Banking Business Control & Risk Management, Vice President

I-Banking Business Control & Risk Management, Vice President

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 Business Control & Risk Management VP operates within the First Line of Defense and is accountable to assist the Business Control & Risk Management team in driving effective and consistent business line execution against the Enterprise Risk Management Framework.

The incumbent is expected to champion the Business Control mandate as a critical business partner guiding stakeholders to embed risk management practices in the 1st line. Serves as a subject matter expert by advising and guiding risk initiatives such as risk assessments, KRI/KPI development and monitoring, working with the business line to proactively self-identify issues, and ensure on-time remediation of issues.

You must be able to effectively collaborate with various stakeholders while influencing strategic goals.

• Lead the design and execution of scenario analysis exercises in partnership with business units and CIB Business Control Officers (BCOs), driving the articulation of key assumptions and impacts.
• Direct and oversee the execution of the firm’s Material Risk Identification and Assessment (MRIA) program, ensuring enterprise-wide risk assessments are timely, complete, and integrated into formal risk governance frameworks.
• Develop and refine the strategic framework for Key Risk Indicators (KRIs), overseeing the implementation and continuous enhancement of threshold monitoring to proactively identify emerging risk trends and ensure timely escalation to senior management.
• Produce and oversee risk reporting and MIS, synthesizing scenario outcomes, KRI performance, and material risk themes for BCOs, risk governance committees, and CIB executives.
• Act as a strategic partner to BCOs and risk owners, ensuring material risks are comprehensively identified, assessed, and managed within approved risk appetite and control frameworks.
• Govern and maintain ERM program documentation and lead periodic program reviews and enhancements related to scenario analysis, material risk inventory, and KRI processes, ensuring consistency with internal standards and regulatory expectations.

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.

Req:
Bachelor’s Degree or equivalent work experience:
Accounting, Business, Statistics, Risk Management, Information Systems, Finance, Economics or equivalent field.

Pref:
Master’s Degree:
Accounting, Business, Statistics, Risk Management, Information Systems, Finance, Economics or equivalent field.

9 Years Risk Management, Internal Controls, Auditing, Credit Management, relevant line of business experience and/or legal or regulatory experience. – Required.

5 Years Business Unit. – Required.

• Demonstrated experience executing risk projects across multiple business lines offering a wide variety of financial services products and services.
• Advanced knowledge of the financial services sector, particularly the products and services of a commercial or investment bank.
• Advanced understanding of the regulatory…