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Market Risk Manager - FI Trading - Permanent - London

Make decisions that matter, while protecting our customers

We have exciting opportunity for a Market Risk Manager to join our team in London.

The Santander London Branch Market Risk department in the Risk Division is a dynamic and leading edge function supporting and adding value to the Santander Corporate Investment Banking. The businesses trade an extensive portfolio of Interest Rate and Equity Derivatives.

The team is looking for a Market Risk Manager to join a small team in the daily production and analysis of market risk reports.

We're passionate about helping people and businesses prosper and we strive to be simple, personal and fair in everything we do. That's why we've built a culture of respect, where everyone is empowered to keep their promises and go above-and-beyond for our customers, colleagues and the communities we serve.

As a Market Risk Manager your main responsibilities will be

* Mentoring the junior analysts in the team who will have varying degrees of experience and knowledge
* Ensuring the smooth operation of Risk and P&L report production
* Reviewing a Risk mandate of permissible trading activity (including a comprehensive limit structure)
* Articulate Risk issues to senior management either directly or via Fora and Committee
* Identifying, resolving and escalating risk issues in a timely manner
* Assisting in projects to develop and support new products, systems and business initiatives
* Working closely with the front office and various support teams on a daily basis
* Improve, design and implement processes to automate analysis and reporting using Excel

Minimum skills and experience required

* Strong knowledge of Fixed Income (Rates) derivative products and markets
* Advance user in Excel & VBA
* Understanding of Sensitivities, Greeks, VAR and Stress VAR
* Stakeholder engagement
* Strong communication skills

Rewarding you

Salary is competitive

For your commitment and success, Santander offers a competitive basic salary with a distinct career development opportunity. In addition to your salary and bonus, we offer you a benefits package that's flexible and allows you to be in control, as well as all the policies, tools and guidance to support you.

Other Santander benefits include:

* Pension with generous contributions from Santander
* 30 days' holiday plus bank holidays, with the option to purchase up to 5 contractual days per year
* Company funded Individual Private medical Insurance
* Voluntary healthcare benefits at discounted rates such as Private medical insurance for your family, Dental insurance, Healthcare Cash Plan and Health assessments
* 24/7 access to an online employee discount platform. Save money on everything from groceries, electronics, fashion, holidays and much more
* Benefits supporting you and your family, such as voluntary Life assurance and Critical illness
* Access to an All Employee car scheme
* Excellent employee recognition schemes, be recognised for demonstrating great behaviours
* Share in Santander's success by investing in our Sharesave and Partnership shares plans
* Support your favourite causes through charitable giving and our community partnerships


This role is based in our office in Brock Street, London. This office is conveniently located within walking distance from Euston Station and Warren Street Station.

Why Santander?

We'll give you more than a job, we'll give you a purpose - to help people and businesses prosper.

Our aim is to be the best bank for our people, customers, shareholders and communities and we're making it happen by focusing on the behaviours that bring everyone together. By bringing passion, talking straight, embracing change, showing respect, speaking up, keeping promises, giving support, truly listening and actively collaborating, we believe we can really make a difference.

We've created an environment where we always put people first, that's why we offer flexible work options to help you do your job in a way that suits you. Whatever your unique ambitions, you'll have plenty of room to grow, with tailored training and development opportunities and a wide range of benefits designed to suit your lifestyle. What's more, we'll also support you in making a difference through our volunteering and fundraising schemes. Our commitment to our people hasn't gone unnoticed and we've been listed as one of Britain's Top Employers by the Top Employers Institute since 2012.

Time to apply

If this sounds like a role you're interested in then please apply on the link below.

Equal Opportunities Statement

Santander are an equal opportunities employer who are simple, personal and fair in everything we do. For more information on our commitment to equal opportunities, please visit our diversity page here.

Salary: Negotiable

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