Santander
Finance
CreditRiskModelDevelopmentManager(IFRS9/IRB)
Neural analysis suggests this role is
optimal for Senior candidates.
“Credit Risk Model Development Manager (IFRS9 / IRB) at Santander. Skills: Credit Risk Model Development, IFRS9, IRB, Stress Testing, R, Python, SAS. End-to-end model development. Management of internal and consulting teams”
What You'll Achieve.
Contribute to more people and companies thriving; Lead a customer-centric transformation; Develop end-to-end models; Adapt models to current environment, credit management policies, and recovery policies; Develop stress test models; Adequately calculate losses; Include macroeconomic scenarios in IFRS9 models; Align IFRS9 models with IRB methodologies; Provide functional support; Provide technical review; Document estimation process; Manage and resolve recommendations; Support and interact with involved areas and regulators; Report results to senior management
Industry & Context.
Management and resolution of recommendations (AI, VI, AE)
What They're Looking For.
Must Have
10 years of experience in similar roles and functions, Experience developing end-to-end models under PD, LGD, EAD and prepayment parameters under IFRS9/IRB regulations, Experience in team management, Degree in Engineering/Mathematics/Statistics/Physics/Economics, Programming in SAS/R/Python, Knowledge in IRB/IFRS9/Stress Test risk parameter modeling, Knowledge in accounting and/or prudential regulations
Nice to Have
High level of English
What You'll Do.
End-to-end model development
Management of internal and consulting teams
and prepayment parameters under IFRS9 regulations
Adapting existing models to changes in the current environment
credit management policies
and recovery policies
Development of stress test models under macroeconomic
or management scenarios
Deepening understanding of portfolios to adjust loss calculation
Analysis for the inclusion of macroeconomic scenarios in IFRS9 models
Interpretation and application of regulations
and corporate standards to Santander Spain portfolios
Evaluation of impact and coherence for alignment of IFRS9 models with IRB methodologies
Use of new work tools for model development: R
machine learning techniques
and advanced algorithms
Functional support for the most relevant topics
Technical review for other team members/consulting teams
Functional and technical documentation of the estimation process
Management and resolution of recommendations (AI
Support and interaction with different involved areas and regulators
Reporting results to senior management
How You'll Work.
Team & Collaboration
Management of internal and consulting teams; Functional support and technical review to other team members/consulting teams; Support and interaction with different involved areas and regulators
Communication Scope
Reporting results to senior management; Support and interaction with different involved areas and regulators
Process & Methodology
End-to-end model development, Management of teams, Management and resolution of recommendations
Full Job Description
Credit Risk Model Development Manager (IFRS9 / IRB) Country: Spain **ES EL MOMENTO** Santander ([www.santander.com](http://www.santander.com/)) está evolucionando de ser una **marca global de alto impacto** a una organización **impulsada por la tecnología** , y las personas están en el centro de este camino. Juntos, estamos liderando una **transformación centrada en el cliente** que valora el **pensamiento disruptivo** , la valentía de desafiar lo posible y la capacidad de **innovar**. Esto es más que un cambio estratégico: **es una oportunidad para crecer, aprender y generar un impacto real**. Nuestra misión es contribuir a que más **personas y empresas prosperen**. Adoptamos una sólida cultura de riesgos y esperamos que todos nuestros equipos asuman un enfoque proactivo y responsable en la gestión del riesgo. **EL IMPACTO QUE GENERARÁS** Estamos buscando un/a **Credit Risk Model Development Manager (IFRS9 / IRB)** para el equipo de Riesgos basados en **MADRID.** Estamos redefiniendo nuestra forma de trabajar a través de la innovación, la tecnología de última generación, la colaboración y la libertad de explorar nuevas ideas. En este puesto, tus principales responsabilidades incluirán: \- Desarrollo de modelos end to end y gestión de equipos tanto internos como de consultoría \- Modelizar parámetros de PD, LGD, EAD y prepagos bajo normativa IFRS9, adaptando los modelos vigentes a los cambios en el entorno actual, las políticas de gestión de crédito y de recuperaciones. \- Desarrollo de modelos de stress test bajo escenarios macroeconómicos, climáticos, análisis sectorial o de gestión. \- Profundizar en el conocimiento de las carteras para adecuar el cálculo de las pérdidas. \- Análisis para la inclusión de escenarios macroeconómicos en los modelos de IFRS9. \- Interpretación y aplicación de la normativa, regulación y estándares corporativos a las carteras de Santander España. \- Evaluación de impacto y coherencia para alineamiento de modelos IFRS9 con metodologías
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