Compliance Data Analytics - Senior Associate at Santander

Dallas, Texas, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, Banking, ComplianceIndustries

Requirements

Bachelor's Degree or equivalent work experience in Finance, Economics, Management Information Systems, Statistics or equivalent quantitative field - Required
Master's Degree in Finance, Economics, Management Information Systems, Statistics or equivalent quantitative field - Preferred
9+ Years Risk analysis / aggregated data analysis - Required
9+ Years Financial Services industry experience - Preferred
Technical expertise regarding risk data modeling, database design development, data mining, and segmentation techniques
Demonstrated subject matter expertise in quantitative modeling, statistical analysis, and quantitative theory
Demonstrated experience with large databases and database design
Advanced knowledge of modeling techniques, statistical analysis techniques and tools, and various data

Responsibilities

Strategic development of metrics and analytics to identify potential hazardous transactions
Assist in the management of all risk data used across the Finance Intelligence Unit
Prepare and deliver statistical analysis in support of risk related projects and initiatives
Serve as a subject matter expert in data management, data analysis, and research functions for Risk
Provide guidance and direction to less experienced data analysts on data analysis and maintenance of data infrastructure
Develop and/or significantly improve quantitative models and metrics to deliver prompt alerts when a risk arises
Manage data mining activities and large data extracts to support special projects and large risk/fraud investigations
Improve data mining, analytics and data extracts across risk databases using various data mining tools
Perform data mining, data quality, and other business analysis to identify potential hazardous transactions
Collaborate with complex business units and provide compliance risk expertise and consulting for projects and initiatives with high risk to identify and mitigate regulatory risk
Consult with business to develop corrective action plans and effectively manage change to ensure regulatory compliance
Serve as a subject matter expert on risk/fraud policy and procedures to the business; provide direction and guidance to employees on appropriate remediation action for high risk accounts
Develop models, metrics, and controls to identify potential hazardous transactions
Continuously evaluate operational/production analytics and systems; recommend changes to improve processes and create efficiencies
Create documentation from results of the quantitative analysis for all high risk models
Provide regulatory guidance as needed

Skills

Data Analytics

Statistical Analysis

Data Mining

Quantitative Modeling

Risk Metrics

Data Management

SQL

Python

Data Quality

Business Analysis

Santander

Provides banking, investment, and insurance services

About Santander

Santander Bank provides a variety of financial services to individuals, small businesses, and large corporations in the United States. Its offerings include savings and checking accounts, loans, credit cards, and investment products. The bank also has specialized services through Santander Investment Services and insurance products via Santander Securities LLC. Santander stands out from its competitors by focusing on community growth, committing $13.6 billion to support initiatives like the 'Cultivate Small Business' program, which aids early-stage entrepreneurs, especially from underrepresented groups. The bank generates revenue through interest on loans, service fees, and commissions, while promoting responsible banking practices and financial education. Santander's goal is to empower individuals and businesses, enhance community prosperity, and provide comprehensive financial solutions.

Boston, MassachusettsHeadquarters

1902Year Founded

$75MTotal Funding

POST_IPO_DEBTCompany Stage

Fintech, Financial ServicesIndustries

10,001+Employees

Benefits

Health, dental, & vision

401k

Flexible PTO

Parental & sick leave

Discounts: technology, travel, auto, fitness, & tuition

Risks

ISO 20022 transition may challenge smaller business partners.

'Quishing' attacks pose a growing threat to consumer security.

Openbank faces competition in the U.S. high-yield savings market.

Differentiation

Santander's Openbank offers a 5.00% APY high-yield savings account nationwide.

The bank's Inclusive Communities Plan pledges $13.6 billion for community initiatives.

Santander's ISO 20022 adoption enhances operational efficiency and data management.

Upsides

Openbank's high-yield savings account attracts more U.S. customers.

Santander's renewable energy financing highlights commitment to sustainable investments.

Proactive cybersecurity measures enhance customer trust and protect digital assets.

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