Associate, Credit Risk - Santander Holdings USA : Job Details

Your Journey Starts Here:

Santander is a global leader and innovator in the financial services industry. We believe that our employees are our greatest asset. Our focus is on fostering an enriching journey that empowers you to explore diverse career opportunities while nurturing your personal growth. We are committed to creating an environmentwhere continuous learning and development are prioritized, enabling you to thrive both professionally and personally. Here, you will find ample opportunities to connect and collaborate with talented colleagues from around the world, sharing insights and driving innovation together. Join us at Santander, where you are supported by a culture of engagement and a commitment to your success.

An exciting journey awaits, if you are interested in exploring the possibilities We Want to Talk to You!

The Difference You Make:

The Associate, Credit Risk is responsible for risk concentration monitoring, analysis, and reporting. The incumbent will analyze and summarize current and prospective trend financial characteristics, regulate risk exposure and controls by identifying areas of concern, opportunities, and reports on potential and/or known issues while recommending process improvements.The incumbent is responsible for reviewing, analyzing, and/or evaluating the Company's credit risk management program that renders risk-based processing and reporting to reduce operating losses and maintain maximum protection of the organization's assets, products, and services. The Sr. Analyst will recommend opportunities and propose resolutions for improved efficiency, effectiveness, and/or risk reduction for the department.

• Evaluates counter party credit equivalent exposure in non-standard trade positions using modeling techniques.

• Identifies potential credit risks and assesses impact, probability of occurrence and timeframe.

• Analyzes counter party portfolio and cross-border risk data, events and trends.

• Investigates various credit risk inquiries, proposals, plans, and makes recommendations as directed by management or at own initiative.

What You Bring:To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.Bachelor's Degree or equivalent work experience: Accounting, Business, Statistics, Information Systems, Finance, Economics or equivalent field. - Required.Master's Degree Accounting, Business, Statistics, Information Systems, Finance, Economics or equivalent field. - Preferred.5-9 years experience required; Risk Management, Credit Risk, or Internal Audit• Detailed knowledge of a commercial banks credit and counterparty customer populations, understanding their characteristics according to portfolio (aggregate) credit quality measures and individual customer financial characteristics.• Demonstrated credit analysis skills for understanding/tracking and market risk & modeling skills for evaluating related risk exposures.

• Ability to work with large databases and datasets for extraction and conversion into useful final results with original numbers.• Ability to maintain accuracy while handling sensitive data files, working with that data and reconciling final results with original numbers.

• Strong MS Office (Excel, PowerPoint, Word, Visio, and Outlook) skills.

• Strong verbal and written communication skills.• Ability to build and foster internal relationships.• Strong organizational and time management skills.• Ability to analyze risk and provide recommendations and/or resolutions to minimize risk.• Ability to summarize, document, and communicate information in a clear and concise manner.• Ability to work independently as well as collaboratively within a team environment.• Ability to stay abreast of industry best practices, procedures, and techniques.• Ability to change direction as project demand dictates.• Ability to effectively and clearly communicate instructions to others, summarize and articulate issues, and document findings in a clear and concise manner.Certifications:No Certifications listed for this job.It Would Be Nice For You To Have:Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.

What Else You Need To Know:

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.

Minimum:

Maximum:

Link to Santander Benefits:

Santander Benefits - 2025 Santander OnGoing/NH eGuide (foleon.com)

Risk Culture:

We embrace a strong risk culture and all of our professionals at all levels are expected to take a proactive and responsible approach toward risk management.

EEO Statement:

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 is required for this role. Depending on location, occasional moving and lifting light equipment and/or furniture may be required.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 your employment at any time for any reason.

What To Do Next:

If this sounds like a role you are interested in, then please apply.

We are committed to providing an inclusive and accessible application process for all candidates. If you require any assistance or accommodation due to a disability or any other reason, please contact us at [email protected] to discuss your needs.

Primary Location: New York, NY, Madison Ave Corp

Other Locations: New York-New York

Organization: Banco Santander S.A.