Santander Holdings USA Inc: Associate, Capital Markets Operations-Back Office

Position Summary:Corporate and Investment Banking (CIB) Back Office seeks a team member to manage collateral related duties. The job responsibility includes reconciling collateral and margin movements versus custodian bank, clearing agent and financial counterparties for fixed income and derivative related products.Responsibilities:Issuing and responding to margin calls, collateral allocation and processing, the dispute resolution process, and/or collateral settlementResearch and resolve exceptions, perform reconciliations, and designing controls to identify incorrect transactions or issues.Assist in regulatory reporting reconciliationsEnforce the controls regarding settlements instructions and payments processingAssist in responding to queries from internal and external audits.Enforce the controls regarding settlements instruction setup.Execute controls around regulatory reportingDocument any updates or changes to formal proceduresAt Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams. We encourage everyone to apply.3 to 4 years of related experience is Banking. Preference for experience in Fixed Income, Derivative or Collateral Operations.Bachelor’s Degree in Finance or AccountingProficient in MS Excel including advanced formulas, VLookups and Pivot tables)Experience with Interest Rate Swap and Fixed Income products.Experience with reconciliations and payment investigationsAbility to work independently, take initiative and handle multiple tasks simultaneously in a deadline driven environmentStrong communication and interpersonal skillsDeadline and detail orientedPrimary Location: Dorchester, Massachusetts, United StatesOther Locations: Massachusetts-DorchesterOrganization: Santander Bank, N.A.