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    Associate - Receivables Securitizations - Trade & Working Capital - Global Transaction Banking (GTB) - New York, United States - Santander US

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    Description
    Associate - Receivables Securitizations - Trade & Working Capital - Global Transaction Banking (GTB)

    New York, United States of America


    Role Description:
    Structuring, pricing, and execution of trade receivable monetization transactions for SCIB clients of Santander US.


    Act as advisor, consultant, and first point of contact for clients exploring methods to utilize their receivables to meet their financing needs.

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

    Support the prospecting of new business origination.

    Assist in the internal approval process with the risk department.


    Essential Functions/Responsibility Statements:
    Contribute to the creation and future development of the Santander's receivable monetization capabilities.

    Grow business through developing new relationships and by maintaining and enhancing existing revenue streams.


    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 transaction profitability in line with the Bank's capital models presenting to the relevant committees, where applicable.

    Perform first line of defense role 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:
    To 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.


    Education:
    Bachelor's Degree, or equivalent degree and/or work experience, in Business, Finance, or a related field.


    Work Experience:
    5+ years of experience in Structured Finance or Receivable Finance with a minimum of 1 year in each.


    Skills and Abilities:

    Essential:


    Familiarity with receivable securitization techniques and the corresponding S&P methodologies (trade receivable, consumer, equipment, and future flow being the focus).


    Experience with the legal execution and design of receivable 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.


    Familiarity with both EU and US banking regulation, particularly as it relates to corporate and securitization exposures and risk-weighted asset calculations.

    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.

    High level of presentation and organizational skill.

    Understanding the competitive market and the role of technology within Trade Finance.

    Capability to develop relationships inside the organization to collaborate across geographical boundaries.

    English language proficiency.


    Desirable:
    Leveraged finance experience.

    Knowledge of other trade finance products (Payables/ ECA/ Doc Trade/ Inventory).

    Knowledge of ERP systems such as SAP/Oracle/ Sage.

    Additional languages (particularly Spanish).

    Previous exposure to operational Trade Finance areas (Middle Office, Back Office, Legal).

    Experience in the syndication of trade finance assets to buy-side investors.

    Chartered Certified Financial Analyst.

    Diversity & EEO Statements:

    At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams.

    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. Occasional moving and lifting equipment and furniture is required to support onsite and offsite meeting setup and teardown. Physically capable of lifting up to fifty pounds, able to bend, kneel, climb ladders.

    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 at any time for any reason.


    For NYC Job Applicants:
    The base annual salary range for this position is $145,000-$165,000. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.

    English

    Primary Location:
    New York, NY, Madison Ave Corp


    Other Locations:
    New York-New York


    Organization:
    Banco Santander S.A.

    AN EQUAL OPPORTUNITY EMPLOYER M/F/Vet/Disabled/SO


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