Associate, Counterparty Credit Risk - Corporate and Investment Banking
Santander Holdings USA Inc
New York, NY
11 days ago
$76,875 - $130,000
Job Description
Join Santander as an Associate in Counterparty Credit Risk, where you will play a key role in managing risk and compliance within a dynamic financial environment. Collaborate with talented professionals to enhance risk analytics and reporting processes, driving innovation and ensuring adherence to regulatory standards.
Key Responsibilities
Runs CCR models (stress testing, back testing, and settlement risk)
Assist in maintaining, testing, and improving CCR models
Formalizes testing protocols and processes
Assist in setting and monitoring CCR limits
Ensures key risks and issues are documented and communicated
Develops robust reporting for executive management
Performs statistical analysis of financial data
Works with IT on systems implementation
Oversees quality control and compliance for reporting processes
Manages risk analytics regulatory and BAU projects
Required Qualifications
3-to-5-year experience within the financial industry
Bachelor's Degree in Statistics, Math, Finance, Accounting, Economics, or equivalent field
Knowledge of derivatives and lending products
Ability to analyze risk and design efficient control practices
Ability to interact with all levels of management
Excellent written and verbal communication skills
Solid project management skills
Knowledge of SQL, Python, Microsoft Excel and PowerPoint
Preferred Qualifications
Knowledge of stochastic calculus and linear algebra
Proactive approach, initiative and resourcefulness