Markets ETD Risk Product Specialist, Vice President - New York

Markets ETD Risk Product Specialist, Vice President - New York

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.

An exciting journey awaits, if you are interested in exploring the possibilities We Want to Talk to You!

First line of defense “ETD Risk Product Specialist” - ETD - IC4 is responsible for managing cleared derivatives risk opportunities, focusing on client cleared derivatives activity, risk identification, and mitigation strategies, as well as capital liquidity management. S/he will be responsible for assessing and mitigating risks associated with cleared derivatives, including market, credit, liquidity, counterparty, and operational risks.

• The ETD platform has a multi-geography presence demanding cross-geography support
• Partners with Sales teams on new business origination opportunities through the evaluation of risk associated with client activity and input to the negotiation process
• Evaluates risk and calibrates respective trading limits and caps on exposure relative to client profile and market/product underlying dynamics to protect against potential losses
• Enhances relationships with existing clients with the objective of enhancing revenue generation and risk-adjusted return on capital for the group
• Through routine analysis leveraging available tools (stress scenario modeling, etc.), owns the identification of dislocation in Market/product underlying risk relative to CCP and client creditworthiness
• Facilitates value preservation strategies by creating awareness of risk dislocation in order to exercise mitigants and legal rights    
• Coordination with Sales, Market Risk, and Bankers to ensure the monitoring of client creditworthiness and assess the potential impact of default  
• Acutely understands the importance of the platform’s crucial framework and levers to manage capital liquidity with respect to margin obligations to CCPs
• Actively monitors and engages with respective stakeholders to ensure CCP margin obligations are met through proactive modeling of actual and stress induced scenarios
• Active participation in internal forums to educate product partners and management concerning risk initiatives
• Participation in audits to address topics concerning risk monitoring  
  
  What You Bring:
  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.
  
  Bachelor's Degree or equivalent work experience: Business or equivalent field. - Required.
  Master's Degree Business or equivalent field. - Preferred.
  
  4+ Years Front Office Risk Management, or related experience. - Required.
  • Self-motivated and adept at setting, driving and collaborating with Sales to execute pipeline growth success.
  • Very strong interpersonal communication skills, complemented by both excellent verbal and written communication.
  • Expert presentation and public speaking skills.
  • Strong relationship management and negotiation skills.
  • Strong organizational skills and detail orientation, as well as analytical skills.
  • Demonstrated complex contact negotiation/creation skills.
  • Ability to work remotely and independently.
  • Ability to influence and drive complex initiatives and manage logistics with internal stakeholders.
  • Ability to travel within assigned territory as required.
  • Ability to analyze/understand leading technologies and companies.
  • Strong analytical / problem solving skills.
  • Ability to work on international environment and engaged with headquarters.
  • Demonstrated ability to motivate and influence others.
  • High level of proficiency in financial calculations & fluency in Spanish.
  • Proficiency in Microsoft office products - Word, Excel and Outlook.
  • Self-motivated with strong initiative to achieve goals
  
  Certifications:
  No Certifications listed for this job.