Santander

Financial Services

AlternativeInvestmentOperationsManager

$83–83k Miami, United States; New Jersey, United States FULL TIME
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Mid candidates.

The Brief

“Alternative Investment Operations Manager at Santander. Skills: Alternative Investment Operations, Securities Settlement, Cash and Securities Reconciliation, Collateral Management, Private Equity Fund Operations, Hedge Fund Operations. Reviewing and ensuring the proper settlement of executions across various financial instruments. Overseeing daily account reconciliations”

What You'll Achieve.

Ensure proper settlement of executions across various financial instruments; Ensure timely processing of securities and cash movements to meet collateral requirements; Ensure accurate accounting and regulatory reporting; Ensure timely and accurate processing of transactions within the core platform; Ensure accuracy of securities and cash positions between the bank and custodians; Ensure all investors meet AML compliance requirements; Enhance operational efficiency; Streamline processes

Industry & Context.

Financial Services
Problems you'll solve

Problem-solving skills

Eligibility Requirements

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.

What They're Looking For.

Must Have

6 - 8 years of relevant experience, Experience with all aspects of securities settlement (Fixed Income & Equities), Knowledge of cash and securities reconciliation processes, Must be detail-oriented, Ability to work independently and in a team environment

Nice to Have

Spanish language proficiency

What You'll Do.

Reviewing and ensuring the proper settlement of executions across various financial instruments

Overseeing daily account reconciliations

Ensuring timely processing of securities and cash movements to meet collateral requirements

Handling of documentation (agreements

Coordinating with custodians and various fund families

overseeing the review and processing of subscription documents and capital activity related to private equity and hedge funds

Managing corporate actions such as distributions

and other related events

Daily monitoring of options

money market instruments

including margin control and related notifications

Managing all settlement payments for these products

Supervising and coordinating with custodians and various fund families

Managing the review and processing of hedge fund and private equity documentation prior to submission to the administrator

Overseeing capital calls and distributions

Reviewing securities and cash positions between the bank and custodians

Managing trade confirmations

Ensuring proper approvals are obtained for establishing new relationships with administrators and fund families

including the preparation of required documentation

Supervising team members and support bankers in onboarding new clients for private equity programs

Coordinating with Finance team to investigate unreconciled securities and cash items

Supporting accurate regulatory reporting

Identifying and driving opportunities to enhance operational efficiency and streamline processes

How You'll Work.

Team & Collaboration

Collaborates with Finance team to ensure accurate accounting and regulatory reporting; Works closely with internal departments to ensure proper approvals are obtained for establishing new relationships with administrators and fund families; Works closely with internal departments to assist with client contact changes, transfers, documentation, and other adhoc requests; Supervise team members and support bankers in onboarding new clients for private equity programs; Coordinate with Finance team to investigate unreconciled securities and cash items; Collaborate with CSA team on matters related to private equity documentation

Communication Scope

Excellent written and verbal communication skills

Full Job Description

Alternative Investment Operations Manager 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’s possible. This is more than a strategic shift. It’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 opera

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