Job Description
Santander is a global leader and innovator in the financial services industry, evolving into a technology-driven organization. The Specialist in Pricing & Credit Model Development participates in developing and maintaining sophisticated empirical models for a nonprime auto lender, focusing on data analysis and model construction to support decision-making processes. Responsibilities Participates in the construction 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 Assists in developing 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 Ensures modeling projects are conducted in accordance with established company policies and generally-accepted mathematical modeling practices Encapsulates analytic findings into executive-level summary documents to support senior management decision-making Utilizes data mining and statistical techniques to develop analytic insights, sound hypotheses, and informed recommendations Liaisons internal and external teams to define requirements and ensure the timely and accurate delivery of data elements for analytic projects Skills 0+ Years Auto Finance industry experience Thorough knowledge of credit policy rules, state and federal regulations and application processing systems is required Working business knowledge of credit application systems and DMS providers Demonstrated ability to understand high level financial and process concepts, and create product process roadmaps Ability to formulate and present clear and persuasive presentations, proposals, and project plans Ability to explain statistical concepts to a business audience Excellent written and verbal communication skills Excellent interpersonal skills Ability to maintain confidentiality Bachelor's Degree or equivalent work experience: Business, Finance, or equivalent degree 0+ Years Sales experience with automotive finance lender strongly preferred Sales experience with automotive finance lender strongly preferred Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education Experience in Microsoft Office products Company Overview Banco Santander is a banking firm that specializes in various banking services including retail, commercial, digital, & investment banking. It was founded in 1857, and is headquartered in Boadilla Del Monte, Madrid, ESP, with a workforce of 10001+ employees. Its website is