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Global Transaction Banking (GTB) Product Specialist - VP

Santander
Posted 5 days ago, valid for 17 hours
Location

New York, NY 10016, US

Salary

$78.12 - $93.75 per hour

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Contract type

Full Time

By applying, a Santander account will be created for you. Santander's Privacy Policy will apply.

Sonic Summary

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  • The position involves identifying opportunities and selling innovative trade finance solutions to clients, requiring a strong understanding of the bank's operating practices and governance.
  • Candidates should have a minimum of 5 years of experience in trade finance or a related field and will earn a competitive salary of $100,000 per year.
  • The role includes collaborating with Relationship Managers, supporting the origination team, and managing the client journey from sales through execution.
  • Key responsibilities also involve reviewing and negotiating credit agreements, providing pricing for transactions, and ensuring adherence to internal processes.
  • The successful candidate will coordinate with various stakeholders to deliver best-in-class service and contribute to the development of Santander's Doc Trade business capabilities.

Identify opportunities and successfully sell innovative solutions to clients. Work together with Relationship Managers to provide Trade & Working Capital Solutions for clients. Support the origination team to capture additional business by providing advice to match the client’s business needs. Ensure understanding of the bank’s operating practices and governance ensuring these are followed in line with the guidelines. Ability to review and negotiate credit agreements. Act as advisor, consultant, and first point of contact for clients’ ongoing trade finance needs. Manage client journey from sales through execution of facilities and act as escalation point of contact. Adherence to internal processes to ensure control and transparency over sales activity while increasing the Doc trade portfolio. Contribute to the creation and future development of the Santander’s Doc Trade business capabilities. Market GTB trade product Letters of Credit to potential Santander clients, proactively looking for new business opportunities covering domestic or cross-border trade, with or without recourse and under a portfolio or name-by-name approach. Monitoring the MO activities ensuring the best-in-class service and seamless end to end execution process. Contribute to the creation and future development of the product proposition through regular sharing of client feedback. Coordinate stakeholders both internal (CDD, Compliance, Risks, Legal, IT, Compliance, Operations, etc.) and external (Legal firms, Insurers, brokers, etc.) to provide a best-in-class service and seamless end to end execution including client onboarding and due diligences process. Ensure understanding of the Bank’s operating practices and governance and ensure these are followed in line with the guidelines. Provide pricing to transactions, ensuring transaction profitability in line with the Bank’s capital models presenting to the relevant committees, where applicable. Perform first line of defense role for the bank across all risks: Financial/ Credit, Legal, Reputational, Regulatory, Compliance, etc. Reporting to senior management regarding the progress of the strategy in alignment with the target.




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By applying, a Santander account will be created for you. Santander's Privacy Policy will apply.