Job Description
Global Transaction Banking (GTB) Trade Finance Credit - First Line of Defense - VP at Santander Holdings USA Inc summary:
As a Vice President in Global Transaction Banking, I manage large corporate clients by overseeing credit transactions from initiation to completion, ensuring thorough financial analysis and risk assessment. My role includes portfolio management and developing credit recommendations while collaborating with internal teams to enhance processes. With strong financial modeling skills and expertise in trade finance, I aim to drive business growth and maintain high ethical standards.
Global Transaction Banking (GTB) Trade Finance Credit - First Line of Defense - VP
New York, United States of America
Essential Functions/Responsibilities:
- Manage transactions from start to finish including borrower ratings, transaction analysis, financial modelling, and presentation to credit committee
- Portfolio management of an assigned portfolio of large corporate clients including, covenant monitoring, early action memo on critical events, and periodic borrower reviews
- Develop a deep understanding of the assigned portfolio through close following of company developments, press releases and news reports
- Identify risk and mitigants and articulate them through written word and through incorporating them into the financial model
- Oversees internal approval process including ensuring accurate and timely completion of credit applications, borrower rating applications, annual and quarterly reviews
- Reviews relevant deal documents / information provided by Company / Sponsor, and third-party research reports
- Review credit documentation and synthesize into key terms and conditions, including syndicated and bilateral credit agreements, trade agreements, security agreements and ISDA/CSAs
- Develop credit recommendations which include clear views of credit structures and borrower’s risks
- Provides support to the broader Credit Team on continuous improvement initiatives and that support loan growth and efficiency objectives
Qualifications:
- Bachelor's Degree or equivalent work experience - Finance, Accounting, Management, Economics, or equivalent field (Completion of a Formal Credit Training Program, MBA or CFA Charter is a Plus)
- 5+ years of experience with underwriting loan transactions and portfolio management. Trade Finance knowledge is a plus (Payables/ Receivables/ ECA/ Doc Trade)
- Strong financial modeling and analytical skills
- Experience in working with sub-investment grade clients and/or Portfolio Companies of Financial Sponsors is a plus
- Experienced in corporate valuation including Discounted Cash Flows analysis
- Good verbal and written communication skills
- Ability to work in a fast-paced environment with little supervision and simultaneously manage multiple projects
- Ability to influence others by persuasively presenting thoughts and ideas to gain commitment and agreement for proposed ideas and solutions
- Proficient in Microsoft Office, including Word, Excel, and PowerPoint
- Significant financial knowledge (Working capital cycle, cash flow forecasting, financial statement analysis, modelling etc.)
Skills and Abilities: - Superior client relationship, marketing presentation and sales/closing skills
- SME in commercial banking products and trade finance services (both credit and non-credit), competitor product lines and commercial compliance regulations
- Advanced knowledge of financial analysis, risk evaluation, loan documentation
- Demonstrated ability to work independently and leverage professional relationships internally and externally
- Strong computer skills to include Microsoft Office (Word, PowerPoint and Excel) and ability to quickly learn new software and or systems
- Excellent business development and presentation skills
- Ability to maintain and demonstrate high ethical standards and personal integrity to build credibility and trust while enhancing the organization’s reputation
- Ability to translate customer needs into marketable product features
- Self-starter: forward thinking, with a positive/can-do attitude
- Demonstrates the ability to create strategic plans and lay out a strategic course of action to drive future business growth for a specific product
- Demonstrated understanding of product development life cycle
- S pecific trade related qualification (ideal)
- Understanding of mechanics, drivers and risks associated with Trade products (ideal)
- Understanding the competitive market and the role of technology within Trade finance (ideal)
- Capability to develop relationships inside the organization to collaborate across geographical boundaries (ideal)
- Additional languages (e.g., Spanish) (ideal)
- Previous exposure to operational Trade Finance areas (Middle Office, Back Office, Legal) (ideal)
- Experience in trade asset mobilization and other capital enhancing and credit risk mitigation techniques (ideal)
EEO Statements: 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. 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: 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.
Primary Location: New York, NY, Madison Ave Corp
Other Locations: New York-New York
Organization: Banco Santander S.A.
Salary: $150,000 - $225,000/year
Keywords:
Trade Finance, Credit Management, Financial Analysis, Portfolio Management, Risk Assessment, Corporate Banking, Loan Underwriting, Financial Modeling, Client Relationship Management, Commercial Banking
Job Tags
Contract work, Work experience placement,