Market Risk Tech Specialist (Java/Python)

Salary: $175,000 - 220,000 per year
Requirements:
We require a bachelors degree in a related field, or an equivalent combination of work experience, training, military service, or education. We need expert-level knowledge of PolyPath. We are looking for strong market risk experience, ideally in banking or capital markets. We need advanced programming ability in Python and Java. We require a solid grasp of fixed income products, pricing, valuation, and risk analytics. We expect experience supporting risk models, valuation tools, pricing engines, or market risk platforms. We need the ability to investigate and resolve complex system, data, and pricing issues across multiple technology environments. We expect strong analytical skills and the ability to explain technical and market risk concepts clearly to both business and technology stakeholders. We require experience in a large banking, financial services, or regulated financial institution setting. We prefer at least 10 years of experience in banking, capital markets, financial technology, or market risk technology. Preferred experience working directly with front office, market risk, finance, model validation, or quantitative teams. Preferred strong knowledge of structured fixed income products such as MBS, CMO, ABS, and other securitized products. Preferred understanding of pricing, valuation, sensitivities, stress testing, VaR, scenario analysis, yield curves, risk factors, and market data. Preferred experience with system integration using APIs, messaging frameworks, batch processes, or data pipelines. Preferred experience supporting real-time or high-volume capital markets platforms. Preferred strong production support, incident management, and root-cause analysis experience. Applicants must be legally authorized to work in the United States on a full-time basis without requiring employer sponsorship to start employment.
Responsibilities:
We support and enhance PolyPath platform capabilities used for pricing, valuation, trading, and market risk workflows. We partner with business, risk, model, and technology teams to convert complex market risk and fixed income needs into scalable technical solutions. We support market risk processes such as sensitivities, stress testing, scenario analysis, VaR, pricing, and valuation workflows. We work with fixed income and structured products, including mortgage-backed securities, collateralized mortgage obligations, asset-backed or securitized products, and other structured instruments. We develop, improve, and troubleshoot applications, scripts, and integration components using Python and Java. We support pricing pipelines, risk data flows, market data integration, and valuation processes within the PolyPath ecosystem. We analyze system issues, performance bottlenecks, data inconsistencies, and production incidents related to PolyPath and downstream risk systems. We collaborate with front office, risk, finance, infrastructure, and application development teams to deliver accurate and timely risk analytics. We support migration, modernization, and integration initiatives involving legacy trading or risk systems and PolyPath architecture. We strengthen platform stability through automation, monitoring, alerting, and issue resolution.
Technologies:
Incident Management Support Java Python
More:
We are Santander, a global leader and innovator in financial services, evolving into a technology-driven organization built around customer-centric transformation, bold thinking, and innovation. Our Corporate & Investment Banking team is seeking an experienced PolyPath Market Risk Specialist to help drive pricing, valuation, and market risk capabilities in a large banking or capital markets environment. This role offers a competitive base salary range of $175,000 to $220,000 USD, along with a rewards package and benefits designed to support you, your family, and your well-being. We foster a strong risk culture, value an inclusive workplace, and encourage all qualified candidates to apply. This position requires full-time work authorization in the United States without employer sponsorship.
last updated 31 week of 2026