Quantitative Analyst for the Validation of Non
Banco Santander
Madrid, Spain
hace 16 horas

Quantitative Analyst for the Validation of Non-Financial Models - RIESGOS

Boadilla del Monte, Spain

WHAT YOU WILL BE DOING

RIESGOS is looking for a QUANTITATIVE ANALYST FOR THE VALIDATION OF NON-FINANCIAL MODELS, based mainly in our BOADILLA DEL MONTE offices.

WHY YOU SHOULD CONSIDER THIS OPPORTUNITY

Credit Risk, Interest Rate Risk, liquidity risk, operational risk, reputational risk There are many types of risks, that's why it analysis and quantification is key for our purpose of being a Simple, Personal and Fair bank.

Working on risks means doing it from a managment perspective that contributes to the sustainable progress of people and companies.

Santander is proud of being an organization where there are equal opportunities regardless of gender identity, culture and disability.

Our mission is to contribute to help more people and business prosper.

WHAT YOU WILL BE DOING

As a Quantitative Analyst for the Validation of Non-Financial Models , you will doing the independent validation of those models from the Economic Research area (forecasting), Compliance, Insurance, Operational risk and Pensions.

The modelling techniques include a rich variety of mathematics, ranging from statistics, stochastic processes, differential geometry, algebra or Machine Learning techniques.

We need someone like you to help us on different fronts :

  • The analysis of the following key areas : Mathematical model foundations, model performance and sensitivities, model infrastructure, data and model usages.
  • Most of the analysis is based on our own challenge models (Python) plus a close interaction with the model owners and users of all geographies in Santander.

    Besides, there is a fluent communication with the Internal and External Audit functions as well as with other validation hubs.

  • As part of the Risk function (2nd LoD), the aforementioned analysis is embedded within the model risk assessment and concludes with a validation report (normally built with LaTeX), findings and a model risk rating.
  • The non-financial unit fosters a collaboration atmosphere, open environment, constant innovation, accuracy and attention to detail.
  • Being on the edge is key to the function, so the team regularly prepares internal courses and seminars on relevant research topics.

    WHAT WE ARE LOOKING FOR

    EXPERIENCE

  • 2 years of experience.
  • Required

  • University studies with a very strong background in mathematics and computer science; also valuable are economy and actuarial sciences.
  • Desired

  • PhD and publications would be advantageous.
  • Required

  • High level in designing and coding in some programming language, preferably Python.
  • Proficiency in English, both written and spoken.
  • Self-motivated person, completely result-oriented with focus on automation and quality.
  • Ability to work well both independently and collaboratively as a member of the team.
  • Will to keep up with the latest research and prepare internal presentations and seminars.
  • Ability to effectively communicate, find the appropriate language and interact with a varied audience.
  • Desired

  • Some Regulatory knowledge such as Basel or Solvency would be a plus.
  • WHAT WE OFFER YOU

    Welcome to #TheSantanderEffect. Here, with only a small action or a simple idea, you can do great things. We offer you the advantages and the means to contribute to the progress of more than 140 million people around the world.

    These are the key factors that multiply the actions of all our employees :

  • Meaningful Impact - Where the effect of your work makes a difference and helps people to prosper
  • Personal and Professional Growth - The chance to develop through world-class training, challenging work, and different roles
  • Respect - Be part of an organization that cares about its people, its wider community, and the environment
  • Co-worker quality - Work with inspiring professionals who are leaders in their field
  • Global stability - Work for a solid global organization that has successfully reinvented itself many times in its 160- year history.
  • Ubicación principal : ES-MD-M-Boadilla del Monte

    Familia funcional : 0.Risks

    Organización : BANCO SANTANDER

    Nombre de contacto - Interno : España Talent AcquisitionCorreo electrónico de contacto - Interno : talentacquisition gruposantander.com

    WHAT WE ARE LOOKING FOR

    COMPETENCIES

    Accuracy and Attention to Detail (Working Knowledge), Analytical Thinking (Working Knowledge), Business translation (Working Knowledge), Communicating Complex Concepts (Working Knowledge), Conceptual Thinking (Working Knowledge), Cross-Team Integration (Working Knowledge), Market Risk (Working Knowledge), Open Systems and Platforms (Working Knowledge), Programming (Working Knowledge), Quantitative Techniques (Working Knowledge), Regulatory Environment - Financial Services (Working Knowledge), Repository Tools (Working Knowledge)

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