USA Sr. Specialist, Model Development (Remote-Texas)

• USA Sr. Specialist, Model Development (Remote-Texas)
• Country: United States of America
• It Starts Here

Santander is a global leader and innovator in the financial services industry and is evolving from a high-impact brand into a technology-driven organization.

Our people are at the heart of this journey and together, we are driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what’s possible.

This is more than a strategic shift.

It’s a chance for driven professionals to grow, learn, and make a real difference.

We want to talk to you!

The Difference You Make

The Sr.

Specialist, Model Development is responsible for developing and maintaining sophisticated empirical models—including credit scoring models—for a nonprime auto lender.

The position is highly quantitative in nature and requires an individual capable of taking a “hands on” approach to data analysis.

This position is furthermore responsible for summarizing and reporting information to a variety of internal and external clients.

Quantitative Modeler II is expected to interact with many other departments in the interest of achieving the overall company objectives.

• Participates in the construction of complex mathematical models—including credit origination, pricing and customer behavior scorecards—directly supporting critical decision‑making processes and the company’s overall understanding of its business, the markets within which it operates, and its customers.
• Develops the underlying assumptions, theory, empirical evidence, and conceptual soundness of statistical and mathematical models.
• Applies statistical techniques to analyze trends and uncover risks and opportunities relative to portfolio management and originations.
• Uses internal and external data sources to create robust model development datasets.
• Ensures modeling projects are conducted in accordance with established company policies and generally accepted mathematical modeling practices.
• Identifies modeling needs and communicates them to the Director of Quantitative Modeling.
• Assesses department procedures for accuracy and completeness.
• Utilizes data mining and statistical techniques to develop analytic insights, sound hypotheses, and informed recommendations.
• Encapsulates analytic findings into executive‑level summary documents to support senior management decision‑making.
• Liaisons with IT and other internal teams to define requirements and ensure the timely and accurate delivery of data elements for analytic projects.
• Provides requisite information in support of independent model validation activities.
• Develops a thorough understanding of the firm’s operations and business practices.
• Supports model validation and documentation of models in accordance with Santander Consumer USA internal policies and U. S. Federal Reserve regulations (SR 11‑07).

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: Statistics, Economics, Operations Research, Applied Mathematics, or a related quantitative discipline (required).
• Master’s Degree in a related discipline (preferred).
• Ph. D. in a related discipline (preferred).
• 3 + years of analytics experience in the financial services industry (required).
• 3 + years of indirect subprime auto financial services industry experience (preferred).
• 3 + years of prior experience developing credit scoring models (preferred).
• Familiarity with logistic regression, segmentation and variable reduction techniques, hypothesis testing, neural networks, design of experiments, ANOVA, decision trees, and linear regression.
• Prior experience working with credit bureau data (strongly preferred).
• Prior experience using Python, SAS, or SQL.
• Ability to use SQL and Python to extract data from multiple sources.
• Ability to merge, concatenate, and prepare extremely large datasets for statistical analysis and model development.
• Ability to create complex pivot tables in MS Excel.
• Ability to explain advanced mathematical concepts, techniques, and analyses to a business audience.
• Ability to translate analysis into a clear business plan.
• Strong written and verbal communication skills.
• Ability to maintain confidentiality.

Certifications

• No certifications listed for this job.
• It Would Be Nice For You To Have
• Established work history or equivalent evidence through work experience, training, military service, or education.
• Experience in Microsoft Office products.
• What Else You Need To Know

Base Pay Range

• Minimum: $65,625.00 USD Maximum: $145,000.00 USD
• We Value Your Impact

Your contribution matters and it’s recognized.

You can expect a fair and competitive rewards package that reflects the impact you create and the value you deliver.

We know rewards go beyond numbers.

Offering more than just a paycheck, our benefits are designed to support you, your family and your well-being, now and into the future.

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.

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