Senior Third Party Risk Management Associate

Santander Bank, N.A.; Boston (MA); On-site; USD 93,000 - 165,000; Full time

Job summary

Santander Bank, a leader in financial services, is seeking a Senior Third Party Risk Management Associate in Boston. In this role, you will develop and implement risk management strategies, ensuring compliance and effective communication across the organization. The ideal candidate will have extensive experience in risk management, financial services, and strong leadership abilities.

Qualifications

• 9+ years in Third Party Risk Management and Financial Services.
• Ability to operate in a complex environment and build relationships.
• Advanced skills in risk processes and controls.

Responsibilities

• Developing and executing the Third Party Risk Management Program.
• Analyzing and monitoring Banking Operational Risk exposures.
• Facilitating risk awareness and training within the organization.

Skills

Operational risk management

Analytical skills

Project management

Communication skills

Education

Bachelor's Degree in Business, Finance, Management or equivalent

Job description

Senior Third Party Risk Management Associate

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Senior Third Party Risk Management Associate

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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 environment where 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.

Country: United States of America

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 environment where 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 Senior Third Party Risk Management Associate is responsible for the strategic development, implementation, and effective execution of the Third Party Risk Management Program in the 2nd line of defense Operational Risk function. The key program elements cover internal loss, external loss, risk assessment, business impact assessments, KRIs, scenario analysis / stress testing, training, awareness, and communication, issues and remediation planning, tracking, MIS and reporting, testing, compliance, and monitoring.

• Analyzes, measures performance, monitors trends, defines limits according for Banking Operational Risk exposures in accordance to Risk Appetite.
• Assist in the ongoing oversight of Banking Operational Risk (OR) Framework in support of the first line of defense.
• Contributes to escalation, reporting, communication to Risk Governance Forums.
• Helps drive culture of risk awareness.
• Participates in the creation and delivery of OR business-tailored training.
• Supports the creation, management and development of Third Party Risk Management program strategy, policies and models within the Banking Business.
  
  

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: Business, Finance, Management, or equivalent field. - Required.

9+ Years Third Party Risk Management - Required.

9+ Years Financial Services industry. - Required.

• Strong operational risk management principles, methodologies and tools, governance principles and activity preferably in a financial services technology environment.
• Knowledge of workflow/processes and risks/controls.
• Ability to independently operate in a complex, matrixed environment; adept at delivering and maintaining productive working relationships across business, functions, geographies and lines of defense.
• Advanced operational risk, process, and control validation and/or assessment skills.
• Ability to direct, train and guide peers, subordinates and management.
• Ability to handle conflict resolution with other groups to ensure appropriate accounting guidance is followed.
• Ability to adjust to new developments/changing circumstances.
• Ability to convey a sense of urgency and drive issues/projects to closure.
• Ability to effectively interact with the market, executive management and vendors.
• Ability to adapt and adjust to multiple demands and competing priorities.
• Excellent written and oral communication skills.
• Excellent analytical, organizational and project management skills.
• Strong project management skills.
  
  

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.

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

Review the internal eligibility guidelines here. 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 [e-mail] to discuss your needs.

Benefits

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

Primary Location: Boston, MA, Boston

Other Locations: Massachusetts-Boston,Texas-Dallas

Organization: Santander Holdings USA, Inc.

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.

Salary: $93,750 - $165,000/year

AN EQUAL OPPORTUNITY EMPLOYER M/F/Vet/Disabled/SO

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Banking

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