What are the responsibilities and job description for the clearing operations position at Santander Bank, N.A.?
Company Description
At Santander Bank, N.A., our mission is to help people and businesses prosper. We are looking for individuals who are dedicated to this mission and who want to make a positive impact every day. With competitive compensation, market-leading benefits, and comprehensive career development programs, you'll have the opportunity to shape a bright future with us. Santander Bank, N.A. is one of the country's largest retail and commercial banks, with a strong presence in the northeastern United States.
Role Description
The Pre & Post Trade ETD's & Clearing Operations VP, is responsible for supporting and protecting CIB ETD's & Clearing business activity by conducting end-to-end processes and controls throughout the complete Operations value chain while ensuring:
i) Oversight of operations processes and controls related to ETDs and Over-The-Counter “OTC” cleared derivatives
ii) Resource & flow efficiency
iii) Quality in execution
iv) Strict control of the operational risks
Qualifications
5-10 years of experience working in an ETD's & Clearing Operations or Middle Office team.
- In-depth knowledge of the Operational processes supporting ETD's & Clearing Operations
- In depth knowledge of Listed Derivatives (such as Futures, Listed Options on Futures contracts, US Listed Equity & Index Options), and OTC Clearing Derivatives contracts (such as cleared IRS and CDS)
- In depth knowledge of the operational processes supporting a Futures Commission Merchant’s (FCM) / Clearing Broker firm
- Proficient in all regulatory aspects governing the ETD's and Clearing activities in a US Broker Dealer.
- Proven track record of managing providers of outsourced services
