Credit Risk Management Director

About Santander

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!

Role Overview

The Director, Credit Risk Management - 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.

The Ideal Candidate Will Have

• Director level credit risk professional with diversified banking experience
• Advanced credit analysis and risk management skills
• In-depth knowledge of underwriting and portfolio management practices, policies, and procedures
• Experience in corporate, commercial and specialty lending, including middle market, mid-corporate and specialty portfolios, including ABL, Equipment Finance and Dealer Commercial Services, across diverse industries
• Strong negotiating skills
• Multitasking and organizational aptitudes
• Proven ability to influence business partners

The Difference You Make

• Partners with Business Lines to recommend and vet new products initiatives, origination strategies, pre-approval and pre-qualification campaigns, underwriting techniques, peer group comparisons, and process optimization.
• Assesses asset quality, status and appropriateness or existing risk controls/compliance with established underwriting policies/risk tolerance.
• Ensures underwriting credit analysis is sound and justifies/mitigates the identified credit risk.
• Provides a comprehensive range of risk management expertise requiring the creation, implementation and validation of various risk segmentation strategies using complex data.
• Demonstrates subject matter expertise and serves 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.
• Delivers industry best practices, tools, guidance, and training to increase analytical capabilities and throughput.
• Develops, implements and manages the Credit Risk projects assigned.
• Develops and executes 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.
• Reviews credit decisions analyzing sampling of loans and/or traded products to give feedback to the Credit Cycle and be in compliance with Regulations.
• Establishes and oversees tactical plans to achieve desired asset quality for lending and/or trading portfolios including the design of annual credit management programs to monitor their compliance and deviations.
• Approves credit proposal 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 duties.