Santander Bank, N.A.
Executive Director, Credit Risk-Hedge Funds & Asset Managers - New York
Santander Bank, N.A., New York, New York, us, 10261
Executive Director, Credit Risk-Hedge Funds & Asset Managers - New York
Join to apply for the
Executive Director, Credit Risk-Hedge Funds & Asset Managers - New York
role at
Santander Bank, N.A. Executive Director, Credit Risk-Hedge Funds & Asset Managers - New York
2 days ago Be among the first 25 applicants Join to apply for the
Executive Director, Credit Risk-Hedge Funds & Asset Managers - New York
role at
Santander Bank, N.A. Your Journey Starts Here
Santander is a global leader and innovator in the financial services industry. We believe that our employees are our greatest asset. Our focus is on fostering an enriching journey that empowers you to explore diverse career opportunities while nurturing your personal growth. We are committed to creating an environment where continuous learning and development are prioritized, enabling you to thrive both professionally and personally. Here, you will find ample opportunities to connect and collaborate with talented colleagues from around the world, sharing insights and driving innovation together. Join us at Santander, where you are supported by a culture of engagement and a commitment to your success. Country: United States of America
Your Journey Starts Here
Santander is a global leader and innovator in the financial services industry. We believe that our employees are our greatest asset. Our focus is on fostering an enriching journey that empowers you to explore diverse career opportunities while nurturing your personal growth. We are committed to creating an environment where continuous learning and development are prioritized, enabling you to thrive both professionally and personally. Here, you will find ample opportunities to connect and collaborate with talented colleagues from around the world, sharing insights and driving innovation together. Join us at Santander, where you are supported by a culture of engagement and a commitment to your success.
An exciting journey awaits, if you are interested in exploring the possibilities
We Want to Talk to You!
This is an excellent opportunity to participate in a fast-growing sector, work on transactions encompassing a number of different clients and traded products, build analytical skills and cross-train with other areas of the Credit Risk Management team.
Responsibilities
Perform in-depth credit analysis of new and existing hedge funds and asset managers/traditional funds (including: credentials, strategy, track record, leverage, investor base, liquidity, risk management, portfolio valuation, internal controls, service providers, transparency and regulation). Review the fund documentation (including: Prospectuses, Offering Memos, Investment Management Agreements, Investment Guidelines, Trust Agreements, Financial Statements, etc.) in order to evaluate investment objectives and strategies and determine credit worthiness of the underlying funds. Negotiate an ISDA/CSA, MRA, GMRA, CDEA and other traded products documentation. Provide recommendation for transactions approvals, determine initial margin requirements and haircuts on capital markets products (including: interest rate swaps, repos, foreign exchange). Conduct credit due diligence conference calls and on-site meetings. Monitor monthly performance and NAV trends in order to identify funds that breach ISDA triggers and hedge funds/investment managers that face challenges with performance and redemptions. Liaise with middle office, documentation group and collateral management to ensure that trades are booked and documented correctly and that collateral is taken where appropriate. Develop, maintain and manage internal relationships with business partners (including: marketers, negotiators, collateral management, on-boarding team and legal). Monitor investment industry fundamentals and apprise management of significant events that may have an adverse effect on a credit quality of assigned portfolios. Maintain Credit Risk Policies and Procedures
Technical Skills And Other Qualifications
Bachelor’s degree in Finance or Accounting 10+ years of experience in financial services and risk management required At least 5 years of banking/credit analysis experience covering asset managers/hedge funds Knowledge of traded products, investment strategies and financial markets Proficiency in trading documentation Knowledge of counterparty credit risk metrics Ability to conduct due diligence meetings Good communication skills, both written and verbal Strong work ethics Proactive approach, initiative, and resourcefulness Positive attitude, drive, and dedication Entrepreneurial spirit Attention to detail Team player Experience in leadership and management positions preferred, but not required
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
$135,000.00 USD
Maximum
$240,000.00 USD
Link To Santander Benefits
Santander Benefits - 2025 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 TAOps@santander.us to discuss your needs.
Primary Location:
New York, NY, UCM - New York - Park Avenue
Other Locations:
New York-New York
Organization:
Santander US Capital Markets LLC
AN EQUAL OPPORTUNITY EMPLOYER M/F/Vet/Disabled/SO Seniority level
Seniority level Director Employment type
Employment type Full-time Job function
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Join to apply for the
Executive Director, Credit Risk-Hedge Funds & Asset Managers - New York
role at
Santander Bank, N.A. Executive Director, Credit Risk-Hedge Funds & Asset Managers - New York
2 days ago Be among the first 25 applicants Join to apply for the
Executive Director, Credit Risk-Hedge Funds & Asset Managers - New York
role at
Santander Bank, N.A. Your Journey Starts Here
Santander is a global leader and innovator in the financial services industry. We believe that our employees are our greatest asset. Our focus is on fostering an enriching journey that empowers you to explore diverse career opportunities while nurturing your personal growth. We are committed to creating an environment where continuous learning and development are prioritized, enabling you to thrive both professionally and personally. Here, you will find ample opportunities to connect and collaborate with talented colleagues from around the world, sharing insights and driving innovation together. Join us at Santander, where you are supported by a culture of engagement and a commitment to your success. Country: United States of America
Your Journey Starts Here
Santander is a global leader and innovator in the financial services industry. We believe that our employees are our greatest asset. Our focus is on fostering an enriching journey that empowers you to explore diverse career opportunities while nurturing your personal growth. We are committed to creating an environment where continuous learning and development are prioritized, enabling you to thrive both professionally and personally. Here, you will find ample opportunities to connect and collaborate with talented colleagues from around the world, sharing insights and driving innovation together. Join us at Santander, where you are supported by a culture of engagement and a commitment to your success.
