SCIB Associate – European Securitised Products at Santander

London, England, United Kingdom

Apply Now

Not SpecifiedCompensation

Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Banking, Securitised Products, Capital MarketsIndustries

Requirements

Experience in a securitisation credit risk, portfolio management or secured/asset backed lending role, either in a bank, rating agencies or on the buy-side
Experience in underwriting credit risk associated with retail assets (mortgages, credit cards, consumer/auto loans) or trade receivables/SME loans particularly desirable
Experience of core loan and/or bond booking systems as well as credit management systems helpful
Good understanding of risk, regulatory and compliance frameworks as well as ability to address areas of concern through actions
Strong communication and collaboration skills across various stakeholders at different seniority levels, and ability to work effectively as a team
Ability to work well under pressure and handle multiple tasks with limited supervision
Strong attention to detail and ability to produce consistently high-quality deliverables
Ability to build strong partnerships with internal stakeholders
A “can-do” and pro-active attitude
Highly numerate with strong financial modelling skills using Excel/VBA
Educated to Degree level in a relevant subject (Engineering, Finance, Science, and Mathematics)

Responsibilities

Lead the first line credit performance monitoring & surveillance for SPG financing business across Europe
Assist the head of the team in assessing & signing off new securitised lending opportunities
Advise front line origination in preparing annual credit reviews, assessing waivers and restructuring requests from borrowers & addressing ad-hoc requests from the credit function/SPG senior management
Oversee the management of the monthly credit attestation process & the preparation of portfolio quarterly performance reviews
Produce balance sheet and revenue forecasts & performance MI for the business
Be responsible for the maintenance of all internal desk procedures manuals
Assist the head of the team in defining and managing the risk appetite for the SPG business
Key liaison with the London & Madrid middle-office and back-office functions across financing facilities
Liaison with finance teams in London and Madrid, the credit portfolio management and risk management functions across European SPG operations
Active involvement in the design, structuring and future management of a new ABCP conduit

Skills

Credit Monitoring

Surveillance

Securitised Lending

Credit Reviews

Risk Assessment

Portfolio Management

Financial Forecasting

MI Reporting

Risk Appetite

Stakeholder Liaison

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