Associate, Capital Risk Oversight

Overview

It Starts Here

Santander is a global leader and innovator in the financial services industry and is evolving from a high-impact brand into a technology-driven organization. Our people are at the heart of this journey and together, we are driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what’s possible. This is more than a strategic shift. It’s a chance for driven professionals to grow, learn, and make a real difference.

If you are interested in exploring the possibilities We Want to Talk to You!

The Capital Risk function is responsible for identifying and assessing the exposure of Santander US capital to specific events or the combination of circumstances that may impact on its position or the quality of its assets. The capital risk management oversight team reports to the Chief Treasury Risk Officer. The capital risk function ensures that capital management decisions are consistent with Santander capital policy guidelines, risk profile and appetite, preserve Santander US capital adequacy, contributes on meeting its regulatory requirements.

As an independent function from management, the capital risk function escalates to senior management any capital issue or deficiency, and review and challenge the management decisions associated with Capital, including strategic planning and budget, stress testing, and capital initiatives and significant risk transfer activities.

This role supports the firm’s regulatory capital governance and oversight, helping ensure capital measurement and reporting processes are accurate, well-controlled, and aligned with applicable regulatory expectations. The position partners with different stakeholders across Risk, Finance, and key business teams to monitor capital performance, attesting capital metrics and Risk-Weighted Assets (RWAs) to support that regulatory reports accurately reflect risk estimates and comply with regulatory standards, and provide effective review and challenge across capital-related activities.

• Review, validate, and attest to regulatory capital and risk-weighted asset (RWA) calculations under US GAAP and IFRS, including targeted testing to help ensure reported results are accurate and compliant with applicable standards.
• Analyze complex data and capital reporting outputs to assess the soundness of methodologies, assumptions, inputs, and results.
• Monitor trends in capital metrics, identify key drivers of change, assess material impacts, and track management actions to support capital adequacy.
• Support independent review and challenge of capital planning, stress testing, budgeting, and strategic capital initiatives through detailed analysis and thorough documentation of conclusions.
• Prepare recurring and ad‑hoc reporting for Global Headquarters, senior management, and governance committees.
• Maintain capital risk issue management activities, including issue logs, remediation tracking, and escalation of deficiencies in line with established governance frameworks.
• Contribute to regulatory examinations, internal audits, remediation initiatives, and capital-related projects to support sustained compliance and continuous process improvement.

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 in economics, finance, risk management, or a related field – Required.

• 5 years+ of experience in a finance-related function – Required.
• 2+ years of experience in capital management, market risk, or credit risk or finance related function with experience in regulatory capital reporting – Required.

• Proficiency in MS Office and experience with databases such as Access, SQL Server, or Oracle.
• Working knowledge of programming languages such as Python, R, MATLAB, or SAS.
• Strong analytical capabilities to assess capital metrics, RWA calculations, and…