The Risk Model Validation Associate will conduct independent validation of models used in alignment with SR 11-7, US supervisory guidance, and internal model risk standards
Job Summary
The Risk Model Validation Associate will conduct independent validation of models used in alignment with SR 11-7, US supervisory guidance, and internal model risk standards.
This role is responsible for delivering robust model validations, effective challenge, and governance support across a wide variety of models while helping ensure transparent remediation and ongoing model health.
Santander offers a fair and competitive rewards package that reflects the impact you create and the value you deliver, including benefits designed to support your well-being.
Matching Summary
The Risk Model Validation Associate will conduct independent validation of models used in alignment with SR 11-7, US supervisory guidance, and internal model risk standards.
Salary
Base: $90,000.00 - $170,000.00 USD; Bonus/Equity: Not specified; Benefits: Comprehensive rewards package including family and well-being support
Skills & Requirements
Must-have
5+ years model development experience
Advanced quantitative skills
SR 11-7 regulatory compliance knowledge
Scorecard or loss provisioning models
Nice-to-have
Master's degree in Statistics
Strong project management skills
Ability to lead and influence peers
Detail-oriented strategic thinker
Key Requirements
Bachelor's Degree in Statistics, Economics, Mathematics
5+ years of experience in model development and/or validation
Must be legally authorized to work in the United States without sponsorship