USA Associate, Operational Risk (118RI1)
Apply NowCompany: Santander Consumer USA
Location: New York, NY 10025
Description:
USA Associate, Operational Risk (118RI1)
Country: United States of America
Position Summary
Santander is looking to hire a Payments Risk Associate to become a key member of our Operational Risk Management team. The ideal candidate will be responsible for assessing, analyzing, and mitigating risks associated with payments systems, ensuring compliance with regulatory requirements, and implementing effective payments risk management strategies. This role requires a strong understanding of payment systems, fraud detection techniques, and regulatory frameworks.
The candidate will be part of the 2nd line of defense Operational Risk Management team responsible for managing payments risk frameworks and policy, and providing oversight, review and credible challenge of payments risk management activities. This role will report to the Chief Operational Risk Officer (CORO).
The individual will partner with key stakeholders across all lines of defense, all business lines and support functions, including IT, Risk, Compliance, Legal, Audit, Human Resources and Finance, to support the identification, assessment, management and reporting of payments risks. The individual will work across Operational Risk Management to ensure close coordination, integration, transparency and awareness of payments risks.
Primary Responsibilities
EXPERIENCE and QUALIFICATIONS
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. Occassional 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: 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.
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.
Base Pay Range
Minimum:
$69,375.00 USD
Maximum:
$117,500.00 USD
Country: United States of America
Position Summary
Santander is looking to hire a Payments Risk Associate to become a key member of our Operational Risk Management team. The ideal candidate will be responsible for assessing, analyzing, and mitigating risks associated with payments systems, ensuring compliance with regulatory requirements, and implementing effective payments risk management strategies. This role requires a strong understanding of payment systems, fraud detection techniques, and regulatory frameworks.
The candidate will be part of the 2nd line of defense Operational Risk Management team responsible for managing payments risk frameworks and policy, and providing oversight, review and credible challenge of payments risk management activities. This role will report to the Chief Operational Risk Officer (CORO).
The individual will partner with key stakeholders across all lines of defense, all business lines and support functions, including IT, Risk, Compliance, Legal, Audit, Human Resources and Finance, to support the identification, assessment, management and reporting of payments risks. The individual will work across Operational Risk Management to ensure close coordination, integration, transparency and awareness of payments risks.
Primary Responsibilities
- Assist in providing 2nd Line risk oversight of the Payments Risk Management Program and provide direct 2nd Line support for policies/standards/procedures, strategies, material risks, risk reporting routines and metrics related to payments.
- Independently serve as a trusted partner and risk advisor to key stakeholders and business partners across all lines of defense.
- Credible review and challenge of 1st Line Risk and Control Self-Assessments (RCSA), including identification and assessment of payments risk, identification of controls for payments, and assessments of control design and effectiveness.
- Provide support for regulatory exams and interactions, including assessing risk remediation activities.
- Assist in performing independent risk assessments of payments risk management related disciplines, including issues, internal and external events, and concentrations.
- Positively contribute to the risk culture and overall awareness of payments risk.
- Escalate, report and communicate payments risk management matters to executive management.
EXPERIENCE and QUALIFICATIONS
- Bachelor's degree.
- 5+ years of related payments experience; ideally any combination of Operational or Payments Risk (1st or 2nd line), Audit (3rd line) and/or Compliance experience.
- Strong understanding of payments systems, including ACH, wire transfers, and emerging payment technologies such as Instant Transfers (RTP, FedNow).
- Knowledge of regulatory requirements governing payment systems, such as OCC Payment Systems Handbook, FRB rules, NACHA rules, PCI DSS, and FFIEC guidance.
- Ability to convey a sense of urgency and drive issues/projects to closure.
- Thought leader, strategic and critical thinker, problem solver.
- Ability to work well both independently and collaboratively as a member of the team.
- Ability to multi-task, work in a fast-paced environment and adapt to change.
- Ability to influence with strong written and verbal communication skills.
- Integrity, combined with high personal and professional standards.
- Strong program and project management skills/capabilities
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. Occassional 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: 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.
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.
Base Pay Range
Minimum:
$69,375.00 USD
Maximum:
$117,500.00 USD