Associate, ESG Credit Risk

Company: Santander Holdings USA Inc
Location: New York
Posted on: February 17, 2025

Job Description:

Associate, ESG Credit RiskNew York, United States of AmericaUSA Job Function Description: Ensures adherence to the policies and procedures established by the company. Manages policy, standard definition and monitoring of policy, standard implementation, ensuring harmonization and consistency of risk policies. Monitors and manages risk/exposure and compliance with the company's policies. Identifies, manages and reports on the company's risk areas. Evaluates the adequacy and effectiveness of data, document retention, and monitors systems.Essential Functions/Responsibility Statements:

• Assessment of clients operating in sectors covered by the Environmental, Social and Climate Change (ESCC) risk policy and other sensitive sectors, in coordination with bankers, Credit Risk, and the Global ESCC Risk team.
• Assessment of eligible sustainable finance transactions from an ESCC risk perspective
• Perform ESCC due diligence on SCIB clients and transactions
• Participation in credit risk approval meetings/forum and ESG panels
• Partnering with 1LoD units to elaborate ESCC qualitative assessment
• Develop and maintain local processes and procedures to assess, manage and oversee ESCC Risks.
• Report ESCC risk metrics to local committees and to the Global ESCC Risk team.
• Support the Global ESCC Risk team on the Due Diligence process for transactions under the scope of Equator Principles IV.
• Oversee and challenge the 1LoD on ESCC matters.
• Support training efforts on ESG matters
• Participation in internal projects to develop the function.Qualifications: 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.Education:
  • Bachelor/MSc in Environmental Science; Geology; Biology; Agricultural, Chemical or Industrial Engineering. Business Administration or other ESG-linked educational backgrounds will be also considered.Work Experience:
    • At least 3 years of experience in an environmental and social risk or ESG-related position, or in a credit risk or compliance position with experience on dealing with sensitive sectors and transactions.Skills and Abilities:
      • Professional understanding of environmental, social and climate change factors and their associated risks
      • Analytical skills
      • Communication skills
      • Proactivity
      • Bilingual English and Spanish a plus but not required.
      • International working/academic experiences will be also positively valued.EEO Statements: 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. 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.
        
        Primary Location: -New York, NY, Madison Ave Corp
        Other Locations: -New York-New York
        Organization: -Banco Santander S.A.Salary: $76,875 - $130,000/year

Keywords: Santander Holdings USA Inc, New York , Associate, ESG Credit Risk, Other , New York, New York