Director, Risk Management

Company: Santander Holdings USA Inc
Location: Lowell
Posted on: November 21, 2020

Job Description:

Director, Risk Management  -  2003051  Description  The Payment Systems and Deposit Risk Director is responsible for helping to facilitate the Payment Systems and Deposit Risk function to identify, assess, monitor and make timely and measured judgements on all current and potential future payment and deposit related risks, in order to protect the employees, assets and reputation of the Bank and to grow shareholder value and profitability. This role is also responsible for ensuring Second Line of Defense governance of the First Line of Defense.  Leading and directing the Payments Systems and Deposit Risk Function and as a partner to the business, prioritizing customer experience, while retaining appropriate risk management discipline to achieve strategic goals. Facilitating in the management of the end to end risk of payment systems; partnering with the business and operations unit to deliver on strategic enhancements. Facilitating in the management of risks specific to Deposit Accounts; delivering analytic solutions for Overdraft and funds availability improvements and performing a critical oversight role for both customer facing and back office operations with a focus on transactional and regulatory risks. Identifying emerging risk issues, initiating mitigating strategies, and monitoring the effectiveness of standing payment and deposit risk strategies and policies. Undertaking a periodic review and assessment of the Bank's investments in payments and deposit risk management and strengthening the Bank's understanding of payment and deposit risk while ensuring that robust customer treatment processes are in place and are consistent, effective, and efficient. Facilitating in the development and maintenance of all payments, deposit risk, and related product risk policies and monitoring the execution of those policies in the first line.  At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams. We encourage everyone to apply.  Qualifications  Bachelor's or Equivalent in Business, Mathematics, Economics, Statistics, or similar quantitative field required 10 years of retail and transactional banking experience, specifically payments and deposits; experience running or overseeing complex business processes Experience with Regulatory and Audit Examinations A high level of professional competence which helps to determine solutions around appropriate risk measures, risk processes, risk monitoring and management. Ability to drive change make robust/tough decisions which may be contrary to the business wishes, form effective relationships and influence at the most senior level in the organization Understand and interpret complex business requirementsâ?¢ Communication and interpersonal skills, including the capacity to articulate the case for risk management in the language of business The ability to work effectively across all levels of the organization to understand both the cross-functional linkages and interdependencies within the Bank and the implications of deposit risk at a strategic and business level Strong analytical and problem-solving skills Proven ability to prioritize competing demands  Job :  Risk Management  Primary Location :  Massachusetts-BOSTON-75 State Street - 06366 - State Street-Corp  Other Locations :  United States  Organization :  CRO (8855)  Schedule :  Full-time  Job Posting :  Sep 30, 2020, 5:54:35 PM Â

Keywords: Santander Holdings USA Inc, Lowell , Director, Risk Management, Other , Lowell, Massachusetts