PolyPath Market Risk Specialist (Python/Java)

Santander US; New York (NY); On-site; USD 145,000 - 180,000; Full time

Job summary

Santander US is seeking an experienced PolyPath Market Risk Specialist to support pricing, valuation and risk analytics within a large banking environment. You will work with front office, risk, finance, model and technology teams to translate complex market risk requirements into scalable technical solutions.

Strong Python and Java skills, deep PolyPath expertise, and knowledge of fixed-income products (MBS, CMO, ABS) are essential. 5+ years in banking or capital markets preferred.

Qualifications

• Expert-level knowledge of PolyPath.
• Strong experience in market risk, preferably within banking or capital markets.
• Strong programming skills in Python and Java.
• 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.
• Strong analytical skills with the ability to explain technical and market risk concepts clearly to both business and technology teams.
• Experience working in a large banking, financial services, or regulated financial institution environment.
• 5+ years of experience in banking, capital markets, financial technology, or market risk technology preferred.

Responsibilities

• Support pricing, valuation, and market risk workflows within the PolyPath ecosystem.
• Partner with business, risk, model, and technology teams to translate complex market risk requirements into scalable technical solutions.
• Support market risk processes including sensitivities, stress testing, scenario analysis, VaR, pricing, and valuation workflows.
• Work with fixed‑income and structured products (MBS, CMO, ABS, securitized products).
• Develop, enhance, and troubleshoot applications and integration components using Python and Java.
• Support migration, modernization, and integration initiatives involving legacy systems and PolyPath architecture.
• Improve platform stability through automation, monitoring, and issue resolution processes.

Skills

PolyPath

Python

Java

Fixed‑income knowledge

MBS

CMO

ABS

Risk analytics

Cross‑functional collaboration

Education

Bachelor’s Degree

Master’s Degree

Job description

Santander US is seeking an experienced PolyPath Market Risk Specialist to support pricing, valuation and risk analytics within a large banking environment. You will work with front office, risk, finance, model and technology teams to translate complex market risk requirements into scalable technical solutions.

Strong Python and Java skills, deep PolyPath expertise, and knowledge of fixed-income products (MBS, CMO, ABS) are essential. 5+ years in banking or capital markets preferred.