.Insurance Risk & Compliance Officer Governance Sr. Analyst Country: Spain WHAT YOU WILL BE DOING Wealth Management & Insurance is looking for an Insurance Risk & Compliance Officer , based in our Boadilla del Monte office.
WHY YOU SHOULD CONSIDER THIS OPPORTUNITY The Wealth Management & Insurance division covers three businesses in all Santander Group countries: Insurance, Asset Management, and Private Banking.
We work to provide the best solutions to our clients in these three businesses in the 10 countries where we have a presence.
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 businesses prosper.
We embrace a strong risk culture, and all of our professionals at all levels are expected to take a proactive and responsible approach toward risk management.
KEY RESPONSIBILITIES As an Insurance Risk & Compliance Officer , you will be part of the Insurance Global Team, which is part of the Wealth Management & Insurance division.
This person should have a broad strategic view of the banking sector and a deep knowledge of the Bancassurance business.
Reporting directly to the Insurance Product & Distribution Risk Director, the main responsibilities for this position are: Monitor Banco Santander conduct risk as a distributor of insurance products.
Monitor Insurance risk of Banco Santander as a shareholder in the insurance companies (49%).
This position requires experience in the management of both risks and a high capacity for relationship management with the central areas of the Bank, local insurance teams, and our insurance partners.
Responsibilities include the proper functioning of the Conduct Risk Forums in all geographies, follow-up, and technical support to Directors in the Boards in which Banco Santander is represented.
ADDITIONAL RESPONSIBILITIES The successful candidate will participate in the regulatory projects in which Santander must be present and collaborate with the Public Policy areas of the Group.
We need someone like you to help us in different fronts: Government follow-up established with the partners (Board of Directors, Management Committees), data analysis, information proposals, etc.
Support to Boards of Directors and analysis of information.
Monitoring of the level of compliance of internal and external audits.
Coordination with business areas for the alignment of strategic plans with the approved Risk appetite requirements.
Monitoring of the main economic indicators of the agreements.
Monitoring of the quality of sale, analysis of processes, and improvement proposals.
Analysis of conduct risk management information, proposals for improvement, coordination with local units, participation in conduct risk forums.
Monitoring of Compliance and any other type of regulation that is applicable and that directly impacts the management of the business