GTB & Structured Finance Middle Office Analyst at Santander

Fresno, California, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Banking, Investment Banking, Financial ServicesIndustries

Requirements

Strong academic track record (preferably in business administration, finance, accounting and/or economics). (Required)
At least 1-2 years experience in Documentary Trade Middle office preferably gained in an international environment along with a sound passion for financial concepts as well as strategic thinking. (Required)
Bachelor´s degree required (preferably Master´s degree); strong academic track record (preferably in business administration, finance, accounting and / or economics). (Required)
English: Highly proficient in spoken and written (Required)
German: Highly proficient in spoken and written (Required)
Spanish/Italian (Preferred)
Microsoft Office Package, proficient level (Required)
Highly motivated, responsible, challenging, able to work as part of a team, highly problem solving, with a strong ability to adapt to a multi-cultural environment (Soft Skills)

Responsibilities

Support the structuring, management and control of documentary trade transactions (Guarantees and Letter of Credit) booked in European Branches: checking clients’ requests and collecting right authorizations (legal, risk, compliance…). Book transactions in MO system, review closing memo and file of all documentation. Control of Precedent conditions in our transactions
Monitoring and reporting of the customers risks position if required, raising identified risks
Monitoring and control all documentation and signatures to start operations and/or to disposal of the credit lines
Direct and proactive liaison with back office for the booking of the transactions, the fee management and various operational tasks
Support the accounting department providing any relevant information related to transaction booked in the branches
Be a direct and first point of contact for both clients and various internal departments in order to provide relevant information and solutions
Actively contribute to periodic internal administrative reports

Skills

Key technologies and capabilities for this role

Documentary TradeGuaranteesLetter of CreditRisk ManagementComplianceTransaction StructuringTransaction BookingRisk MonitoringMiddle Office Operations

Questions & Answers

Common questions about this position

Is this a remote position or does it require office work?

The role is based in the Malaga Office and requires working there, supporting local middle office teams across European Branches.

What are the key responsibilities for this Middle Office Analyst role?

Responsibilities include supporting the structuring, management and control of documentary trade transactions like Guarantees and Letters of Credit, monitoring customer risks, controlling documentation and signatures, liaising with back office, supporting accounting, and acting as a point of contact for clients and internal departments.

What is the salary or compensation for this position?

This information is not specified in the job description.

What is the company culture like at Santander CIB?

Santander values bold thinking, innovation, courage to challenge what's possible, a strong risk culture with proactive risk management, and diverse perspectives that empower teams to go beyond.

What makes a strong candidate for this role?

A strong candidate will have the essential knowledge, skills, and abilities for success in Documentary Trade Middle Office, including experience supporting transaction structuring, risk monitoring, documentation control, and cross-team collaboration in a banking environment.

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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