ProvidenceRecruiter Since 2001
the smart solution for Providence jobs

Santander: Third-Party Risk Management Associate

Company: Santander
Location: Providence
Posted on: November 21, 2020

Job Description:

Third-Party Risk Management Associate-2003897 DescriptionThe Third-Party Risk Management Associate, represents the First Line of Defense and is responsible for partnering with Internal Controls to ensure strong internal controls capabilities and remediation of the internal control environment for the represented business line and/or functional area. The Associate works to identify, assess and action various risks throughout the assigned business line by executing defined risk programs. Specifically, within I.T. Third Party Management the Associate partners with Vendor Management offices to capture evidence of vendor oversight from service managers. This evidence includes artifacts such as insurance documents, subcontractors and service locations. The associate will also perform Quality Assurance (QA) of key service manager activities such as Service Level Agreement Monitoring and the preparation of Exit Plans. The associate will meet with business partners on a monthly basis to provide feedback and ensure QA is targeted to most relevant components of the vendor risk agenda. Responsibilities: Analyzes documentation for evidence of successful and efficient performance Applies developing knowledge and supports the design, assessment, and/or administration of quality assurance programs, practices and policies Assists in the collection and initial analysis of data, preparation of business owner control surveys Conducts quality audits on all routine and complex transactions and correspondence to ensure proper processing according to established quality standards Develops training on policies and procedures concerning controls and risk management Independently conduct internal control testing including on-site observations, interviews with management and staff, analytical procedures and statistical/judgmental analysis and testing of data Interprets regulations affecting control standards with large degree of independence and suggests methods of updating policies and practices to address any risk concerns Leads operating process and internal control improvement initiatives Manages complex projects that involve working with businesses to improve controls to mitigate any deficiencies Partners with Internal Audit, Compliance, and/or Operations Management to share information and escalate issues as needed Provides thematic analysis of issues for business to identify emerging trends Reports audit results and determines corrective action plans, as necessary Reviews current policies and procedures to identify process gaps and opportunities for improvement Reviews, monitors and tests internal controls and procedures associated with products, services, customers and operations Through walkthroughs and testing, identifies possible internal control breakdowns and gaps and report them to management Works with the business to understand the controls currently in place to minimize risk Qualifications Bachelor's Degree; Accounting, Business, Statistics, Risk Management, Information Systems, Finance, Economics or equivalent field or equivalent work experience 5-9 years; Risk Management, Internal Controls, Auditing, Credit Management, relevant line of business experience and/or legal or regulatory experience Ability to build credibility with, collaborate with, and influence line of business executives Ability to build internal and external networks of information resources within the risk management ecosystem Ability to collaborate with internal and external service providers to establish resource requirements, scheduling, assignments and service levels Ability to constructively work both independently and in collaborative environments involving all levels of management and employees 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 experience supporting and/or leading risk projects across multiple business lines offering a wide variety of financial services products and services Excellent analytical and complex problem-solving skills Knowledge of the financial services sector, particularly with the competitive dynamics and products in retail banking and risk management Strong project management skills Understanding of BSA/AML and OFAC regulations, regulatory expectations and industry leading practices Competencies: Communicates in a timely and straightforward manner Probes for additional information, clarifies assumptions and confirms agreed-upon actions Keeps everyone involved informed about progress and issues Communicates the importance and benefits of risk management to counterparts Displays natural skepticism and curiosity to question the status quo and uncover issues Adheres to a good root cause analysis process Creates a good working environment in the team; works towards shared goals contributing ideas and accepting change Provides assistance and coaches less experienced team members Executes risk management process and procedures without management direction, and demonstrates awareness of expected results Knows the relationship and impact of actions and results Has an understanding of regulations impacting area supported Follows through to meet commitments to others Takes responsibility for achieving strong results, despite balancing multiple complex demands Knows who to reach out to inside and outside of one---s team to get work done Takes action to enhance working relationships needed to achieve seamless workflow Stays current with industry and regulatory trends and emerging risk issues Has good understanding of current market and competitive landscape that the organization operates within Uses information and data effectively to support a position and present a rational case Reporting competency with experience preferred across Microsoft Access and Excel (pivot tables, vlookups, SUMIF formulas) At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams. We actively encourage everyone to apply. Job:Business ControlPrimary Location:Rhode Island-East Providence-95 Amaral Street 06359 Santander WayOther Locations:Massachusetts-Dorchester-2 Morrissey Boulevard 06367 Columbia Park-CorpOrganization:Technology (5900)Schedule:Full-time Job Posting:Nov 17, 2020, 6:47:51 PM

