Senior Financial Risk Analytics Engineer

Posted 4 Days Ago
Be an Early Applicant
5 Locations
In-Office
109K-180K Annually
Senior level
Financial Services
The Role
Designs and maintains credit loss models, analytical solutions, data workflows, automated pipelines, reports, and dashboards supporting CECL, stress testing, underwriting, reserving, forecasting, and risk management. Partners with Finance, Risk, IT, Data Management, and business teams to translate requirements into scalable solutions. Documents model development, testing, governance, and regulatory compliance activities while addressing data quality and reporting challenges.
Summary Generated by Built In
Senior Financial Risk Analytics Engineer

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 Senior Financial Risk Analytics Engineer plays a critical role in supporting the Bank’s reserving, stress-testing, underwriting, and financial forecasting activities. This position is responsible for designing, developing, maintaining, and enhancing data workflows, analytical solutions, and credit loss models that support regulatory compliance, risk management, and strategic decision-making. Working closely with Finance, Risk, IT, Data Management, and business partners, this role transforms complex business requirements into scalable analytical and technology solutions that drive actionable insights across the organization.

 

Position Summary

  • Research, scope, and manage the business requirements, workflows, data needs, resource requirements, and implementation plans for CECL credit loss models supporting stress-testing, reserving, and underwriting activities.
  • Design, develop, code, implement, and maintain analytical models and supporting infrastructure.
  • Develop and maintain expert knowledge of Webster’s data systems, databases, tools, and reporting environments.
  • Design, build, and maintain robust data workflows and automated processes that support forecasting, reserving, and risk management activities.
  • Collaborate with IT, Data Management, Finance, Risk, and business partners to develop and enhance analytical solutions and reporting capabilities.
  • Create user-friendly reports, dashboards, and data visualizations to support decision-making and performance monitoring.
  • Anticipate, identify, and resolve data quality, workflow, and reporting challenges.
  • Maintain comprehensive workpapers, model documentation, testing results, and change management records in accordance with governance, audit, and regulatory requirements.
  • Author reports documenting model design, development, implementation, testing methodologies, and ongoing model enhancements.
  • Build and maintain strong relationships with Lines of Business, Finance, Risk, IT, and Data partners to ensure analytical and software development requirements are effectively delivered.
  • Lead and/or participate in Model Risk Management, Executive Management, Audit, Regulatory, and cross-functional planning meetings.
  • Support initiatives across one or more key areas including Research & Development, Quarterly Production, and Credit Scorecard development and maintenance.

 

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.

 

Education

  • Bachelor's degree in Computer Science, Engineering, Data Science, Information Systems, Mathematics, Statistics, Finance, Economics, or a related quantitative field. - Required
  • Master's degree in a quantitative discipline. - Preferred

 

Professional Experience

  • 10+ years of experience working with complex relational database management systems, including Oracle, SQL, or similar platforms. Required
  • 10+ years of software engineering, data engineering, or analytics experience within a commercial bank or financial institution. - Required
  • 5+ years of modeling, quantitative analytics, or financial analytics experience within a banking or financial services environment. - Perferred

 

Skills

  • Proficiency in SAS and R/Python or similar analytical programming languages. - Required
  • Experience designing, developing, and maintaining large-scale data workflows and automated data pipelines. - Required
  • Experience supporting reserving, stress-testing, underwriting, forecasting, or risk management solutions. Perferred
  • Experience participating in Model Risk Management, audit, regulatory examination, or governance processes. - Perferred
  • Experience developing relationships and collaborating with cross-functional stakeholders across Finance, Risk, IT, Data, and Business functions. Perferred
  • Experience with cloud-based computing platforms such as AWS, Azure, or GCP. - Preferred
  • Experience with full-stack software development and CI/CD pipeline implementation. - Preferred
  • Strong expertise working with relational databases, SQL development, and large-scale data infrastructures.
  • Experience designing and maintaining data orchestration workflows using tools such as Apache Airflow or similar platforms.
  • Knowledge of reporting, business intelligence, and dashboarding tools, including Tableau, Qlik Sense, or comparable solutions.
  • Understanding of commercial and consumer banking products, operations, processes, and risk management practices.
  • Knowledge of software engineering principles, coding standards, testing methodologies, and development best practices.
  • Strong analytical, quantitative, and problem-solving skills.
  • Knowledge of statistical modeling techniques, machine learning methodologies, optimization techniques, and predictive analytics.
  • Ability to gather, document, and translate business requirements into scalable technical solutions.
  • Strong organizational and time management skills with the ability to manage multiple priorities and deadlines.
  • Excellent verbal and written communication skills with the ability to convey complex technical concepts to non-technical stakeholders.
  • Demonstrated ability to work independently, conduct research, and develop innovative solutions.
  • Strong attention to detail, initiative, and commitment to delivering high-quality results.
  • Ability to identify opportunities for process improvements and recommend scalable solutions.

