We're passionate about helping people and businesses prosper and we strive to be simple, personal and fair in everything we do. That's why we've built a culture of respect, where everyone is empowered to keep their promises and go above-and-beyond for our customers, colleagues and the communities we serve. As a Risk Analyst - Product Control your main responsibilities will be Produce Risk and P&L reports for San UK PLC Banking Books. Assist in the definition and implementation of new requirements and in testing P&L impacts due to modelling changes, new systems or processes as part of the P&L production. Analyse and provide commentary for Risk and P&L results. This includes articulate Risk and P&L issues to Senior management on a timely manner. Analyse and resolve challenges raised by the Front Office Traders. Assist in the setting, reviewing and managing of Market Risk Mandates for permissible trading activity relating to products and potentially limits/triggers to P&L. Be part of the AORP process - reconciliation to the Finance information. P&L prediction for specific desk which includes the Hedge accounting element. Be part of the ROF analysis driven by the accounting numbers which include hedge accounting results. Calculation of Prudent Valuation Adjustments (AVA) and Fair Value Adjustments in line with the Model methodology. This also includes completeness and certification. Minimum skills and experience required Accounting qualification is preferred e.g. ACCA, ACA, CIMA. Alternatively, you should be Degree qualified in a numerate / technical subject or have equivalent experience. Understanding of risk sensitivities or Greeks. Experience working in a product control function. Strong attention to detail. Understanding hedge accounting concepts. Rewarding you Salary is Competitive For your commitment and success, Santander offers a competitive basic salary with a distinct career development opportunity. In addition to your salary and bonus, we offer you a benefits package that's flexible and allows you to be in control, as well as all the policies, tools and guidance to support you. Other Santander benefits include: Pension with generous contributions from Santander 27 days' holiday plus bank holidays, with the option to purchase up to 5 contractual days per year Voluntary healthcare benefits at discounted rates such as Private medical insurance, Dental insurance, Healthcare Cash Plan and Health assessments 24/7 access to an online employee discount platform. Save money on everything from groceries, electronics, fashion, holidays and much more Benefits supporting you and your family, such as voluntary Life assurance and Critical illness cover Option to a Company car if you drive more than 8,000 business miles per year Access to an All Employee car scheme Excellent employee recognition schemes - be recognised for demonstrating great behaviours Share in Santander's success by investing in our Sharesave and Partnership shares plans Support your favourite causes through charitable giving and our community partnerships Location Triton Square, London Our Triton Square office in London is conveniently located within walking distance from Euston Station and Warren Street Station. It's one of our biggest offices in the UK and is home to a range of key functions for the bank from Marketing, Finance and Risk to Digital and HR. With an onsite gym, restaurant, coffee shop and banking facilities, the atmosphere is a vibrant one with plenty of opportunities to socialise and get involved in local community and charity work. Why Santander? We'll give you more than a job, we'll give you a purpose - to help people and businesses prosper. Our aim is to be the best bank for our people, customers, shareholders and communities and we're making it happen by focusing on the behaviours that bring everyone together. By bringing passion, talking straight, embracing change, showing respect, speaking up, keeping promises, giving support, truly listening and actively collaborating, we believe we can really make a difference. We've created an environment where we always put people first, that's why we offer flexible work options to help you do your job in a way that suits you. Whatever your unique ambitions, you'll have plenty of room to grow, with tailored training and development opportunities and a wide range of benefits designed to suit your lifestyle. What's more, we'll also support you in making a difference through our volunteering and fundraising schemes. Our commitment to our people hasn't gone unnoticed and we've been listed as one of Britain's Top Employers by the Top Employers Institute since 2012. Time to apply If this sounds like a role you're interested in then please apply on the link below. Equal Opportunities Statement Santander are an equal opportunities employer who are simple, personal and fair in everything we do. For more information on our commitment to equal opportunities, please visit our diversity page here.