CIB Loan Operations, Associate - Dallas/Miami at Santander

Dallas, Texas, United States

Apply Now

Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Banking, Financial ServicesIndustries

Requirements

Bachelor’s degree in Finance, Business, or related field; MBA or professional certification (e.g., CFA, PMP) is a plus
3-5 years of work experience
Familiarity with regulatory frameworks such as Dodd-Frank and SOX
Experience working in a global banking environment
Proficiency in Excel, SQL, and workflow tools
Strong knowledge of syndicated loan products, trade settlement processes, and industry platforms (e.g., ClearPar, Syndtrak, Debtdomain, LoanIQ, Trade Innovation)
Excellent analytical, organizational, and communication skills
Proven ability to manage multiple priorities and meet tight deadlines

Responsibilities

Manage the full lifecycle of syndicated loan trades, including trade capture, affirmation, documentation, funding, and reconciliation
Ensure accurate and timely settlement of both primary and secondary market trades in accordance with LSTA standards
Ensure accurate and timely servicing of loans and letters of credit in accordance with industry standards and client requirements
Coordinate with counterparties, agents, and custodians to resolve discrepancies and ensure smooth settlement
Escalate and resolve trade breaks, settlement delays, and operational risks in a timely manner
Provide regular updates and reporting to senior management on trade volumes, exceptions, and KPIs
Participate in the identification of inefficiencies and implementation of enhancements to reduce settlement times and operational risk
Collaborate with technology teams to automate manual processes and improve system functionality
Ensure execution with compliance with internal policies, regulatory requirements (e.g., SOX, FDPA, Regulation H), and industry standards
Support internal and external audits by providing documentation, responding to inquiries, and implementing corrective actions
Provide support and report on key risk indicators (KRIs) and support the development of control frameworks
Mentor and train junior staff on trade settlement processes, systems, and industry practices

Skills

Syndicated Loans

Trade Settlement

LSTA Standards

Trade Capture

Trade Affirmation

Loan Servicing

Letters of Credit

Reconciliation

Risk Management

Process Improvement

KPI Reporting

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.

Land your dream remote job 3x faster with AI

Try Jobo Free