Santander Bank, N.A.
Swap Dealer Regulation Controls & Operational Oversight - VP
Santander Bank, N.A., Miami, Florida, us, 33222
Overview
Swap Dealer Regulation Controls & Operational Oversight - VP role at Santander Bank, N.A. What You Will Do
Execution of day-to-day controls related to the Swap Dealer (e.g., Dodd Frank/EMIR/MiFid) and coverage for Broker Dealer controls in coordination with the Controls Team. Act as back up for Broker/Dealer controls where needed. Ensure high service quality, regulatory compliance, and alignment with internal standards. Maintain a strong control environment by enforcing risk and control standards dictated by policy and Global. Participate in incident and issue management related to identified gaps and/or breaches, including root cause analysis, remediation, and preventive measures with the Issue Management team. Monitor compliance with regulatory requirements and internal policies (e.g., trade reporting, reconciliations, client onboarding). Track operational performance metrics in conjunction with Global requirements; review adherence to KPIs and SLAs and escalate underperformance or systemic issues with Global. Liaise with Front Office, Risk, Compliance, Audit, and Technology to assess and escalate issues related to Dodd Frank/EMIR/MiFID. Partner with the Business and other internal teams on continuous improvement, automation, and transformation efforts; support onboarding of new processes or products with robust controls and documentation. What You Bring
In-depth knowledge of Swap Dealer regulations, specifically Dodd Frank, EMIR and MiFID. Ability to recognize risks in processes/controls and identify controls to mitigate such risks. Capability to learn backup controls for the Broker Dealer role. Knowledge of Sentinel/Bloomberg. Experience building controls, KPIs, and KRIs to manage Global requirements related to swap/EMIR/MiFID transactions. Ability to communicate with Global teams and identify where Global processes are not applicable in the U.S. (e.g., due to US regulatory conflicts or system issues). Proficient knowledge of SEC/FINRA regulations applicable to Corporate and Investment Banking. Strong analytical and problem-solving abilities. Advanced Microsoft Office skills (Excel, Word, PowerPoint) and knowledge of Sentinel/Bloomberg. Familiar with automation technologies; AI tools a plus. Understanding of global markets: fixed income, FX, derivatives, equity, commodities. Cross-border product expertise: EU-originated products in the US; awareness of transatlantic regulatory conflicts (EMIR vs CFTC, SEF vs MTF). Deep knowledge of EU/UK regulation: MiFID II/MiFIR, EMIR, MAR, SFTR, CSDR, Benchmark Regulation, CRR/CRD, ESG disclosures (SFDR, CSRD). Ability to translate European regulatory strategy into the US operating environment while maintaining local compliance. Bachelor’s Degree or equivalent work experience. 5-10+ years of relevant Swap Dealer experience, experience with a US branch of a European bank, or Broker Dealer experience. Certifications: Other Risk Certification - Preferred. Hybrid work arrangement: 3 days/week in office in Miami, FL. What Else You Need To Know
The base pay range is posted below and represents the annualized salary range. For hourly positions, the annual range is based on a 40-hour work week. Compensation may vary based on skills, experience, training, licensure and location. Base Pay Range – Minimum: $86,250.00 USD; Maximum: $155,000.00 USD. Location
Primary Location: Miami, FL, Brickell Plaza-Corp; Other Locations: Florida-Miami Organization
Banco Santander S.A. 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. What To Do Next
If this sounds like a role you are interested in, please apply. If you require any assistance or accommodation due to a disability or any other reason, please contact TAOps@santander.us to discuss your needs.
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Swap Dealer Regulation Controls & Operational Oversight - VP role at Santander Bank, N.A. What You Will Do
Execution of day-to-day controls related to the Swap Dealer (e.g., Dodd Frank/EMIR/MiFid) and coverage for Broker Dealer controls in coordination with the Controls Team. Act as back up for Broker/Dealer controls where needed. Ensure high service quality, regulatory compliance, and alignment with internal standards. Maintain a strong control environment by enforcing risk and control standards dictated by policy and Global. Participate in incident and issue management related to identified gaps and/or breaches, including root cause analysis, remediation, and preventive measures with the Issue Management team. Monitor compliance with regulatory requirements and internal policies (e.g., trade reporting, reconciliations, client onboarding). Track operational performance metrics in conjunction with Global requirements; review adherence to KPIs and SLAs and escalate underperformance or systemic issues with Global. Liaise with Front Office, Risk, Compliance, Audit, and Technology to assess and escalate issues related to Dodd Frank/EMIR/MiFID. Partner with the Business and other internal teams on continuous improvement, automation, and transformation efforts; support onboarding of new processes or products with robust controls and documentation. What You Bring
In-depth knowledge of Swap Dealer regulations, specifically Dodd Frank, EMIR and MiFID. Ability to recognize risks in processes/controls and identify controls to mitigate such risks. Capability to learn backup controls for the Broker Dealer role. Knowledge of Sentinel/Bloomberg. Experience building controls, KPIs, and KRIs to manage Global requirements related to swap/EMIR/MiFID transactions. Ability to communicate with Global teams and identify where Global processes are not applicable in the U.S. (e.g., due to US regulatory conflicts or system issues). Proficient knowledge of SEC/FINRA regulations applicable to Corporate and Investment Banking. Strong analytical and problem-solving abilities. Advanced Microsoft Office skills (Excel, Word, PowerPoint) and knowledge of Sentinel/Bloomberg. Familiar with automation technologies; AI tools a plus. Understanding of global markets: fixed income, FX, derivatives, equity, commodities. Cross-border product expertise: EU-originated products in the US; awareness of transatlantic regulatory conflicts (EMIR vs CFTC, SEF vs MTF). Deep knowledge of EU/UK regulation: MiFID II/MiFIR, EMIR, MAR, SFTR, CSDR, Benchmark Regulation, CRR/CRD, ESG disclosures (SFDR, CSRD). Ability to translate European regulatory strategy into the US operating environment while maintaining local compliance. Bachelor’s Degree or equivalent work experience. 5-10+ years of relevant Swap Dealer experience, experience with a US branch of a European bank, or Broker Dealer experience. Certifications: Other Risk Certification - Preferred. Hybrid work arrangement: 3 days/week in office in Miami, FL. What Else You Need To Know
The base pay range is posted below and represents the annualized salary range. For hourly positions, the annual range is based on a 40-hour work week. Compensation may vary based on skills, experience, training, licensure and location. Base Pay Range – Minimum: $86,250.00 USD; Maximum: $155,000.00 USD. Location
Primary Location: Miami, FL, Brickell Plaza-Corp; Other Locations: Florida-Miami Organization
Banco Santander S.A. 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. What To Do Next
If this sounds like a role you are interested in, please apply. If you require any assistance or accommodation due to a disability or any other reason, please contact TAOps@santander.us to discuss your needs.
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