Vice President, Operational Risk

Company: Santander Holdings USA Inc
Location: Plano
Posted on: September 16, 2020

Job Description:

Description Job Family: RiskMonitors activities to minimize the company's 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.Job Function: Operational Risk ManagementResponsibilities:

• Perform/ oversee statistical analysis and data science work in developing, tuning, testing, and optimizing operational risk data
• Collect, aggregate, analyze, and visualize customer, product, and transaction data to identify trends and evaluate changes of customer, product, and transactional risk exposure
• Apply data from Operational Risk programs, as well as firm-wide sources to translate qualitative risk factors into responsive risk analysis that leverage new technology
• Develop knowledge of new analytical techniques and data sources that provide ongoing risk mitigation, and how emerging data and technology issues may impact the achievement of Operational Risk Department's objectives
• Manage and review analysis performed by junior staff
• Analyzes, measures performance, monitors trends, defines limits according for Operational Risk exposures in accordance to Risk Appetite
• Provides oversight and guidance for management of operational risk events, external events and scenario analysis/stress testing
• Supports the creation, management and development of ORM program strategy, policies and models within the organizationQualifications:
  • Strong reasoning ability and analytical skills
  • Maintains high level of confidentiality; unquestionable character, integrity and professionalism
  • Bachelors degree in Statistics, Biostatistics, Economics, Computer Science, Mathematics, Finance, Actuarial Science or related field - graduate degree or course work is preferred
  • 9 to 12 years of experience in statistical/ mathematical analysis or data science - experience may include relevant course and/or project work
  • Experience in statistical computing, programming, data management and statistical software packages, e.g. R/Python/ SAS/ Stata. Experience in statistical consulting or data science/analysis is preferred
  • Experience with Business Intelligence tools and/ or willingness to learn new tools (e.g., Power BI, MicroStrategy, Tableau etc.)
  • Experience in transforming business problems and requirements into statistical/ analytics work product. Ability to develop work product independently and in a fluid environment
  • Experience with SharePoint and Microsoft Office suiteExperience:9 - 12 years Analytical experienceSkills & Abilities:
    • Knowledge of operational risk management principles, methodologies and tools, governance principles and activity preferably in a financial services environment preferred
    • Knowledge of workflow/ processes and risks/controls, including: origination, underwriting, servicing, and collections/workout preferred
    • Ability to independently operate in a complex, matrixed environment; adept at delivering and maintaining productive working relationships across business, functions, geographies and lines of defense
    • Ability to direct, train and guide peers, subordinates and management
    • 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 adapt and adjust to multiple demands and competing priorities
    • Excellent written and oral communication skillsEmployer's RightsThis job description does not list all the duties of the job. You may be asked by your supervisors or managers to perform other duties. You will 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 employment at any time, for any reason

Keywords: Santander Holdings USA Inc, Plano , Vice President, Operational Risk, Executive , Plano, Texas