ESG Risk, RPA and Strategic Risk Analyst – SCF HQ
Country: Spain
SCF HQ Risk Area, the Enterprise & Non-Financial Risk department, is looking for an Analyst for ESG Risk, Risk Profile Assessment and Strategic Risk, based in our Boadilla del Monte (Madrid) office.
WHY YOU SHOULD CONSIDER THIS OPPORTUNITY
At Santander (www.santander.com) we are key players in the transformation of the financial sector. Do you want to join us?
Santander Consumer Finance focuses on business development related to consumer finance products, sales channels and commercial agreements with dealers, vehicle manufacturers or retail distribution establishments, as well as commercial functions associated with direct sales (branches, call centers or digital channels) and indirect sales (through third parties) of consumer finance products.
Santander is proud of being an organization where there are equal opportunities regardless of gender identity, culture and disability. Our mission is to contribute to help more people and business prosper. We embrace a strong risk culture and all our professionals at all levels are expected to take a proactive and responsible approach toward risk management.
WHAT YOU WILL BE DOING
As an Analyst, you will be supporting the function’s ESG Risk management as a second line of defence and will collaborate with the other risk functions, first line functions and with Group areas. You will help in identifying the main risks the entity is or might be exposed to, assess the entity’s risk profile for the different risk types, individually and holistically, and support the Strategic risk function in reporting and challenge processes to financial planning and the budget. This includes performing these processes for the SCF Group and the Western Hub and coordinating these exercises for the local units and joint ventures within the entire SCF geography and occasionally the global Digital Consumer Bank.
We need someone like you to help us on three different fronts:
- ESG Risks:
o Support the ESG Risk Strategy and coordinate ESG Risk related initiatives across different risk factors withing the group and across the different business units, including framework enhancements.
o Monitor and report on the evolution of ESG risks through KRIs and Risk Appetite metrics.
o Periodically review the ESG Risks Materiality Assessment.
o Perform a 2LoD oversight of all Green Finance initiatives.
o Collaborate in regulatory disclosure requirements such as Pillar III ESG, Short Term Exercise, Net Zero Banking Alliance, etc., by challenging the assumptions and results.
- Risk Identification and Assessment:
o Top & Emerging Risks: a process for the early identification of potential threats to the profitability, solvency or strategic objectives of the entity. Heavily influenced by macroeconomic and geopolitical research team in the Group
o Risk Map: a process to evaluate the materiality of the different risk types for the entity considering potential for loss and its impact.
o Risk Profile Assessment: a process to provide a holistic, systematic, objective and comparable representation at a given point-in-time of the entity’s risk profile, using a corporate methodology. This is performed for all 20-or-so within SCF.
- Strategic Risk:
o Maintain the strategic risk model and ensure its embedding in the Bank’s business units, monitor strategic risk in the developments in the Bank and its business units and conduct risk challenges to the financial plan and budget.
o The candidate will be supporting the responsible Sr. Analyst for these processes both at SCF Group and Western Hub levels, as well as for the coordination, support and oversight to the local units and joint ventures within the SCF footprint.
EXPERIENCE
- Minimum two years in risk-related areas is preferable but no a necessity. Other experiences will be considered.
EDUCATION
- Bachelor’s degree in economics, business administration, law or technical degrees.
SKILLS & KNOWLEDGE
- Languages: excellent command of English to be able to nuance requests (necessary). Valuable: Spanish, French, German.
- Knowledge of the risk management, financial and non-financial, in banking but experience from other industries is welcomed. Must have prior knowledge or an eagerness to learn about EGS Risks.
- Soft skills: teamwork, communication, forward-looking mindset, comprehensive view, problem-solving, leadership.
- Office tools (Excel, Power Point, etc.).
OTHER INFORMATION
- Travel occasionally.
Top Skills
What We Do
Banco Santander (SAN SM, STD US, BNC LN) is a leading commercial bank, founded in 1857 and headquartered in Spain and one of the largest banks in the world by market capitalization. The group’s activities are consolidated into five global businesses: Retail & Commercial Banking, Digital Consumer Bank, Corporate & Investment Banking (CIB), Wealth Management & Insurance and Payments (PagoNxt and Cards). This operating model allows the bank to better leverage its unique combination of global scale and local leadership. Santander aims to be the best open financial services platform providing services to individuals, SMEs, corporates, financial institutions and governments. The bank’s purpose is to help people and businesses prosper in a simple, personal and fair way. Santander is building a more responsible bank and has made a number of commitments to support this objective, including raising €220 billion in green financing between 2019 and 2030. In the first quarter of 2024, Banco Santander had €1.3 trillion in total funds, 166 million customers, 8,400 branches and 211,000 employees.
