S

Associate, Counterparty Credit Risk - Corporate and Investment Banking

Santander Holdings USA Inc

New York, NY
1 day ago
$76,875 - $130,000

Job Description

Join Santander as an Associate in Counterparty Credit Risk within Corporate and Investment Banking, where you will manage risk policies and ensure compliance. Leverage your expertise in financial data analysis and model calibration to drive innovation and support executive management in decision-making.

Key Responsibilities

  • Run CCR models (stress testing, back testing, and settlement risk)
  • Assist in maintaining, testing, and improving CCR models
  • Formalize testing protocols and processes for risk analytics deliverables
  • Assist in setting and monitoring CCR limits
  • Identify, document, mitigate, and communicate key risks and issues
  • Develop robust reporting for executive management
  • Perform statistical analysis of financial data
  • Work with IT on systems implementation
  • Ensure quality control and compliance for reporting processes
  • Manage risk analytics regulatory and BAU projects

Required Qualifications

  • 3-to-5 years experience in the financial industry
  • Bachelor's Degree in Statistics, Math, Finance, Accounting, Economics or equivalent
  • Knowledge of derivatives and lending products
  • Ability to analyze risk and design efficient control practices
  • Excellent written and verbal communication skills
  • Solid project management skills
  • Knowledge of SQL, Python, Microsoft Excel and PowerPoint

Preferred Qualifications

  • Demonstrated knowledge of credit policies, procedures, regulations and applicable law (SA-CCR and Basel III)
  • Proactive approach, initiative and resourcefulness
  • Entrepreneurial spirit and attention to detail
  • Ability to interact with all levels of management

Benefits & Perks