Description As a member of Santander's retail banking division you'll help serve Santander's retail and small business customers as part of one of the top banks in the United States based on deposits. With principal presence in the northeast U.S., Santander's retail division offers consumer and lending products to help our customers reach their financial goals. Santander currently serves nearly 2 million retail customers and 5.2% of the 2.7 million small businesses in the US footprint have a transactional account with Santander Bank. The Director, Portfolio Management & Oversight is responsible for the development, establishment and evaluation of risk policies and processes. The incumbent is responsible for managing Risk Management professionals through guidance and support to achieve departmental performance targets and objectives. Responsibilities Assists in the developing and mapping of key risk indicators (KRIs) that are mapped to various risks to determine elevations in risk; implements risk mitigation measures. Assists in the execution of the corporate compliance, fraud, and risk assessments by identifying key risks and assessing mitigating controls to determine the risk profile for the organization. Communicates direction from senior leadership to risk management team. Develops, establishes, and evaluates risk operating policies, processes, and standards. Enforces and ensures risk management policies, practices and procedures are understood and followed by direct reports and employees. Guides and supportsRisk Management team to achieve departmental performance targets and objectives. Identifies emerging risks that present new regulatory fraud, or money laundering risks. Manages the publication, dissemination, and availability of compliance and financial policies and procedures. Provides guidance and coordination among all constituencies.,Provides guidance on risk procedures and policies. Recommends changes to risk policies, procedures, limits, concentrations, and regulations based on developing risk variables. Sets goals and articulates objectives for risk management team members in alignment with departmental objectives. Tracks the progress of remediation of control weaknesses identified by Internal Audit, self-testing, or controls assessment. Qualifications Bachelor's Degree; Accounting, Business, Statistics, Risk Management, Information Systems, Finance, Economics or equivalent field. Master's Degree; Accounting, Business, Statistics, Risk Management, Information Systems, Finance, Economics or equivalent field or equivalent work experience. 9-12 years of professional experience. Ability to adjust to new developments/changing circumstances. Ability to collaborate with multidisciplinary teams. Ability to convey a sense of urgency and drive issues/projects to closure. Ability to direct, train and guide peers, subordinates and management. Ability to effectively communicate and build relationships with multiple levels of the organizational structure, including senior level management. Ability to effectively interact with the market, executive management and vendors. Ability to handle conflict resolution with other groups to ensure appropriate accounting guidance is followed. Ability to maintain and report on confidential information in an appropriate manner. Ability to multi-task and adapt/adjust to multiple demands and competing priorities. Advanced knowledge of risk management best practices and how to implement them. Commercial awareness. Demonstrated expertise in risk management segment, or ability to perform at an advanced level of competence. Demonstrated knowledge of risk management needs and designing new solutions based on detailed analysis. Excellent analytical, organizational and project management skills. Excellent written and oral communication skills. Strong leadership, supervisory, and customer service skills. Strong risk, process, and control validation and/or assessment skills. Minimal physical effort such as sitting, standing, and walking. Brings out the best in each team member by consistently motivating and acknowledging peer contributions. Understands and leverages team dynamics. Effectively conveys difficult or complex information in an easy to understand manner, by providing the big picture and illustrating important linkages. Asks open-ended questions that encourage others to give their points of view. Ensures people receive the information they require, and brings the team together to share information. Ensures that all directs and colleagues have appropriate knowledge of risk and the regulatory environment. Investigates and identifies the root cause and corrects items deemed non-compliant, regardless of pressures from business or management. Fully accountable for timeliness, completeness, quality of projects, processes, products and services. Remains calm and focused on goals while facing pressures, obstacles or short-term setbacks,Improves relationships between key individuals to achieve seamless cross-team work flow and positively impact results. Uses informal networks to gain support for ideas and projects. Keeps up -to-date with external market events, pressures and regulations which may impact the organization and assesses whether similar issues exist in the organization. Can identify functional and organizational implications associated with major trends. Designs solutions to address industry activities that impact the organization,Monitors adherence to policies, regulations, processes and procedures within function and actively undertakes corrective action where necessary. Understands end to end processes across the organization and how processes are integrated. Has a practical knowledge of regulations impacting area supported. 1901363Salary Range: NAMinimum Qualification8 - 10 years Associated topics: associate director, chief investment officer, controller, director finance, finance director, financial director, general operational manager, operational manager, president finance, supervise
* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.