VP- Market Risk, Corporate & Investment Banking - Santander US
New York, NY
About the Job
VP- Market Risk, Corporate & Investment Banking
New York, United States of America
The Sr. Associate, Market Risk-VP is responsible to oversee and control the market risk metrics/market data, as well as monitor and ensure that risk are within limits/levels by reviewing and analyzing the reports; Communicate about risk levels and provide support to senior management, Audit, Treasury and Financial Risk at corporate and local level in the decision-making process
USA Job Family Description:
+ Monitors activities to minimize the company's exposure to risk.
+ Activities may include quantitative analysis, risk identification and remediation.
+ Represents or supports the reputation of the company to minimize compliance and regulatory risk by resolving issues and ensuring adherence to company and legal standards.
+ Responsible for ensuring that all of the company's activities adhere to the necessary rules and regulations, and that the company complies with legal/regulatory statutes and jurisdictions.
USA Job Function Description:
+ Ensures adherence to the policies and procedures established by the company.
+ Manages policy, standard definition and monitoring of policy, standard implementation, ensuring harmonization and consistency of risk policies.
+ Monitors and manages risk/exposure and compliance with the company's policies.
+ identifies, manages and reports on the company's risk areas.
+ Evaluates the adequacy and effectiveness of data, document retention, and monitors systems.
Essential Functions/Responsibility Statements:
+ Control and oversee market risks, by analyzing Market Risk reports; Communicate with the corporate and local senior management, Audit and the business about the risk levels for the decision-making process.
+ Oversee and ensure the development and implementation of short-term projects
+ Develop and oversee the reporting for the various corporate entities such as Committees, Board of Directors, Auditors as well as the notes to the financial statements in order to support decision-making of corporate and local senior management
+ Oversee and communicate the limit exceptions (excess communication) to senior management and the business; analyze the excesses and risk levels in the Market Risk reports for decision-making process of corporate and local senior management, internal audit and financial risk and the business.
+ Organize and implement upgrades in Risk System (to apply the systematic updates and to optimize the batch process) with the Support team, and Methodology; Make decisions about the plan of tests on the system in order to improve efficiency in analyzing the reports for risk metrics
+ Oversee the tests of valuation models in the Risks System through product analysis and identification of necessary inputs for the valuation; Ensure correct valuations and risk measurements for the products and positions taken by the business
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 in Business, Finance, Management, or equivalent field.
Work Experience:
+ Extensive experience in the US market: derivatives(OTC and no OTC), Fixed income (treasuries, tbills…) and Fixed Income structures as Risk Manager or Front Office
+ Risk Management/Controls, 9-12 years
Skills and Abilities:
+ Strong market risk management principles, methodologies and tools, governance principles and activity preferably in a financial services technology environment.
+ Knowledge of workflow/processes and risks/controls, including: origination, underwriting, servicing, and collections/workout.
+ Ability to independently operate in a complex, matrixed environment; adept at delivering and maintaining productive working relationships across business, functions, geographies and lines of defense
+ Advanced market 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.
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._
English
Primary Location: New York, NY, Madison Ave Corp
Other Locations: New York-New York
Organization: Banco Santander S.A.
AN EQUAL OPPORTUNITY EMPLOYER M/F/Vet/Disabled/SO
New York, United States of America
The Sr. Associate, Market Risk-VP is responsible to oversee and control the market risk metrics/market data, as well as monitor and ensure that risk are within limits/levels by reviewing and analyzing the reports; Communicate about risk levels and provide support to senior management, Audit, Treasury and Financial Risk at corporate and local level in the decision-making process
USA Job Family Description:
+ Monitors activities to minimize the company's exposure to risk.
+ Activities may include quantitative analysis, risk identification and remediation.
+ Represents or supports the reputation of the company to minimize compliance and regulatory risk by resolving issues and ensuring adherence to company and legal standards.
+ Responsible for ensuring that all of the company's activities adhere to the necessary rules and regulations, and that the company complies with legal/regulatory statutes and jurisdictions.
USA Job Function Description:
+ Ensures adherence to the policies and procedures established by the company.
+ Manages policy, standard definition and monitoring of policy, standard implementation, ensuring harmonization and consistency of risk policies.
+ Monitors and manages risk/exposure and compliance with the company's policies.
+ identifies, manages and reports on the company's risk areas.
+ Evaluates the adequacy and effectiveness of data, document retention, and monitors systems.
Essential Functions/Responsibility Statements:
+ Control and oversee market risks, by analyzing Market Risk reports; Communicate with the corporate and local senior management, Audit and the business about the risk levels for the decision-making process.
+ Oversee and ensure the development and implementation of short-term projects
+ Develop and oversee the reporting for the various corporate entities such as Committees, Board of Directors, Auditors as well as the notes to the financial statements in order to support decision-making of corporate and local senior management
+ Oversee and communicate the limit exceptions (excess communication) to senior management and the business; analyze the excesses and risk levels in the Market Risk reports for decision-making process of corporate and local senior management, internal audit and financial risk and the business.
+ Organize and implement upgrades in Risk System (to apply the systematic updates and to optimize the batch process) with the Support team, and Methodology; Make decisions about the plan of tests on the system in order to improve efficiency in analyzing the reports for risk metrics
+ Oversee the tests of valuation models in the Risks System through product analysis and identification of necessary inputs for the valuation; Ensure correct valuations and risk measurements for the products and positions taken by the business
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 in Business, Finance, Management, or equivalent field.
Work Experience:
+ Extensive experience in the US market: derivatives(OTC and no OTC), Fixed income (treasuries, tbills…) and Fixed Income structures as Risk Manager or Front Office
+ Risk Management/Controls, 9-12 years
Skills and Abilities:
+ Strong market risk management principles, methodologies and tools, governance principles and activity preferably in a financial services technology environment.
+ Knowledge of workflow/processes and risks/controls, including: origination, underwriting, servicing, and collections/workout.
+ Ability to independently operate in a complex, matrixed environment; adept at delivering and maintaining productive working relationships across business, functions, geographies and lines of defense
+ Advanced market 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.
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._
English
Primary Location: New York, NY, Madison Ave Corp
Other Locations: New York-New York
Organization: Banco Santander S.A.
AN EQUAL OPPORTUNITY EMPLOYER M/F/Vet/Disabled/SO
Source : Santander US