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SalaryUSA Job Family Description:
Junior trader role responsible for the day-to-day operations of the Leveraged Finance Trading Desk. Aims to deliver superior service to internal counterparties by driving and optimizing the effectiveness and efficiency of people, processes and technology thereby enhancing financial performance, increasing investment capacity, and managing risk. Builds the sustainable repeatable capabilities that support delivery of the highest standards of service and execution. Supports Traders in evaluating risk, booking risk, and tracking a trade front to back – with particular focus on pre and post trading effectiveness. Evaluates and ensures that operations meet company objectives, business needs, service agreements and relevant requirements. Works with Sales and Strategy to support all aspects of the trading business while learning the Credit markets.
USA Job Function Description:
Junior trader role responsible for the day-to-day operations of the Leveraged Finance Trading Desk. Aims to deliver superior service to internal counterparties by driving and optimizing the effectiveness and efficiency of people, processes and technology thereby enhancing financial performance, increasing investment capacity, and managing risk. Builds the sustainable repeatable capabilities that support delivery of the highest standards of service and execution. Supports Traders in evaluating risk, booking risk, and tracking a trade front to back – with particular focus on pre and post trading effectiveness. Evaluates and ensures that operations meet company objectives, business needs, service agreements and relevant requirements. Works with Sales and Strategy to support all aspects of the trading business while learning the Credit markets.
Essential Functions/Responsibility Statements:
Books trades, Escalates internal/external errors.
Reviews for exceptions.
If exceptions are found, confirms that internal and client procedures were followed, processing was on time and in line with regulations and no unnecessary steps were taken.
Checks exceptions identified by internal team members.
Prepares system-generated reports, notably Daily P&L and risk recaps
Sets standards for team’s report output to be shared with client teams.
Coordinates review of reports and the sharing of reports with applicable Middle and Back Office Operations teams.
Researches and analyzes industries and market data.
May be responsible for specific supervisory review and approval actions.
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 equivalent degree and/or work experience, in Business Administration, Finance, or a related field.
Work Experience:
1+ of relevant experience in Sales & Trading.
Skills and Abilities:
Demonstrated knowledge and understanding of financial markets and Credit
Ability to be flexible, adapt to changing priorities and prioritize deadlines
Knowledge of due diligence and risk management requirements
Excellent verbal, written, and interpersonal communication skills
Effective organizational, multi-tasking, and prioritizing skills
Strong technical and analytical skills
Excellent written and verbal communication skills, ability to multi-task, and work towards tight deadlines
Proactive and detail orientated
Ability to quickly learn internal and common industry applications
Demonstrated knowledge of Excel, PowerPoint and Internet technologies
A team player who demonstrates work ethic and consistently demonstrates a high level of professionalism
Attention to detail with excellent written, verbal, and problem-solving skills
Excellent organizational and time management skills
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 employer may terminate at any time for any reason.
For NYC Job Applicants: The base annual salary range for this position is $110,000-$135,000. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.
EnglishPrimary Location: New York, NY, Madison Ave Corp
Other Locations: New York-New York
Organization: Santander US Capital Markets LLC
