Qureos Mentor

Santander Private Banking International

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 Country: United States of America
 
 
 
 It Starts Here:
 
 
 
 Santander is a global leader and innovator in the financial services industry and is evolving from a high-impact brand into a technology-driven organization. Our people are at the heart of this journey and together, we are driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what&rsquo;s possible. This is more than a strategic shift. It&rsquo;s a chance for driven professionals to grow, learn, and make a real difference.
 
 
 If you are interested in exploring the possibilities
 
 We Want to Talk to You!
 
 
 
 
 Position Summary:
 
 
 
 The Alternative Investment Operations Manager is responsible for reviewing and ensuring the proper settlement of executions across various financial instruments, including FX, MM, NDFs, interest rate swaps, options, repos, and other products traded by the treasury desk. Additionally, oversees daily account reconciliations and esnure timely processing of securities and cash movements to meet collateral requirements. Collaborates with Finance team to ensure accurate accounting and regulatory reporting, including the handling of documentation (agreements, confirmations, etc).
 
 
 Coordinates with custodians and various fund families, overseeing the review and processing of subscription documents and capital activity related to private equity and hedge funds. Works closely with internal departments to ensure proper approvals are obtained for establishing new relationships with administrators and fund families, including the preparation of required documentation. Additionally, manages corporate actions such as distributions, redemptions, roll-ups, drawdowns, and other related events. Works closely with internal departments to assist with client contact changes, transfers, documentation, and other adhoc requests.
 
 
 Provides training to team members and oversees their work to ensure accuracy and efficiency in daily operations. Must have experience with all aspects of securities settlement (Fixed Income &amp; Equities), as well as knowledge of cash and securities reconciliation processes. Must be detail-oriented and be able to work independently and in a team environment.
 
 
 The Alternative Investment Operations Manager reports to Investment Operations Director.
 
 
 
 Position Duties / Responsibilities
 
 
 
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 Responsible for daily monitoring of options, FXs, repos, money market instruments, and NDF transactions, including margin control and related notifications. Initiate same-currency transfers between accounts to facilitate securities settlement, collateral management, and liquidity metric reporting for repos. Manage all settlement payments for these products and notify the trading desk of any last-minute payments or projected overdrafts.
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 Supervise and coordinate with custodians and various fund families. Manages the review and processing of hedge fund and private equity documentation prior to submission to the administrator. Collaborate with CSA team on matters related to private equity documentation.
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 Oversee capital calls and distributions, working closely with administrators to ensure timely and accurate processing of transactions within the core platform.
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 Review securities and cash positions between the bank and custodians to ensure accuracy. Manage trade confirmations and promptly notify the trading desk of any discrepancies.
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 Work closely with internal departments to ensure proper approvals are obtained for establishing new relationships with administrators and fund families, including the preparation of required documentation.
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 Supervise team members and support bankers in onboarding new clients for private equity programs, ensuring all investors meet AML compliance requirements.
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 Coordinate with Finance team to investigate unreconciled securities and cash items, and support accurate regulatory reporting.
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 Identify and drive opportunities to enhance operational efficiency and streamline processes.
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 Other duties as assigned or requested by immediate supervisor.
 
 
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 Education:
 
 
 
 Bachelor&rsquo;s Degree Required Or Equivalent Experience
 
 
 
 Business Experience:
 
 
 6 - 8 years of relevant experience or demonstrated required level of proficiency
 
 
 Specialized and/or Technical Knowledge:
 
 
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 Ability to supervise and train team members.
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 Delegation and workload prioritization.
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 Conflict resolutions and team motivation.
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 Strong knowledge of financial products: options, FX, repos, NDFs, and money market instruments.
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 Knowledgeable of cash and securities reconciliations.
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 Understanding of collateral management and margin control.
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 Securities settlement expertise, including trade life cycle and settlement mechanics.
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 Excellent written and verbal communication skills.
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 Strong attention to detail and problem-solving skills.
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 Organizational skills and time-management skills.
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 Proactive, with an ability to suggest improvements.
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 Strong knowledge of Microsoft Office, emphasis in Excel.
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 Excellent customer service skills.
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 Multitask &amp; flexible.
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 Strong judgment and ability to use discretion and make decision within guidelines.
 
 
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 Languages:
 
 
 English, required. Spanish, is a plus.
 
 
 
 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:
 
 
 $82,500.00 USD
 
 
 Maximum:
 
 
 $150,000.00 USD
 
 
 
 We Value Your Impact:
 
 
 
 Your contribution matters and it&rsquo;s recognized. You can expect a fair and competitive rewards package that reflects the impact you create and the value you deliver. We know rewards go beyond numbers. Offering more than just a paycheck our benefits are designed to support you, your family and your well-being, now and into the future. Santander Benefits - 2026 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.
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Alternative Investment Operations Manager

Join Santander Private Banking International and explore 1   exciting career opportunities. They're hiring for various roles with options for remote or on-site work. Apply today and become part of their innovative team.

Santander Private Banking International

About Company

Alternative Investment Operations Manager