Director, Risk Modeling at Santander Holdings USA Inc
Boston, MA 02109, USA -
Full Time


Start Date

Immediate

Expiry Date

02 Nov, 25

Salary

240000.0

Posted On

03 Aug, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Training, Licensure, Base Pay

Industry

Financial Services

Description

WHAT ELSE YOU NEED TO KNOW :

The base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.
Base Pay Range
Minimum: $138,750.00 USD
Maximum: $240,000.00 USD

EMPLOYER RIGHTS:

This job description does not list all of the job duties of the job. You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. This job description is not a contract for employment and either you or the employer may terminate your employment at any time for any reason.

Responsibilities
  • Develops new methodologies and approaches to the management of model risk.
  • Promotes a risk management culture by encouraging team to embrace appropriate risk practices and supporting team members in fulfilling risk management responsibilities.
  • Proactively identifies areas of issues or concerns related to potential gaps in existing processes, procedures, policies, frameworks.
  • Informs perspective on market environment, future trends, and emerging risk issues.
  • Responds to required corrective actions in a timely and complete manner.
  • Assess and evaluates model conceptual soundness, model assumptions, and data integrity.
  • Tests risk model numerical, statistical, and computational accuracy; performs outcomes analysis; and reviews model governance and control process.
  • Communicates with senior management on risk modeling, decision, and data for improved efficiency, effectiveness, and/or risk reduction to the company.
  • Executing model risk management activities and projects consistent with the Enterprise MRM framework, industry best-practice and regulatory guidance
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