FAQs
What is the primary focus of the Market Risk Analytics Associate/VP role?
The primary focus is on Market Risk analytics, collaborating closely with the trading desk, other risk teams, and IT to support daily market risk data production and ensure accuracy in risk metrics.
What qualifications are required for this position?
Candidates should have a Bachelor's degree in a quantitative discipline, 5-10 years of experience in Market Risk, proficiency in Python, and strong knowledge of fixed-income and equity derivatives.
What key skills are emphasized for this position?
Strong understanding of quantitative models, troubleshooting skills, project management abilities, effective communication, and the capability to work independently while managing multiple priorities are emphasized.
Are there specific programming skills required for this role?
Yes, proficiency in Python is a must, along with expertise in database queries. Familiarity with other programming languages or data analysis tools, such as SQL and VBA, is also beneficial.
Will there be opportunities for project and change management in this role?
Yes, the role involves project and change management tasks, including testing for new product risk data development and collaborating with project teams on assigned aspects of projects.
Is previous experience with specific financial products required?
Yes, candidates should have strong knowledge and understanding of structured fixed-income products, equity derivatives, and Convertible Bonds.
What is the range of base pay for this position?
The base pay range for this position is between $116,250.00 and $200,000.00 USD, depending on skills, experience, training, and location.
What are the working conditions for this job?
The working conditions involve minimal physical effort, with occasional moving and lifting of equipment and furniture as needed for meeting setups.
How does Santander approach diversity in hiring?
Santander values and respects differences in its workforce, actively encourages diversity, and is an equal opportunity employer committed to providing consideration for employment without discrimination.
What level of experience is desirable for candidates applying for the role?
Candidates with 5-10 years of experience in Market Risk at banks or similar financial institutions are desirable for the position.