Associate, Risk Analytics - Loss Forecasting

Santander Consumer USA; Dallas (TX); On-site; USD 86,250 - 140,000; Full time

Job summary

A leading financial services company in Dallas, TX is seeking an Associate for Risk Analytics focused on loss forecasting. Candidates should have a Bachelor’s Degree and 3+ years of risk analysis experience, alongside advanced skills in R and Python. This role offers competitive compensation and development opportunities within a strong risk culture.

Qualifications

• 3+ years of experience as a Risk Analyst or in Risk Management.
• Experience developing predictive tools for loss forecasting.
• Detail-oriented with strong project-management skills.

Responsibilities

• Design and support loss forecasting frameworks for consumer auto portfolios.
• Perform data analysis and deliver analytical solutions for risk planning.
• Enhance reporting functionality through risk-based analysis.

Skills

Advanced knowledge of loss forecasting methodologies

Strong analytical and problem-solving skills

Advanced knowledge of statistical packages (e.g., R, Python)

Strong written and verbal communication skills

Ability to leverage technology to improve and automate tasks

Education

Bachelor’s Degree in Finance, Economics, or related field

Master’s Degree preferred

Tools

R

Python

Microsoft Office

Job description

Associate, Risk Analytics - Loss Forecasting

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.

Country: United States of America

The Difference You Make

• Design, develop, and support loss forecasting frameworks, methodologies, and tools for Santander consumer auto portfolios.
• Work across business lines to define and build risk-based analytical datasets, perform data analysis, and deliver analytical solutions that meet strategic initiatives and risk planning activities.
• Support loss forecasting processes by developing forecast methodologies/tools and forecasting gross loss and recoveries, including data extraction, quantitative and predictive analysis, risk identification, and remediation.
• Represent or support the company’s reputation by minimizing compliance and regulatory risk through issue resolution and adherence to company and legal standards.
• Ensure adherence to policies and procedures, manage policy and standard definition, monitor models, risk/exposure, and compliance with company policies.
• Enhance portfolio management, reporting functionality, and automation of processes through thoughtful risk-based analysis.
• Provide formatting improvements to current reporting processes and prepare/analyze extensive data for managerial reporting, budgeting, planning, audits, and ad‑hoc requests.
• Create and maintain dashboards to report on metrics and results, and perform trend, variance, profiling, and data quality analysis.
• Mines and analyzes data from both internal and external databases to drive optimization and process improvements.
• Facilitate effective communication among business lines and leadership to ensure comprehensive understanding of needs, expectations, and requirements.
• Collaborate with Risk Analytics subject matter experts to identify valuable practices, develop strategies, and implement predictive tools, processes, and templates.

What You Bring

• Bachelor’s Degree or equivalent work experience in Finance, Economics, Management Information Systems, Statistics, or a related quantitative field with 3+ years of experience.
• Preferred Master’s Degree in the same or a related field.
• 3+ years of experience as a Risk Analyst or in Risk Management.
• Advanced knowledge of loss forecasting methodologies, predictive/classification algorithms, modeling, data mining, and segmentation techniques.
• Advanced knowledge of statistical packages (e.g., R, Python) and experience developing predictive tools for loss forecasting.
• Advanced knowledge of statistics, machine learning, and/or other quantitative analysis techniques.
• Ability to synthesize information from a variety of data sources into a logical, organized, and concise manner.
• Strong written and verbal communication skills.
• Strong analytical, problem‑solving, and critical thinking skills.
• Detail‑oriented with an understanding of overall strategy.
• Demonstrated data analysis, presentation, and development skills.
• Ability to interact with all levels of employees, including senior management.
• Ability to leverage technology to improve and automate business tasks.
• Strong project‑management skills.
• Strong attention to detail and rapid information analysis.

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.
• Experience in Microsoft Office products.

Base Pay Range

Minimum: $86,250.00 USD

Maximum: $140,000.00 USD

Risk Culture

We embrace a strong risk culture and expect all professionals 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, 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 is required. Occasionally moving and lifting light equipment and/or furniture may be required depending on location.

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 your employment at any time for any reason.

What To Do Next

If this sounds like a role you are interested in, please apply. We are committed to providing an inclusive and accessible application process for all candidates. If you require any assistance or accommodation due to a disability or any other reason, contact us at [e-mail] to discuss your needs.

Primary Location: Dallas, TX

Other Locations: Texas‑Dallas

Organization: Santander Consumer USA Inc.

AN EQUAL OPPORTUNITY EMPLOYER M/F/Vet/Disabled/SO

Seniority level

Mid‑Senior level

Employment type

Full‑time

Job function

Finance and Sales