Banco Santander is seeking a specialist in risk modeling to join their new risk methodology team in Spain. The role involves developing advanced credit risk models, stress test models, and participating in the bank's risk management and financial projection strategies.
As a Model Specialist, you will be responsible for constructing provisions models under IFRS9 standards and stress test models that comply with regulatory requirements from the European Banking Authority (EBA). Your primary responsibilities will include developing advanced risk modeling techniques, utilizing big data environments, and applying sophisticated modeling techniques.
The ideal candidate will have strong technical skills in risk modeling, programming (R/Python), and macroeconomic analysis. You should have deep knowledge of IRB/IFRS9/Stress Test parameter modeling, proficiency in econometric techniques, and experience with machine learning algorithms. Advanced understanding of financial regulations, climate risk modeling, and corporate standards is crucial.
Santander offers a dynamic work environment that contributes to the progress of individuals and businesses. The role provides an opportunity to work with cutting-edge financial modeling techniques, collaborate with a growing team, and have a significant impact on the bank's risk management strategies. You will have the chance to develop advanced models, interact with various departments, and report directly to senior management.
