VP, Treasury Operations Manager
New York, NY, USA | Santander Consumer USA
Operations / Production
Job Description:61 people have viewed this job
The Santander Corporate and Investment Banking (CIB) Manager of Treasury Operations is responsible and accountable for supporting and protecting CIB business activity by conducting end-to-end processes and controls throughout the whole Operations value chain while ensuring i) oversight of operations processes and controls related to Derivatives, Money Market and FX products ii) business partnership, iii) resource & flow efficiency, iv) quality in execution and v) strict control of the operational risks, for Santander Bank N.A. and Banco Santander S.A. NY Branch CIB US entities
The position requires a person able to understand the dynamics of business in Treasury and having experience in Operations oversight task execution and processes.
This person will need to be competent, proactive, proven team player, disciplined, problem solver and goal oriented. Moreover, this position requires someone highly collaborative and able to assess situations and deal with them in a rational way.
Acts as Operations Relationship Manager by offering value-added support and guidance to customers / business partners and placing their needs at the forefront of all that Operations Treasury do, setting world class standards.
Effective oversight and control of the CIB Operations processes executed by the department, and also outsourced to the factories of the group ensuring service levels are maintained in all aspects, in particular for time-critical trade execution.
Ensure the Operations department is fully compliant with US regulations, Legal requirements, and Compliance and Tax policies.
Proactively develops effective strategies to manage new relationships by anticipating customer needs and providing superior quality services.
Works with product partners to assess customer needs and offer appropriate solutions.
Ensure the appropriate monitoring of service level with third-party vendors. Interact with them in a regularly basis to ensure all processes are performed in accordance to the KPIs and implement new processes in case of necessary.
Ensure the generation, maintenance, distribution and use of the information and tools required to maintain the daily activity
Establish and update controls and procedures to mitigate operational risks across multiple fields: Reconciliations, Confirmations, Payments, Settlements, Collateral Management, Client Onboarding and Static
Interact with internal and external auditors
Quality assurance on processes and new systems implementation, executing and monitoring User Acceptance Test (UAT) processed. Active participation in the UAT designs to ensure all cases are reflected properly. Sign off on project related documents to ensure new product or process covers all the requirements.
At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams. We encourage everyone to apply.
Education Requirements: Bachelor’s degree in business administration, Finance, Accounting, Economics or similar.
Experience: more than 8 years’ experience in Back Office/Operations of Treasury/Capital Markets
Certification Requirements: none
Proficient in Microsoft Office including Outlook, Word, Advanced Excel (VBA macros, reports) and Power Point. MS Access will be considered a plus.
Valuable fluent in Spanish language skills
Valuable working experience in different countries.
Extensive knowledge of financial products: Foreign Exchange, Interest Rate Swaps, Cross Currency Swaps, Equity Options, Listed Futures, Mortgage Based Securities, Money Market (CPs, CDs, Time Deposits) and FX Contracts
Collaborativeand communication skills
Able to multi-task different responsibilities and function in a team environment.
Possess strong analytical and problem-solving skills.
Proven experience in project management skills including system migration and new product implementation
Proven experience developing and coaching others indirectly or directly
Proven track record of managing operations teams and providers of outsourced services
Knowledge of compliance to CIB around execution of controls to minimize the operational risk
Knowledge of Fedwire and SWIFT message formats
Knowledge of Dodd Frank regulations and how it pertains to OTC Derivatives
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