Model Validation - Market Risk Data Analytics & Models Analyst
Country: Spain
**WHAT YOU WILL BE DOING**
**Banco Santander is looking for a IRRBB/Liquidity Models Analyst based in our Boadilla del Monte office.**
**WHY YOU SHOULD CONSIDER THIS OPPORTUNITY**
Credit Risk, Interest Rate Risk, liquidity risk, operational risk, reputational riskThere 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 management 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. 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.
**WHAT YOU WILL BE DOING
The Structural Market Risk model validation team that you will be part of is responsible for the independent validation of the IRRBB and Liquidity models of the Group.
We need someone like you to help us in different fronts:
Conduct analysis to understand the models, their uses and their assumptions.
Develop independent contrast models and design tests of adequacy of theoretical hypotheses and to challenge models.
Assess adequate implementation of models in production systems.
Provide an independent view on model appropriateness and communicate it effectively to a variety of internal and external stakeholders.
Engage in a continuous and fluent relationship with different stakeholders.
Contribute and improve the current validation standards and own infrastructure.
**EXPERIENCE**
2 years
**EDUCATION**
Bachelor degree in Physics, Mathematics, Statistics, Engineering, Economics or Actuarial Science
**SKILLS & KNOWLEDGE**
Experience in use/implementation of ALM and/or Liquidity Models. Experience in the use of MAT, Bancware, QRM or any other vendor or in-house ALM tools will be a plus. Working knowledge of some computer language. Python or R will be a plus. Fluent English
**Idiomas**:
- Spanish