Posted:
9/26/2024, 2:25:45 AM
Location(s):
New York, United States ⋅ New York, New York, United States
Experience Level(s):
Expert or higher ⋅ Senior
Field(s):
Sales & Account Management
Workplace Type:
On-site
As part of the Securitized Products Group, the candidate will lead the structuring and execution of CLO warehouses and new issue CLO transactions with Santander clients. The candidate will participate in the full lifecycle of deals, from origination and warehouses to structuring, syndication, and closing.
The candidate should have strong communication skills and the ability to work in a dynamic and fast faced environment that requires multi-tasking, high attention to detail, and close collaboration with internal teams, external constituents, and external clients.
Essential Functions/ Responsibility Statements:
Assist in the origination of CLO transactions by maintaining relationships with CLO managers, debt investors, and equity investors. Help to drive the growth of the Santander CLO franchise by generating warehouse and new issue mandates.
Lead the full execution through the lifecycle of CLO transactions following origination by coordinating with internal and external stakeholders including Sales and Trading, Credit, Legal, Counsel, and Rating Agencies.
Negotiate and execute CLO warehouse financings with CLO arrangers, coordinating internal approval processes.
Structure and model CLO transactions using Excel, Intex, and Rating Agency software.
Oversee the drafting, negotiation, and execution of CLO documentation with external counsel, issuers, and investors.
Coordinate with CLO syndicate in the marketing and pricing of CLO transactions.
Partner closely with internal global teams across sales, banking, capital markets, and wealth management to help educate, develop, and advise clients on the CLO market
Help build external brand awareness of the Santander CLO franchise through participation in conferences and investor and issuer meetings.
Qualifications:
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.
Education:
Bachelor's Degree or higher, or equivalent degree and/or work experience, preferably in Finance, Mathematics, or Engineering.
Work Experience:
3-5+ years of relevant work experience, preferably in CLO structuring at a buy side or sell side firm. Exposure to CLOs or securitizations working at a Rating Agency or an Accounting Firm, or in a Quantitative/Strat role will also be considered.
Skills and Abilities:
Proficient in Microsoft Office. Some exposure to Intex, VBA, and programming languages 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: 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 employee.
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.
Minimum:
Maximum:
Website: https://www.santanderbank.com/
Headquarter Location: Boston, Massachusetts, United States
Employee Count: 5001-10000
Year Founded: 2013
IPO Status: Private
Last Funding Type: Debt Financing
Industries: Banking ⋅ Finance ⋅ Financial Services