Sr. Product Associate

Sr. Product Associate

Country: United States of America

Your Journey Starts Here:

Santander is a global leader and innovator in the financial services industry. We believe that our employees are our greatest asset. Our focus is on fostering an enriching journey that empowers you to explore diverse career opportunities while nurturing your personal growth. We are committed to creating an environment where continuous learning and development are prioritized, enabling you to thrive both professionally and personally. Here, you will find ample opportunities to connect and collaborate with talented colleagues from around the world, sharing insights and driving innovation together. Join us at Santander, where you are supported by a culture of engagement and a commitment to your success.

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Position Summary

The Product Sr. Specialist is responsible for the entire process of Equity Investment of SPBI. This includes but it is not limited to, the creation and management of a list of approved equities and ETFs (Universe) that could be incorporated into an investment proposal under a quantitive and qualitative metrics. In addition, s/he will be responsible for periodic reports to inform and support the equity selection and positioning, configuration of a model portfolio taking into account the market vision, the generation of tactical ideas and commercial opportunities in coordination with different platforms and communicate the asset class vision to the Global Investment Team and Asset Allocation Committee.

The Product Sr. Specialist reports to the Chief Investment Officer.

Risk Objectives

- Proactive identification of issues or concerns related to potential gaps in existing processes, procedures, policies, frameworks, etc.;
- Contribution to satisfactory results in audit reviews, compliance reviews, and regulatory examinations (internal/ external), Compliance and Regulatory Agency reviews; response to required corrective actions in a timely and complete manner;
- Completion of all assigned training (Compliance, Bank Secrecy Act, Audit, Code of Conduct, etc.) and reporting requirements within set timeframes; and
- Adherence to the Code of Conduct, assigned Risk Tolerance or Mandates and all organizational policies and procedures applicable to role. 

Primary Duties & Responsibilities

Equity Universe
• Establish a methodology for the selection of equities that comply with the approved framework and ensure high quality standards throughout the security selection process to add value to our customers and reduce the fiduciary risk of the bank.
• Prepare the investment documentation to support the entry/exit of a stock in the universe and ensure the correct communication of all investment platforms and commercial teams.
• Idetify potential areas where security selection policies and procedures require change and or where new ones need to developed.
• Create and alert system and prepare reports such as movement prices and multiples, valuations and others., that affect the recommended list (Universe).

Investment Strategy
• Prepare presentation and materials to support and defend the Equity Strategy to SPBI Asset Allocation Committee.
• Develop internal models and use external research sources to provide perspective on the main equities markets (OCDE and EM) and recommend a positioning on them.
• Elaborate daily, weekly and monthly reports with the in-house view to be used by the Investment platforms and Commercial area.
• Create and manage a model portfolio based on the Universe to provide our best ideas.
• Work closely with the different platforms (DPM, PA, and AIS) to create tactical ideas and commercial opportunities (SAS) and elaborate the support material to.

Core Competencies

Teamwork:
  • Brings out the best in each team member by consistently motivating and acknowledging peer contributions
  • Understands and leverages team dynamics
Relationship Management:
  • Improves relationships between key individuals to achieve seamless cross-team work flow and positively impact results
  • Uses informal networks to gain support for ideas and projects
Conflict:  • Identifies and focuses on resolving the key issue at the heart of the conflict
  • Displays strong diplomacy skills; anticipates and prepares for how others will react

Self-Starter:
  • Personally follows-up with others to check on progress, uncover problems, and identify areas where assistance is necessary
  • Takes initiative to act on new information and preemptively develo