Banco Santander, S.A.

PolyPath Market Risk Technology Specialist (Java/Python)

Banco Santander, S.A.
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3 days ago

Base Salary

$175k - $220k/yr

Responsibilities

  • Support and enhance PolyPath capabilities for pricing, valuation, trading, and market-risk workflows.
  • Translate market-risk and fixed-income requirements into scalable technical solutions with business, risk, model, and technology teams.
  • Support sensitivities, stress testing, scenario analysis, VaR, pricing, and valuation processes.
  • Develop, enhance, and troubleshoot applications, scripts, and integration components using Python and Java.
  • Support pricing pipelines, risk-data flows, market-data integration, valuation processes, and downstream risk systems.
  • Analyze system issues, performance bottlenecks, data discrepancies, and production incidents.
  • 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.

Requirements

  • Bachelor’s degree in a related field or equivalent demonstrated through work experience, training, military service, or education.
  • Expert-level knowledge of PolyPath and strong programming skills in Python and Java.
  • Strong experience in market risk, preferably in banking or capital markets.
  • 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.
  • Experience working in a large banking, financial-services, or regulated financial-institution environment.
  • 10+ years of experience in banking, capital markets, financial technology, or market-risk technology is preferred.
  • Knowledge of structured fixed-income products, including MBS, CMO, ABS, and securitized products.
  • Understanding of pricing, valuation, sensitivities, stress testing, VaR, scenario analysis, yield curves, risk factors, and 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 and performing production support, issue management, and root-cause analysis.

Benefits

  • Competitive rewards package and benefits supporting employees, families, and well-being.
  • Applicants must be legally authorized to work full time in the United States without employer sponsorship.
  • Frequent minimal physical effort such as sitting, standing, and walking is required; occasional light equipment or furniture movement may be required depending on location.

Tech Stack

Categories

Banco Santander, S.A.

About Banco Santander, S.A.

10,000+ employees

Banco Santander, S.A. is a global bank providing retail and commercial banking, corporate and investment banking, wealth management, insurance, and payments for individuals, SMEs, corporates, and public institutions. Founded in 1857 and headquartered in Boadilla del Monte (Madrid), it operates across Europe and the Americas through local subsidiaries and digital brands like Openbank, and is publicly traded, including on the New York Stock Exchange.

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