Sr. Director, Credit Risk Small Business Banking
Company: Santander Holdings USA Inc
Location: Boston
Posted on: February 25, 2021
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Job Description:
Sr. Director, Credit Risk Small Business Banking - 2004459 The
Sr. Director, Credit Risk, Small Business Banking owns the
execution of the SBB and SBA risk management, including creating
and disseminating credit risk policies, procedures, and standards
and developing and directing the implementation of a credit risk
management strategy which optimizes profitability whilst minimizing
risk exposure and maintaining compliance. S/he represents the third
line of defense and drives the culture of credit risk awareness
across the organization. Builds operating policies and processes,
evaluation of policies processes, and reviews control/quality
assurance programs for the Credit Risk Management department
Communicates to senior leadership emerging risks that present new
regulatory fraud, or money laundering risks Develops and directs
the implementation of a credit risk management strategy, optimizing
profitability whilst minimizing credit risk exposure Develops and
implements credit risk policies, procedures, and standards Develops
and prepares related risk reporting in support of business risk
priority and review meeting cadence Develops new approaches to
manage and/or mitigate credit risk Develops organization wide key
credit risk and early warning indicators Drives culture of credit
risk awareness and develops operational credit risk training
materials Drives initiatives around market research,
points-of-view, capability, development and thought capital
knowledge management Identifies key credit risks exposures and
assesses mitigating controls to determine the risk profile for the
organization., Identifies material individual, aggregate and
emerging risks; communicates findings to senior leadership
Influences challenging material credit risk decisions Liaisons with
Credit Risk managers to facilitate and challenge that the first
line of defense is appropriately managed, controlled and accurately
reporting its operational risk profile/exposure Monitors the
risk-taking activities and risk exposures to ensure they are in
line with board-approved risk appetite, risk limits, and
corresponding capital or liquidity needs Oversees and manages the
Credit Risk department ensuring quality measures of strategic
design and risk mitigation. At Santander, we value and respect
differences in our workforce and strive to increase the diversity
of our teams. We encourage everyone to apply. Qualifications
Bachelor''s Degree; Accounting, Business, Statistics, Information
Systems, Finance, Economics or equivalent field required Master''s
Degree; Accounting, Business, Statistics, Information Systems,
Finance, Economics or equivalent field or equivalent work
experience preferred 12-15 years; Credit Risk Management experience
within Financial Industry with Small Business, SBA, or Commercial
portfolios, including experience dealing with U.S. regulatory
agencies,9-12 years; Management/Leadership experience Ability to
influence beyond immediate teams in order to fully implement the
credit risk management program Ability to multi-task, prioritize
activities, manage conflicts of interest, delegate and meet
deadlines while working in a fast-paced environment Ability to
negotiate and compromise Advanced credit and risk, process, and
control validation and/or assessment skills Advanced knowledge of
current federal and state laws and regulations, especially those of
regulatory entities that perform oversight of the banking industry
Capability to sponsor, direct and deliver improvements and
corrective action programs Demonstrated skill at building, leading
and managing high-performance Credit Risk teams Demonstrated track
record of success in structuring, monitoring, and risk rating of
matrix organizational structure Excellent oral and written
communication skills to influence peers and BUs and interact
effectively with senior management and regulators Expert level
understanding and practice in Credit Risk Policies, procedures,
regulations and applicable law Proficient at managing disparate
stakeholders with differing interests, including strong negotiation
skills Sound understanding of the tools and methodologies used to
measure and quantify risk, including but not limited to, the use of
credit models to forecast losses and measure counterparty credit
risk Strong experience with Credit Risk underwriting practices,
credit risk assessment (including Financial Institutions risk) and
US Bank regulations. Minimal physical effort such as sitting,
standing, and walking Brings out the best in each team member by
consistently motivating and acknowledging peer contributions
Understands and leverages team dynamics Effectively conveys
difficult or complex information in an easy to understand manner,
by providing the big picture and illustrating important linkages
Asks open-ended questions that encourage others to give their
points of view Ensures people receive the information they require,
and brings the team together to share information Ensures that all
directs, and colleagues have appropriate knowledge of risk and the
regulatory environment Investigates and identifies the root cause
and corrects items deemed non-compliant, regardless of pressures
from business or management Fully accountable for timeliness,
completeness, quality of projects, processes, products and services
Remains calm and focused on goals while facing pressures, obstacles
or short-term setbacks Improves relationships between key
individuals to achieve seamless cross-team workflow and positively
impact results Uses informal networks to gain support for ideas and
projects Keeps up to date with external market events, pressures
and regulations which may impact the organization and assesses
whether similar issues exist in the organization Can identify
functional and organizational implications associated with major
trends Designs solutions to address industry activities that impact
the organization Monitors adherence to policies, regulations,
processes and procedures within function and actively undertakes
corrective action where necessary Understands end to end processes
across the organization and how processes are integrated Has a
practical knowledge of regulations impacting area supported Job :
Risk Management Primary Location : Massachusetts-Boston-75 State
Street - 06366 - State Street-Corp Organization : CRO (8855)
Schedule : Full-time Job Posting : Dec 31, 2020, 1:09:06 PMby
Jobble
Keywords: Santander Holdings USA Inc, Boston , Sr. Director, Credit Risk Small Business Banking, Accounting, Auditing , Boston, Massachusetts
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