Market Risk Associate

Santander

3d • $90,000 - $155,000

About The Position

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!
As a Market Risk Associate, you will play a key role in strengthening and evolving the firm’s market risk capabilities across a diverse and growing set of businesses, including securitized products (agency and non-agency), rates, credit, equities, and convertibles. You’ll sit at the intersection of risk management, analytics, and technology—driving insights, enhancing infrastructure, and helping shape how risk is measured, monitored, and reported. This role offers strong exposure to senior stakeholders and the opportunity to lead initiatives that improve both risk transparency and operational efficiency.

Requirements

• To perform this role successfully, you bring a strong foundation in market risk along with a proactive, problem-solving mindset. You are comfortable working with data, technology, and stakeholders to drive meaningful improvements.
• Bachelor’s or Master’s degree in a quantitative discipline
• 3+ years of experience in Market Risk, Trading, or Financial Markets Technology within financial services
• Strong proficiency in Python (or similar) and advanced Excel skills
• Solid understanding of financial products and market risk metrics
• Strong analytical, reporting, and organizational skills, with the ability to manage multiple priorities
• Demonstrated quantitative skillset (e.g., statistics, data analysis)

Nice To Haves

• Experience working with Bloomberg (including API), Intex, or Polypaths
• Track record of driving process improvements or automation initiatives
• A collaborative mindset with the ability to operate effectively in a fast-paced environment

Responsibilities

• Support and enhance the day-to-day market risk infrastructure, ensuring robust and scalable processes
• Deliver timely, insightful risk reporting and performance analysis across multiple asset classes
• Conduct ad hoc risk analysis to inform decision-making and support senior risk managers
• Lead and contribute to strategic initiatives, including project delivery and change management efforts
• Partner on regulatory and governance-related projects, ensuring alignment with evolving requirements
• Leverage Python, AI, or similar tools to automate workflows, improve data quality, and increase efficiency in risk monitoring

Benefits

• 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)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees