Director, Risk Modeling

Santander Consumer   •  

Dallas, TX

Industry: Accounting, Finance & Insurance

  •  

8 - 10 years

Posted 57 days ago

This job is no longer available.

Ensures adherence to the policies and procedures established by the company. Manages policy, standard definition and monitoring of policy, standard implementation, ensuring harmonization and consistency of risk policies. Monitors and manages risk/exposure and compliance with the company’s policies. Identifies, manages and reports on the company’s risk areas. Evaluates the adequacy and effectiveness of data, document retention, and monitors systems.

Summary of Responsibilities:

The Director, Risk Modeling drives the success of operational and strategic objectives with oversight and execution of risk modeling and analytics projects and activities.

Essential Functions:

  • Collaborates with senior leadership to allocate the groups budget.
  • Drives the success of operational and strategic objectives with oversight and execution of analytical modeling and analysis projects.
  • Recommends and takes action to direct the analysis and solution of problems identified in project plans and assignments.
  • Defines and validates business definitions for key risk data elements in related domains.
  • Develops and implements new risk modeling operating processes, metrics, and programs for the team.
  • Monitors risk-based compliance programs to assure compliance with federal, state, legal and regulatory requirements.
  • Assembles project plans, procedures, teamwork assignments, monitors work efforts on a daily basis, identifies resource needs, performs quality reviews, and escalates functional, quality, and timeline issues appropriately.
  • Prepares timely, accurate, and meaningful reporting to senior management regarding important risk modeling, analytics and trends.
  • Runs queries on existing models to evaluate risk analytics and analyze risk trends.
  • Uses risk modeling and data to visualize and arrive at relationships between key business concepts.
  • Manages the operating policies, and standards for the Risk Modeling, Decision Science, and Data function.
  • Manages the production and reporting for the team.
  • Recommends changes to policies, procedures, limits, concentrations, and regulations based on data yielded from analytical reporting.
  • Provides guidance on risk and compliance procedures and policies as needed.
  • Enforces and ensures Risk Modeling, Decision Science and Data policies, practices and procedures are understood and followed by direct reports, customers, and stakeholders.
  • Communicates direction from senior leadership to team.
  • Sets goals and articulates objectives for team members in alignment with departmental objectives.
  • Manages independent Risk Modeling, Decision Science, and Data professionals.
  • Reviews summary reports, prepares final reporting, and participates in the communication of review findings to business lines and senior management.
  • Communicates direction from senior leadership to team.

Other Functions:

  • Other duties as assigned.

Supervisory Responsibilities:

Manages subordinate managers and professional staff. Is responsible for the strategic guidance, development and evaluation of employees. Carries out supervisory responsibilities in accordance with Santander’s policies and applicable laws.

Requirements:

  • Education –
    • Bachelor’s Degree: Mathematics, Physics, Statistics or equivalent quantitative field.
    • or equivalent work experience
    • Master’s Degree: Mathematics, Physics, Statistics or equivalent quantitative field.
  • Experience –
    • 9-12 years
  • Skills & Abilities –
    • Advanced knowledge of statistical applications within Financial Services to interpret data requests and identify risk data analytics opportunities.
    • Advanced risk, process, and control validation and/or assessment skills.
    • Advanced Microsoft Excel skills.
    • Demonstrated technical expertise of modeling techniques, statistical analysis techniques and tools, and various databasearchitectures.
    • Demonstrated management and leadership skills.
    • Ability to build rapport, garnering respect and credibility across lines of business.
    • Ability to influence all levels of employees in a collaborative cross-cultural environment.
    • Ability to handle multiple competing priorities simultaneously in a fast-paced and dynamic financial services environments.
    • Ability to direct, train and guide peers, subordinates and management.
    • Ability to handle conflict resolution with other groups to ensure appropriate accounting guidance is followed.
    • Ability to influence and active persuasion to gain cooperation of others.
    • Ability to adjust to new developments/changing circumstances.
    • Ability to effectively communicate and build relationships with multiple levels of the organizational structure, including senior level management.
    • Ability to foster and embed a strong risk culture.
    • Ability to maintain and report on confidential information in an appropriate manner.
    • Ability to convey a sense of urgency and drive issues/projects to closure.
    • Excellent written and oral communication skills.