Job Description

Business Control & Risk Management Senior Analyst - Hybrid Boston or Dallas

Boston, United States of America

Business Control & Risk Management Senior Analyst

Ideal candidate needs RCSA, SOX, and/or Internal Audit experience where the emphasis is on process mapping, risk assessment, control testing, and associated documentation . Must be able to work 3 days a week in a hybrid role in either Boston, MA, or Dallas, TX.

Job Profile –

The Senior Analyst, Business Control and Risk Management operates within the First Line of Defense (FLoD) and is accountable for assisting the Business Control and Risk Management team in driving effective and consistent business line execution against the Enterprise Risk Management Framework.

• Specifically, the Senior Analyst works to identify and assess key risks throughout the assigned business line by driving business unit compliance with applicable risk frameworks/policies and standards.
• The Senior Analyst will become a subject matter expert and assist with the completion of business line risk initiatives, as assigned, such as risk assessments, RCSA process buildout and ongoing monitoring, CPI identification and monitoring, adherence to program deadlines, and on-time issue remediation.
• This individual must be able to partner with various stakeholders effectively.
• Helps support the review and challenge process, within Santander, on the effective design and management of controls to mitigate risks as required by Control Standards and Governmental Regulatory requirements.
• Adheres to regulatory requirements by identifying, assessing, and mitigating risks related to financial transactions, data privacy, anti-money laundering (AML) regulations, and customer protection laws.
• Includes implementation and operation, conducting the control monitoring/testing, handling deficiencies, and escalating issues for resolution.

Job Description –

Ensures transparency of business results, finance, and processes. Typically, organizes a reporting system and tracks goal accomplishment, collects, and processes data, and provides managers with all necessary company management data and information.

Essential Functions/Responsibility Statements -

 

Drive Risk Culture:

• Ensure awareness in the Business Line of risk frameworks, policies, and standards.
• Financial Risk Management with auditing and risk / process mapping .
• Risk Assessment and control identification for financial process.

Communication & Training:

• A point of contact for receipt and distribution of risk-related information between Single Line of Defense (SLoD) risk teams and FLoD Business Lines.
• Maintain two-way communications with SLoD and other key stakeholders.
• Facilitate training for Business Lines to provide awareness of risk frameworks, policies, programs, and processes.

Adherence to Risk Frameworks, Policies, and Standards:

• Assist with Business Line awareness of and adherence to risk frameworks, policies, and standards through internal control testing and issue validation.
• Report and escalate exceptions and facilitate Business Line corrective actions.
• Adhere to key Financial Governance Compliance (i.e., Governance Risk Compliance (GRC) system, Liquidity Risk Management standards, RCSA and Issue Management Standards).

Issue Identification, Management, and Risk Assessment:

• Conduct RCSA responsibilities - Process Mapping, Risk & Control Matrices, Inherent Risk Assessments, Internal Quality Control testing, and Heracles data/input and issue escalation.

Qualifications:

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 essential functions.

Education -

Bachelor's Degree in Finance, Accounting, Risk Management, Business, or equivalent work experience.

Work Experience -

3-5 years of Risk Control Compliance Management, Compliance with 1st Line of Defense RCSA activities, Control Testing Process, Internal Audit protocols.

Skills and Abilities -

• Develop knowledge of relevant regulatory compliance, industry regulations, and regulatory data sources.
• Knowledge and working understanding of additional auditing standards, theories, concepts, and terms (including Enterprise Risk, RCSA Framework, Sarbanes-Oxley, COBIT, and the COSO Integrated Control Framework).
• Issue management experience ( validation, mapping to controls, remediation planning , and assistance with tracking and reporting).
• Knowledge and experience with IT risk management and automated vs manual control environments.
• Control testing experience including population evaluation, sample selections, test script creation and testing to assess control effectiveness.
• Operational Risk Management Experience.
• Have an audit mind-set .
• Demonstrated ability to Influence change, build relationships, communicate effectively, work under pressure, manage multiple priorities and deliver high caliber results.
• Proficiency with MS Office and SharePoint site management.
• Ideally, GRC, Tableau, Visio software knowledge
• Excellent time management, organizational, and prioritization skills and ability to balance multiple priorities.
• Quick learning ability, outstanding analytical skills and a structured way of thinking, your attention to details is exceptional.

EEO Statements –

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. Occasional moving and lifting equipment and furniture are required to support onsite and offsite meeting setup and teardown. Physically capable of lifting up to fifty pounds, able to bend, kneel, and climb ladders.

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 at any time for any reason.

Primary Location:  Boston, MA, Boston

Other Locations:  Massachusetts-Boston,Texas-Dallas

Organization:  Santander Holdings USA, Inc.

Salary: $52,500 - $87,500/year

Job Tags

Contract work, Work experience placement, 3 days per week,

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