PolyPath Market Risk Technology Specialist Java/Python - Openbank Deutschland AG

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 Make:

Santander's Corporate & Investment Banking (CIB) business 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 or capital markets environment.

The ideal candidate will have deep expertise in PolyPath , strong hands-on programming skills in Python and Java , and solid knowledge of fixed income products , particularly structured products such as Mortgage-Backed Securities, Collateralized Mortgage Obligations, and other securitized fixed income instruments . Candidate should understand both the business side of market risk and the technical side of supporting large-scale financial systems. They should be comfortable working with traders, risk managers, quants, model teams, developers, and infrastructure teams.

This role requires someone who can work closely with front office, risk, finance, model, and technology teams to support risk models, valuation tools, pricing workflows, and market risk systems.

Key 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 complex market risk and fixed income 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, including:

Mortgage-Backed Securities

Collateralized Mortgage Obligations

Asset-backed or securitized products

Other structured fixed income instruments

Develop, enhance, and troubleshoot applications, scripts, and integration components using Python and Java .

Support pricing pipelines, risk data flows, market data integration, and valuation processes within the PolyPath ecosystem.

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 and timely delivery of risk analytics.