Job Information
Santander US Director/Vice-President, Counterparty Credit Risk in New York, New York
Director/Vice-President, Counterparty Credit Risk
New York, United States of America
Santander US Capital Markets is looking for an experienced risk professional to join its Counterparty Credit Risk Team. This position provides independent Credit Risk Management oversight the firms’ Secured Financing and Structured Products businesses; and will also support the Counterparty Risk Management for FCM products.
Responsibilities
Responsible for evaluating quantitative and qualitative analysis of counterparty risk
Participate in due diligence efforts and managing counterparty credit risk to a global portfolio of Hedge Funds, Mortgage Originators, Financial Institutions, Asset Managers, and Private Equity Funds
Prepare and approve client reviews, credit facilities, specific transactions, and exceptions within delegated credit authority
Conduct ad hoc portfolio risk analysis of market and events and assess impact on counterparts
Review new and significant businesses or transactions to ensure proper risk controls
Development the risk infrastructure for new businesses and contributing to the improvement of risk systems and tools
Negotiation of documentation, including MRA, MSFTA and FCM
Collaborate with Operations and Margin Group to resolve credit-exposure related matters
Monitor counterparty credit exposure and credit utilization
Ensure the accuracy of key risk measurements
Maintain Credit Risk Policies and Procedures
Qualifications
Significant risk/risk-related counterparty credit work experience in banking/financial institutions with expertise in Commercial and Residential Mortgage Originators, alternative funds (hedge funds, private equity and Institutional family office)
15+ years of experience in financial services and risk management required
Strong understanding of the Repo Market and MBS markets
Sound knowledge and understanding of Capital Markets, derivative products, structured lending and PFE calculation
Strong understanding of a broad range of financial instruments/asset classes in particular treasuries, MBS, ABS, loans, cleared derivatives and structured products
Proven ability to provide strong analysis of risk/return trade-offs associated with transactions and counterparts
Advanced knowledge in risk identification, risk assessment, controls development and reporting
Developing relationships with key stakeholders within the Broker and across the Bank
Knowledge and familiarity with SQL and VBA a plus
Bachelor's degree/University degree or equivalent experience
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: 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 $174,370-$230,000. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.
Primary Location: New York, NY, Madison Ave Corp
Other Locations: New York-New York
Organization: Santander US Capital Markets LLC
AN EQUAL OPPORTUNITY EMPLOYER M/F/Vet/Disabled/SO