Your Journey Starts Here:

Santander is a global leader and innovator in the financial services industry. We believe that our employees are our greatest asset. Our focus is on fostering an enriching journey that empowers you to explore diverse career opportunities while nurturing your personal growth. We are committed to creating an environment where continuous learning and development are prioritized, enabling you to thrive both professionally and personally. Here, you will find ample opportunities to connect and collaborate with talented colleagues from around the world, sharing insights and driving innovation together. Join us at Santander, where you are supported by a culture of engagement and a commitment to your success.

An exciting journey awaits, if you are interested in exploring the possibilities We Want to Talk to You!

The Difference You Make:
The Director, Risk Modeling is responsible for leading and overseeing projects associates with the Company's quantitative models, model design, and model misuse of a model or its output. The incumbent is responsible for executing model risk management activities consistent with the framework, industry best-practice and regulatory guidance.

• 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.

What You Bring:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Bachelor's Degree or equivalent work experience: Mathematics, Physics, Statistics or equivalent quantitative field. - Required.
Master's Degree Mathematics, Physics, Statistics or equivalent quantitative field. - Preferred.
Ph.D. Mathematics, Physics, Statistics or equivalent quantitative field. - Preferred.

12+ Years Risk Management, Risk Modeling, AML - Required.
9+ Years Financial Services Industry. - Preferred.

• Comprehensive knowledge of front to back risk mgmt. processes, including: Operational risk, Risk identification, assessment, mitigation and control, Governance and reporting, Monitoring and testing, Operational risk modeling, capital calculation.
• Knowledge of banking regulatory environment and impact on risk, management practices.
• Successful track record in achieving outstanding levels of delivery, performance, challenge, and oversight.
• Demonstrated stress testing techniques.
• Demonstrates an informed perspective on Market environment, future trends, and emerging.
• Ability to lead complex projects with outstanding awareness of the Operational Risk associated.
• Adherence to the Code of Conduct, assigned Risk Tolerance or Mandates and all organizational policies and procedures applicable.
• Strong negotiation and presentation skills.
• Superior project management skills.
• Strong quantitative skills and practical modeling experience.

Certifications:
No Certifications listed for this job.

It Would Be Nice For You To Have:
Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.

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.

Link to Santander Benefits:

Santander Benefits - 2025 Santander OnGoing/NH eGuide (foleon.com)

Risk Culture:

We embrace a strong risk culture and all of our professionals at all levels are expected to take a proactive and responsible approach toward risk management.

EEO Statement:

At Santander, we value and respect differences in our workforce. We actively encourage everyone to apply. Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status or any other characteristic protected by law.

Working Conditions:

Frequent minimal physical effort such as sitting, standing and walking is required for this role. Depending on location, occasional moving and lifting light equipment and/or furniture may be required.

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.

What To Do Next:

If this sounds like a role you are interested in, then please apply.

We are committed to providing an inclusive and accessible application process for all candidates. If you require any assistance or accommodation due to a disability or any other reason, please contact us at TAOps@santander.us to discuss your needs.

Primary Location: Boston, MA, Boston

Other Locations: Massachusetts-Boston

Organization: Santander Holdings USA, Inc.