Associate, Market Risk

About the role

Santander is seeking a Market Risk Associate to join its risk management team in the United States. The role supports market risk oversight across a variety of product lines, including securitized products, rates, credit, equity and convertibles.

Key responsibilities

• Provide day‑to‑day support for the risk management infrastructure.
• Perform daily risk reporting, performance analysis and explain material changes.
• Conduct ad‑hoc risk analyses and assist senior risk managers.
• Participate in regulatory projects and change‑management initiatives.
• Use Python (or similar) to automate routine tasks and improve monitoring efficiency.
• Engage in valuation of complex securities and support governance activities such as limit monitoring and procedure maintenance.
• Collaborate with Trading, Finance, Operations, Technology and other control functions to resolve risk issues.

Required profile

• Bachelor’s degree in a quantitative discipline; Master’s in financial mathematics preferred.
• 1‑4 years of experience in market risk, quantitative development or financial market technology.
• Strong analytical curiosity, communication skills and ability to investigate problems independently.
• Solid quantitative and project‑management abilities.

Required skills

• Python scripting.
• Microsoft Office (Excel, PowerPoint, Word).
• Knowledge of financial products, market‑risk metrics and valuation techniques.
• Familiarity with Bloomberg, Intex or similar data vendors.