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Location Boston, United States Category Risk & Governance Date posted 07/04/2021 Job ID 2101572
Sr. Analyst, Operational Risk-2101572

Description

The Sr. Analyst, Operational Risk is responsible for reviewing, analyzing, and/or evaluating the Company's Operational Risk (OR) program that renders risk-based processing and reporting to reduce operating losses and maintain maximum protection of the organization's assets, products, and services. S/he will recommend opportunities and propose resolutions for improved efficiency, effectiveness, and/or risk reduction for the department.

  • Adjusts risk management policies, systems, and processes to solve problems or improve effectiveness within the department
  • Assists in processing risk assessments by analyzing risk data and identifying any plausible risks affecting the business and operations
  • Assists senior level staff and management as requested
  • Evaluates risk management contingency plans and reports findings
  • Evaluates the strengths and weaknesses of existing controls and provides recommendations on opportunities for improvement
  • Informs employees on risk policies and guidelines to build a risk aware culture and practice across the organization
  • Interprets and applies procedures, ensures analysis is documented and that records are maintained
  • Operates as a point of contact for the department by responding to internal inquiries regarding policies, procedures, regulatory requirements, and project status updates
  • Performs other duties and responsibilities as assigned
  • Prepares appropriate review memorandum summarizing liabilities and recommends follow-up evaluations, Provides procedural guidance and support to junior analysts in the various functions of the department, and in the methods of tools of analysis
  • Researches a wide variety of topics and issues including emerging risks and trends and risk management best practices; summarizes and communicates findings with team
  • Reviews identified risks and liabilities; informs and recommends resolutions with business lines to mitigate risk potential.

At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams. We encourage everyone to apply.

Qualifications

  • Bachelor's Degree: Business, Finance, Management, or equivalent field or equivalent work experience required
  • 3-5 years; Risk Management/Risk MIS experience
  • Ability to analyze risk and provide recommendations and/or resolutions to minimize risk
  • Ability to build and foster internal relationships
  • Ability to change direction as project demand dictates
  • Ability to effectively and clearly communicate instructions to others, summarize and articulate issues, and document findings in a clear and concise manner
  • Ability to interpret, analyze and apply data/information
  • Ability to organize and prioritize multiple tasks to meet deadlines
  • Ability to stay abreast of industry best practices, procedures, and techniques
  • Ability to summarize, document, and communicate information in a clear and concise manner
  • Ability to work independently as well as collaboratively within a team environment
  • Demonstrated practical and theoretical knowledge of risk principles, concepts and policies., Strong MS Office (Excel, PowerPoint, Word, Visio, and Outlook) skills
  • Strong organizational and time management skills
  • Strong problem solving and critical thinking skills
  • Strong quantitative capabilities and analytical skills, including an investigative mindset
  • Strong verbal and written communication skills
  • Minimal physical effort such as sitting, standing, and walking
  • Communicates in a timely and straightforward manner
  • Probes for additional information, clarifies assumptions and confirms agreed-upon actions
  • Keeps everyone involved informed about progress and issues
  • Communicates the importance and benefits of risk management to counterparts
  • Displays natural skepticism and curiosity to question the status quo and uncover issues
  • Adheres to a good root cause analysis process
  • Creates a good working environment in the team; works towards shared goals contributing ideas and accepting change
  • Provides assistance and coaches less experienced team members
  • Executes risk management process and procedures without management direction, and demonstrates awareness of expected results
  • Knows the relationship and impact of actions and results
  • Has an understanding of regulations impacting area supported
  • Follows through to meet commitments to others Takes responsibility for achieving strong results, despite balancing multiple complex demands
  • Knows who to reach out to inside and outside of ones team to get work done
  • Takes action to enhance working relationships needed to achieve seamless work flow
  • Stays current with industry and regulatory trends and emerging risk issues
  • Has good understanding of current market and competitive landscape that the organization operates within
  • Uses information and data effectively to support a position and present a rational case

Job

:Risk Management

Primary Location

:Massachusetts-Boston-75 State Street - 06366 - State Street-Corp

Organization

:CRO (8855)

Schedule

:Full-time

Job Posting

:Apr 7, 2021, 1:08:09 PM

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  • Risk & Governance, Boston, Massachusetts, United StatesRemove