Data Scientist
Sardine$150,000 - $170,000/year
- Full Time
- Senior (5 to 8 years)
Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Risk ManagementIndustries
Requirements
Candidates should possess a higher education degree in economics, mathematics, or statistics, or demonstrate a passion for models and data and have matured to this level after completing other types of studies. They must have experience in analyzing or using/managing models, be able to statistically assess the quality of model performance and interpret results, and be familiar with both classic (Excel) and modern (R/Python) data analysis techniques. Strong knowledge of relational/non-relational databases and SQL proficiency is required, as well as the ability to communicate the results of their work in a clear and understandable manner.
Responsibilities
The Senior Model Validation and Risk Specialist will analyze a wide range of risk models used in the Bank, including classic and machine learning models (scoring models, rating models, credit risk parameters – such as provisions and internal capital, monitoring and recovery models, valuation models, and more). They will assess how these models function and predict their future performance, identify areas for improvement, develop the validation workshop, develop and refine testing methods, and optimize validation processes. Furthermore, they will build tools to support risk management, gain experience through collaboration with model building teams, and share knowledge with units across Santander’s international network.
Skills
R
Python
SQL
Excel
Statistical Analysis
Model Validation
Risk Management
Data Analysis
Relational Databases
Non-Relational Databases
Scoring Models
Rating Models
Credit Risk Parameters
Provisions
Internal Capital
Monitoring Models
Valuation Models
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