Santander Holdings USA Inc: Vp, Credit Risk-Hedge Funds & Asset Managers

Position Summary: This is an excellent opportunity to participate in a fast growing sector, work on transactions encompassing a number of different clients and products, build product 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.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.At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams.

We encourage everyone to apply.Bachelors degree in Finance or Accounting5 years of banking/credit analysis experience covering asset managers/hedge fundsExpertise in credit analysis of asset managers Ability to negotiate an ISDA/CSA, MRA, CDEA and other traded products documentation.Knowledge of traded products, investment strategies and financial marketsProficiency in trading documentationAbility to conduct due diligence meetingsGood communication skills, both written and verbalStrong work ethicsProactive approach, initiative and resourcefulnessPositive attitude, drive and dedicationEntrepreneurial spiritAttention to detailTeam playerPrimary Location:New York, New York, United StatesOther Locations:New York-New YorkOrganization:Banco Santander SA