Risk Model Validation Associate – Auto Finance

Santander • Dallas, TX

1d • $90,000 - $170,000 • Onsite

About The Position

The Risk Model Validation Associate will conduct independent validation of models used in alignment with SR 11-7, US supervisory guidance, and internal model risk standards. This role is responsible for delivering robust model validations, effective challenge, and governance support across a wide variety of models while helping ensure transparent remediation and ongoing model health.

Requirements

• Bachelor's Degree in Statistics, Economics, Mathematics, or another relevant field of study, or equivalent demonstrated through a combination of work experience, training, military service, or education – Required.
• 5+ years of experience in model development and/or validation – Required.
• Advanced quantitative skills.
• Demonstrated practical modeling experience.
• Strong analytical, problem-solving, and critical thinking skills.
• Strong project management skills.
• Strong written and verbal communication skills.
• Ability to analyze risk and design efficient control practices to minimize risk.
• Ability to lead, influence, and direct peers, subordinates, and management.
• Ability to build and foster internal relationships.
• Ability to multitask and meet strict deadlines.
• Ability to adapt to new developments and changing circumstances.
• Ability to convey a sense of urgency and drive.
• Detail-oriented with the ability to also understand overall strategy.
• Applicants must be legally authorized to work in the United States on a full-time basis without requiring employer sponsorship to commence employment.

Nice To Haves

• Master's Degree or PhD in Statistics, Economics, Mathematics, or another relevant field of study, or equivalent demonstrated through a combination of work experience, training, military service, or education – Preferred.
• Experience with scorecard or loss provisioning models – Preferred.
• Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.

Responsibilities

• Evaluate model assumptions, limitations, and weaknesses, and document validation results with clear recommendations to address identified issues.
• Conduct robust validations of a wide variety of models against established standards, including benchmark, challenger, and replication models where applicable.
• Partner with model owners and developers to understand the business context for model use, provide technical guidance, and strengthen the model development and validation process.
• Manage remediation of validation findings with model owners and developers to support timely and effective resolution.
• Monitor ongoing model performance, assess overall model health, and support annual reviews and related governance responsibilities.

Benefits

• A fair and competitive rewards package that reflects the impact you create and the value you deliver.
• Benefits are designed to support you, your family and your well-being, now and into the future.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level