Associate, Market Risk

Santander Bank

$90K — $155K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 1-4 years of experience in Market Risk, Quantitative Development, or Financial Market Technology.
  • Strong knowledge of Microsoft Office and solid Python experience.
  • Solid understanding of financial products, market risk metrics and valuation techniques.
  • Strong project management, reporting, and organizational skills.
  • Demonstrated analytical curiosity and effective communication skills for problem solving.
  • Familiarity with Bloomberg, Intex, and other data vendors is preferred.

Responsibilities

  • Provide support for the risk management infrastructure on a daily basis.
  • Perform daily risk reporting and analyze performance, explaining any significant changes.
  • Conduct ad hoc risk analysis and assist senior risk managers as needed.
  • Engage in regulatory project participation and manage change initiatives.
  • Automate routine tasks using Python scripting to enhance risk monitoring efficiency.
  • Evaluate complex securities for accurate market risk assessment.
  • Collaborate with Trading, Finance, Operations, and Technology teams to resolve risk issues.

Benefits

  • Comprehensive benefits package for you and your family.
  • Support for your overall well-being now and into the future.
  • Recognition of contributions beyond just financial rewards.
Full Job Description
The Difference You Make:

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.

  • Provide day-to-day support of the risk management infrastructure
  • Perform daily risk reporting and performance analysis, including investigation and explanation of material changes
  • Perform ad hoc risk analysis and support senior risk managers
  • Participate in regulatory projects and change management efforts
  • Utilize 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 ranging from limit monitoring to 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 You Bring:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education:

  • Bachelor's degree in quantitative discipline, masters in a technical field (MS in financial mathematics) preferred.


Qualifications:

  • 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 communicate findings clearly to stakeholders.
  • Knowledge of Bloomberg, Intex and other data vendors preferred.


Certifications:

  • No Certifications listed for this job.


It Would Be Nice For You To Have:

  • Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.


Work Authorization & Sponsorship:

Applicants must be legally authorized to work in the United States on a full-time basis without requiring employer sponsorship to commence employment.

What Else You Need To Know:

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:

$90,000.00 USD

Maximum:

$155,000.00 USD

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)

Risk Culture:

We embrace a strong risk culture and all of our professionals at all levels are expected to take a proactive and responsible approach toward risk management.

Working Conditions:

Frequent minimal physical effort such as sitting, standing and walking is required for this role. Depending on location, occasional moving and lifting light equipment and/or furniture may be required.

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 your employment at any time for any reason.

What To Do Next :

If this sounds like a role you are interested in, then please apply.

We are committed to providing an inclusive and accessible application process for all candidates. If you require any assistance or accommodation due to a disability or any other reason, please contact us at [redacted] to discuss your needs.

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