PolyPath Market Risk Specialist (Technology)

About the role

The Difference You Make
Santander's Corporate & Investment Banking (CIB) business is seeking an experienced PolyPath Market Risk Specialist.

Responsibilities

• Support and enhance PolyPath platform capabilities used for pricing, valuation, trading, and market risk workflows.
• Partner with business, risk, model, and technology teams to translate complex market risk and fixed income requirements into scalable technical solutions.
• Support market risk processes including sensitivities, stress testing, scenario analysis, VaR, pricing, and valuation workflows.
• Work with fixed income and structured products, including Mortgage-Backed Securities, Collateralized Mortgage Obligations, Asset-backed or securitized products, and other structured fixed income instruments.
• Develop, enhance, and troubleshoot applications, scripts, and integration components using Python and Java.
• Support pricing pipelines, risk data flows, market data integration, and valuation processes within the PolyPath ecosystem.
• Analyze system issues, performance bottlenecks, data discrepancies, and production incidents related to PolyPath and downstream risk systems.
• Collaborate with front office, risk, finance, infrastructure, and application development teams to ensure accurate and timely delivery of risk analytics.
• Support migration, modernization, and integration initiatives involving legacy trading or risk systems and PolyPath architecture.
• Improve platform stability through automation, monitoring, alerting, and issue resolution processes.

Qualifications

• Expert-level knowledge of PolyPath.
• Strong experience in market risk, preferably within banking or capital markets.
• Strong programming skills in Python and Java.
• Solid understanding of fixed income products, pricing, valuation, and risk analytics.
• Experience supporting risk models, valuation tools, pricing engines, or market risk platforms.
• Ability to troubleshoot complex system, data, and pricing issues across multiple technology platforms.
• Strong analytical skills with the ability to explain technical and market risk concepts clearly to both business and technology teams.
• Experience working in a large banking, financial services, or regulated financial institution environment.

Preferred Qualifications

• Experience working directly with front office, market risk, finance, model validation, or quantitative teams.
• Strong knowledge of structured fixed income products, especially Mortgage-Backed Securities, Collateralized Mortgage Obligations, Asset-backed or securitized products, and other structured fixed income instruments.
• Understanding of pricing, valuation, sensitivities, stress testing, VaR, scenario analysis, yield curves, risk factors, market data.
• Experience with system integration using APIs, messaging frameworks, batch processes, or data pipelines.
• Experience supporting real-time or high-volume capital markets platforms.
• Strong production support, issue management, and root-cause analysis experience.

Pay

Base pay range: $175,000.00 USD - $220,000.00 USD

Schedule

Full-time