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Associate, Operational Risk

Company: Santander
Location: Peabody
Posted on: February 15, 2020

Job Description:

Associate, Operational Risk-1901544DescriptionTitle:Associate, Operational Risk
Primary Responsibilities:Promote continuous improvement in the design and application of operational risk management activities byIdentifying, assessing and reporting progress on Risk and Control Self Assessments (RCSA), including process mapping, identification and assessment of risk, identification of controls, and assessments of control design and effectiveness, identification of themes Provides second line of defense risk oversight of the Operational risk program, including application of operational risk policies/standards, procedures, strategies, material risks, risk reporting routines and metricsActive participation in loss event notification process and other risk activities including scenario analysis and assessing risk remediation activitiesReporting to governance committeesHelp drive culture of risk awarenessAny other operational risk related tasks as neededQualificationsQualifications:
5-9 years of experience in operational risk, audit, and/or regulatory complianceBachelor's degree in Business Administration, Accounting or FinanceMotivated self-starter with positive energy, integrity and high professional standardsStrong communication skills - able to express facts and ideas clearly both verbally and in writing, interacting professionally, transparently and effectively at all levels of the organization.Detail oriented with the ability to understand high level strategy and impactStrong critical thinking, analytical skills and professional skepticism Ability to work well both independently and collaboratively as a member of the teamAbility to multitask, work in a fast paced environment and adapt to change

Specialized knowledge a plus: - Risk management knowledge: Risk Identification, Risk Assessment, Risk Treatment Measures including Risk Acceptance, Governance including Measuring, Monitoring/Reporting, Risk Aggregation, Control Assessments and Controls Testing


[Skills And Abilities] -
Ability to adapt and adjust to multiple demands and competing priorities. Ability to adjust to new developments/changing circumstances Ability to convey a sense of urgency and drive issues/projects to closure. Ability to effectively interact with the market, executive management and vendors.Ability to handle conflict resolution with other groups to ensure appropriate accounting guidance is followed.Ability to independently operate in a complex, matrixed environment; adept at delivering and maintaining productive working relationships across business, functions, geographies and lines of defenseAdvanced understanding of key inherent risk and risk management control practices.Excellent written and oral communication skills.Strong analytical, organizational and project management skills.Strong risk management principles, methodologies and tools, governance principles and activity preferably in a financial services technology environment. -
[PHYSICAL DEMANDS] -
Minimal physical effort such as sitting, standing, and walking. -
[Competencies] -
Communicates in a timely and straightforward manner - Probes for additional information, clarifies assumptions and confirms agreed-upon actionsKeeps everyone involved informed about progress and issues,Communicates the importance and benefits of risk management to counterpartsDisplays natural skepticism and curiosity to question the status quo and uncover issuesAdheres 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 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 doneTakes action to enhance working relationships needed to achieve seamless work flow,Stays current with industry and regulatory trends and emerging risk issuesHas 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

Job:Risk ManagementPrimary Location:Massachusetts-BOSTON-75 State Street - 06366 - State Street-CorpOrganization:CRO (8855)Schedule:Full-timeJob Posting:Jan 16, 2020, 8:33:33 PM

Keywords: Santander, Portland , Associate, Operational Risk, Other , Peabody, Maine

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