An exciting journey awaits, if you are interested in exploring the possibilities
We Want to Talk to You!
This is an excellent opportunity to participate in a fast-growing sector, work on transactions encompassing a number of different clients and traded products, build analytical skills and cross-train with other areas of the Credit Risk Management team.
Responsibilities
Perform in-depth credit analysis of new and existing hedge funds and asset managers/traditional funds (including: credentials, strategy, track record, leverage, investor base, liquidity, risk management, portfolio valuation, internal controls, service providers, transparency and regulation). Review the fund documentation (including: Prospectuses, Offering Memos, Investment Management Agreements, Investment Guidelines, Trust Agreements, Financial Statements, etc.) in order to evaluate investment objectives and strategies and determine credit worthiness of the underlying funds. Negotiate an ISDA/CSA, MRA, GMRA, CDEA and other traded products documentation. Provide recommendation for transactions approvals, determine initial margin requirements and haircuts on capital markets products (including: interest rate swaps, repos, foreign exchange). Conduct credit due diligence conference calls and on-site meetings. Monitor monthly performance and NAV trends in order to identify funds that breach ISDA triggers and hedge funds/investment managers that face challenges with performance and redemptions. Liaise with middle office, documentation group and collateral management to ensure that trades are booked and documented correctly and that collateral is taken where appropriate. Develop, maintain and manage internal relationships with business partners (including: marketers, negotiators, collateral management, on-boarding team and legal). Monitor investment industry fundamentals and apprise management of significant events that may have an adverse effect on a credit quality of assigned portfolios. Maintain Credit Risk Policies and Procedures
Technical Skills And Other Qualifications
Bachelor’s degree in Finance or Accounting 10+ years of experience in financial services and risk management required At least 5 years of banking/credit analysis experience covering asset managers/hedge funds Knowledge of traded products, investment strategies and financial markets Proficiency in trading documentation Knowledge of counterparty credit risk metrics Ability to conduct due diligence meetings Good communication skills, both written and verbal Strong work ethics Proactive approach, initiative, and resourcefulness Positive attitude, drive, and dedication Entrepreneurial spirit Attention to detail Team player Experience in leadership and management positions preferred, but not required
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
$135,000.00 USD
Maximum
$240,000.00 USD
Link To Santander Benefits
Santander Benefits - 2025 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 TAOps@santander.us to discuss your needs.
Primary Location:
New York, NY, UCM - New York - Park Avenue
Other Locations:
New York-New York
Organization:
Santander US Capital Markets LLC
AN EQUAL OPPORTUNITY EMPLOYER M/F/Vet/Disabled/SO Seniority level
Seniority level Director Employment type
Employment type Full-time Job function
Job function Finance and Sales Industries Banking Referrals increase your chances of interviewing at Santander Bank, N.A. by 2x Get notified about new Director Credit Risk jobs in
New York, NY . New York, NY $175,000.00-$250,000.00 1 week ago New York, NY $220,000.00-$260,000.00 2 months ago New York, NY $250,000.00-$300,000.00 5 days ago New York, NY $200,000.00-$250,000.00 1 month ago New York, NY $160,000.00-$210,000.00 6 months ago New York, NY $300,000.00-$350,000.00 2 months ago New York, NY $160,000.00-$195,000.00 5 days ago New York City Metropolitan Area $275,000.00-$350,000.00 1 month ago New York City Metropolitan Area 2 weeks ago New York, NY $120,000.00-$160,000.00 2 weeks ago New York, NY $175,000.00-$250,000.00 2 weeks ago New York, NY $200,000.00-$250,000.00 1 day ago New York, NY $200,000.00-$250,000.00 2 weeks ago New York City Metropolitan Area $175,000.00-$225,000.00 1 week ago New York City Metropolitan Area 3 weeks ago New York, NY $225,000.00-$300,000.00 6 hours ago Director, Corporate Finance JV Management
New York, NY $160,000.00-$170,000.00 4 days ago New York, NY $120,000.00-$160,000.00 1 month ago New York City Metropolitan Area $180,000.00-$250,000.00 1 week ago New York City Metropolitan Area $250,000.00-$300,000.00 1 week ago Newark, NJ $250,000.00-$300,000.00 1 month ago New York City Metropolitan Area $250,000.00-$350,000.00 1 week ago New York, NY $150,000.00-$160,000.00 2 weeks ago Chief Financial Officer for Private Equity Portfolio Company
New York City Metropolitan Area 2 weeks ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr