Job Description

1LoD Credit Risk Review Quality Control - VP

Country: 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 possibilities We Want to Talk to You!

The position the operates within the CIB First Line of Defense to develop, manage and execute the CIB Credit Risk Management Quality Control (Credit QC) programs. The Vice President position will be responsible for ensuring the loan portfolio is underwritten consistent with industry practices and conforms to all internal credit standards and procedures and all regulatory expectations. The Vice President will partner with the CIB Credit Professionals, Credit Risk Managers and CIB Issues Management on issues management and remediation.

Ensures transparency of business results, finance and processes. Typically organizes a reporting system and tracks goals accomplishment, collect and process data and provides managers with all necessary company management data and information.

Essential Functions/Responsibilities:

• Leads and participates in credit risk reviews of the Corporate and Investment Bank (CIB) portfolios and contributes to the preparation of the review summary, findings, observations, and recommendations.
• Assesses asset quality, status, and appropriateness of existing credit risk controls/ compliance with established underwriting policies/risk tolerance.
• Ensures appropriate and timely assignment of risk ratings and identification and management of deteriorating credits.
• Reviews required documentation for loan review testing, inclusive of conducting credit file reviews and completing necessary workpapers
• Assesses the effectiveness of portfolio management and credit monitoring functions and reporting.
• Follows up and tracks recommendations issued from prior reviews; performs validation of completed remediation.
• Follows up and tracks regulatory recommendations; performs validation of completed remediation.

Qualifications:
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:
Bachelor's Degree or equivalent work experience in Accounting, Business, Statistics, Risk Management, Information Systems, Finance, Economics or equivalent field.
Master's Degree in Accounting, Business, Statistics, Risk Management, Information Systems, Finance, Economics or equivalent field. (Preferred)

Work Experience:
Risk Management, Internal Controls, Auditing, Credit Management, relevant line of business experience and/or legal or regulatory experience, 7+ years.

Skills and Abilities:

• Demonstrated experience executing risk projects across multiple business lines offering a wide variety of financial services products and services.
• Advanced knowledge of the financial services sector, particularly with the competitive dynamics and risk management.
• 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.
• Demonstrated judgement in escalation, ensuring risk-based clear line of sight for senior executives into existing and emerging issues/incidents.
• Ability to build credibility with, collaborate with, and influence line of business executives.
• Excellent analytical and complex problem-solving skills.
• Ability to constructively work both independently and in collaborative environments involving all levels of management and employees
• Ability to collaborate with internal and external service providers to establish resource requirements, scheduling, assignments and service levels.

EEO Statements: 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.

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 :

Review the internal eligibility guidelines here . 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 TAOps@santander.us to discuss your needs.

Benefits:
Santander Benefits - 2025 Santander OnGoing/NH eGuide (foleon.com)

Primary Location:  New York, NY, Madison Ave Corp

Other Locations:  New York-New York

Organization:  Banco Santander S.A.

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.

Salary: $86,250 - $155,000/year

Job Tags

Hourly pay, Contract work, Work experience placement,

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