Angel Mencia serves as the Chief Model Risk Officer at Banco Santander, where he plays a pivotal role in shaping the bank's approach to model risk management. Reporting directly to the Chief Risk Officer (CRO), Angel is a key member of the Risk Division Management...
Angel Mencia serves as the Chief Model Risk Officer at Banco Santander, where he plays a pivotal role in shaping the bank's approach to model risk management. Reporting directly to the Chief Risk Officer (CRO), Angel is a key member of the Risk Division Management Committee and chairs the Model Risk Committee, highlighting his leadership in this critical area. With a robust background in risk management and financial markets, Angel is responsible for defining and implementing Santander’s comprehensive model risk management framework, ensuring that the bank adheres to regulatory standards while effectively managing potential risks associated with financial models.
His extensive experience in large international private banks equips him with a broad understanding of how these institutions navigate complex risk landscapes globally. Angel oversees the model risk teams across various business units, providing direct guidance and support to ensure that model validation processes are rigorous and aligned with best practices. Additionally, he leads Santander’s Internal Validation teams, which are crucial for maintaining the integrity and reliability of the bank's risk models.
Angel’s expertise encompasses a wide range of skills, including credit risk assessment, capital markets analysis, and operational risk management. His proficiency in tools such as SAS and his deep understanding of fixed income and financial analysis further enhance his ability to drive strategic initiatives within the bank. As a seasoned consultant in strategy and operations, Angel Mencia is not only a guardian of model risk but also a strategic partner in advancing Banco Santander’s business objectives while safeguarding its financial health.
