US Credit Market Risk Leader – Trading

santander; España; Presencial; EUR 209.000 - 261.000; Jornada completa

Descripción de la vacante

Santander in the United States is seeking a seasoned Head of Market Risk for US Credit Trading, Executive Director, reporting to the US Head of Market Risk and the CRO of Santander Capital. You will lead Market Risk for trading of credit products and oversee onboarding, policy implementation and regulatory interactions.

The role requires 12+ years of risk management experience, deep knowledge of hybrid credit products, cross‑functional collaboration across Finance, Technology and Risk, and the

Formación

• 12+ years of risk management/controls experience.
• In-depth understanding of hybrid credit products and hedging instruments.
• Ability to advise trading desks on risk-taking/mitigation and regulatory capital usage.
• Strong cross-functional expertise across Finance, Model Risk Management, Technology.
• Solid knowledge of regulatory standards, market risk methodologies (VaR/SVAR, ES, CCAR, stress testing).
• Solid quantitative skills (statistics, probability, derivatives valuation).
• Superior verbal and written communication skills with diverse audiences.
• Ability to operate independently in a complex, matrixed environment.
• Basic knowledge of AI tools (e.g., ChatGPT, Microsoft Copilot).

Responsabilidades

• Market Risk Management for US credit trading across IG corporates, HY corporates, Leveraged Loans and EM bonds.
• Hybrid credit products such as convertibles and XVA.
• Market Risk Management for underwriting of corporate bonds and convertibles in the US.
• Management of new product onboarding and applicable policies & procedures.
• Management of infrastructure projects supporting the credit business.
• Management of relationships with US and European regulators (e.g., regulatory audits).
• Management of regulatory projects (e.g., FRTB US, GMS) applicable to the credit trading businesses.
• Implementation of AI tools.

Conocimientos

Risk management

Credit products

Cross-functional

Regulatory standards

Quantitative skills

Communication

AI tools basics

Educación

Bachelor's Degree in Business/Finance/Engineering/CS

Graduate degree in quantitative field

Descripción del empleo

Santander in the United States is seeking a seasoned Head of Market Risk for US Credit Trading, Executive Director, reporting to the US Head of Market Risk and the CRO of Santander Capital. You will lead Market Risk for trading of credit products and oversee onboarding, policy implementation and regulatory interactions.

The role requires 12+ years of risk management experience, deep knowledge of hybrid credit products, cross‑functional collaboration across Finance, Technology and Risk, and the