This job has expired, please see additional jobs below
Risk Director
Banco Santander
Boston, MA, United States
Job Details - this job has expired, please see similar jobs below
Description
POSITION SUMMARY
Responsible for managing multiple very complex/ comprehensive activities relating to risk management performance associated to all risk domains in various business lines. The individual will lead a team that works to identify, assess and action various risks throughout the assigned business lines by executing defined multiple risk programs. The manager role will oversee the evaluation of processes, review control/ quality assurance program reports and consult/ influence initiatives and spearhead strategic opportunities for improved efficiency, effectiveness and/or risk reduction. The individual will also identify opportunities for program innovation that should be socialized with risk partners and presented to executive management for approval. This role will lead governance routines to report and escalate as necessary to executive management or corporate risk partners while driving to institutionalize a cultural awareness of risk management practices. The role will also require participation/ representation at various peer risk governances, including corporate level governances or regulatory meetings. The manager will also be an authoritative source of risk management knowledge who will coach his team and business partners to educate and counsel. This role will also interact with all lines of internal risk management peers including other first line of defense teams, corporate risk functions (SBNA and Global), internal audit, and external regulators.
POSITION DUTIES
• Regulatory examiners; This includes demonstrating the value added to the business management/ risk director and will entail influencing multiple levels of management.
• Management program with the ability to seek innovative or strategic adjustments to be standardized throughout the risk division by way of highly visible interactions within all 3 lines of defense.
• Practices in training and persuade executive management to peruse gap coverage/ enhancements through external sources - or deliver/ create ad hoc training curriculum directly.
• Oversee quality measures of strategic design and approve resolution steps for quality issues, with escalation and governance reporting if needed. Role is expected to manage a highly effective and efficient delivery of a quality assurance/ risk,
• Connect with corporate training to decision or persuade the selection of appropriate risk training to achieve strategic objective or remediate identified gaps.
• Role will also seek industry best, Consult with executive management regarding various risk exposures or control profiles within multiple business lines and maintain contact with 2nd LOD peers to help define communications of risk culture/ tolerances.
• Counsel the complete risk management relationship, within multiple business line, between other first line of defense risk teams as well as influencing teams to satisfy Internal Audit demands and/or external regulators.
• Oversee holistic risk based governances over multiple business lines and consult in first line, as well as participate in second line of defense governance frameworks.
• Responsible for all aspects of people management such as selection and hiring, performance management, coaching, recognition and retention.
• Develop high potential talent and establish succession plans for area.
• Role is expected to champion strategic plans into executables and/or develop strategic initiatives/ innovations for executive management consideration.
• The role will influence best pract, to the point of ldng the org toward an industry wide benchmark sponsor and lead proactive risk management exercises or programs within the division and influence divisions stance into 2nd line of defense programs or strategic direction
• Seek strategic opportunities to innovate and expand risk metric program to yield best portfolio coverage/ management or pursue KRI amendments through 2nd LOD or holding company peers or consult or influence various stakeholders to drive risk programs forward/ over hurdles by spearheading innovation where appropriate, within a governance framework authority model.
• Oversee complex process evaluations across vast lines of business and would coach others to reach goals.
• Role may independently translate risk director's program into an executable version.
• Oversee performance of broad, most complex key risk metrics across multiple business lines for executive level reporting/ escalation with tactical and strategic mitigations of negative trends.
• This leader should seek external (division or industry) best practices to create strategic roadmaps for risk division as necessary to fit the business product/ structure.
• Role is also expected to innovate the design of program elements into best execution models and collaborate with peers to standardize implementation.
QUALIFICATIONS
MBA preferred. At least 5 years experience in management. Demonstrate the ability to perform at proficient level of competence to meet duties.
EXPERIENCE
At least 10 years
LICENSE/CERTIFICATION
Risk certification preferred, or willingness to obtain.
SPECIALIZED KNOWLEDGE
Ability to motivate peers, subordinates and effectively partners with colleagues internally and within the industry. Effective decision making skills on complex matters; strong leadership and communication skills to effectively lead, influence and direct others. Experience in identifying high potential/high performing team members. Seasoned decision making authority as it relates to short and long term corporate goals and objectives.