What are the responsibilities and job description for the Portfolio Management & Analytica Senior Associate - Remote position at Santander Bank, N.A.?
Boston, United States of America
The Senior Associate, Portfolio Management & Analytics
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.
Education
Skills And Abilities
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. Occasional moving and lifting equipment and furniture is required to support onsite and offsite meeting setup and teardown. Physically capable of lifting up to fifty pounds, able to bend, kneel, climb ladders.
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 at any time for any reason.
Primary Location: Boston, MA, Boston
Other Locations: Massachusetts-Boston,Texas-Austin,Pennsylvania-Harrisburg
Organization: Santander Holdings USA, Inc.
Salary: $93,750 - $165,000/year
AN EQUAL OPPORTUNITY EMPLOYER M/F/Vet/Disabled/SO
The Senior Associate, Portfolio Management & Analytics
- Leverages their subject matter expertise in second line defense to ensure a holistic monitoring of the Commercial Portfolios their responsibilities, analyzing trends, identifying root causes, and proposing mitigating actions.
- Leads risk projects and/or programs oriented to enhance monitoring processes and practices, ensuring compliance with Heighted Standards regulatory requirements.
- Works in a rapid and very dynamic environment, coordinating with multiple partners across the organization to have a comprehensive and holistic view of all risks impacting their portfolios.
- Portfolio Management (Macro View). Portfolio Monitoring, Reporting, and Analytics.
- Focus on Commercial portfolio, including Commercial Real Estate and Commercial and Industrial.
- Monitors activities to minimize the company's exposure to risk. Activities may include quantitative analysis, risk identification and remediation.
- Strong analytical and critical thinking skills.
- Commercial Risk rating Model Oversight, Reserves and Forward-Looking Analytics.
- Commercial Management Limits and portfolio analytics.
- 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.
- 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.
- Ensures adherence to the policies and procedures established by the company.
- Manages policy, standard definition and monitoring of policy, standard implementation, ensuring harmonization and consistency of risk policies.
- Monitors and manages risk/exposure and compliance with the company's policies. Identifies, manages, and reports on the company's risk areas.
- Evaluates the adequacy and effectiveness of data, document retention, and monitors systems.
- Analysis of trends, issues, concerns within Commercial Banking portfolios (such as delinquency, NPL, charge offs, rating migration, provisioning, industry related concerns / concentrations, among others), challenging and escalating issues as appropriate.
- Monthly and quarterly updates of Commercial portfolios.
- Familiar with main risk and metrics impacting Commercial Portfolios, including Commercial & Industrial and Commercial Real Estate portfolios.
- Leads special risk mitigation projects and/or programs, business continuity and other incident response and security related activities.
- Builds positive relationships with executives, managers, and teams, while developing an understanding of the business and strategic initiatives.
- Initiates change, integration, operationalization of new events.
- Identifies enterprise trends, synergies, and opportunities for change.
- Serves as a liaison between first and third lines of defense.
- Enhances governance processes in support of infrastructure builds and oversee strategic compliance / business solutions.
- Maintains a strong rapport with local risk teams to create a strong risk culture of performance and accountability.
- Leverages subject matter expertise in second line to significantly improve existing processes and practices.
- Oversees and ensures consistent quality control, accuracy, and compliance with internal policies and regulatory requirements for reporting processes.
- Influences others at an operational level regarding new concepts, best practices and approaches related to risk mitigation, risk identification and resolution, and/or risk management.
- Represents organization as a primary contact for specific risk management projects and initiatives.
- Systematizes ad hoc reporting for line of businesses and team members to facilitate miscellaneous senior and executive management reporting and status updates as needed.
- Coaches, reviews, and delegates work to junior level professionals.
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.
Education
- Required - Bachelor's Degree or equivalent work experience: Accounting, Business, Statistics, Risk Management, Information Systems, Finance, Economics, or equivalent field.
- Preferred - Master's Degree Accounting, Business, Statistics, Risk Management, Information Systems, Finance, Economics, or equivalent field.
Skills And Abilities
- Advanced knowledge of credit risk processes and portfolio analytics.
- Strong analytics skills, including proficiency in Excel and other analytical tools.
- Python and SQL experience a plus
- Advanced knowledge in regulatory reporting and compliances.
- Expertise in delivering high quality work products, reflecting attention to detail and analytical prowess.
- Excellent written and verbal communication skills and the ability to interact with senior leaders across departments.
- Superior project management skills.
- Ability to analyze risk and design efficient control practices to minimize risk.
- Ability to quickly grasp complex concepts, including global business and regulatory matters.
- Ability to lead, influence and direct peers, subordinates, and management.
- Ability to adjust to new developments/changing circumstances.
- Self-directed, initiative-taking and demonstrated experience providing ideas and solutions to further business understanding.
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. Occasional moving and lifting equipment and furniture is required to support onsite and offsite meeting setup and teardown. Physically capable of lifting up to fifty pounds, able to bend, kneel, climb ladders.
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 at any time for any reason.
Primary Location: Boston, MA, Boston
Other Locations: Massachusetts-Boston,Texas-Austin,Pennsylvania-Harrisburg
Organization: Santander Holdings USA, Inc.
Salary: $93,750 - $165,000/year
AN EQUAL OPPORTUNITY EMPLOYER M/F/Vet/Disabled/SO
Salary : $93,750 - $165,000
