IFRS9/IRB/Stress Test Models Sr Analyst - SCF

IFRS9/IRB/Stress Test Models Sr Analyst - SCF

Country: Spain

Santander Consumer Finance is looking for a Senior Analyst in IFRS9/IRB/Stress Test Models based in our Boadilla del Monte (Madrid) Office.

WHY YOU SHOULD CONSIDER THIS OPPORTUNITY

At Santander (www.santander.com) we are key players in the transformation of the financial sector. Do you want to join us?

Santander Consumer Finance focuses on business development related to consumer finance products, sales channels and commercial agreements with dealers, vehicle manufacturers or retail distribution establishments, as well as commercial functions associated with direct sales (branches, call centers or digital channels) and indirect sales (through third parties) of consumer finance products.

Santander is proud of being an organization where there are equal opportunities regardless of gender identity, culture and disability. Our mission is to contribute to help more people and business prosper.

WHAT YOU WILL BE DOING

As a Senior Analyst, you will coordinate the development and monitoring of models, with a focus on IFRS9/IRB/Stress Test models, for the countries within Santander Consumer Finance's scope.

We need someone like you to help us in different fronts:

1. Development of risk models (capital, provisions and stress test) plan and execute models workplans agreed with different sponsors; develop models according to internal standards and guidelines, different sponsors needs and regulatory requirements, subject to data availability and data Quality; document and deliver the materials according to internal Group/local standards; support/participate during implementation phase (pre-production, allocation, etc); securitization processes support; etc.  

2. Monitoring of risk models performance and report: execute and/or support the execution of monitoring reports; analyse the results of the monitoring on a proper and timely manner, proposing the actions which are needed in each case.

3. Maintenance of Risk models: assure an adequate maintenance of models in force executing the actions which are needed in each case (recalibrate, adjust, time window updates, etc) according to the results of the models monitoring, internal standards and different sponsors needs.

4. Governance of risk models: accompany the governance processes and supervisory exercises (Internal Validation, Internal Audit, ECB/NCAs), assuring that the recommendations/obligations related to the development and maintenance of models are met on a proper and timely manner.

5. Transformation and evolution projects: participate and/or sponsor local and global projects related to the digital transformation strategy in SCF (Data as a Service, migrations to new platforms, bottom up approaches in stress models, industrialization/automation, etc).

6. Adaptation of standards and guidelines to SCF idiosincracy and propose new ones for digital approaches.

EXPERIENCE

At least 4 years of experience in IFRS9/IRB/Stress Test modelling.

EDUCATION

Quantitative education oriented

• Mathematics, Statistics, Engineering, Physics,Economics.
• Master in Quantitative Finance / Banking or similar.

SKILLS & KNOWLEDGE

• Knowledge on IFRS9 and IRB modelling and regulation (CRR, EBA guidelines, etc.)
• Team work; multicultural environments
• Management skills valuable (PMI, Agile, etc);
• High level of programming skills in different languages (SAS, Python, R, Others)
• Fluent English (C1), spoken and written.

If you want to know more about us, follow us on https://es.linkedin.com/company/banco-santander