At a Glance
- Tasks: Support risk management and compliance in a dynamic investment banking environment.
- Company: Join Santander, a leading global bank with a focus on innovation.
- Benefits: Competitive salary, generous holiday, health benefits, and pension contributions.
- Other info: Inclusive workplace with opportunities for growth and community involvement.
- Why this job: Make a real impact in risk management while developing your career in finance.
- Qualifications: Experience in investment banking and strong analytical skills required.
The predicted salary is between 50000 - 70000 £ per year.
Join our community. Santander Corporate & Investment Banking (SCIB) is Santander's global division that supports some of the world's most complex and sophisticated corporate and institutional clients, offering customised services and value-added wholesale products to best meet their needs.
The scope of Business Controls Unit (BCU) covers non-financial risk management and regulatory compliance within an Investment Banking business supporting all lines of business, working effectively across the three lines of defence. BCU is a first line of defence team and covers a number of risk disciplines in support of the business and clients including Operational Risk, Trading & Banking Controls, Conduct and Regulatory change and controls.
In this critical role, you’ll work hand-in-hand with Front Office teams to support risk ownership and control assurance for trading and banking activities whilst ensuring compliance with the firm’s operational risk framework and regulatory requirements.
Responsibilities
- Supporting the continuous improvement of Markets, GTB and Banking control frameworks
- Supporting the development and continuous improvement of Business supervision processes, procedures, MI and technology across Markets, GTB and Banking
- Supporting product, risk and control owners through Risk & Control Self-Assessments (RCSA) and updating control libraries
- Executing independent control testing and/or risk and control deep dives and escalating breaches promptly
- Monitoring trading desk activities for market, operational, and conduct risks
- Supporting the continuous automation and digitalisation of processes and reporting
- Assisting with the on-going development and management of BCU led governance bodies and coordinating periodic reporting (dashboards, KPIs, incidents)
- Daily monitoring of risk metrics, escalation of breaches
- Producing monthly and quarterly reports for UK and Global risk forums
What you’ll bring
Our people are our greatest strength. Every individual contributes unique perspectives that make us stronger as a team and as an organisation. We’re enabling teams to go beyond by valuing who they are and empowering what they bring. The following requirements represent the knowledge, skills, and abilities essential for success in this role.
- Previous experience working within and for an investment banking business, ideally in a business or product aligned role
- Well-developed analytical and problem-solving skills, with the ability to interpret complex data and develop actionable insights
- Evidenced management of simplification and/or AI projects/developments
- Excellent written and verbal communication skills, with the ability to convey complex risk information to non-experts
- High level of attention to detail and accuracy in conducting risk analyses and preparing reports
- Proficiency in Microsoft Office Suite, Power BI
- Flexibility to adapt to changing regulatory environments, business strategy and models and emerging risks
Nice to have
- Previous experience in COO, Operational Risk or similar roles
- Bachelor's degree, or equivalent in Finance, Business Administration, Risk Management, or related field
What else you need to know
This role is based at our offices in Triton Square, London located within easy walking distance from Warren Street and Euston. We want our people to thrive at work and home, and also be able to deliver the best outcomes for our customers and to help each other develop.
Equal Opportunities
Santander is proud of being an organization where there are equal opportunities regardless of age, gender, disability, civil status, race, religion or sexual orientation. We are committed to providing an inclusive and accessible application process for all candidates.
How We’ll Reward You
Your contribution matters, and it’s recognised. You can expect a fair, competitive reward package that reflects the impact you create and the value you deliver. As well as a salary, we offer a wide range of benefits that you can choose from and tailor to your needs.
- Eligible for a discretionary performance-related annual bonus.
- 8% of salary into your pension, with higher employer contributions if you contribute.
- 27 days’ holiday plus bank holidays, increasing to 28 days after 5 years’ service, with the option to purchase up to 5 contractual days per year.
- Free access to digital health services, including GP.
- Company-funded death-in-service benefit and income protection insurance, with options for additional life assurance and critical illness cover.
- 24/7 online employee discount platform access.
- Company funded individual private medical insurance.
- Voluntary healthcare benefits at discounted rates, such as dental insurance and health assessments.
- Share in Santander’s success through share plans.
- Support for charitable giving and community partnerships.
Benefit Details
Learn more about our benefits and family-friendly policies.
What to do next
If this sounds like a role you’re interested in, then please apply.
Business Controls Associate - COO | SCIB employer: Santander UK
Santander Corporate & Investment Banking (SCIB) is an exceptional employer that values diversity and empowers its employees to thrive both professionally and personally. Located in the vibrant Triton Square, London, SCIB offers a competitive rewards package, including generous holiday allowances, comprehensive health benefits, and opportunities for career growth within a supportive and inclusive work culture. Join us to be part of a team that not only drives innovation in investment banking but also prioritises your well-being and development.
StudySmarter Expert Advice🤫
We think this is how you could land Business Controls Associate - COO | SCIB
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Santander SCIB on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by understanding the role inside out. Dive into the specifics of non-financial risk management and regulatory compliance. Show us you know what it takes to support trading and banking activities!
✨Tip Number 3
Practice your communication skills! You’ll need to convey complex risk information clearly. Try explaining some tricky concepts to a friend or family member to get comfortable with simplifying your language.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take that extra step to engage with us directly.
We think you need these skills to ace Business Controls Associate - COO | SCIB
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Business Controls Associate role. Highlight any relevant experience in investment banking and risk management to catch our eye!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a perfect fit for our team at SCIB.
Showcase Your Analytical Skills:Since this role requires strong analytical abilities, be sure to include examples of how you've tackled complex data or risk assessments in your previous roles. We love seeing those problem-solving skills in action!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our community!
How to prepare for a job interview at Santander UK
✨Know Your Risk Management Basics
Make sure you brush up on your knowledge of non-financial risk management and regulatory compliance. Be ready to discuss how these concepts apply to the role of a Business Controls Associate, especially in an investment banking context.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical and problem-solving abilities. Think of examples where you've interpreted complex data and turned it into actionable insights, particularly in relation to risk assessments or control frameworks.
✨Communicate Clearly
Since you'll need to convey complex risk information to non-experts, practice explaining technical concepts in simple terms. This will show your communication skills and your ability to work with diverse teams.
✨Be Ready for Change
The role requires flexibility to adapt to changing regulatory environments. Prepare to discuss how you've successfully navigated changes in previous roles, and be ready to share your thoughts on emerging risks in the industry.
