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Sr. Analyst, Business Control & Risk Management

Company: Santander Bank
Location: East Providence
Posted on: June 6, 2021

Job Description:

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  • Overview
  • Success Profile
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Solid handshake? Winning smile? Big, bold and bright ideas? If that sounds like you, it's time to drop everything and start getting excited - because we're waiting to welcome you to an awesome future. One where you'll be able to give your entrepreneurial spirit room to grow as you build a rewarding career alongside people as friendly and enthusiastic as you are. So get some screen time with the videos below, and discover how you can Santander.

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Success Profile

What makes someone successful at Santander?

Check out the top traits we're looking for and see if you have the right mix.

  • Enthusiastic
  • Entrepreneurial
  • Outgoing
  • Personable
  • Problem-solver
  • Results-driven

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Our Culture

  • Diversity and inclusion - We work together to create an environment that welcomes diverse perspectives and talent.
  • Corporate responsibility - Our corporate responsibility programs share a common purpose of giving back to the community.
  • Balance and wellness - Our benefits help you live your life to the fullest while balancing work and personal goals.
  • Educational opportunities - We foster a culture of learning, inspiring you to further develop your skill set and education.

Benefits & Rewards

  • Healthcare

Medical, Dental, Vision Pre-tax Health Accounts, Short- and Long-term Disability EAP, Health Advocate Services

  • Savings Plans

401(k) Retirement Plan Up to 5% 401(k) Matching Additional Investment Options

  • Family Support

Paid Parental Leave, Adoption Assistance, Dependent Care FSA, Tax-advantaged Transit/Parking Legal Assistance Plan

  • Insurance

Life, accidental death, business travel accident, long- and short-term disability insurance coverage

  • Additional Perks

Tuition and computer purchase reimbursement, plus discounts for cell phone, fitness and auto/home insurance

  • Work/Life Balance

Paid Time Off (PTO), Holiday Time Off, Volunteer PTO, Travel Discounts

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Job Description

Req ID: 2102467

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 Sr. Analyst, Business Control & Risk Management is responsible for various activities related to risk management performance. Works to identify, assess and action various risks throughout the assigned business line by executing defined risk programs. The Sr. Analyst is responsible for developing, analyzing, reporting and challenging data. S/he participates in initiatives and recommends opportunities for improved efficiency, effectiveness and/or risk reduction.


  • Acquires and applies a developing knowledge of changes to the regulatory environment to ensure proper compliance with processes and requirements are followed.
  • Assists in the development, implementation, and maintenance of our IT risk management framework.
  • Assists in the execution of Risk Control Self-Assessments (RCSA's). Assists in the fulfillment of our external and internal audit requirements around IT SOX.
  • Assists with the development and documentation of achievable and sustainable action plans to remediate identified control weaknesses.
  • Conducts periodic risk assessments of operational areas to identify areas of risk, including the documentation of risks, identification of risk owners, measurement of risks, and facilitation of appropriate risk treatment plans,
  • Identifies opportunities for improvement that will strengthen the overall control environment.
  • Identifies, analyzes, monitors, and completes control testing, control and risk education, and operational and risk support activities to the business.
  • Learns to translate control deficiencies into action plans. Contributes to the enhancement of governance practices in alignment with risk and compliance frameworks.
  • Makes recommendations to drive improvement efforts and participates in the remediation through action plan coordination and support. Manages the process of assessing critical risk and controls identified by management.
  • Partners with management to identify applicable key risk indicators and to coordinate root cause analysis, action plan development and implementation of needed updates. Assist with special projects related to Controls, on an as needed basis.
  • Partners with process owners to identify control failures, and assesses the impact.
  • Performs first line of defense data analysis, report preparation and trend analysis, utilizing business intelligence tools.
  • Performs ongoing supervision of established business controls and applies maturing knowledge to perform root cause analyses, testing coordination and seeks guidance from team members to evaluate the effectiveness of established business controls.
  • Prepares reports and provides insight to business on control / risk management including Error / Near Miss analyses. Responsible for interpreting regulations in order to adjust and improve internal controls.
  • Supports management on the identification and measurement of trends and improvements utilizing best practices.

  • Bachelor's Degree or equivalent work experience of 3-5 years in Banking and Risk Management
  • Ability to handle diverse workload and tight schedules
  • Ability to interpret and analyze data with advanced reasoning and analysis skills
  • Ability to lead and drive change
  • Attention to detail and a strong work ethic
  • Control testing experience
  • Demonstrable evidence of stakeholder management
  • Developing knowledge of relevant regulatory compliance, industry regulations and regulatory data sources require
  • Effective multi-tasking and prioritization skills
  • Effective written and verbal communication skills
  • Excellent verbal and written communication/presentation skills
  • Experience in gap or risk analysis
  • Experience working with metric stream
  • High sense of urgency with ability to drive results
  • Issue management experience (validation, mapping to controls, remediation planning, tracking and reporting)
  • Knowledge and experience with IT risk management and use of control frameworks.,
  • Knowledge and working understanding of additional auditing standards, theories, concepts, and terms (including Sarbanes-Oxley, COBIT and the COSO Integrated Control Framework).,
  • Operational Risk Management Experience
  • Self starter, able to establish relationships and transcend multiple cross-functional/divisional boundaries, largely unaided
  • Solid time management and organizational skills., Solid understanding of GAAP
  • Strong collaboration and relationship management skills
  • Strong interpersonal skills and positive attitude
  • Strong risk assessment, negotiation and problem resolution skills
  • 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 one's 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

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

Primary Location: East Providence, Rhode Island, United States

Other Locations: Rhode Island-East Providence

Organization: Santander Bank, N.A.

Keywords: Santander Bank, East Providence , Sr. Analyst, Business Control & Risk Management, Other , East Providence, Rhode Island

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