Trade Settlement Loan Operations Team Lead at Santander

Dallas, Texas, United States

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ 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
5+ years of 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 & LoanIQ)
Excellent analytical, organizational, and communication skills
Proven ability to manage multiple priorities and meet tight deadlines
Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education (nice to have)

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
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
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

Key technologies and capabilities for this role

Syndicated LoansTrade SettlementLSTA StandardsTrade CaptureTrade AffirmationFundingReconciliationOperational Risk ManagementProcess ImprovementStakeholder CommunicationKPI ReportingTrade Breaks Resolution

Questions & Answers

Common questions about this position

What is the salary for the Trade Settlement Loan Operations Team Lead position?

This information is not specified in the job description.

Is this Trade Settlement Loan Operations Team Lead role remote or office-based?

This information is not specified in the job description.

What qualifications are required for the Trade Settlement Loan Operations Team Lead role?

A Bachelor’s degree is required. The role demands the ability to manage syndicated loan trades, ensure compliance with LSTA standards, handle stakeholder communication, drive process improvements, and oversee regulatory compliance.

What is the company culture like at Santander for this role?

Santander fosters an enriching environment focused on continuous learning, personal growth, collaboration with global colleagues, engagement, and employee success.

What makes a strong candidate for the Trade Settlement Loan Operations Team Lead position?

Highly motivated individuals with experience overseeing trade settlement operations, managing syndicated loan lifecycles, driving process improvements, and mentoring staff stand out.

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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