CIB Head of Market Risk for Securitized Products Trading, Executive Director Country: Vereinigte StaatenIt Starts Here: Santander is a global leader and innovator in the financial services industry and is evolving from a high‑impact brand into a technology‑driven organization. Our people are at the heart of this journey and together, we are driving a customer‑centric transformation that values bold thinking, innovation, and the courage to challenge what’s possible. This is more than a strategic shift. It’s a chance for driven professionals to grow, learn, and make a real difference. If you are interested in exploring the possibilities We Want to Talk to You!
The Difference You MakeCorporate Investment Banking (CIB) Market Risk is responsible for defining and establishing a Market Risk management framework for the Bank by coordinating the efforts of the Market Risk team. S/he ensures the accurate identification, calculation, analysis and reporting of market‑and‑liquidity‑risk metrics in order to support the decision‑making process of senior management. The role also entails the definition and improvement of market risk policies and governance and ensures compliance of business lines of the Bank to said polices, consistent with regulatory guidance and expectations.
The responsibilities of the “CIB Head of Market Risk for Securitized Products Trading” (reporting to the US Head of CIB Market Risk/CRO of Santander Capital) include: Market Risk Management for all securitized products trading in the US.
Products include secondary trading of agency RMBS (passthroughs, CMOs), agency CMBS, non‑agency products (ABS, RMBS, CMBS, CLOs) as well as whole loan trading and securitization.
Market Risk lead for the new CMBS conduit business.
Limit management including coordination of policy & procedure review as well as products onboarding.
Management of the risk infrastructure and systems supporting the securitized products.
Management of relationships with US and European regulators.
Management of large (regulatory) projects (e.g., FRTB). Implementation of AI tools.
Additional responsibilities depending on the candidate’s experience and skill set.
What You BringTo perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Bachelor’s Degree or equivalent work experience: Business, Finance, Management, or equivalent field. – Required.
Graduate degree in a quantitative field preferred.
In-depth understanding of products and trading strategies across agency and non‑agency securitized products.
Strong knowledge of prepayment and valuation methodologies for securitized products.
Ability to advise trading desks on risk taking/mitigation and (regulatory) capital usage.
Strong cross‑functional expertise (e.g., market risk, finance, model risk management, technology).
Strong knowledge of regulatory standards and experience with market risk methodologies (e.g., VaR, ES, CCAR, stress testing).
Solid quantitative skills (e.g., statistics, probability theory, derivatives valuation) and basic programming skills (e.g., Python).
Superior verbal and written communication skills including the ability to tailor a message to the relevant audience (e.g., trading desk, senior management, regulators, quantitative developers).
Experience in managing teams and proven people management skills.
Ability to independently operate in a complex, matrixed environment; adept at delivering and maintaining productive working relationships across business, functions, geographies and lines of defense.
Certifications:
No Certifications listed for this job.
What Else You Need To KnowThe base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non‑exempt), the annual range is based on a 40‑hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.
Base Pay Range:
Minimum: $240,000.00 USD Maximum: $300,000.00 USD
We Value Your ImpactYour contribution matters and it’s recognized. You can expect a fair and competitive rewards package that reflects the impact you create and the value you deliver. We know rewards go beyond numbers. Offering more than just a paycheck our benefits are designed to support you, your family and your well‑being, now and into the future.
Santander Benefits - 2026 Santander OnGoing/NH eGuide (foleon.com)
Risk CultureWe embrace a strong risk culture and all of our professionals at all levels are expected to take a proactive and responsible approach toward risk management.
EEO Statement:
At Santander, we value and respect differences in our workforce. We actively encourage everyone to apply. Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status or any other characteristic protected by law.
Working Conditions:
Frequent minimal physical effort such as sitting, standing and walking is required for this role. Depending on location, occasional moving and lifting light equipment and/or furniture may be required.
Employer RightsThis job description does not list all of the job duties of the job. You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. This job description is not a contract for employment and either you or the employer may terminate your employment at any time for any reason.
The Santander EffectMit unserer Arbeit beeinflussen wir jeden Tag das Leben von 140 Millionen Menschen weltweit. Wie? Indem wir Innovationen vorantreiben, unsere Erfahrungen teilen, Arbeitsweisen hinterfragen und uns neuen Herausforderungen stellen. Wir bei Santander sehen uns nicht nur als Bank, sondern in erster Linie als Unterstützer. Für die ganz individuellen Pläne jedes Einzelnen und für die Welt, in der wir morgen leben. Als Teil der nachhaltigsten Bank Europas setzen wir uns für Vielfalt ein. Wir übernehmen Verantwortung - sozial, wirtschaftlich und ökologisch. Dafür gibt unser Team jeden Tag alles. In einem veränderungsbereiten, fairen Umfeld fördern wir das Miteinander und fordern uns gegenseitig heraus. Denn gemeinsam können wir selbst mit kleinen Dingen eine große Wirkung erzielen. Das ist der „Santander Effect“ - gemeinsam erreichen wir Großes.