Vice President – Market Data, Market Risk - Corporate & Investment Banking (CIB)

Position Summary:

The Vice President Market Risk analyst is responsible for risk analysis and independent oversight of market data quality certification used for market risk metrics and reporting. The analyst is responsible for all aspects of market data quality including compliance with requirements of regulators and internal control and will recommend opportunities and proposed resolutions for improved efficiency, effectiveness, and/or risk reduction for the department. The analyst is responsible for reviewing, analyzing, and/or evaluating the Company's market data management that renders risk-based processing and reporting to reduce operating losses and maintain maximum protection of the organization's assets, products, and services. The analyst will recommend opportunities and propose resolutions for improved efficiency, effectiveness, and/or risk reduction for pricing and reporting.

Primary duties and responsibilities:

• Perform daily review, maintenance, and certification of market data accuracy.
• Analyze, maintain, and build history for market data proxy used for VAR reporting.
• Review market data and static data configuration in multiple platforms.
• Liaise with multiple teams to implement and resolve market data discrepancies.

• Monitor and manage risk/exposure and compliance with the company's policies.
• Identify, manage, and report on daily market data process and workflow.

• Quantitative support to the different participants of market data development process.

• Activities may include quantitative analysis, risk identification and remediation.

• Oversee and ensure the development and implementation of short-term projects.

• Organize and implement upgrades in Risk System with the support teams and Methodology.
• Perform test on systems in order to improve efficiency in analyzing the reports for risk metrics.

Experience:

• Experience in valuation of financial products and / or market risk management (FX, Rates, Bonds, Equities, CDS, Convertibles, etc).
• Experience in knowledge of market products, obtaining inputs for valuation and market information systems (Bloomberg, Reuters, ICE, Market, etc.).
• Development of analysis tools and prototypes for defined market data feed (mainly in VBA or Python).

Education:

• Bachelor's degree (or equivalent) in Economics, Mathematics, Physics, Engineering, or a related field.

Skills & Knowledge:

• Knowledge in market data and financial products.
• Strong Excel skill a must, preferably Excel VBA and Python a plus.
• Knowledge in external vendor tools as Murex will be a plus.
• Knowledge in Spanish will be a plus.

Diversity & EEO Statements:

At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams. 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. Occasional moving and lifting equipment and furniture is required to support onsite and offsite meeting setup and teardown. Physically capable of lifting up to fifty pounds, able to bend, kneel, climb ladders.

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 at any time for any reason.

For NYC Job Applicants: The base annual salary range for this position is $118,544-$200,000.  The exact compensation may vary based on skills, experience, training, licensure and certifications and location.

Primary Location: New York, NY, Madison Ave Corp

Other Locations: New York-New York

Organization: Banco Santander S.A.