Santander Bank, N.A.
Overview
Credit Risk Management Director - Senior Vice President is responsible for risk analysis and independent oversight of credit quality of assigned portfolios. The incumbent is responsible for all aspects of credit quality including compliance with requirements of regulators and internal control and will recommend opportunities and proposed resolutions for improved efficiency, effectiveness, and/or risk reduction for the department. Responsibilities
Partner with Business Lines to recommend and vet new product initiatives, origination strategies, pre-approval and pre-qualification campaigns, underwriting techniques, peer group comparisons, and process optimization. Assess asset quality, status and appropriateness of existing risk controls/compliance with underwriting policies/risk tolerance. Ensure underwriting credit analysis is sound and justifies/mitigates identified credit risk. Provide a comprehensive range of risk management expertise requiring creation, implementation and validation of various risk segmentation strategies using complex data. Demonstrate subject matter expertise and serve as an authority and credible challenge to management regarding credit performance, potential or emerging risks, and business conformity with risk appetite, credit culture, and policies. Deliver industry best practices, tools, guidance, and training to increase analytical capabilities and throughput. Develop, implement and manage the Credit Risk projects assigned. Develop and execute strategies and credit policies for lending and/or trading portfolios to mitigate credit risks without impacting portfolio growth or asset quality objectives and to correct risk budget deviations. Review credit decisions by analyzing samples of loans and/or traded products to provide feedback to the Credit Cycle and ensure compliance with Regulations. Establish and oversee tactical plans to achieve desired asset quality for lending and/or trading portfolios including the design of annual credit management programs to monitor compliance and deviations. Approve credit proposals and monitoring. 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 in Accounting, Business, Statistics, Risk Management, Information Systems, Finance, Economics or equivalent field. – Required. Master’s degree in Accounting, Business, Statistics, Risk Management, Information Systems, Finance, Economics or equivalent field. – Preferred. 12+ years in Risk Management, Credit Risk, or Internal Audit. – Preferred. 12+ years in Financial Services industry. – Required. 5+ years Underwriting/Portfolio Management experience. – Preferred. Advanced knowledge of regulatory matters and compliance. Advanced risk, process, and control validation and/or assessment skills. Advanced credit and risk, process, and control validation and/or assessment skills. Ability to operate in a complex, matrixed environment and collaborate across business, functions, geographies and lines of defense. Track record interacting with regulators, external and internal audit. Expertise in Consumer and Banking businesses and applicable rules, regulations and processes. Strong risk management principles, methodologies and tools, governance principles. Ability to direct, train and guide peers, subordinates and management. Ability to generate well-supported conclusions based on trend analysis, due diligence, and understanding of the Bank’s risk appetite. Ability to interact and communicate effectively with senior management across the enterprise. Ability to convey urgency and drive issues/projects to closure. Excellent written and oral communication skills. Excellent analytical, organizational and project management skills. Superior 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. 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. Base Pay Range Minimum $135,000.00 USD Maximum $240,000.00 USD 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 TAOps@santander.us to discuss your needs. Primary Location:
Trenton, NJ, REMOTE - New Jersey Other Locations:
New Jersey-Florham Park, Texas-Dallas, New York-New York, Massachusetts-Boston Organization:
Santander Holdings USA, Inc. AN EQUAL OPPORTUNITY EMPLOYER M/F/Vet/Disabled/SO
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Credit Risk Management Director - Senior Vice President is responsible for risk analysis and independent oversight of credit quality of assigned portfolios. The incumbent is responsible for all aspects of credit quality including compliance with requirements of regulators and internal control and will recommend opportunities and proposed resolutions for improved efficiency, effectiveness, and/or risk reduction for the department. Responsibilities
Partner with Business Lines to recommend and vet new product initiatives, origination strategies, pre-approval and pre-qualification campaigns, underwriting techniques, peer group comparisons, and process optimization. Assess asset quality, status and appropriateness of existing risk controls/compliance with underwriting policies/risk tolerance. Ensure underwriting credit analysis is sound and justifies/mitigates identified credit risk. Provide a comprehensive range of risk management expertise requiring creation, implementation and validation of various risk segmentation strategies using complex data. Demonstrate subject matter expertise and serve as an authority and credible challenge to management regarding credit performance, potential or emerging risks, and business conformity with risk appetite, credit culture, and policies. Deliver industry best practices, tools, guidance, and training to increase analytical capabilities and throughput. Develop, implement and manage the Credit Risk projects assigned. Develop and execute strategies and credit policies for lending and/or trading portfolios to mitigate credit risks without impacting portfolio growth or asset quality objectives and to correct risk budget deviations. Review credit decisions by analyzing samples of loans and/or traded products to provide feedback to the Credit Cycle and ensure compliance with Regulations. Establish and oversee tactical plans to achieve desired asset quality for lending and/or trading portfolios including the design of annual credit management programs to monitor compliance and deviations. Approve credit proposals and monitoring. 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 in Accounting, Business, Statistics, Risk Management, Information Systems, Finance, Economics or equivalent field. – Required. Master’s degree in Accounting, Business, Statistics, Risk Management, Information Systems, Finance, Economics or equivalent field. – Preferred. 12+ years in Risk Management, Credit Risk, or Internal Audit. – Preferred. 12+ years in Financial Services industry. – Required. 5+ years Underwriting/Portfolio Management experience. – Preferred. Advanced knowledge of regulatory matters and compliance. Advanced risk, process, and control validation and/or assessment skills. Advanced credit and risk, process, and control validation and/or assessment skills. Ability to operate in a complex, matrixed environment and collaborate across business, functions, geographies and lines of defense. Track record interacting with regulators, external and internal audit. Expertise in Consumer and Banking businesses and applicable rules, regulations and processes. Strong risk management principles, methodologies and tools, governance principles. Ability to direct, train and guide peers, subordinates and management. Ability to generate well-supported conclusions based on trend analysis, due diligence, and understanding of the Bank’s risk appetite. Ability to interact and communicate effectively with senior management across the enterprise. Ability to convey urgency and drive issues/projects to closure. Excellent written and oral communication skills. Excellent analytical, organizational and project management skills. Superior 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. 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. Base Pay Range Minimum $135,000.00 USD Maximum $240,000.00 USD 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 TAOps@santander.us to discuss your needs. Primary Location:
Trenton, NJ, REMOTE - New Jersey Other Locations:
New Jersey-Florham Park, Texas-Dallas, New York-New York, Massachusetts-Boston Organization:
Santander Holdings USA, Inc. AN EQUAL OPPORTUNITY EMPLOYER M/F/Vet/Disabled/SO
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