PolyPath Market Risk Tech Specialist (Java/Python)

Santander; United States; On-site; USD 175,000 - 220,000; Full time

Job summary

Santander’s Corporate & Investment Banking (CIB) is seeking an experienced PolyPath Market Risk Specialist with strong technical and business knowledge to support pricing, valuation, and market risk activities within a large banking environment.

The ideal candidate will have deep expertise in PolyPath, strong hands-on programming in Python and Java, and solid knowledge of fixed income products, including securitized instruments such as mortgage-backed securities and CMOs.

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 and ability to explain technical concepts to business and tech teams.

Responsibilities

• Support and enhance PolyPath platform capabilities used for pricing, valuation, trading, and market risk workflows.
• Partner with business, risk, model, and technology teams to translate market risk requirements into scalable technical solutions.
• Support market risk processes including sensitivities, stress testing, scenario analysis, VaR, pricing, and valuation workflows.
• Develop, enhance, and troubleshoot applications, scripts, and integration components using Python and Java.
• Analyze system issues, performance bottlenecks, data discrepancies, and production incidents related to PolyPath and downstream risk systems.
• Collaborate with front office, risk, finance, infrastructure, and application development teams to ensure accurate delivery of risk analytics.
• Support migration, modernization, and integration initiatives involving legacy trading or risk systems and PolyPath architecture.
• Improve platform stability through automation, monitoring, alerting, and issue resolution processes.

Skills

PolyPath

Python

Java

Market risk

Fixed income products

Troubleshooting

System integration

Education

Bachelor’s Degree

Tools

APIs

Messaging frameworks

Data pipelines

Job description

Santander’s Corporate & Investment Banking (CIB) is seeking an experienced PolyPath Market Risk Specialist with strong technical and business knowledge to support pricing, valuation, and market risk activities within a large banking environment.

The ideal candidate will have deep expertise in PolyPath, strong hands-on programming in Python and Java, and solid knowledge of fixed income products, including securitized instruments such as mortgage-backed securities and CMOs.