 

Certifications

No specific certifications required.

 

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.
  • Advanced knowledge of statistical theory, including linear models, categorical data analysis, time-series forecasting, optimization techniques, and machine learning methodologies.
  • Experience supporting CECL, stress-testing, underwriting, credit scorecards, or other regulatory modeling frameworks.
  • Experience with cloud-native analytics and modern data engineering architectures.
  • Proven ability to think creatively and develop innovative approaches to solving complex business and data challenges.

 

Work Authorization & Sponsorship

Applicants must be legally authorized to work in the United States on a full-time basis without requiring employer sponsorship to commence employment.

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:

$108,750.00 USD

Maximum:

$180,000.00 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.

Skills Required

  • Bachelor's degree in Computer Science, Engineering, Data Science, Information Systems, Mathematics, Statistics, Finance, Economics, or a related quantitative field
  • 10+ years of experience with complex relational database management systems, including Oracle, SQL, or similar platforms
  • 10+ years of software engineering, data engineering, or analytics experience within a commercial bank or financial institution
  • Proficiency in SAS and R, Python, or similar analytical programming languages
  • Experience designing, developing, and maintaining large-scale data workflows and automated data pipelines
  • 5+ years of modeling, quantitative analytics, or financial analytics experience within banking or financial services
  • Experience supporting reserving, stress testing, underwriting, forecasting, or risk management solutions
  • Experience participating in Model Risk Management, audits, regulatory examinations, or governance processes
  • Experience collaborating with Finance, Risk, IT, Data, and business stakeholders
  • Experience with cloud platforms such as AWS, Azure, or GCP
  • Experience with full-stack software development and CI/CD pipeline implementation
  • Experience designing and maintaining data orchestration workflows using Apache Airflow or similar platforms
  • Knowledge of reporting, business intelligence, and dashboarding tools such as Tableau or Qlik Sense
  • Knowledge of software engineering principles, coding standards, testing methodologies, and development best practices
  • Knowledge of statistical modeling, machine learning, optimization, and predictive analytics techniques
  • Understanding of commercial and consumer banking products, operations, processes, and risk management practices
  • Master's degree in a quantitative discipline

Santander Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Santander and has not been reviewed or approved by Santander.

  • Retirement Support — A dollar‑for‑dollar 401(k) match up to 6% of eligible pay and immediate vesting are highlighted as core strengths, supporting long‑term savings. This is reinforced by company‑paid disability and life/AD&D coverage that bolster financial security.
  • Leave & Time Off Breadth — Paid time off typically ranges from 18–30 days in the U.S. with 11 paid holidays, plus dedicated volunteer and development time; the UK features a minimum of 25 days with buy/sell options. Some roles also use self‑managed PTO, offering additional flexibility depending on team norms.
  • Parental & Family Support — U.S. parental benefits include 8 weeks paid for all parents and a total of 16 weeks paid for birth mothers, with flexibility for reduced hours around childbirth. Caregiver leave and dependent‑care programs add further family support.

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The Company
HQ: Boston, MA
136,172 Employees

What We Do

Banco Santander (SAN SM, STD US, BNC LN) is a leading commercial bank, founded in 1857 and headquartered in Spain and one of the largest banks in the world by market capitalization. The group’s activities are consolidated into five global businesses: Retail & Commercial Banking, Digital Consumer Bank, Corporate & Investment Banking (CIB), Wealth Management & Insurance and Payments (PagoNxt and Cards). This operating model allows the bank to better leverage its unique combination of global scale and local leadership. Santander aims to be the best open financial services platform providing services to individuals, SMEs, corporates, financial institutions and governments. The bank’s purpose is to help people and businesses prosper in a simple, personal and fair way. Santander is building a more responsible bank and has made a number of commitments to support this objective, including raising €220 billion in green financing between 2019 and 2030. In the first quarter of 2024, Banco Santander had €1.3 trillion in total funds, 166 million customers, 8,400 branches and 211,000 employees.

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