Associate, Credit Risk

It Starts Here:

Santander is a global leader and innovator in the financial services industry and is evolving from a high-impact brand into a technology-driven organization. Our people are at the heart of this journey and together, we are driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what’s possible.  This is more than a strategic shift.  It’s a chance for driven professionals to grow, learn, and make a real difference.

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.

• 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.
• Provides guidance and subject matter expertise regarding credit risks and mitigation planning to colleagues across the organization.
• Maintains abreast emerging risk trends and risk management best practices; summarizes and communicates findings with team.
• Implements quality controls and processes; determines resolution steps for quality issue, with escalation and reporting as required.
• Ensures business activities and operations are in compliance with applicable policies, procedures and/or regulatory requirements.
• Generates routine analysis and insights using raw and multiple data sources for reporting.
• Performs ad-hoc projects requiring planning, research, analysis, and recommendations to management via formal presentations and/or written communications.
• Regulates credit risk exposure, mitigation, and controls for new products and implements solutions to existing programs.
• Collaborates cross-functionally with Information Technology to ensure the establishment of recovery testing methodologies; the planning and coordination of the testing of recovery support and business resumption procedures.
• Develops and presents comprehensive risk exposures and recommendations on best practices for remediate and implement to management.

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+ Years Risk Management, Credit Risk, or Internal Audit - Required.
• 5+ Years Financial Services industry experience. - Required.

• SAS, SQL, Python/R
• 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.
• Ability to adjust to new developments/changing circumstances.
• Ability to build and foster internal relationships.
• Ability to maintain accuracy while handling sensitive data files, working with that data and reconciling final results with original numbers.
• Strong project management skills.
• Ability to summarize, document, and communicate information 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.
• Experience in Microsoft Office products.

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:

We Value Your Impact:

Your contribution matters and it’s recognized.  You can expect a fair and competitive rewards package that reflects the impact you create and the value you deliver. We know rewards go beyond numbers.  Offering more than just a paycheck our benefits are designed to support you, your family and your well-being, now and into the future.Santander Benefits - 2026 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.