Executive Director, Business Management -Corporate & Investment Banking Finance

New York, United States of America

The Director, Business Management, collaborates with senior leaders throughout the organization to reach consensus on the viability of new services and initiatives and the assumptions and projections contained in a business plan. The incumbent presents to Senior leaders' key business performance metrics and develops financial forecasts to support development of plans and strategies.

USA Job Family Description:

• Develops, analyzes, implements, and oversees short-term and long-term strategic business processes and plans to increase operational efficiency, meet strategic vision and achieve financial goals.
• Develops, presents, and implements business case recommendations and tactical/operational strategies based on analysis of global and industry trends, company objectives and key stakeholders.
• Manages, identifies, and develops strategic partnerships with business functions, management, and other internal/external stakeholders.
• Identifies and analyzes the company's strengths, weaknesses and business opportunities to advise management and optimize business strategies.
• Monitors industry trends, competitor actions, economic developments and regulatory environment to identify and plan for expected impact on business operations.
• Ensures the correct functioning of facilities, office and business support services.
• Compiles, documents, communicates and verifies information according to established procedures.
• Conducts business continuity planning in order to assure that essential company functions can operate during and following major disruptive events.

USA Job Function Description:

• Develops the company's long range strategic plans and identifies organization strengths, weaknesses and business opportunities.
• Plans, develops, administers and reviews the company or division strategy.
• Oversees the implementation of organization directives and policies and analyzes the company's economic, regulatory, market and competitive environment by conducting internal technical and financial analyses.
• Supports the executive leadership team on any strategic matters and interacts with other lines of business and corporate divisions to develop a deep understanding of critical issues and manage high priority strategic initiatives.

Essential Functions/Responsibility Statements:

• Identifies opportunities for increased operational efficiency and effectiveness by assembling teams to generate ideas and analyze opportunities arising thereof through to implementation.
• Works closely with all lines of business in the development, design and implementation of management matrix for the organization.
• Monitors, analyses and identifies opportunities that may significantly impact the Company and its business.
• Drives teamwork and partnership with various lines of business throughout the organization to ensure a smooth implementation of organizational changes.
• Conducts and supports appropriate data collection, market intelligence, and business analysis, and accesses internal and external subject matter expertise to drive business plan development.
• Aligns business planning, analysis, and forecasting with capital and operating budgets, plans, and processes.
• Ensures compliance with laws and regulations, safeguarding of assets, compliance with Company policies and procedures, reliability of internal and external reporting, and efficiency and effectiveness of operations.
• Develops professional and succinct financial projections.
• Advances business plans and makes recommendations to senior management.

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's degree or equivalent work experience: Finance, Accounting, Business Administration or equivalent field. Req

Master's degree Finance, Accounting, Business Administration or equivalent field. Pref

Work Experience:

12+ Years relevant experience in finance, business planning dept. and/or project management. Req

Skills and Abilities:

• Strong overall business acumen; industry knowledge, and knowledge of broader Santander Organization
• Critical thinker with ability to apply business expertise and logic to multiple situations
• Excellent problem solver and decision maker. Able to provide creative solutions to solve complex problems. Applies independent judgment to resolve difficult issues
• Demonstrated success supporting and facilitating senior leadership decision making and governance processes
• Ability to navigate through a complex, multi-level business environment to deliver results
• Ability to manage multiple priorities
• Strong interpersonal skills and team player
• Excellent communication skills; strong consultative, listening and analytical skills
• Demonstrated ability to take a collaborative approach, practicing inquiry vs. advocacy
• Advanced PowerPoint and Excel skills; Strong Presentation Skills at multiple levels
• Proven track record of building and maintaining strong relationships

Responsibilities:

With focus on Cost Management & Control and Expenses Budgeting & forecasting you will be responsible for expense budgeting, forecasting and reporting along with managing cost controls including creating and delivering presentations to all levels of management.

Cost Management & Control:

• Continuous monitoring of expenses through the SAP Orion ERP. Maintain up to date commitment items, and fund center structures that properly reflect organization's structure.
• Monitor the implementation of policies and procedures related to capitalization of expenses, accruals, SLA's and cost allocations.
• Collaborate with teams such as Procurement, Accounts payable and Third Party Risk Management (TPRM) ensuring third party vendor information meets the Santander required standards, oversight of related expenditures and simplify processes.
• Provides operational support on current processes and supports business operations and management in identifying opportunities and solutions to meet current and future business needs.
• Review CIB financial and management expense information produced by other areas (US GAAP and IFRS views), highlighting potential discrepancies and closing the gaps.
• Validates information and liaises with other departments to document findings, propose alternatives and recommended actions.
• Creates and maintains dashboards and presentations to monitor performance in various internal forums.
• Frequently involved in special projects and ad-hoc reporting as needed.
• Identifies and acts on the delivery of meaningful cost optimization opportunities.

Expenses Budgeting & forecasting:

• Leads the annual expense budgeting processes partnering with key stakeholders: Line of businesses and support functions (Technology and Operations, Finance, Risk, Legal & Compliance, HR, Internal Audit,..)
• Liaise with Financial Control department in the US, Europe, Latin America, and Asia, to coordinate various global projects, three-year strategic plans and forecasts.
• Ensure that legal entity budgets are loaded appropriately in the corporate systems (SAP, Cosmos) with the right drivers and maximum level of granularity that allows proper analysis and challenge of main variances.
• Actively collaborate in providing accurate forecast and other related financial information that is useful to a wide range of users in making economic decisions.

Diversity & EEO Statements: At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams. 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 to fifty pounds, able to bend, kneel, climb ladders.

Employer Rights: This job description does not list all 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.

For NYC Job Applicants: The base annual salary range for this position is $150,596-$220,000. The exact compensation may vary based on skills, experience, training, licensure and certifications and location

English

Primary Location: New York, NY, Madison Ave Corp

Other Locations: New York-New York

Organization: Banco Santander S.A.