Capital & Profitability Optimization Associate

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:

We are seeking an experienced and highly skilled individual to join the CFO organization of our Corporate & Investment Banking (CIB) division in the US. The day-to-day activity of the ACPM team is heavily focused on decision making at origination and close interaction with the front office teams. The candidate will be responsible for strategic planning, assessment, with a particular focus in regulatory capital including Risk Weighted Assets (RWA) optimization. The candidate will oversee the regulatory capital budgeting and management process including the alignment of the business decision making process to optimize the Return on Capital, the development of new products under a capital optimization lenses and the management of CIB’s balance sheet to ensure that the RWAs of the division are optimized. The ideal candidate should possess a comprehensive understanding of regulatory capital frameworks, including the Basel rules, advanced financial expertise, deep understanding of CIB products (both in the banking and the markets books) leadership skills and persuasion abilities, and strong analytical skills.

• Strategic Planning – Capital allocation and forecasting: Develop, implement, and update long-term strategic plans related to regulatory capital management, with a specific focus on RWA optimization, in line with the bank's corporate and investment banking activities and objectives.

• Support to deal structuring and pricing across products.

• Regulatory Compliance: Ensure adherence to relevant regulatory requirements, capital adequacy ratios, and compliance guidelines both in the United States and Europe, in accordance with the Basel regulatory capital rules.

• Policy Development: Develop and maintain comprehensive policies and procedures governing regulatory capital management, incorporating regulatory guidelines and best practices from both the U.S. and European financial regulatory bodies.

• Risk Assessment: Oversee the identification, evaluation, and management of all risks associated with regulatory capital, with a particular focus on RWA, to ensure compliance with regulatory and internal requirements.

• RWA Optimization – Capital relief (SRTs Structuring / CDS) and liquidity optimization initiatives: Identify opportunities to optimize RWA calculation methodologies, review exposure types, and assess risk mitigation strategies to enhance the bank’s regulatory capital position. This will include a close understanding of the applicable rules and quantitative models applied to the computation of RWA.

• Analysis: Establish effective reporting systems to provide accurate and timely information on regulatory capital levels, analyzing the bank's capital adequacy with respect to RWA, and presenting findings to senior management, regulators, and board members.

• Strengthen Decision-making: Collaborate with senior management to enhance the decision-making process by providing comprehensive analysis and insights into regulatory capital implications for corporate and investment banking activities.

• Relationship Management: Cultivate strong relationships with internal stakeholders, including senior management, risk management teams, finance, and compliance departments, while maintaining effective communication and collaboration across regions and functions.

• Regulatory Engagement: Serve as the primary point of contact for regulatory audits, examinations, and inquiries relating to regulatory capital management. Maintain current knowledge of regulatory changes and upcoming requirements in both the U.S. and European markets.

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

Bachelor’s degree, or equivalent degree and/or work experience, in Finance, Accounting, Economics, or a related field. Required.

Master’s degree. Preferred.

5+ years of general relevant work experience.

Proven experience in regulatory capital management within the corporate and investment banking industry.

• Understanding of regulatory frameworks, including Basel III guidelines, Dodd-Frank Act, and relevant U.S. and European banking regulations.

• Strong knowledge of financial instruments, valuation, risk management, and capital adequacy calculations, with a specific focus on RWA optimization in the corporate and investment banking context.

• Excellent analytical and problem-solving skills, with the ability to interpret, analyze, and communicate complex data and reports effectively to support decision-making processes.

• Exceptional leadership capabilities, with experience in driving change initiatives and strengthening the decision-making process within the corporate and investment banking sector.

• Effective communication and interpersonal skills to engage and collaborate with stakeholders across various departments, regions, and regulatory bodies.

• Familiarity with both U.S. and European Basel regulatory capital rules and their implications on corporate and investment banking activities.

• Strong organizational skills, attention to detail, and ability to manage multiple priorities in a fast-paced and dynamic environment.

• Experience with Python, SQL and VBA preferred.

Certifications:

Professional certifications such as CFA, FRM, or other relevant certifications are preferred.

It Would Be Nice For You To Have:

Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.

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.

Link to Santander Benefits:

Santander Benefits - 2025 Santander OnGoing/NH eGuide (foleon.com)

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, standing and 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 [email protected] to discuss your needs.