USA Associate, Market Risk (108RI1)

Santander Bank•New York, NY

34d•$90,000 - $155,000

About The Position

Santander is a global leader and innovator in the financial services industry. We believe that our employees are our greatest asset. Our focus is on fostering an enriching journey that empowers you to explore diverse career opportunities while nurturing your personal growth. We are committed to creating an environment where continuous learning and development are prioritized, enabling you to thrive both professionally and personally. Here, you will find ample opportunities to connect and collaborate with talented colleagues from around the world, sharing insights and driving innovation together. Join us at Santander, where you are supported by a culture of engagement and a commitment to your success. An exciting journey awaits, if you are interested in exploring the possibilities We Want to Talk to You! The Difference You Make: The Associate, Market Risk monitors the liquidity risk metrics operates within Liquidity Policy guidelines and limits. This position will develop and implement all Regulatory and Corporate Liquidity Policy standards for market risk activities, lead discussions with management, and compare the Company risk profile against industry information. Observes, analyzes and implements US regulation and Liquidity Policy Guidelines. Documents effectively Liquidity assumptions, developing procedures related with daily and monthly liquidity process. Identifies and contributes to resolution of emerging risk issues related to Liquidity Risk processes and exposure, anticipating and acting proactively on minimizing risk. Ensures the commitment of the liquidity risk policy guidelines and the contingency plans, monitoring early warning indicators and warning about liquidity events. Assists with the validation, reconciliation and analysis of data, ensuring its accuracy, validating and implementing liquidity risk measurement methods. Compares the Company risk profile against industry information.

Requirements

Bachelor's Degree or equivalent work experience: Business, Finance, Management, or equivalent field. - Required.
5+ Years Risk Management/Controls - Required.
Advanced understanding of key inherent risk and market risk management control practices to perform periodic analysis with critical reasoning for high management reporting.
Strong market risk management principles, methodologies and tools, governance principles and activity preferably in a financial services technology environment.
Knowledge of workflow/processes and risks/controls, including: origination, underwriting, servicing, and collections/workout.
Ability to independently operate in a complex, matrixed environment; adept at delivering and maintaining productive working relationships across business, functions, geographies and lines of defense.
Ability to handle conflict resolution with other groups to ensure appropriate accounting guidance is followed.
Ability to adjust to new developments/changing circumstances.
Ability to convey a sense of urgency and drive issues/projects to closure.
Ability to effectively interact with the market, executive management and vendors.
Ability to adapt and adjust to multiple demands and competing priorities.
Excellent written and oral communication skills.
Strong analytical, organizational and project management skills.

Nice To Haves

Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.
Experience in Microsoft Office products.

Responsibilities

Monitors the liquidity risk metrics operates within Liquidity Policy guidelines and limits.
Develop and implement all Regulatory and Corporate Liquidity Policy standards for market risk activities
Lead discussions with management
Compare the Company risk profile against industry information.
Observes, analyzes and implements US regulation and Liquidity Policy Guidelines.
Documents effectively Liquidity assumptions, developing procedures related with daily and monthly liquidity process.
Identifies and contributes to resolution of emerging risk issues related to Liquidity Risk processes and exposure, anticipating and acting proactively on minimizing risk.
Ensures the commitment of the liquidity risk policy guidelines and the contingency plans, monitoring early warning indicators and warning about liquidity events.
Assists with the validation, reconciliation and analysis of data, ensuring its accuracy, validating and implementing liquidity risk measurement methods.