Sr. Director, 1st Line Credit Risk, Retail Banking and Transformation

Sr. Director, 1st Line Credit Risk, Retail Banking and Transformation

Country: United States of America

Job Description
Essential Functions/Responsibility Statements:

• Oversees and manages the 1st line Credit Risk management team ensuring implementation of credit risk management strategies across customer lifecycle
• Develops credit strategies to improve the credit performance by leveraging data, machine learning models and advanced analytics tools to optimize risk decisions. Designs A/B tests and understand the risk-return trade-offs
• Manages implementation and associated controls for underwriting, line management and targeting criteria with internal tech and vendor systems
• Partners with second line risk management in developing business wide key credit risk and early warning indicators.
• Monitors vintages and portfolio by customer segments, provides input to overall profitability and makes adjustments to credit strategies to deliver business goals within risk appetite framework
• Works with legal and compliance team to ensure strategies and policies comply with all the regulatory requirements

Skills and Abilities:

• Expertise and prior experience in credit bureaus, credit decision engines, credit modeling for underwriting and portfolio management decisions, income/identity verification and loss forecasting
• Solid knowledge of card, loans, loc P&L, unit economics and vintage level metrics
• Expertise in managing advance analytics in SAS, R, python and working knowledge of tech infrastructure required to run loans and credit cards
• Advance knowledge of current federal and state laws and regulations related to credit decisions, and prior experience in interacting with regulators

Education: Bachelor's Degree required: Business, Statistics, Information Systems, Engineering, Finance, Economics. Master's Degree preferred.

Work Experience:
12+ Years Credit Risk Management experience within Financial Industry, including experience dealing with U.S. regulatory agencies required. 1st line credit risk experience preferred.
5+ years of experience in managing teams of credit analysts, underwriters, and data scientists in consumer/smb loans, lines and credit card products

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 up to fifty pounds, able to bend, kneel, climb ladders.

Employer Rights: This job description does not list all of 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.

te at any time for any reason.

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:

$216,000.00 USD

Maximum:

$330,000.00 USD