Sr. Alternative Investment Operations Analyst
Country: United States of America
Position Summary:
The Sr. Alternative Investment Operations Analyst encompasses the responsibilities of reviewing and assuring proper settlement of execution of FX, MM, NDFs, interest rate swaps, options, repos, along with any other products executed by the Treasury Desk. The individual is responsible for ensuring daily account reconciliations and the timely processing of securities and cash movements to meet collateral requirements. Collaborates closely with Finance team to ensure accurate accounting and regulatory reporting, including the handling of documentation (agreements, confirmations, etc). Additionally, the individual must have experience with all aspects of securities settlement (Fixed Income & Equities), as well as comprehensive knowledge of cash and securities reconciliation processes. Must be detail-oriented and must be able to work independently and in a team environment.
The Sr. Alternative Investment Operations Analyst reports to Alternative Investment Operations Manager.
Position Duties / Responsibilities:
• Assist in the daily monitoring of options, FXs, repos, money market instruments, and NDF transactions, including margin control and related notifications. Initiate same-currency transfers between accounts to facilitate securities settlement, collateral management, and liquidity metric reporting for repos. Execute all settlement payments for these products and notify the trading desk of any last-minute payments or projected overdrafts.
• Review securities and cash positions between the bank and custodians to ensure accuracy. Manage trade confirmations and promptly notify the trading desk of any discrepancies.
• Coordinate with Finance team to investigate unreconciled securities and cash items, and support accurate regulatory reporting.
• Other duties as assigned or requested by immediate supervisor.
Education:
Bachelor’s degree required or equivalent experience
Business Experience:
3 - 5 years of relevant experience or demonstrated required level of proficiency
Specialized and/or Technical Knowledge:
• Knowledge of financial products: options, FX, repos, NDFs, and money market instruments.
• Knowledgeable of cash and securities reconciliations.
• Understanding of collateral management and margin control.
• Securities settlement expertise, including trade life cycle and settlement mechanics.
• Excellent written and verbal communication skills.
• Strong attention to detail and problem-solving skills.
• Organizational skills and time-management skills.
• Proactive, with an ability to suggest improvements.
• Strong knowledge of Microsoft Office, emphasis in Excel.
• Excellent customer service skills.
• Multitask & flexible.
• Strong judgment and ability to use discretion and make decision within guidelines.
Languages:
English, required. Spanish, is a plus.
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.
The base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.
Base Pay Range
Minimum:
$50,625.00 USD
Maximum:
$85,000.00 USD
Top Skills
What We Do
Banco Santander (SAN SM, STD US, BNC LN) is a leading commercial bank, founded in 1857 and headquartered in Spain and one of the largest banks in the world by market capitalization. The group’s activities are consolidated into five global businesses: Retail & Commercial Banking, Digital Consumer Bank, Corporate & Investment Banking (CIB), Wealth Management & Insurance and Payments (PagoNxt and Cards). This operating model allows the bank to better leverage its unique combination of global scale and local leadership. Santander aims to be the best open financial services platform providing services to individuals, SMEs, corporates, financial institutions and governments. The bank’s purpose is to help people and businesses prosper in a simple, personal and fair way. Santander is building a more responsible bank and has made a number of commitments to support this objective, including raising €220 billion in green financing between 2019 and 2030. In the first quarter of 2024, Banco Santander had €1.3 trillion in total funds, 166 million customers, 8,400 branches and 211,000 employees.
