Pre & Post Trade ETD's & Clearing Operations VP

Pre & Post Trade ETDs & Clearing Operations VP

Country : United States of America

Your Journey Starts Here :

Santander is a global leader and innovator in the financial services industry. We believe that our employees are our greatest asset. Our focus is on fostering an enriching journey that empowers you to explore diverse career opportunities while nurturing your personal growth. We are committed to creating an environment where continuous learning and development are prioritized enabling you to thrive both professionally and personally. Here you will find ample opportunities to connect and collaborate with talented colleagues from around the world sharing insights and driving innovation together. Join us at Santander where you are supported by a culture of engagement and a commitment to your success.

An exciting journey awaits if you are interested in exploring the possibilities We Want to Talk to You!

The Difference You Make :

The Pre & Post Trade ETDs & Clearing Operations VP is responsible for supporting and protecting CIB ETDs & Clearing business activity by conducting end-to-end processes and controls throughout the complete Operations value chain while ensuring :

i) Oversight of operations processes and controls related to ETDs and Over-The-Counter OTC cleared derivatives

ii) Resource & flow efficiency

iii) Quality in execution

iv) Strict control of the operational risks

Provide effective product expertise and support to the CIB ETDs business (Markets)

Ensure the Operations department is fully compliant with US regulations (mainly CFTC and CME) Legal requirements and Compliance and Tax policies.

Effective execution of controls around the ETDs processes and effective oversight outsourced to the service providers ensuring service levels are maintained in all aspects in particular for time-critical trade execution

Deep knowledge / expertise of option expiration and physical delivery processing across ICE soft commodities CME agricultural energy metals. FX and interest rate products

Key point of contact between front-office and external clients post-onboarding

Primary Operations contact for external clients as it regards margin management trade and position queries and ad hoc file creation requirements

Escalation point of contact with the Central Counterparties (i.e. CME ICE OCC Nodal) and custodians agent banks carrying clearing brokers in which SanCap FCM has some business relationship with

Ensure the appropriate monitoring of Service Level Requirements with Third-Party Service Providers / Vendors (i.e. ION XTP Broadridge Calypso).

Interact with service providers on a regular basis to ensure all processes are performed in accordance to the KPIs and implement new processes if necessary.

Ensure the generation maintenance distribution and use of the information and tools required to maintain the daily activity : development and updates of procedures planning and organization to be follow by individual contributors of the team.

Liaise with internal / external auditors and regulators to ensure compliance with regulatory requirements

Quality assurance on processes and new systems implementation executing and monitoring User Acceptance Testing (UAT). Active participation in the UAT phase designs to ensure all test cases are reflected properly.

Sign off on project related documents such as Business Required Documents to ensure new product or processes covers all the department requirements.

What You Bring :

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.

Bachelors Degree or equivalent work experience : Business or equivalent degree. - Required.

5-10 years of experience working in an ETDs & Clearing Operations or Middle Office team.

In-depth knowledge of the Operational processes supporting ETDs & Clearing Operations

In depth knowledge of Listed Derivatives (such as Futures Listed Options on Futures contracts US Listed Equity & Index Options) and OTC Clearing Derivatives contracts (such as cleared IRS and CDS)

In depth knowledge of the operational processes supporting a Futures Commission Merchants (FCM) / Clearing Broker firm

Proficient in all regulatory aspects governing the ETDs and Clearing activities in a US Broker Dealer.

Proven track record of managing providers of outsourced services

Knowledge of compliance to CIB around execution of controls to minimize the operational risk

Proven experience in providing a project status update with timely priorities and in communicating convincingly to management

Collaborative and communication skills

Certifications :

• No Certifications listed for this job.

It Would Be Nice For You To Have :

This is a hybrid position in our Miami FL office.

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 : $101250.00 USD

Maximum : $185000.00 USD

Link to Santander Benefits :

Santander Benefits - 2025 Santander OnGoing / NH eGuide ()

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 standingand 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 to discuss your needs.

Required Experience :

Exec

Key Skills

Counselling,Commerce,Corporate Risk Management,F&B Management,Jboss,Account Opening

Employment Type : Full-Time

Experience : years

Vacancy : 1