Corporate & Investment Banking Receivables Financing VP

Santander

4d • $185,000 - $220,000 • Onsite

About The Position

Santander is a global leader and innovator in the financial services industry and is evolving from a high-impact brand into a technology-driven organization. Our people are at the heart of this journey and together, we are driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what’s possible. This is more than a strategic shift. It’s a chance for driven professionals to grow, learn, and make a real difference.

The role involves structuring, pricing, and execution of trade receivables monetization transactions for Corporate and Investment Banking clients of Santander US. The VP will act as an advisor, consultant, and first point of contact for clients exploring methods to optimize their working capital through receivables solutions to meet their financing needs. This includes engaging in legal documentation negotiation, leading the internal approval process with risk, middle office, and other support areas, and collaborating with bankers and other product teams to support new business origination and maintenance of existing transactions.

Requirements

• Expertise with receivables monetization structures such as factoring, repos, and securitization, and the corresponding S&P methodologies.
• Experience with the legal execution and design of receivables purchase agreements and/or other legal documentation; to facilitate the sale, perfection, or financing of receivables and/or other assets.
• Understanding of the Uniform Commercial Code in the US and legal perfection in a variety of geographies.
• Familiarity with both EU and US banking regulation, particularly as it relates to corporate and securitization exposures and risk-weighted asset calculations.
• Knowledge of credit risk evaluation techniques for both corporates and securitizations.
• Significant financial statement and analysis knowledge (working capital cycle, cash flow forecasting, financial statement analysis, modelling etc.).
• Ability to explain IFRS and US-GAAP sale accounting.
• Basic understanding of common statistical concepts and modeling techniques such as normal distributions, monte carlo simulation, and linear regression.
• High motivation, proactivity, and accomplished business origination skills.
• 7+ years of experience in Structured Finance products or Receivable Finance with a minimum of 3 years in each.
• High level of presentation and organizational skills.
• Understanding the competitive market and the role of technology within Trade Finance.
• Capability to develop relationships inside the organization to collaborate across geographical boundaries.
• Bachelor’s degree, or equivalent
• English language proficiency.
• Applicants must be legally authorized to work in the United States on a full-time basis without requiring employer sponsorship to commence employment.

Nice To Haves

• Knowledge of other trade finance products (Payables / ECA / Doc Trade / Inventory Finance).
• Knowledge of ERP systems such as SAP / Oracle / Sage.
• Additional languages (particularly Spanish).
• Previous exposure to operational Trade Finance support areas (Middle Office, Back Office, Legal, Risk).
• Experience in the syndication of trade finance assets to buy-side investors.
• Chartered Certified Financial Analyst.

Responsibilities

• Structure and execute receivable financing transactions
• Coordinate stakeholders both internal (CDD, Compliance, Risks, Legal, IT, Compliance, Operations, Asset Distribution Team, etc.) and external (Legal firms, Insurers, brokers, etc.) to provide a best-in-class service and seamless end to end execution including client onboarding and due diligences process.
• Contribute to the development of the Santander’s CIB receivable monetization capabilities.
• Manage portfolio by working with Trade Distribution team to optimize capital
• Grow business through developing new relationships and by maintaining and enhancing existing revenue streams.
• Ensure understanding of the Bank’s operating practices and governance and ensure these are followed in line with the guidelines.
• Gather market intelligence for transactions, ensuring deal profitability is in line with the Bank’s capital models and presenting the transactions to the relevant credit and capital committees, where applicable.

Benefits

• A fair and competitive rewards package that reflects the impact you create and the value you deliver.
• Offering more than just a paycheck our benefits are designed to support you, your family and your well-being, now and into the future.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior