Market Risk Vice President
Apply Req ID: Req1437512 Date posted 04/30/2025Your Journey Starts Here:
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:
We are seeking a dynamic Market Risk manager to manage Market risk, liquidity and margining across our trading activities in equities, fixed income, futures, currencies and Exchange traded derivatives. The ideal candidate will combine deep product expertise with advanced understanding of margining methodology and operational set up of major central clearing houses and will work shaping the reporting, monitoring and risk & liquidity management across the platforms.
Daily monitoring of firm portfolios at exchanges and the margin computation and evolution
Daily projection of margin requirements and liquidity management in concert with firm treasury
Act as subject matter expert in cleared products, CCP margining and methodologies (VaR, Special charges, risk-based haircuts etc.)
Provide proactive risk analysis for desks and management to make prudent business decisions with liquidity and customer margining
Present complex analysis and recommendations to senior management and risk committees as needed
Drive enhancement in risk reporting, analytics and controls framework
Contribute to development of risk policies, procedures and governance framework
Lead the Central clearing project on behalf of market risk
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 or equivalent work experience: Business, Finance, Management, or equivalent field. Req
Work Experience:
7+ years in managing Market risk in a investment bank or dealer
Skills and Abilities:
Strong knowledge of central clearing and margining
Deep understanding of complex risk metrics like VaR
Knowledge of tools like Bloomberg, TS Imagine, Polypaths, Murex
Ability to code in VBA and Python a plus
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.
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:
Review the internal eligibility guidelines here. 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.
Primary Location: New York, NY, Madison Ave Corp
Other Locations: New York-New York
Organization: Santander US Capital Markets LLC
Salary: $120,000 - $205,000/year