What are the responsibilities and job description for the Model Risk Validation Associate - Corporate & Investment Banking position at Santander?
Model Risk Validation Associate - Corporate & Investment Banking
Country : United States of America
The Associate, Risk Modeling is responsible for executing model risk management activities consistent with the enterprise model risk management framework, industry best-practice and regulatory guidance.
- Executes model risk management / validation activities consistent with the enterprise model risk management framework, industry best-practice and regulatory guidance.
- Assesses risk model conceptual soundness.
- Evaluates model assumptions and data integrity.
- Tests models numerical, statistical, and computational accuracy.
- 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.
Qualifications :
At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams. 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.
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 at any time for any reason.
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.
Base Pay Range
Minimum : 90,000.00 USD
Maximum : 165,000.00 USD
Salary : $165,000
