Associate, Business Control & Risk Management
Company: Santander Holdings USA Inc
Posted on: May 7, 2022
East Providence, United States of America
WHAT YOU WILL BE DOING
Consumer & Business Banking's (CBB) Risk Management Testing
function is owned and managed by the First Line of Defense (1st
LOD) Consumer and Business Banking Control Testing team (the
Testing Team). The Testing Team provides an independent assurance
on the risk and control environment towards meeting applicable
laws, regulations, and guidelines for Consumer and Business
Banking. The Testing Team's critical function is to facilitate the
assessment of controls in the Risk and Control Self-Assessment
(RCSA) process and inform Line of Business process owners on the
adequacy and effectiveness of their control environment.
Duties & Responsibilities:
Execute the control assessment phase of CBB's RCSA Program in
compliance with standards and policies established by the Second
Line of Defense (SLOD). The results provide critical information
for management to understand the control environment of their
business and meet requirements for the assessment, mitigation and
reporting of risks and internal controls for the Bank.
Manage the testing for the Lines of Business assigned
Review control description to ensure it meets the RCSA standard and
the CBB procedure requirements.
Review associated business procedures and assess the adequacy of
controls designed to mitigate the risks identified.
For monthly controls assigned, prepares Document Requests required
for assessing the control
Prepare the test workbooks for control being tested
Perform the control walkthrough with the LOB and ensure controls
description changes are processed prior to testing.
Review documentation received from the Line of Business and
determine accuracy and completeness for testing control
Assign the control tests to the Senior Analysts
Manage the Senior Analyst work, provide support, and review test
workbooks before submission to Manager for QC.
Review control test folders are established per established
Update the Control Testing Tracker in SharePoint
As part of controls testing, analyze for process deficiencies for
in scope RCSA process.
Ensure proper utilization of bank policies and line of business
Collect, document, and summarize results for the Business Unit, and
present findings to line or business manager
Support the Testing manager to identify, develop and document
corrective action plans, for noted trends or deficiencies
Partner with ICCOE and the LOB Business Control Officer to enhance
or implement controls to address deficiencies
Represent the department during internal and external audits/exams
Participate in special projects as directed by the Testing Manager
Bachelor's Degree; Accounting, Business, Statistics, Risk
Management, Information Systems, or Finance.
5-10 years; Risk Management, Internal Controls, Auditing, relevant
line of business experience and/or legal or regulatory
Proficiency with Microsoft Office Suite including Excel,
PowerPoint, Word, and Visio
Ability to build positive relationships with team members across
Ability to interact successfully with a variety of business
partners across the organization including Line of Business,
Operations, Legal, Compliance, and Technology to ensure risks are
mitigated and compliance with relevant policies and procedures
Strong organizational skills with the ability to work in dynamic
environment, that demands the ability to manage multiple, and often
Understand complex business processes, risks, and controls in
manual / automated environment
Strong analytical and problem-solving skills
Strong oral and written communication skills and the ability to
summarize and present complex information and issues succinctly for
the required target audience
Diversity & EEO Statements: At Santander, we value and respect
differences in our workforce and strive to increase the diversity
of our teams. 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. Occasional moving and lifting
equipment and furniture is required to support onsite and offsite
meeting setup and teardown. Physically capable of lifting up to
fifty pounds, able to bend, kneel, climb ladders.
Employer Rights: 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 at any
time for any reason.
WHAT WE ARE LOOKING FOR
Primary Location: East Providence, Rhode Island, United States of
Other Locations: Rhode Island-East
Organization: Santander Bank N.A.
Keywords: Santander Holdings USA Inc, Warwick , Associate, Business Control & Risk Management, Accounting, Auditing , Saunderstown, Rhode Island
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