Associate Structured Receivables at Santander

Boadilla del Monte, Community of Madrid, Spain

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Banking, Investment BankingIndustries

Requirements

Extensive experience (3+ years) in trade receivables portfolio analysis, securitization of other asset classes desirable, with documented track record of structuring these transactions from an investment banking background
Degree in Economics, Finance, Engineering, Mathematics or other related fields
Knowledge of trade receivables products, IFRS/US GAAP accounting treatment, insurance market, securitization documentation
Strong analytical and financial modeling skills (including cash flow modeling and data analysis)
Excellent knowledge of applicable regulatory framework
Strong communication skills to effectively manage conversations at C-level (desirable)
Languages: Spanish and English (knowledge of a third language positively valued)
Availability to travel

Responsibilities

Structuring and execution of structured trade receivables deals across all geographies, focusing on diversified portfolio of trade receivables using different mechanisms and models to mitigate portfolio risk
Business origination: assist in the origination of structured trade receivables transactions across different countries
Support on the approval process with the risk department, negotiation of legal documentation with stakeholders, and communication with brokers and insurance companies
New product development in a fast-paced work environment within the trade receivables franchise
Support on strategic projects within the investment franchise by managing dialogue with Private Equity firms, including full ownership on the origination, structuring, and execution of underlying transactions

Skills

Key technologies and capabilities for this role

Structured Trade ReceivablesRisk ManagementLegal NegotiationBusiness OriginationProduct DevelopmentPortfolio Risk MitigationPrivate Equity

Questions & Answers

Common questions about this position

What experience is required for the Associate Structured Receivables role?

The role requires extensive experience (3 years+) in trade receivables portfolio analysis, with securitization of other asset classes desirable, and a documented track record of structuring these transactions from an investment banking background.

What education is needed for this position?

Candidates should have degrees in Economics, Finance, Engineering, Mathematics or other related fields.

What key skills and knowledge are required?

Required skills include knowledge of trade receivables products, IFRS/US GAAP accounting treatment, insurance market, and securitization documentation, along with strong analytical and financial modeling skills, excellent regulatory knowledge, and strong communication skills for C-level interactions. Languages required are Spanish and English, with a third language positively valued.

Where is this job located and is it remote?

The job is located in Spain. No information is provided about remote work options.

What is the compensation for this role?

This information is not specified in the job description.

Santander

Provides banking, investment, and insurance services

About Santander

Santander Bank provides a variety of financial services to individuals, small businesses, and large corporations in the United States. Its offerings include savings and checking accounts, loans, credit cards, and investment products. The bank also has specialized services through Santander Investment Services and insurance products via Santander Securities LLC. Santander stands out from its competitors by focusing on community growth, committing $13.6 billion to support initiatives like the 'Cultivate Small Business' program, which aids early-stage entrepreneurs, especially from underrepresented groups. The bank generates revenue through interest on loans, service fees, and commissions, while promoting responsible banking practices and financial education. Santander's goal is to empower individuals and businesses, enhance community prosperity, and provide comprehensive financial solutions.

Boston, MassachusettsHeadquarters

1902Year Founded

$75MTotal Funding

POST_IPO_DEBTCompany Stage

Fintech, Financial ServicesIndustries

10,001+Employees

Benefits

Health, dental, & vision

401k

Flexible PTO

Parental & sick leave

Discounts: technology, travel, auto, fitness, & tuition

Risks

ISO 20022 transition may challenge smaller business partners.

'Quishing' attacks pose a growing threat to consumer security.

Openbank faces competition in the U.S. high-yield savings market.

Differentiation

Santander's Openbank offers a 5.00% APY high-yield savings account nationwide.

The bank's Inclusive Communities Plan pledges $13.6 billion for community initiatives.

Santander's ISO 20022 adoption enhances operational efficiency and data management.

Upsides

Openbank's high-yield savings account attracts more U.S. customers.

Santander's renewable energy financing highlights commitment to sustainable investments.

Proactive cybersecurity measures enhance customer trust and protect digital assets.

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