Senior Model Development Analyst Job at Santander Holdings USA Inc
Dallas, United States of America
WHAT YOU WILL BE DOING
This is a hybrid position that will have time working both remote and in the office. The reporting corporate office location for this role is in Dallas.
The Senior Model Development Analyst (Associate) is responsible for supervising the development and maintenance of 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.
Essential Functions/Responsibility Statements:
Researches, develops and implements competitive pricing programs and/or banking products and services for various lines of business to appropriately price based on risk, deposit, or credit goals while maintaining profitability.
Continuously monitors the market and competitor strategies to ensure pricing is in line to provide consumers and/or clients a fair price while maintaining market share and/or deposit levels.
Plans, directs and facilitates all phases of the pricing strategy changes from inception through introduction into the marketplace.
Ensures products meet regulatory and industry standards.
Supervises the development of complex mathematical models – including credit origination and customer behavior scorecards - which directly support critical decision making processes and the company’s overall understanding of our business, the markets within which we operate, and our 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.
Qualifications:
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.
Education:
Bachelor's Degree or equivalent work experience
Work Experience:
5+ years; Analytics in Financial Services Industry.
Skills and Abilities:
Demonstrated experience with logistic regression models, 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.
Prior experience using SAS, particularly SAS base, SAS/STAT, PROC SQL, and SAS Macro programming. Additional knowledge of R preferred.
Demonstrated ability to use SQL and SAS to extract data from multiple data sources.
Demonstrated ability to merge, concatenate, clean, and prepare extremely large datasets for statistical analysis and mathematical model development.
Demonstrated ability to create complex pivot tables in MS Excel.
Ability to effectively explain advanced mathematical concepts, techniques, and analyses to a business audience.
Working Conditions:
Frequent Minimal physical effort such as sitting, standing and walking. Occasional moving and lifting equipment and furniture is required to support onsite and offsite meeting setup and teardown.
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 at any time for any reason.
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.
#LI-JL1 Bachelor of Science (BS) English
Primary Location: Dallas, Texas, United States of America
Other Locations: Texas-Dallas
Organization: Santander Consumer USA Inc.
Please Note :
dgeus.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, dgeus.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.
WHAT YOU WILL BE DOING
This is a hybrid position that will have time working both remote and in the office. The reporting corporate office location for this role is in Dallas.
The Senior Model Development Analyst (Associate) is responsible for supervising the development and maintenance of 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.
Essential Functions/Responsibility Statements:
Researches, develops and implements competitive pricing programs and/or banking products and services for various lines of business to appropriately price based on risk, deposit, or credit goals while maintaining profitability.
Continuously monitors the market and competitor strategies to ensure pricing is in line to provide consumers and/or clients a fair price while maintaining market share and/or deposit levels.
Plans, directs and facilitates all phases of the pricing strategy changes from inception through introduction into the marketplace.
Ensures products meet regulatory and industry standards.
Supervises the development of complex mathematical models – including credit origination and customer behavior scorecards - which directly support critical decision making processes and the company’s overall understanding of our business, the markets within which we operate, and our 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.
Qualifications:
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.
Education:
Bachelor's Degree or equivalent work experience
Work Experience:
5+ years; Analytics in Financial Services Industry.
Skills and Abilities:
Demonstrated experience with logistic regression models, 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.
Prior experience using SAS, particularly SAS base, SAS/STAT, PROC SQL, and SAS Macro programming. Additional knowledge of R preferred.
Demonstrated ability to use SQL and SAS to extract data from multiple data sources.
Demonstrated ability to merge, concatenate, clean, and prepare extremely large datasets for statistical analysis and mathematical model development.
Demonstrated ability to create complex pivot tables in MS Excel.
Ability to effectively explain advanced mathematical concepts, techniques, and analyses to a business audience.
Working Conditions:
Frequent Minimal physical effort such as sitting, standing and walking. Occasional moving and lifting equipment and furniture is required to support onsite and offsite meeting setup and teardown.
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 at any time for any reason.
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.
#LI-JL1 Bachelor of Science (BS) English
Primary Location: Dallas, Texas, United States of America
Other Locations: Texas-Dallas
Organization: Santander Consumer USA Inc.
Please Note :
dgeus.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, dgeus.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.