Senior Credit Risk Modeling Lead — Drive Impact

Santander Consumer USA Inc.; Boston (MA); On-site; USD 109,000 - 200,000; Full time

Job summary

Santander Consumer USA Inc. in Boston seeks a Sr. Associate, Risk Modeling to conduct validations of risk models, develop benchmarks, and lead complex projects within the Quantitative Risk Modeling team.

The role requires 9+ years in risk management, expert SAS, Python and R skills, and the ability to communicate with regulators and leaders. You’ll help improve model development standards and governance.

Qualifications

• Bachelor’s degree in a related field required; advanced degree preferred.
• 9+ years in risk management and risk model development required.
• Strong knowledge of banking regulatory environment and impact on risk management.

Responsibilities

• Review and assess model health within a defined framework and coordinate with stakeholders.
• Conduct extensive research and validation of risk models against standards and benchmarks.
• Assess model performance, assumptions, and weaknesses; propose improvements.
• Collaborate with model owners to understand business context for models.
• Prepare model development reporting for internal and external stakeholders.

Skills

Quantitative skills

Stress testing

Analytical thinking

Project management

Communication skills

Problem solving

Regulatory understanding

Leadership

Education

Bachelor's Degree

Advanced Degree (Masters/PhD)

Tools

SAS

Python

R

Job description

Santander Consumer USA Inc. in Boston seeks a Sr. Associate, Risk Modeling to conduct validations of risk models, develop benchmarks, and lead complex projects within the Quantitative Risk Modeling team.

The role requires 9+ years in risk management, expert SAS, Python and R skills, and the ability to communicate with regulators and leaders. You’ll help improve model development standards and governance.