Brazil FX & Rates Trading, Vice President - New York
Apply Req ID: Req1456486 Date posted 05/27/2025Your Journey Starts Here:
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. Join us at Santander, where you are supported by a culture of engagement and a commitment to your success.
An exciting journey awaits, if you are interested in exploring the possibilities We Want to Talk to You!
We are seeking a trader with 4-5 year of experience in FX and Rates trading to join our Latin America desk in New York. The candidate will be responsible for pricing, executing and managing risk in Brazilian Assets ( BRL NDFs, Dis, Local Bonds). Candidate should be comfortable with variety of products spot, fx forward, and derivatives markets. You will work closely with our sales team globally to deliver robust service and trading strategies for Santander clients base across different segments of the bank.
Key Responsibilities:
- Trade BRL NDF, Fwds and NDFs
- Support our local currency and financing business (Total Return swaps)
- Support our Local Trading desk in Brazil
- Monitor and manage market risk
- Collaborate with sales and strategy team to provide market color and trade idea generation
- Ensure compliance with regulatory requirement and frameworks in place
- Build and maintain relationships with counterparties, focus on our institutional client base
- Enhancement of product capabilities and trading tools ( Efx and new products)
Qualifications
- Bachelor’s degree in Finace, Economics, or related field.
- 3-7 years of experience in Brazil FX and Rates Trading, experience in latam countries is a plus
- Understanding of BRL market structure and local rates markets
- Strong analytical, quantitative, and risk management skills
- Strong communication and interpersonal skills
- Fluent in Portuguese, English and Spanish will be a plus
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.
EEO Statement:
At Santander, we value and respect differences in our workforce. We actively encourage everyone to apply. Santander is an equal opportunity employer. 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.
Working Conditions:
Frequent minimal physical effort such as sitting, standing and walking is required for this role. Depending on location, occasional moving and lifting light equipment and/or furniture may be required.
Employer Rights:
This job description does not list all of the job duties of the job. You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. 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.
What To Do Next:
Review the internal eligibility guidelines here. If this sounds like a role you are interested in, then please apply.
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.us to discuss your needs.
Benefits:
Santander Benefits - 2025 Santander OnGoing/NH eGuide (foleon.com)
Primary Location: New York, NY, Madison Ave Corp
Other Locations: New York-New York
Organization: Banco Santander S.A.
The base pay range for this position is posted below and represents the annualized salary range. 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.
Salary: $150,000 - $250,000/year