GTB & Structured Finance Middle Office Analyst III at Santander

Fresno, California, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Banking, Finance, Investment BankingIndustries

Requirements

Strong academic track record (preferably in business administration, finance, accounting and/or economics). (Required)
At least 3 to 5 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)
Soft Skills: highly motivated, responsible, challenging, able to work as part of a team, highly problem solving, with a strong [incomplete]

Responsibilities

Structuring, Management and control of documentary trade transactions (Guarantees and Letter of Credit) booked in European Branches: checking clients’ requests and collecting internal 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 and audit activities

Skills

Key technologies and capabilities for this role

Documentary TradeGuaranteesLetters of CreditRisk ManagementComplianceTrade StructuringTransaction BookingMiddle Office OperationsStructured FinanceReporting

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 while supporting teams across European Branches.

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

Key responsibilities include structuring and controlling documentary trade transactions like Guarantees and Letters of Credit, monitoring customer risks, managing documentation and signatures, liaising with back office, supporting accounting, and acting as a point of contact for clients and internal teams.

What skills and experience are required for this position?

The role requires knowledge, skills, and abilities essential for success in documentary trade middle office tasks, including structuring transactions, risk monitoring, documentation control, and collaboration across teams; specific details are outlined as essential requirements.

What is the company culture like at Santander CIB?

Santander values bold thinking, innovation, customer-centric transformation, a strong risk culture, and empowering individuals to contribute unique perspectives while collaborating across teams.

What makes a strong candidate for this Analyst III role?

A strong candidate will have the essential knowledge, skills, and abilities for middle office tasks in documentary trade, with a proactive approach to risk, strong collaboration skills across Front Office, legal, compliance, and back office teams, and the ability to manage complex transactions.

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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