PolyPath Market Risk Technology Specialist (Java/Python)
Santander · New York, United States · 1 mo ago
Finance$175k/yrFull-time
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
- 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:
- MBSCMOABSSecuritized products
- 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.
What You Bring
- 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.