Keywords: Santander, Providence , Santander: Third-Party Risk Management Associate, Executive , Providence, Rhode Island

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category
within


Other Executive Jobs


Director, Risk Management
Description: Director, Risk Management - 2003051 The Payment Systems and Deposit Risk Director is responsible for helping to facilitate the Payment Systems and Deposit Risk function to identify, assess, monitor and (more...)
Company: Santander Holdings USA Inc
Location: Maynard
Posted on: 12/4/2020

National Product Line Manager-Lab Pack and Household Hazardous Waste Services
Description: The Opportunity Clean Harbors -is seeking a -National Product Line Manager-Lab -Pack and Household Hazardous Waste Services -to drive significant long-term business growth.The -National Product Line Manager (more...)
Company: SAFETYKLEEN
Location: Norwell
Posted on: 12/4/2020

Assistant Program Manager
Description: Responsibilities:Oversee the day to day operations of the Education and Training Program. Provide guidance and direction to four program staff and twenty individuals. Oversee ISP development, curriculum (more...)
Company: Bay Cove Human Services
Location: Boston
Posted on: 12/4/2020


Associate Director, Counseling Services
Description: Associate Director, Counseling Services Target Hire Date 12/15/2020 - 27 days to go Join our community and experience Emerson College Reporting to the Associate Dean and Director of Counseling, Health (more...)
Company: Emerson College
Location: Boston
Posted on: 12/4/2020

Regional Safety Manager
Description: JOB TITLE br br Regional Safety Manager br br JOB DESCRIPTION SUMMARY br br The Regional Safety Manager will be able to identify, evaluate, and analyze work environments to create and manage (more...)
Company: C&W Services
Location: Boston
Posted on: 12/4/2020

RN - Case Management
Description: Host Healthcare has a great travel nurse opportunity. A prestigious facility is looking to hire a travel nurse. This is an opportunity to earn top pay while
Company: Host Healthcare, Inc.
Location: Boston
Posted on: 12/4/2020

Case Management Travel Nurse RN - $2124 weekly
Description: Nomad Health, the modern healthcare staffing company, seeks an experienced registered nurse for this rewarding travel assignment opportunity.Join
Company: Nomad Health
Location: Boston
Posted on: 12/4/2020

It Project Manager- Web Applications -Scrum
Description: This position will support and deliver the project management discipline for HMS IT's online learning and web platforms. The Project Manager will guide and plan for project success from project inception (more...)
Company: The Panther Group
Location: Charlestown
Posted on: 12/4/2020

Director, Risk Management
Description: Director, Risk Management - 2003051 The Payment Systems and Deposit Risk Director is responsible for helping to facilitate the Payment Systems and Deposit Risk function to identify, assess, monitor and (more...)
Company: Santander Holdings USA Inc
Location: Dedham
Posted on: 12/4/2020

Sr. Associate, Business Management, Consumer and Business Banking Strategy
Description: Sr. Associate, Business Management, Consumer and Business Banking Strategy - 2003255 As a member of Santander---s retail banking division you---ll help serve Santander---s retail and small business customers (more...)
Company: Santander Holdings USA Inc
Location: Everett
Posted on: 12/4/2020

Log In or Create An Account

Get the latest Rhode Island jobs by following @recnetRI on Twitter!

Providence RSS job feeds