Corporate & Investment Banking Receivables Financing VP

Location: New York

## Corporate & Investment Banking Receivables Financing VPApplylocations:
Madison Ave Corptime type:
Full time posted on:
Posted Todayjob requisition :
Req
1576445

Corporate & Investment Banking Receivables Financing VPCountry:
United States of America
** It Starts Here:
** 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!
**** The Difference You Make:
** Role

Description:

* 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.

Key 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.
*
* What You Bring:

** 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.

Required Knowledge,

Experience and Qualifications:

* 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…