Quantitative Market Risk Analyst

Quantitative Market Risk Analyst - Fixed Income

As one of the UK's leading financial services Santander offers a comprehensive range of financial products and a high standard of service to 24 million customers. We are part of one of the world's largest banks - Grupo Santander, which means we're stronger than ever and looking to the future with confidence.

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 Fixed Income team is looking for a Market Risk Analyst to assist in the daily production and analysis of market risk.

As a Quantitative Market Risk Analyst - Fixed Income your skills and qualifications will ideally include:

* A degree and/or masters in a mathematical or financial subject
* Strong Quantiative background
* Experience of working with Murex
* An understanding of VaR and derivative Greeks
* An understanding of P&L components
* 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 then any other international bank. AtSantander we are committed to serving our customers, helping make the most of there money. In theUK we have over 25million customers, 1.8 million shareholders, more than 1300 branches and 4,100 cash machines. Our goal? To be the best retail bank in theUK.

As a Quantitative Market Risk Analyst - Fixed Income your main responsibilities will involve:

* Identifying and measuring market risks / P&L associated with derivative products
* Analysis and reporting of these risks / P&Ls
* Monitoring and management of risk / P&L limits
* 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

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 financial products quickly

Location: London

Salary Upon Application. Please note this is a 6 Month Fixed Term contract.