Market Risk Associate – Equity Derivatives recruitment

The Trading Market Risk department in the Risk Division is a dynamic and leading edge function supporting and adding value to the business. The businesses trade an extensive portfolio of Equity, Interest Rate, Credit, Property and Hybrid derivatives.

The team is looking for an associate to provide expert assistance in the day-to-day management and infrastructure development of the Equity Derivatives Market Risk team.

The Equity Derivatives business focuses on providing structured products and flow trading on single stocks, indices and multiple indices.

As a Market Risk ED Associate your skills and qualifications will ideally include:

A proven track record of equity derivative structured products market risk experience is a must
A degree and/or masters in a mathematical or financial subject
Experience coming from a risk, quant, trading or sales background
An understanding of VaR and derivative Greeks
Strong numerate skills
Very good knowledge of Microsoft Excel and working with numbers. Ability to use SQL and VB or VBA programming would be ideal
A keen interest in financial markets, especially derivatives
Ability to deliver in a fast-paced, outcome focused environment

Santander UK

The Santander Group has more than 150 years' experience in banking and more branches worldwide than any other international bank. At Santander we are committed to serving our customers, helping make the most of their money. In the UK we have over 25 million customers, 1.8 million shareholders, more than 1300 branches and 4,100 cash machines. Our goal? To be the best retail bank in the UK.

As a Market Risk Associate your main responsibilities will involve:

Ensuring complete capture of market risks across relevant portfolios
Assessing market risks from new products, ensuring they are captured within market risk framework and limits
Providing expert and timely analysis to the Front Office, the Head of Trading Market Risk, the CRO and senior management to ensure that all significant risk issues are escalated appropriately in a clear and concise manner
Recommending market risk methodology enhancements for new and existing risks
Communicating with Group Market Risk to ensure they are fully apprised of developments in London

What we will be looking for in you:

The ability to demonstrate strong analytical skills and a logical approach to problem solving
The ability to deliver accurate analysis under the pressures of a fast paced environment
The ability and motivation to learn and understand risk concepts and ED products quickly