Corporate & Investment Banking Trade Receivable Securitization Associate/VP

The Role

The Difference You Make:

Structuring, pricing, and execution of trade receivable securitization transactions for Corporate and Investment Banking clients of Santander US.

Act as advisor, consultant, and first point of contact for clients exploring methods to optimize their working capital through receivables solutions to meet their financing needs.

Engage in the legal documentation negotiation of new and existing transactions in the receivable portfolio.

Lead the internal approval process with the risk, middle office and other support areas.

Engage with bankers, other products and areas to support the prospecting of new business origination and maintenance of existing book of transactions.

Key Responsibilities

• Contribute to the development of the Santander’s CIB receivable monetization capabilities.
• Grow business through developing new relationships and by maintaining and enhancing existing revenue streams.
• Develop prospect lists, marketing plans, and product specific pitch material jointly with Sales team.
• Career Development
• Coordinate stakeholders both internal (CDD, Compliance, Risks, Legal, IT, Compliance, Operations, etc.) and external (Legal firms, Insurers, brokers, etc.) to provide a best-in-class service and seamless end to end execution including client onboarding and due diligences process.
• Ensure understanding of the Bank’s operating practices and governance and ensure these are followed in line with the guidelines.
• Provide pricing / market intelligence to transactions, ensuring deal profitability is in line with the Bank’s capital models and presenting the transactions to the relevant committees, where applicable.
• Work closely with first line of defense team for the bank across all risks: Financial / Credit, Legal, Reputational, Regulatory, Compliance, etc.
• Reporting to senior management regarding the progress of the commercial agenda.

Qualifications

• Extensive expertise with securitization, and the corresponding S&P methodologies.
• Experience with the legal execution and design of receivables purchase agreements and/or other legal documentation; to facilitate the sale, perfection, or financing of receivables and/or other assets.
• Understanding of the Uniform Commercial Code in the US and legal perfection in a variety of geographies.
• Knowledge of credit risk evaluation techniques for both corporates and securitizations.
• Significant financial statement and analysis knowledge (working capital cycle, cash flow forecasting, financial statement analysis, modelling etc.).
• Ability to explain IFRS and US-GAAP sale accounting.
• Basic understanding of common statistical concepts and modeling techniques such as normal distributions, monte carlo simulation, and linear regression.
• High motivation, proactivity, and accomplished business origination skills.
• Experience in Structured Finance products or Receivable Finance.
• High level of presentation and organizational skills.
• Understanding the competitive market and the role of technology within Trade Finance.
• Capability to develop relationships inside the organization to collaborate across geographical boundaries.
• Bachelor’s degree, or equivalent.

Desirable but not Required

• Knowledge of other trade finance products (Payables / ECA / Doc Trade / Inventory Finance).
• Knowledge of ERP systems such as SAP / Oracle / Sage.
• Additional languages (particularly Spanish).
• Previous exposure to operational Trade Finance support areas (Middle Office, Back Office, Legal, Risk).
• Experience in the syndication of trade finance assets to buy-side investors.
• Chartered Financial Analyst.

Risk Culture

We 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 Rights

This 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.

What To Do Next

If this sounds like a role you are interested in, then please apply.