USA Associate, Credit Risk (047RI1)

USA Associate, Credit Risk (047RI1)

Country : United States of America

Your Journey Starts Here :

Santander is a global leader and innovator in the financial services industry. We believe that our employees are our greatest asset. Our focus is on fostering an enriching journey that empowers you to explore diverse career opportunities while nurturing your personal growth. We are committed to creating an environment where continuous learning and development are prioritized, enabling you to thrive both professionally and personally. Here, you will find ample opportunities to connect and collaborate with talented colleagues from around the world, sharing insights and driving innovation together. Join us at Santander, where you are supported by a culture of engagement and a commitment to your success.

An exciting journey awaits, if you are interested in exploring the possibilities We Want to Talk to You!

The Difference You Make :

The Associate, Credit Risk is responsible for risk concentration monitoring, analysis, and reporting. The incumbent will analyze and summarize current and prospective trend financial characteristics, regulate risk exposure and controls by identifying areas of concern, opportunities, and reports on potential and / or known issues while recommending process improvements.

• Evaluates counter party credit equivalent exposure in non-standard trade positions using modeling techniques.
• Identifies potential credit risks and assesses impact, probability of occurrence and timeframe.
• Analyzes counter party portfolio and cross-border risk data, events and trends.
• Investigates various credit risk inquiries, proposals, plans, and makes recommendations as directed by management or at own initiative.
• Provides guidance and subject matter expertise regarding credit risks and mitigation planning to colleagues across the organization.
• Maintains abreast emerging risk trends and risk management best practices; summarizes and communicates findings with team.
• Implements quality controls and processes; determines resolution steps for quality issue, with escalation and reporting as required.
• Ensures business activities and operations are in compliance with applicable policies, procedures and / or regulatory requirements.
• Generates routine analysis and insights using raw and multiple data sources for reporting.
• Performs ad-hoc projects requiring planning, research, analysis, and recommendations to management via formal presentations and / or written communications.
• Regulates credit risk exposure, mitigation, and controls for new products and implements solutions to existing programs.
• Collaborates cross-functionally with Information Technology to ensure the establishment of recovery testing methodologies; the planning and coordination of the testing of recovery support and business resumption procedures.
• Develops and presents comprehensive risk exposures and recommendations on best practices for remediate and implement to management. What You Bring :

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and / or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Bachelor's Degree or equivalent work experience : Accounting, Business, Statistics, Information Systems, Finance, Economics or equivalent field. - Required.

Master's Degree Accounting, Business, Statistics, Information Systems, Finance, Economics or equivalent field. - Preferred. 5+ Years Risk Management, Credit Risk, or Internal Audit - Required.

5+ Years Financial Services industry experience. - Required.

No Certifications listed for this job. It Would Be Nice For You To Have :

Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.

What Else You Need To Know

The base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.

Base Pay Range

Minimum : $76,875.00 USD

Maximum : $130,000.00 USD

Link to Santander Benefits :

Santander Benefits - 2025 Santander OnGoing / NH eGuide (foleon.com)

Risk Culture :

We embrace a strong risk culture and all of our professionals at all levels are expected to take a proactive and responsible approach toward risk management.

EEO Statement :

At Santander, we value and respect differences in our workforce. We actively encourage everyone to apply. Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status or any other characteristic protected by law.

Working Conditions

Frequent minimal physical effort such as sitting, standing and walking is required for this role. Depending on location, occasional moving and lifting light equipment and / or furniture may be required

Employer Rights :

This job description does not list all of the job duties of the job. You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. This job description is not a contract for employment and either you or the employer may terminate

your employment

at any time for any reason.

What

To Do Next

If this sounds like a role you

are

interested in, then please apply.

We are committed to providing an inclusive and accessible application process for all candidates. If you require any assistance or accommodation due to a disability or any other reason, please contact us

at

TAOps@santander.us

to discuss your needs.

Primary Location :   New York, NY, Madison Ave Corp

Other Locations :   New York-New York

Organization :   Banco Santander S.A.