Santander Bank, NA Risk Manager; AML- Dorchester, MA in Dorchester, Massachusetts
Risk Manager; AML- Dorchester, MA - 1705803
Responsible for managing the various activities relating to risk management performance within a single risk domain within a single business line. The individual will manage a team that works to identify, assess and action various risks throughout the assigned business line by executing a defined risk program. The manager role will oversee the evaluation of processes, review internal control/ quality reports and participate in initiatives and lead opportunities for improved efficiency, effectiveness and/or risk reduction. This role will hold 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 manager will also be source of risk management knowledge who will coach his team and business partners to educate and offer advice/ guidance. This role will also interact will all lines of internal risk management peers including other first line of defense teams, corporate risk functions and internal audit.
1B the business product/ structure.
2B tracked to completion. Successful influence toward quality improvement with business line management is essential, which will also require coaching into their risk team. Participate in risk management proactive exercises either sponsored by 2nd line of defense or within division's risk program. Responsible for all aspects of people management such as selection and hiring, performance management, coaching, recognition and retention.
1A Manage risk program execution aligned to a single business line/ risk domain to meet defined schedules, and provide guidance to analyst team. Role may independently translate risk director's program into an executable version as necessary to fit.
2A Contribute as necessary to ensure team's quality assurance goals are delivered timely and are reviewed to meet quality requirements. The role will ensure a consistent product is delivered and actions are. Act as a risk management knowledge resource who enhances corporate training adherence through coaching exercises within a single business line and recommend enhanced training opportunities. Challenge risk teams to innovate and expand risk metric program to yield best portfolio coverage/ management. This includes demonstrating the value added to the business management and will entail influencing multiple levels of management. Consult (and influence corrections) with management regarding risks, exposures or control profiles and maintain contact with 2nd LOD peers to help define communications of risk culture/ tolerances. Implement design corrections/ improvements as needed. Execute a single risk based governance routine to a single business line and attend similar first line of defense's governances. Lead the development of risk management strategies that drive identification, quantification and mitigation of risk within the business, while providing acute depth of knowledge or influence. Manage a single business line team that collects and documents metrics into reports and challenge/ resolve or escalate identified anomalies. Manage the relationship, within a single business line and risk, between similar other first line of defense risk teams as well as contribute to satisfy Internal Audit demands.
MBA preferred. Demonstrate the ability to perform at proficient level of competence to meet duties.
Previous management experience is preferred but not required
At least 7 years
Risk certification preferred, or willingness to obtain.
Effective decision making skills on complex matters; ability to mentor and lead team members and identify skill gaps.
Sound understanding and experience of implementation dependencies to include execution and risk factors.
Strong communication skills to assist in influencing and directing a team and/or collaborating with various stakeholders.
Previous management experience is preferred but not requiredAt least 7 yearsRisk certification preferred, or willingness to obtain.Effective decision making skills on complex matters; ability to mentor and lead team members and identify skill gaps.Sound understanding and experience of implementation dependencies to include execution and risk factors.Strong communication skills to assist in influencing and directing a team and/or collaborating with various stakeholders.
AML Expected Skills:
·Governance- Policy & Procedures.Training Design & Development
·KRI & Reporting
·AML Risk Assessment
·AML Regulatory Exam Management
·6-10 years of AML related experience in large Bank or related institution
·Minimum of 3 years of AML or financial Crimes experience
Job : Risk Management Strategy
Primary Location : Massachusetts-Dorchester
Schedule : Full-time
Job Posting : Jul 12, 2017, 10:54:15 AM
AN EQUAL OPPORTUNITY EMPLOYER M/F/Vet/Disabled/SO