Sr. Associate, Market Risk (IRR)

job
  • Santander Holdings USA Inc
Job Summary
Location
,NY 02109
Job Type
Contract
Visa
Any Valid Visa
Salary
PayRate
Qualification
BCA
Experience
2Years - 10Years
Posted
18 Nov 2024
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Job Description
Sr. Associate, Market Risk (IRR) Boston, United States of America he Sr. Associate, Market Risk will assist the Interest Rate Risk (IRR) team in managing recurring analytical processes while using the Financial Risk tool, QRM. The Sr. Associate will oversee the analysis required to establish annual Limits for IRR metrics. Key Responsibilities: Conduct a quarterly Dynamic NII and Future Market Value process. Analyze the results and maintain procedures that describe the process. Conduct the annual IRR Limit-setting process for SHUSA and its subsidiaries. Liaise with FP&A in understanding Strategic Planning and how their processes could be used to assist the IRR team. Conduct ad-hoc IRR analysis as they arise. Assist in the monthly IRR metric calculation process as required. Maintain the Material Risk Review program. Documents all changes to Monthly and Quarterly Procedures. Work with headquarters and subsidiaries to make sure compliance in procedures and standards. Qualifications: Bachelor's in Finance or a Mathematical field with Financial work experience desired. 7-10 years of experience in Market Risk / Interest Rate Risk / Asset Liability Management within the financial services industry is highly desired. Strong analytical and quantitative skills. Strong knowledge and understanding of financial products. Strong communication skills, both written and verbal. Experience using QRM highly desired. Proficiency in Excel necessary. Experience using VBA, SQL, Access desired. Hands-on experience with automating processes using coding/programming languages would be a benefit. 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. Occassional 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: 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: Boston, MA, Boston Other Locations: Massachusetts-Boston,New York-New York Organization: Santander Holdings USA, Inc.