What are the responsibilities and job description for the Executive Director- Multi Asset Market Risk Manager position at Santander Holdings USA Inc?
New York, United States of America
USA Job Family Description: The ED multi-asset market risk manager is a key member of the US market risk leadership team. The candidate will focus on market and funding/liquidity risk management across a broad range of asset classes (e.g., agency and non-agency securitized products, rates, credit and equity) with a strong focus on securitized products. Furthermore, the role requires superior communication skills and the ability to work effectively with the business and other control functions (e.g., model risk management, finance).
Requirements:
In depth understanding of products and trading strategies across agency and non-agency securitized, repo, rates, credit, equity and FX products
Expertise knowledge of securitized products (e.g., prepayment, loss) and derivatives modeling including stress testing.
Good understanding of SR11-7 modeling standards and the ability to take complex models thru internal and external validation
Good understanding of regulatory capital and the ability to advise the business on capital allocation
Expertise in VaR modeling, CCAR and DFAST
Expertise in pricing methodologies and pricing conventions and ability to price illiquid assets
Strong verbal and written communication skills and cross-functional expertise
Graduate degree (MS/PhD) degree in a Quantitative/STEM subject
Qualifications: 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:
12 Years Risk Management/Controls Req
Skills and Abilities:
Strong risk management principles, methodologies and tools, governance principles and activity preferably in a financial services technology environment.
Strong knowledge of workflow/processes and risks/controls, including: origination, underwriting, servicing, and collections/workout.
Advanced risk, process, and control validation and/or assessment skills.
Ability to direct, train and guide peers, subordinates and management.
Ability to handle conflict resolution with other groups to ensure appropriate accounting guidance is followed.
Ability to adjust to new developments/changing circumstances.
Ability to convey a sense of urgency and drive issues/projects to closure.
Ability to effectively interact with the market, executive management and vendors.
Ability to adapt and adjust to multiple demands and competing priorities.
Excellent written and oral communication skills.
Excellent analytical, organizational and project management skills.
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.
Primary Location: New York, NY, Madison Ave Corp
Other Locations: New York-New York
Organization: Santander US Capital Markets LLC Salary: $150,000 - $255,000/year
USA Job Family Description: The ED multi-asset market risk manager is a key member of the US market risk leadership team. The candidate will focus on market and funding/liquidity risk management across a broad range of asset classes (e.g., agency and non-agency securitized products, rates, credit and equity) with a strong focus on securitized products. Furthermore, the role requires superior communication skills and the ability to work effectively with the business and other control functions (e.g., model risk management, finance).
Requirements:
In depth understanding of products and trading strategies across agency and non-agency securitized, repo, rates, credit, equity and FX products
Expertise knowledge of securitized products (e.g., prepayment, loss) and derivatives modeling including stress testing.
Good understanding of SR11-7 modeling standards and the ability to take complex models thru internal and external validation
Good understanding of regulatory capital and the ability to advise the business on capital allocation
Expertise in VaR modeling, CCAR and DFAST
Expertise in pricing methodologies and pricing conventions and ability to price illiquid assets
Strong verbal and written communication skills and cross-functional expertise
Graduate degree (MS/PhD) degree in a Quantitative/STEM subject
Qualifications: 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:
12 Years Risk Management/Controls Req
Skills and Abilities:
Strong risk management principles, methodologies and tools, governance principles and activity preferably in a financial services technology environment.
Strong knowledge of workflow/processes and risks/controls, including: origination, underwriting, servicing, and collections/workout.
Advanced risk, process, and control validation and/or assessment skills.
Ability to direct, train and guide peers, subordinates and management.
Ability to handle conflict resolution with other groups to ensure appropriate accounting guidance is followed.
Ability to adjust to new developments/changing circumstances.
Ability to convey a sense of urgency and drive issues/projects to closure.
Ability to effectively interact with the market, executive management and vendors.
Ability to adapt and adjust to multiple demands and competing priorities.
Excellent written and oral communication skills.
Excellent analytical, organizational and project management skills.
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.
Primary Location: New York, NY, Madison Ave Corp
Other Locations: New York-New York
Organization: Santander US Capital Markets LLC Salary: $150,000 - $255,000/year
Salary : $150,000 - $255,000
