Sr. Analyst, Risk Modeling - PPNR

Sr. Analyst, Risk Modeling - PPNR

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.

If you are interested in exploring the possibilities We Want to Talk to You!

The Difference You Make:
The Sr. Analyst, Risk Modeling supports the development, execution, and governance of stress testing and capital planning models, with a focus on PPNR forecasting under CCAR and internal stress testing frameworks. The role ensures models are robust, well-documented, and aligned with regulatory and governance standards.

• Support the development, estimation, and enhancement of PPNR forecasting models used in CCAR and internal stress testing.

• Conduct regression and time-series modeling, including variable selection, sensitivity analysis, and stability testing under supervisory and internal stress scenarios.

• Execute stress scenario model runs and support production processes related to CCAR submissions and capital planning cycles.

• Perform backtesting and model performance monitoring, including analysis of forecast accuracy, bias, and stability across economic environments.

• Prepare and maintain comprehensive model development documentation in accordance with Model Risk Management and regulatory standards.

• Support model validation, internal audit, and regulatory examinations by preparing technical materials and responding to inquiries.

• Ensure adherence to model governance standards, including version control, change management, and control enhancements.

• Contribute to improvements in modeling frameworks, including enhancements to data sourcing, automation, efficiency, and controls.

• Analyze and communicate modeling results to senior management, governance committees, and regulatory stakeholders.

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, Mathematics, Economics or equivalent quantitative discipline. - Required.

Master's Degree: Statistics, Mathematics, Economics or equivalent quantitative discipline. - Preferred.

3+ Years Risk Management, Risk Modeling - Required.

• Strong foundation in econometric and statistical modeling techniques, including regression and time-series analysis, with experience developing forecasting models using large datasets for stress testing or risk management.      

• Experience performing model diagnostics, backtesting, stability testing, and sensitivity analysis, with the ability to assess both statistical validity and economic intuition of model outputs.      

• Proficiency in SQL, Python, or SAS for data extraction, transformation, and model development.      

• Familiarity with CCAR, DFAST, ICAAP, or enterprise stress testing frameworks.

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Knowledge of banking products, revenue drivers, and their behavior across economic cycles.    

• Ability to independently own model components from development through performance monitoring and documentation within a governance-driven environment.

• Strong analytical skills with the ability to interpret complex data and translate quantitative results into clear business insights.

• Strong verbal and written communication skills, including technical documentation and regulatory-facing materials.

• Ability to manage multiple priorities and adapt to changing project demands while working both independently and collaboratively.

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.

• Experience in Microsoft Office products.

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.

Base Pay Range:

Minimum:

$65,625.00 USDMaximum:

$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. Santander Benefits - 2026 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 [email protected] to discuss your needs.