Campus Pride Jobs

Mobile Campus Pride Logo

Job Information

Santander US Sr. Associate, Risk Modeling in New York, New York

Sr. Associate, Risk Modeling

Req ID: Req1011035 Date posted 09/22/2022

Sr. Associate, Risk Modeling

New York, United States of America

WHAT YOU WILL BE DOING

The Senior Associate, Risk Modeling is part of Santander’s Model Development department and responsible for developing and managing advanced regulatory-compliant risk rating and loss forecasting models for the Commercial Banking portfolios. These models are used to support multiple functions including underwriting, portfolio management, stress testing (HCR/DFAST) and loss reserve calculation (CECL/IFRS). The Senior Associate, Risk Modeling is an expert resource in the field of credit risk quantification and modeling and works closely with business leaders, risk management groups and regulatory authorities.

Position Duties:

  • Responsible for developing and enhancing advanced credit risk models

  • Produce accurate, concise and high-quality model development documentation

  • 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

  • Support the implementation of the models managed by the group

  • Provide expertise and oversight to ensure all models are interpreted and used consistently and correctly across the bank

  • Contribute to model development presentations for various audiences including credit officers, model users, internal audit and regulators

Qualifications:

  • Bachelor's Degree in Mathematics, Statistics, Economics or an equivalent quantitative field (Master’s Degree or PhD preferred)

  • 8+ years of model development experience (or equivalent academic experience). Experience building credit risk models for financial institutions preferred

  • Expertise in statistical methodologies like regression, decision trees and clustering

  • Advanced SAS and SQL knowledge (needed), R, Python (optional)

  • Hands on experience in using complex statistical techniques to solve business problems

  • Excellent written and verbal communication with a focus on detailed and clear technical writing

  • Knowledge of regulatory expectations for model development and model risk management preferred

  • Knowledge of Commercial Banking products preferred

  • Knowledge of modeling methodologies used in HCR/CECL preferred

  • Ability to lead complex projects

  • Team player, prepared to work under pressure close to deadlines

  • Can-do attitude, creative thinker with a proactive mindset

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: 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.

Masters of Science (MS) English

Primary Location: New York, New York, United States of America

Other Locations: New York-New York,New Jersey-Florham Park,New York-New York,Massachusetts-Boston

Organization: Santander Bank N.A.

As a part of our commitment to the health and safety of our employees and clients, we have implemented COVID-related health and safety requirements for our workforce. These requirements may include all or some combination of: disclosing your vaccination status, being fully vaccinated, regular testing, mask wearing and social distancing. As you go through our selection process, the requirements will be clearly disclosed to you.

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.

US Candidates/Employees: Click here to view the “EEO is the Law (http://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm) ” poster and supplement and the Pay Transparency Policy Statement. (https://www.dol.gov/agencies/ofccp/faqs/pay-transparency)

Click here to view the California Privacy Notice. Need assistance? Contact TAOps@santander.us

Sitemap

DirectEmployers