Pricing & Credit Model Analyst 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, BankingIndustries

Requirements

Bachelor's Degree or equivalent work experience in Statistics, Economics, Operations Research, Applied Mathematics, or a related quantitative discipline - Required
Master's Degree in Statistics, Economics, Operations Research, Applied Mathematics, or a related quantitative discipline or equivalent experience - Preferred
Ph.D. in Statistics, Economics, Operations Research, Applied Mathematics, or a related quantitative discipline or equivalent experience - Preferred
3+ Years Analytics in Financial Services Industry or equivalent - Required

Responsibilities

Develops a thorough understanding of the firm’s operations and business practices
Uses internal and external data sources to create robust model development and analytical datasets
Applies statistical techniques to analyze trends and uncover risks and opportunities relative to portfolio management and originations. Utilizes data mining and statistical techniques to develop analytic insights, sound hypotheses, and informed recommendations
Incorporate credit risk, customer behavior, collateral trend and market data into pricing algorithms
Explore opportunity to enhance Dealer Management program to grow our business with top-performing partners
Encapsulates analytic findings into executive-level summary documents to support senior management decision-making
Participates in the construction of complex mathematical models – including credit origination and customer behavior scorecards - which directly support critical decision-making processes and the company’s overall understanding of the markets within which we operate, and our customers
Liaisons with IT and other internal teams to define requirements and ensure the timely and accurate delivery of data elements for analytic projects, changes to Pricing & Policy
Develops the underlying assumptions, theory, empirical evidence, and conceptual soundness of statistical and mathematical models
Ensure model documentations, validation, and governance aligned with internal policies and regulatory expectations

Skills

Model Development

Credit Scoring

Pricing Models

Statistical Techniques

Data Mining

Risk Modeling

Data Analysis

Portfolio Management

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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