Market Risk Associate

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!

The Difference You Make:

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.

Responsibilities include:

• 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

What You Bring:

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)

Certifications:

• No certifications required

It Would Be Nice For You To Have:

• 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

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:

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.

EEO Statement:

At Santander, we value and respect differences in our workforce. 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 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 TAOps@santander.us to discuss your needs.