Corporate Derivatives Sales
Banco Santander, S.A. | |
United States, New York, New York | |
Dec 09, 2024 | |
Corporate Derivatives Sales – (job location is New York, NY; employer is Banco Santander, S.A.) - Responsible for the origination, structuring, distribution and execution of hedging strategies and other derivative products to major corporations, mid corps and institutions in the U.S. and Latin America. Create Pitch Book presentations with market information and hedging strategies. Help senior team members in the execution, calculation and booking of derivative transactions with clients and other Bank counterparties. Identify currency and interest rate exposures for clients. Oversee the development of financial models for exposure and return metrics. Participate in onboarding process, from gathering client information to ISDA negotiations. Requirements: Master’s in Economics, Finance, Business Administration, or Accounting, plus 3 years of experience in the position offered or a Derivative Sales role at an international bank. All of the required experience must have included financing, hedging, and executing transactions of hedging strategies and other derivative products for corporate clients and multinationals; applying knowledge of derivatives market in Latin America, FX derivatives products, interest rates and their impact on FX movements, and hedge accounting based on IFRS and GAAP; developing financial models for derivatives valuations, discounting factors and forward curves; negotiating trading agreements and credit approvals; advising on cross-border transactions using understanding of risk management for FX, rates and inflation risks; and developing relationships with clients and internal stakeholders to develop and grow portfolio. Must be willing to travel domestically and internationally approximately 20-30% of the time. This role entails hybrid work, with time split between working in our New York City office and flexibility to telecommute from another U.S. location. #LI-DNI Salary: $200,000-$225,000/year. E-mail résumé to: Deb Sebock, dsebock@santanderconsumerusa. |