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 and teamwork.
- Benefits: Competitive salary, generous holiday, health benefits, and a supportive work culture.
- Other info: Located in central London with excellent career growth opportunities.
- Why this job: Make a real impact in risk management while developing your skills in a fast-paced industry.
- Qualifications: Experience in investment banking and strong analytical skills are essential.
The predicted salary is between 55000 - 65000 £ 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.
What to do next
If this sounds like a role you’re interested in, then please apply.
Business Controls Associate - COO | SCIB in London employer: Santander UK
Santander Corporate & Investment Banking (SCIB) is an exceptional employer, offering a dynamic work environment in the heart of London that fosters professional growth and collaboration. With a strong commitment to diversity and inclusion, employees benefit from a competitive rewards package, extensive training opportunities, and a culture that values individual contributions, ensuring that every team member can thrive both personally and professionally.
StudySmarter Expert Advice🤫
We think this is how you could land Business Controls Associate - COO | SCIB in London
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Santander, especially in the Business Controls Unit. A friendly chat can give you insider info and maybe even a referral!
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of operational risk and compliance. We want you to show off your analytical skills and how you can contribute to the team’s success.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After your interview, drop a quick thank-you email to express your appreciation and reiterate your enthusiasm for the role. It keeps you fresh in their minds!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our community at Santander.
We think you need these skills to ace Business Controls Associate - COO | SCIB in London
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 your analytical skills to show us you’re a great fit!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you're passionate about this role and how your background makes you the perfect candidate. Don’t forget to mention your communication skills and attention to detail!
Showcase Your Problem-Solving Skills:In your application, give examples of how you've tackled complex problems in the past. We love seeing candidates who can turn data into actionable insights, so don’t hold back on sharing your success stories!
Apply Through Our Website:We encourage you to apply directly through our website for a smoother process. It’s the best way to ensure your application gets the attention it deserves, and we can’t wait to see what you bring to the table!
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 investment banking, as this role is all about supporting risk ownership and control assurance.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical and problem-solving skills. Think of examples where you've interpreted complex data and turned it into actionable insights, especially in a business or product aligned role.
✨Communicate Clearly
Since you'll need to convey complex risk information to non-experts, practice explaining technical concepts in simple terms. This will show that you can bridge the gap between technical and non-technical stakeholders.
✨Familiarise Yourself with Tools
Get comfortable with Microsoft Office Suite and Power BI, as proficiency in these tools is essential. If you have experience with automation and digitalisation projects, be ready to share those experiences during the interview.
