Santander
Financial Services
AlternativeInvestmentOperationsManager
Neural analysis suggests this role is
optimal for Mid candidates.
“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.
Problem-solving skills
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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