Risk Product Manager III

Company: Santander Bank N.A. ( Learn More )

General Information
US-RI-East Providence
4 Year Degree
At least 7 year(s)
Not Specified
Job Description Risk is present in all of Santander’s activities and effective Risk Management is a critical component of the Bank’s success.  Through application of the Bank’s Risk Framework and the continuous identification and assessment of risk, Santander seeks to ensure that all of our businesses operate inside of clearly established limits, are able to proactively quantify exposures, and take corrective action when required.  As a member of the Risk Management division, you’ll be part of a diverse team of talented professionals who interact with senior risk team personnel, business managers and other Bank disciplines in order to understand business operations and dynamics, and analyze, monitor, and manage related risks. Responsibilities:The Risk Product Manager is responsible for risk policy, procedures and strategies on various retail initiatives. The Risk Product Manager will serve as a senior analyst and subject matter expert for analyzing risk and managing risk related projects. Responsibilities include working as liaison between lines of business to analyze performance qualitatively and/or quantitatively, detecting problems and/or deviations, and recommend actions to mitigate losses and improve 

  • Analyze and define key segmentations for risk policy and analytical focus
  • Oversees and supports work of business analysts or staff as requested
  • Performs or coordinates special projects as requested
  • In coordination with other risk areas, and the second line of defense, define product quality assurance programs, provide project oversight, and manage budgets
  • Responsible for risk forecasts, project milestones, and execution and adherence to Santander Corporate Risk Framework
  • Designs, participates and monitors projects related to regulatory/risk specific improvements
  • Serves as liaison between LOB and Second Line of defense for recommendations for changes to products and polices

  • Requirements

  • Bachelors Degree in Business Administration, Finance, or equivalent work experience; 7+ years of experience in portfolio risk analysis /aggregated data analysis 
  • Experience with SQL, SAS/Angoss, MS Excel, Powerpoint & Access
  • Excellent negotiation skills with ability to defend position in collaborative manner
  • Excellent verbal and written communication skills
  • Proactive identification of issues or concerns related to potential gaps in existing processes, procedures, policies, frameworks, etc
  • Proven experience in analyzing credit risk data and summarizing and presenting findings
  • Sound understanding of credit risk policies, underwriting, and portfolio risk management
  • Job Requirements