Senior Digital Payments Risk Associate
Company: Santander Holdings USA Inc
Location: New York
Posted on: March 3, 2025
Job Description:
Senior Digital Payments Risk AssociateNew York, United States of
AmericaThe Senior Digital Payments Risk Associate (Sr. Associate,
Operational Risk) will be responsible for identifying, assessing,
and managing operational risks associated with digital payments
operations, ensuring compliance with regulatory requirements, and
contributing to the development of robust risk mitigation
strategies. They will play a pivotal role in maintaining the
stability and security of our payment systems, ensuring operational
resilience, and safeguarding our customers' trust.
- Real-Time Payments (RTP) Implementation & Support: SLOD lead
providing operational risk oversight to support end-to-end
implementation of RTP, ensuring seamless integration with existing
payment infrastructure, compliance with network operator rules, and
alignment with industry best practices.
- Cross-Border Payments Implementation & Support: SLOD lead
providing operational risk oversight to support end-to-end
implementation of instant transfers Cross-border Payments ensuring
seamless integration with existing payment infrastructure,
compliance with network operator rules, and alignment with industry
best practices.
- Ongoing Risk & Operational Oversight: Monitor RTP and other
digital payments (i.e., Wire, ACH, Zelle) ensuring compliance with
Payment Systems Risk Policy, Standards, and OCC/Fed
requirements.
- Payments Risk Oversight: Provide independent risk assessment
and oversight for electronic payments projects, ensuring compliance
with regulatory requirements, Payment Systems Risk Policy,
Standards, and internal related risk policies.
- Conduct risk assessments of payment systems, identifying
potential vulnerabilities and implementing mitigation
strategies.
- Monitor and analyze transaction life cycle data to review and
challenge potential concerns associated with initiation,
authentication, approval, processing, and settlement.
- Stay up-to-date with industry trends, regulatory changes, and
best practices related to payment systems and operational risk
management.
- Prepare and present risk assessment reports to senior
management, highlighting key findings and recommendations.
- Participate in internal and external audits, providing
necessary documentation and support related to payment systems
risk.
- Support the development and maintenance of business continuity
and disaster recovery plans specific to payment systems.
- Support the creation, management and development of Operational
Risk program strategy, policies and standards.Qualifications:
- Bachelor's Degree in Business, Finance or related field or
equivalent work experience.
- 9+ years of experience in operational risk management.
- Must have deep understanding of digital payments, including
RTP, Wire, ACH, and Zelle Payment system.
- Familiarity with payment processing systems, and relevant
regulatory requirements.
- Strong analytical and problem-solving skills with the ability
to identify and address complex risk issues.
- Excellent communication and interpersonal skills, with the
ability to work effectively in a team environment.
- Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint)
and risk reporting software.
- Strong operational risk management principles, methodologies
and tools, governance principles and activity preferably in a
financial services technology environment.
- Ability to independently operate in a complex, matrixed
environment; adept at delivering and maintaining productive working
relationships across business, functions, geographies and lines of
defense.
- Advanced operational risk, process, and control validation
and/or assessment skills.
- Ability to direct, train and guide peers, subordinates and
management.
- Ability to handle conflict resolution with other groups to
ensure appropriate accounting guidance is followed.
- Ability to convey a sense of urgency and drive issues/projects
to closure.
- Ability to effectively interact with the market, executive
management and vendors.
- Ability to adapt and adjust to multiple demands and competing
priorities.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.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.
Primary Location: -New York, NY, New York
Other Locations: -New York-New York,Texas-Dallas,Florida-Coconut
Grove,Massachusetts-Boston
Organization: -Santander Holdings USA, Inc.Salary: $93,750 -
$160,000/year
Keywords: Santander Holdings USA Inc, New York , Senior Digital Payments Risk Associate, Accounting, Auditing , New York, New York
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