Logo
Santander US

Market Risk Analytics Associate/ VP, Corporate & Investment Banking

Santander US, New York, New York, us, 10261


Market Risk Analytics Associate/ VP, Corporate & Investment Banking

Country: United States of America

Seeking a highly detail-oriented Market Risk Associate/ VP to join our team at Santander US Capital Markets.

The ideal candidate shall have extensive knowledge of fixed income markets, be proficient in Python, and possess around 5-10 years of experience.

This role involves close collaboration with the trading desk, other risk teams, IT, and primarily focuses on Market Risk analytic.

Responsibilities

Daily operation on Market Risk data production

Provide day-to-day production support from Market Risk prospective, validate Market Risk assumptions, check data and calculation correctness, validate model assumptions

Collaborate with IT and other support teams to troubleshoot and resolve technical issues.

Troubleshooting

Monitor risk systems and processes to identify potential issues before they impact business, management, and other internal clients.

Project and change management

New product risk data development and testing

Risk system update testing/ backtesting

Collaborate with project team, product management, and collaborators on assigned aspects of the project

Automation and Process Improvement:

Utilize Python scripting (or similar languages) to automate routine tasks and improve the efficiency of the risk monitoring process

Qualifications

Bachelor’s degree in a quantitative discipline such as finance, statistic, mathematics, data science, or computer science

5-10 years of experience in Market Risk at banks or similar financial institutions

Proficient with Convertible Bonds and Equities

Strong knowledge and understanding of the structured fixed-income products and equity derivatives

Experience on buildouts and deep understanding of Market Risk metrics such as VaR, SVaR, stress testing, and sensitivity analysis across Fixed Income and Equities.

Quant finance knowledge – Bond yield calculation, Mortgage-Backed Securities, VaR, PnL calculations

Proficient in Python is a MUST

Proficient in database queries

Experience working with market data sources and trading systems such as Bloomberg Terminal

Exposure to PolyPaths, Intex, Yieldbook, Bloomberg API

Familiarity with other programming languages or data analysis tools (SQL, VBA)

Knowledge of front-office systems and workflow

Interest in building financial application and risk systems

Skills

Strong understanding of quantitative models

Strong troubleshooting skills

Strong project, management, and organizational skills

Ability to communicate effectively with peers that may not have quantitative or Market Risk backgrounds

Excellent communication and people skills, with the ability to collaborate effectively with stakeholders at all levels.

Ability to work independently and manage multiple priorities in a demanding environment

Diversity & EEO Statements: At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams. 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. Occasional moving and lifting equipment and furniture is required to support onsite and offsite meeting setup and teardown. Physically capable of lifting up to fifty pounds, able to bend, kneel, climb ladders.

Employer Rights: 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 at any time for any reason.

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:

$116,250.00 USD

Maximum:

$200,000.00 USD

Primary Location: New York, NY, Madison Ave Corp

Other Locations: New York-New York

Organization: Santander US Capital Markets LLC

AN EQUAL OPPORTUNITY EMPLOYER M/F/Vet/Disabled/SO