Senior IT Auditor, Santander

Data & Advanced Analytics

$84.4-140k

SQL

Python

Mid and Senior level

Boston

Retail and commercial bank

Open for applications

Retail and commercial bank

1001+ employees

B2CB2BBanking

Open for applications

$84.4-140k

SQL

Python

Mid and Senior level

Boston

1001+ employees

B2CB2BBanking

Company mission

To help people and businesses prosper.

Job

Company

Role

Who you are

Bachelor's Degree or equivalent work experience: Data Science, Data Analysis, Operational Research, Decision Management or equivalent quantitative field. Req
Master's Degree Data Science, Data Analysis, Operational Research, Decision Management or equivalent quantitative field. Pref
3+ Years Data mining/advanced analytics applied to large-scale data-intensive projects. Req
Demonstrated experience with advanced statistical packages and software
Demonstrated experience building and applying machine learning/predictive modeling in real-world use cases
Strong modeling and data manipulation skills
Strong written and verbal communication skills
Strong programming capability; ability to solve problems through programming and simulation
Strong understanding of statistical tools and their application to business, as well as principles of cost/benefit analysis, risk management, marketing, collections and operations
Proficient with the use of advanced statistical analysis software and applications (SAS, R, Python, SQL programming, etc.)
Ability to read, interpret and explain complex statistical theories and practices to a wide audience of varying technical capability
Ability to multitask and properly prioritize multiple projects simultaneously
Ability to prioritize according to the strategic direction of the organization
Ability to meet deadlines and follow through on the completion of high-profile projects and initiatives
Technical aptitude with strong logical, problem solving and decision-making skills

What the job involves

The primary function of the IT, Data & Advanced Analytics Sr
Specialist, Data Science role is to execute complex audit testing, with focus on data risk and the use of advanced analytics tools, as part of internal audit reviews and activities and provide support to less experienced team members
The Sr Auditor must perform testing in a timely manner, ensuring all audit quality and client relation standards are met, and courteous and professional behavior is observed in all situations
This role combines auditing principles with data science skills to assess risks and detect anomalies
Internal Audit serves as the third line of defense, providing the Board Audit & Board Risk Committees and senior management with independent assurance on the quality and effectiveness of internal controls, risk management (current or emerging), governance processes and systems, and lending units (overall asset quality, risk and compliance processes, underwriting policies, procedures, limits, concentrations), thereby helping to protect the company’s value, solvency and reputation
To such ends, Internal Audit evaluates: the effectiveness and efficiency of these processes and systems; compliance with applicable laws and regulations, and with the requirements from supervisors; the reliability and integrity of financial and operational information; and asset integrity
Provide assurance on the quality and effectiveness of internal control, risk management (current or emerging) and governance processes and systems in the IT Risk space
Develops a solid understanding of IT and business processes by serving as a reliable resource in data risk
Delivers high quality audit tests solutions following relevant audit standards and allow for deeper auditing
Establishes and takes accountability towards meeting deadlines and milestones
Designs, develops and execute data-driven complex audit tests using Python, SQL or other analytical tools over various risk areas as part of internal audit reviews and activities
Identifies issues, assesses risk and presents results clearly and concisely and display a capability to discuss analytical and data risk concepts coherently
Conducts post-audit basic follow-up to appraise adequacy of corrective action taken by management to address audit recommendations
Documents audit testing and follow-up tasks in accordance with relevant audit standards
Attends professional training actions provided by the company
Evaluate control effectiveness through data analytics-driven tests
Provides consistent quality service to both internal and external stakeholders that meets the company’s standards

Our take

Santander serves 14 million UK customers as a retail and commercial bank. Despite a mixed history, including issues with call centre service, mis-selling PPI, and anti-money laundering control failures between 2012 and 2017, Santander continues to thrive by focusing on innovation, digitalisation, and sustainable, responsible growth.

Recently, Santander has enhanced its digital and mobile services to meet the needs of modern banking customers. This includes the My Home Manager app, which provides mortgage customers with a centralised platform for their information, and increased fraud alerts to protect less digitally literate customers as they transition online. These efforts aim to connect physical and digital channels for a seamless customer experience, positioning Santander to better compete against digital banks like Monzo and Starling.

In addition to these digital advancements, Santander has joined forces with Iberpay in Spain to become inaugural participants in the European Payments Council’s One-Leg Out Cross-border Transactions Instant Scheme (OCT Inst). This initiative is set to introduce global instant transfers, further emphasising Santander's commitment to innovation and enhancing its service offerings in the digital banking landscape.