Markets ETD Risk Product Specialist, Vice President - New York

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Markets ETD Risk Product Specialist, Vice President - New York
Santander is a global leader and innovator in the financial services industry. We believe that our employees are our greatest asset. Our focus is on fostering an enriching journey that empowers you to explore diverse career opportunities while nurturing your personal growth. We are committed to creating an environment where continuous learning and development are prioritized, enabling you to thrive both professionally and personally. Here, you will find ample opportunities to connect and collaborate with talented colleagues from around the world, sharing insights and driving innovation together. First line of defense “ETD Risk Product Specialist” - ETD - IC4 is responsible for managing cleared derivatives risk opportunities, focusing on client cleared derivatives activity, risk identification, and mitigation strategies, as well as capital liquidity management. S/he will be responsible for assessing and mitigating risks associated with cleared derivatives, including market, credit, liquidity, counterparty, and operational risks.
The ETD platform has a multi-geography presence demanding cross-geography support
Partners with Sales teams on new business origination opportunities through the evaluation of risk associated with client activity and input to the negotiation process
Evaluates risk and calibrates respective trading limits and caps on exposure relative to client profile and market/product underlying dynamics to protect against potential losses
Enhances relationships with existing clients with the objective of enhancing revenue generation and risk-adjusted return on capital for the group
Through routine analysis leveraging available tools (stress scenario modeling, etc.), owns the identification of dislocation in Market/product underlying risk relative to CCP and client creditworthiness
Facilitates value preservation strategies by creating awareness of risk dislocation in order to exercise mitigants and legal rights    
Coordination with Sales, Market Risk, and Bankers to ensure the monitoring of client creditworthiness and assess the potential impact of default  
Acutely understands the importance of the platform’s crucial framework and levers to manage capital liquidity with respect to margin obligations to CCPs
Active participation in internal forums to educate product partners and management concerning risk initiatives
Participation in audits to address topics concerning risk monitoring   What You Bring: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Bachelor's Degree or equivalent work experience: Business or equivalent field. - Master's Degree Business or equivalent field. - 4+ Years Front Office Risk Management, or related experience. - Self-motivated and adept at setting, driving and collaborating with Sales to execute pipeline growth success. • Strong relationship management and negotiation skills. • Ability to work remotely and independently. • Ability to influence and drive complex initiatives and manage logistics with internal stakeholders. • Ability to travel within assigned territory as required. • Ability to work on international environment and engaged with headquarters. • High level of proficiency in financial calculations & fluency in Spanish. • Proficiency in Microsoft office products - Word, Excel and Outlook. • It Would Be Nice For You To Have: Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.


For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.


Risk Culture:
We embrace a strong risk culture and all of our professionals at all levels are expected to take a proactive and responsible approach toward risk management.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status or any other characteristic protected by law.
Depending on location, occasional moving and lifting light equipment and/or furniture may be required .
You may be evaluated in part based upon your performance of the tasks listed in this job description. This job description is not a contract for employment and either you or the employer may terminate your employment at any time for any reason.


We are committed to providing an inclusive and accessible application process for all candidates. If you require any assistance or accommodation due to a disability or any other reason, please contact us at TAOps@santander.
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Location:
New York
Job Type:
FullTime
Category:
Financial And Mathematical Associate Professionals

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