CIB Business Controls & Risk Management, Associate

CIB Business Controls & Risk Management, Associate - Dallas/MiamiCountry: 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 possibilitiesWe Want to Talk to You!

Essentials Functions/Responsibility

The Associate, Business Control & Risk Management operates within the First Line of Defense and is accountable to assist the CIB Business
Control Unit in driving effective and consistent business line execution against the Enterprise Risk Management Framework.
Specifically, the Associate works to identify, assess key risks and control effectiveness throughout the assigned business line by driving business unit adherence with applicable risk frameworks, Corporate/Business Line policies and standards. The incumbent will also assist with completion of business line risk initiatives, as assigned, such as risk assessments, KRI/KPI development and monitoring, and on-time remediation of issues.
The Associate must be able to effectively partner with various stakeholders.

Job Function Description

Monitors activities to minimize the Corporate & Investment Bank's (CIB) exposure to risk. Activities may include quantitative analysis, risk identification and remediation. Represents or supports the reputation of the company to minimize compliance and regulatory risk by resolving issues and ensuring adherence to company and legal standards. Responsible
for ensuring that all of the company's activities adhere to the necessary rules and regulations, and that the company complies with legal/regulatory statutes and jurisdictions.

Key Responsibilities

Key Responsibilities: The Position may support the following:
•Risk and Control Self-Assessment (RCSA) Support: Assist in maininating and updating risk and control inventories and process maps/workflows. Support the execution of periodic risk assessments across investment banking lines under the direction of Business Control Officers (BCOs) and RCSA leads.
•Issue and Event Management : Log, track, and support remediation of operational risk events, near misses and financial losses.Assist in deployment of the issue management program, including monitoring of corrective actions and reporting to various committees.
• Facilitate scenario analysis exercises in coordination with business units and BCO, documenting key assumptions, impacts, and mitigation strategies.
• Support the BCOs in the execution of the firm's Material Risk Identification and Assessment (MRIA) program and Reputational Risk program.
• Assist in the development and refinement of key risk indicators (KRIs), and monitor thresholds to identify emerging trends and trigger appropriate escalation.
• Participate in the development of and delivery of risk training materials for key Operational Risk, Enterprise Risk and testing programs across the investment banking teams.
• Perform control testing across non-financial risk domains (including AML) as part of the firm's RCSA framework, focusing on control effectiveness evaluation.
•Execute validation testing of issue remediation for self-identified, second line, and regulatory findings to ensure complete and sustainable resolution and closure.
•Support quality control efforts across RCSA and issue validation workstream to ensure consistency, accuracy, and alignment with internal standards.
•Prepare reports and support the develppment of audit-ready materials for governance meetings and risk reporting.

Qualifications

Skills:

Knowledge of the financial services sector, particularly the products and services of a commercial or investment bank.
Advanced understanding of the regulatory environment and how the risks of the products and services the bank offers are viewed by the Second Line of Defense and regulators.
Understanding and demonstrated application of operational and/or enterprise risk identification and mitigation practices and procedures.
Able to effectively engage in communication with executive management, regulators, and other team members across the Santander US and CIB.
Ability to develop a mentoring culture with both senior experienced team members and junior staff.
Strong project management skills.
Ability to build internal and external networks of information resources within the risk management ecosystem.
Operational Risk Management Experience
Experience in gap or risk analysis
High sense of urgency with ability to drive results
Effective multi-tasking and prioritization skills
Ability to handle diverse workload and tight schedule
Solid time management and organizational skills

Key Competencies:

Organizational governance: Knowledge of the processes, customs, policies, and rules affecting the way the organization is administered and controlled; ability to ensure compliance with governance guidelines and policies.
Accuracy and attemtion to detail: Understanding the necessity and value of accuracy - ability to complete tasks with a high level of precision.
Internal controls: Knowledge of concept, methods, and processes of internal control; ability to create, implement, evaluate and enhance processes in internal controls.
Organizational awareness: knowledge of the organizational environment and tactics; ability to effectively navigate formal and informal communication and decision-making channels.

Education:

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.

Work Experience:

5 years

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:

$63,750.00 USD

Maximum:

$110,000.00 USD

Link to Santander Benefits:

Santander Benefits - 2025 Santander OnGoing/NH eGuide ()

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 to discuss your needs.

Primary Location: Dallas, TX, Dallas

Other Locations: Texas-Dallas,Florida-Miami