Sr. Analyst, Risk Modeling

Sr. Analyst, Risk Modeling

Country: United States of America

Your Journey Starts Here:

Santander is a global leader and innovator in the financial services industry. We believe that our employees are our greatest asset. Our focus is on fostering an enriching journey that empowers you to explore diverse career opportunities while nurturing your personal growth. We are committed to creating an environment where continuous learning and development are prioritized, enabling you to thrive both professionally and personally. Here, you will find ample opportunities to connect and collaborate with talented colleagues from around the world, sharing insights and driving innovation together. Join us at Santander, where you are supported by a culture of engagement and a commitment to your success.

An exciting journey awaits, if you are interested in exploring the possibilities We Want to Talk to You!

The Difference You Make:

The Senior Analyst, Risk Modeling is part of Santander’s Model Development department and responsible for supporting operational risk model development. These models are used to support bank stress testing (HCR/DFAST) and internal capital planning process. The Senior Analyst, Risk Modeling serves as an expert resource in the fields of operational risk quantification and works closely with business leaders, operational risk management, capital management and regulatory authorities.  

• Responsible for operational risk model development, model documentation, model implementation and ongoing model performance monitoring

• Ensure all model deliverables are of the highest standard and compliant with bank and regulatory standards  

• Create model performance monitoring reports on an ongoing basis and share results with various stakeholders

• Contribute to model development and methodology-related presentations for various audiences including operational risk officers, model users, model risk management group, internal audit and regulators 

What You Bring:

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.

Bachelor's Degree or equivalent work experience: Statistics, Mathematics, Economics or equivalent quantitative discipline. - Required.
Master's Degree Statistics, Mathematics, Economics or equivalent quantitative discipline. - Preferred.

• 2+ years of model development experience within financial industry

• Understanding of bank products and product life cycles

• Understanding of model development life cycle and model risk management requirements

• Knowledge of Basel/ICAAP, CCAR/DFAST and regulatory Guidance on Model Risk Management (SR 11-7)

• Attention to details and results oriented

• Excellent written and verbal communication skills

• Strong time management and multi-tasking skills

• Proficiency in SQL, SAS, Matlab, Python or R

Certifications:
No Certifications listed for this job.

It Would Be Nice For You To Have:
Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.

What Else You Need To Know:

The base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.

Base Pay Range

Minimum:

$67,500.00 USD

Maximum:

$140,000.00 USD

Benefits:

Santander Benefits - 2025 Santander OnGoing/NH eGuide (foleon.com)

Risk Culture:

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.

EEO Statement:

At Santander, we value and respect differences in our workforce. 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,