MEX Pre and Post Trade SCIB Jr Analyst-3
Country: Mexico
Job Descriptions:
Derivatives Operations
• Execute daily tasks related to trade processing of derivative products, FX and MM, trade maintenance, settlement, reconciliation, electronic and paper confirmations as well as issues resolution.
• Act as a central point of contact for the business when resolving incidents.
• Identify and escalate any operational and IT incidents.
• Participate on the team training programme to increase knowledge and be able to perform more tasks.
• Escalate any recurrent manual workarounds.
• Maintain a collaborative and communicative environment within the team, complying with the bank standards.
• Active participation on projects defining the main requirements, the testing exercises, and recordkeeping the evidences that prove the development and configurations of the systems are correct.
Banking Operations
• transactions involving booking and servicing commercial loans and letter of credit.
• Researches and responds to incoming commercial loan requests received from business areas supported by the department.
• Research payment history, loan balances, and associated documentation including loan notes, forbearance agreements, and modifications.
• Performs dollar transactions, collateral setup and maintenance, GL balancing, and quality review.
• Creates and analyzes error reports, researching the payments log, and incoming wire transfer payments
• Ensures proper documentation is filed appropriately and is available for internal and external audits. Identifies and resolves problems within established guidelines.
GTB Operations:
• Guarantee a harmonious implementation process, based on the implementation flows defined, and in accordance with the expectations of the Client and the Bank.
• Manage the transfer of implemented solutions to the Customer Service area.
• Participate in the sales process as manager of the solution to be implemented.
• Provide feedback to the Cash Management Global Products area about the implemented solutions / problems found and collaborate with possible improvements.
• -Support to the Middle Office team of Trade & Working Capital Solutions in the structuring and processing of Documentary Trade, Trade Funding (Corporates & IFIs) and Structured Trade operations.
• Participation in the structuring and closing of complex transactions such as Inventory Financing, Borrowing Base, Pre-Export Financing, among others.
• - Record of banking operations ensuring that the control framework is met, covering criteria of: Asset and Capital Portfolio Management, Credit Risks, Compliance with anti-money laundering and anti-terrorism regulations, Operational Risk Rules, Among others.
Liquidy & Payments Operations:
• Monitor balances and liquidity positions.
• Supervision of the monitoring and control of real time settlements in US dollars.
• Supervision of incidents related to liquidity management.
• Support to local partners in the USA.
• Control of reconciliations.
• Analysis of various reports of balances, positions, counterparties and Kiwi's.
Securities Finance Operations:
• Margin Call Management (Variation Margin/Initial Margin) and Portfolio Reconciliation, where daily tasks include but will not be limited to:
• New client agreements set up in the collateral management system
• Managing the margin call processes relating to Global Master Repurchase Agreements (GMRAs) and Global Master Stock Lending Agreements (GMSLAs) and Credit Support Annex (CSA), Contrato de Garantías (CGAR) and Credit Support Deed (CSD)
• Monitoring the Triparty allocation for the Initial Margin activity
• Identification, escalation and follow up until resolution of all client disputes and regulatory queries
• Liaison with internal groups (Credit and Market Risk Management, Legal, Compliance, Sales, Trading and other Operations Departments) to resolve collateral issues.
• Extensive interaction with clients
• Reconciliation of portfolios
• Monthly Interest and non-cash collateral substitutions
• Performing a number of control functions, ensuring the integrity of our processes
• Ensuring Margin call process remains aligned to the SOX Control Framework, including collection of evidence for testing.
• Reporting to the Local and Global managers of PPT Securities Finance providing regular updates on the BAU activity as well as escalating any issues in a timely manner.
Santander Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Santander and has not been reviewed or approved by Santander.
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Retirement Support — A dollar‑for‑dollar 401(k) match up to 6% of eligible pay and immediate vesting are highlighted as core strengths, supporting long‑term savings. This is reinforced by company‑paid disability and life/AD&D coverage that bolster financial security.
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Leave & Time Off Breadth — Paid time off typically ranges from 18–30 days in the U.S. with 11 paid holidays, plus dedicated volunteer and development time; the UK features a minimum of 25 days with buy/sell options. Some roles also use self‑managed PTO, offering additional flexibility depending on team norms.
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Parental & Family Support — U.S. parental benefits include 8 weeks paid for all parents and a total of 16 weeks paid for birth mothers, with flexibility for reduced hours around childbirth. Caregiver leave and dependent‑care programs add further family support.
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What We Do
Banco Santander (SAN SM, STD US, BNC LN) is a leading commercial bank, founded in 1857 and headquartered in Spain and one of the largest banks in the world by market capitalization. The group’s activities are consolidated into five global businesses: Retail & Commercial Banking, Digital Consumer Bank, Corporate & Investment Banking (CIB), Wealth Management & Insurance and Payments (PagoNxt and Cards). This operating model allows the bank to better leverage its unique combination of global scale and local leadership. Santander aims to be the best open financial services platform providing services to individuals, SMEs, corporates, financial institutions and governments. The bank’s purpose is to help people and businesses prosper in a simple, personal and fair way. Santander is building a more responsible bank and has made a number of commitments to support this objective, including raising €220 billion in green financing between 2019 and 2030. In the first quarter of 2024, Banco Santander had €1.3 trillion in total funds, 166 million customers, 8,400 branches and 211,000 employees.
