VP, Market Risk

VP, Market Risk

Country: United States of America

Your 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:

9+ Years Risk Management/Controls - Required.

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.

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:

$120,000.00 USD

Maximum:

$205,000.00 USD

Link to Santander Benefits:

Santander Benefits - 2025 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, vet