Santander US Capital Markets is looking for an experienced risk professional to join its Counterparty Credit Risk Team.This position provides independent Credit Risk Management oversight the firms’ Secured Financing and Structured Products businesses; and will also support the Counterparty Risk Management for FCM products.

Responsibilities

• Responsible for evaluating quantitative and qualitative analysis of counterparty risk
• Participate in due diligence efforts and managing counterparty credit risk to a global portfolio of Hedge Funds, Mortgage Originators, Financial Institutions, Asset Managers, and Private Equity Funds
• Prepare and approve client reviews, credit facilities, specific transactions, and exceptions within delegated credit authority
• Conduct ad hoc portfolio risk analysis of market and events and assess impact on counterparts
• Review new and significant businesses or transactions to ensure proper risk controls

• Development the risk infrastructure for new businesses and contributing to the improvement of risk systems and tools
• Negotiation of documentation, including MRA, MSFTA and FCM
• Collaborate with Operations and Margin Group to resolve credit-exposure related matters
• Monitor counterparty credit exposure and credit utilization
• Ensure the accuracy of key risk measurements
• Maintain Credit Risk Policies and Procedures

Qualifications

• Significant risk/risk-related counterparty credit work experience in banking/financial institutions with expertise in Commercial and Residential Mortgage Originators, alternative funds (hedge funds, private equity and Institutional family office)
• 15+ years of experience in financial services and risk management required
• Strong understanding of the Repo Market and MBS markets
• Sound knowledge and understanding of Capital Markets, derivative products, structured lending and PFE calculation
• Strong understanding of a broad range of financial instruments/asset classes in particular treasuries, MBS, ABS, loans, cleared derivatives and structured products
• Proven ability to provide strong analysis of risk/return trade-offs associated with transactions and counterparts
• Advanced knowledge in risk identification, risk assessment, controls development and reporting
• Developing relationships with key stakeholders within the Broker and across the Bank
• Knowledge and familiarity with SQL and VBA a plus
• Bachelor's degree/University degree or equivalent experience

Diversity & EEO Statements:  At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams. 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.  Occasional moving and lifting equipment and furniture is required to support onsite and offsite meeting setup and teardown.  Physically capable of lifting up to fifty pounds, able to bend, kneel, climb ladders.

Employer Rights:  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 at any time for any reason.

For NYC Job Applicants: The base annual salary range for this position is $174,370-$230,000.The exact compensation may vary based on skills, experience, training, licensure and certifications and location.

Primary Location: New York, NY, Madison Ave Corp

Other Locations: New York-New York

Organization: Santander US Capital Markets LLC