VP - Commercial & Wholesale Operations

VP - Commercial & Wholesale Operations

Country: 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

The Commercial & Wholesale Operations team is responsible for managing the front-to-back trade life cycle events post execution.  Working directly with the Front Office and internal stakeholders to ensure efficient delivery of quality service to our clients.

• Working as a team to provide first class service to internal and external clients.

• Gain a comprehensive understanding of trade lifecycles by interacting with various stakeholders. 

• Knowledge of Fixed Income, ALCO and Treasury products.

• Cash and collateral management including support REPO, Public Funds, FHLB

• Settlement of transactions through BONY, DTC, DTCC, FedWire and other industry standards

• Margin calculation, maintenance and execution

• Primary point of contact for Front Office

• Data providers for stakeholders and various dependencies.

• Risk mitigation thru reconciliations, trade matching, confirmations and first line of defense

• Maintenance of static data and owners of systems and processes

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.

Bachelor's Degree or equivalent work experience: Business or equivalent degree. - Required.

• 9+ Years Experience managing commercial relationships. - Required.

• Knowledge of industry settlement platforms (BONY, Treasury Edge, Access Edge, DTCC, FedWire, DTC, SWIFT)

• Knowledge of industry systems and platforms (TPG)

• Ability to work independently within a team dynamic

• Proficient on Microsoft tools: Excel, Word, Powerpoint, Outlook

• Ability to work with Excel, create macros, and automate workflows

• Excellent organizational, management, communication and customer service skill

• Exhibit an exceptional degree of ingenuity, creativity and resourcefulness in decision making and problem solving

• Ability to manage deadlines and timely delivery

• Knowledge of industry standards and best practices

• Knowledge of Banking Regulations and Standard Practices

• Working knowledge in Commercial Banking

• Ability to develop resolution to complex problems that require the frequent use of creativity

• Excellent interpersonal skills and ability to interact and build relationships with internal and external stakeholders

• Python programing language a plus

• Fixed Income Operations experience at a major US bank.

Certifications

No Certifications listed for this job.

It Would Be Nice For You To Have

Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.

What Else You Need To Know:

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:

$145,000.00 USDMaximum:

$190,000.00 USD

We Value Your Impact:

Your contribution matters and it’s recognized.  You can expect a fair and competitive rewards package that reflects the impact you create and the value you deliver. We know rewards go beyond numbers.  Offering more than just a paycheck our benefits are designed to support you, your family and your well-being, now and into the future. Santander Benefits - 2026 Santander OnGoing/NH eGuide (foleon.com) 

Risk Culture:

We embrace a strong risk culture and all of our professionals at all levels are expected to take a proactive and responsible approach toward risk management.

EEO Statement:

At Santander, we value and respect differences in our workforce. 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 is required for this role. Depending on location, occasional moving and lifting light equipment and/or furniture may be required.

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 your employment at any time for any reason.

What To Do Next:

If this sounds like a role you are interested in, then please apply.

We are committed to providing an inclusive and accessible application process for all candidates. If you require any assistance or accommodation due to a disability or any other reason, please contact us at [email protected] to discuss your needs.