Senior Model Risk Manager
MercurySalary not specified
Full Time
Senior (5 to 8 years), Expert & Leadership (9+ years)
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Banking, Financial ServicesIndustries
Requirements
- 10 años de experiencia en puestos y funciones similares
- Licenciatura o grado en Ingeniería/Matemáticas/Estadística/Física/Economía
- Alto nivel de inglés
- Conocimiento en modelización de parámetros de riesgo
Responsibilities
- Gestión de equipos tanto internos como de consultoría
- Modelizar parámetros de PD, LGD, EAD y prepagos bajo normativa IFRS9, adaptando los modelos vigentes a los cambios en el entorno actual, las políticas de gestión de crédito y de recuperaciones
- Desarrollo de modelos de stress test bajo escenarios macroeconómicos, climáticos, análisis sectorial o de gestión
- Profundizar en el conocimiento de las carteras para adecuar el cálculo de las pérdidas
- Análisis para la inclusión de escenarios macroeconómicos en los modelos de IFRS9
- Interpretación y aplicación de la normativa, regulación y estándares corporativos a las carteras de Santander España
- Evaluación de impacto y coherencia para alineamiento de modelos IFRS9 con metodologías IRB
- Conocimientos macroeconómicos y econométricos para su uso en modelos de stress test
- Conocimientos de técnicas de modelización de riesgos climáticos: riesgo de transformación y físico
- Uso de nuevas herramientas de trabajo para el desarrollo de los modelos: R, Python, técnicas de machine Learning y algoritmos avanzados
- Soporte funcional de los temas más relevantes y revisión técnica a otros miembros del equipo/equipos de consultoría
- Documentación funcional y técnica del proceso de estimación
- Gestión y resolución de recomendaciones (AI, VI, AE)
- Soporte e interacción con las distintas áreas involucradas y reguladores
- Reporte de resultados a la alta dirección
Skills
Key technologies and capabilities for this role
Questions & Answers
Common questions about this position
What is the location for this position?
The position is located in Spain.
What are the main responsibilities of this role?
Responsibilities include managing internal and consulting teams, modeling PD, LGD, EAD and prepayments under IFRS9, developing stress test models under macroeconomic and climate scenarios, and using tools like R, Python, and machine learning techniques.
What technical skills are required for this Manager de Modelos position?
Required skills include expertise in IFRS9 modeling (PD, LGD, EAD), stress testing under EBA requirements, R, Python, machine learning techniques, macroeconomic and econometric knowledge, and climate risk modeling.
What is the company culture like at Santander for this role?
Santander emphasizes a technology-driven organization with customer focus, disruptive thinking, innovation, a strong risk culture, and collaboration in a growing risk methodology team.
What makes a strong candidate for this position?
Strong candidates will have experience in credit risk model development, particularly IFRS9 provisions and stress testing, proficiency in R and Python with machine learning, knowledge of macroeconomic scenarios and climate risks, and leadership skills for managing teams.
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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