Trade Receivable Securitization VP

Trade Receivable Securitization VP Country:
United States of America

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.

If you are interested in exploring the possibilities We Want to Talk to You!

• Structuring, pricing, and execution of trade receivables monetization transactions for Corporate and Investment Banking clients of Santander US.
• Act as advisor, consultant, and first point of contact for clients exploring methods to optimize their working capital through receivables solutions to meet their financing needs.
• Engage in the legal documentation negotiation of new and existing transactions in the receivable portfolio.
• Lead the internal approval process with the risk, middle office and other support areas.
• Engage with bankers, other products and areas to support the prospecting of new business origination and maintenance of existing book of transactions.

• Contribute to the development of the Santander’s receivable monetization capabilities.
• Grow business through developing new relationships and by maintaining and enhancing existing revenue streams.
• Coordinate stakeholders both internal (CDD, Compliance, Risks, Legal, IT, Compliance, Operations, 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 diligence process.
• Ensure understanding of the Bank’s operating practices and governance and ensure these are followed in line with the guidelines.
• Provide pricing / market intelligence to transactions, ensuring deal profitability is in line with the Bank’s capital models and presenting the transactions to the relevant committees, where applicable.
• Perform first line of defense role for the bank across all risks:
  Financial / Credit, Legal, Reputational, Regulatory, Compliance, etc.
• Reporting to senior management regarding the progress of the commercial agenda.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• 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.
• 5+ years of experience in Structured Finance products or Receivable Finance with a minimum of 1 year 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…