CIB Associate, Market Risk

Santander

5d • $135,000 - $180,000

About The Position

The Market Risk Associate is part of a team responsible for market risk management, valuation oversight, risk infrastructure, and risk reporting for a broad range of growing markets businesses, including agency and non-agency securitized products, rates, credit, equity, and convertibles. The role supports risk infrastructure and daily risk reporting, performs risk and performance analysis, contributes to regulatory and change-management projects, and helps automate risk monitoring. It also supports valuation of complex securities, Market Risk governance, and collaboration with trading and control functions to resolve risk issues and implement solutions.

Requirements

• Bachelor’s degree in a quantitative discipline.
• 1–4 years of experience in Market Risk, Quantitative Development, or Financial Market Technology.
• Strong knowledge of Microsoft Office and solid Python experience.
• Solid knowledge of financial products, market risk metrics, and valuation techniques.
• Strong reporting, project management, and organizational skills.
• Solid quantitative skills.
• Strong analytical curiosity, communication skills, and demonstrated ability to independently investigate problems, develop conclusions, and clearly communicate findings to stakeholders.
• 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 in a technical field, such as an MS in financial mathematics.
• Knowledge of Bloomberg, Intex, and other data vendors.
• Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.

Responsibilities

• Provide day-to-day support of the risk management infrastructure.
• Perform daily risk reporting and performance analysis, including investigating and explaining material changes.
• Perform ad hoc risk analysis and support senior risk managers.
• Participate in regulatory projects and change-management efforts.
• Use Python scripting or similar languages to automate routine tasks and improve the efficiency of the risk monitoring process.
• Engage in valuation of complex securities.
• Support Market Risk governance activities, including limit monitoring and the development and maintenance of risk procedures and control frameworks.
• Partner with Trading, Finance, Operations, Technology, and other control functions to resolve risk issues and implement solutions.

What This Job Offers

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