Executive Director, Treasury

Company: Santander Holdings USA Inc
Location: New York
Posted on: May 9, 2025

Job Description:

Executive Director, TreasuryNew York, United States of AmericaThe Director, Treasury provides subject matter expertise in one or more of the following processes (Asset-Liability Management, Interest Rate Risk, Liquidity Risk, Investment Portfolio Management, Cash-Management, Debt Capital Markets, Capital Allocation, Capital Market Theory, Capital Planning and Recovery & Resolution). S/he implements complex solutions to (balance sheet management, investment portfolio management, asset liability management or capital management) department priorities. The incumbent also participates in complex analysis and projects.The Finance organization is responsible for leading and participating in a number of critical functions including: supporting executive management decisions making by analyzing results, assessing strategic alternatives and developing strategic plans; communicating financial results and forecasts with critical stakeholders, including executive management and Board of Directors, shareholders and regulators; managing the Company's balance sheet, including interest rate and liquidity risks; establishes the Company's capital policies and prioritizes investments; develops and implements controls to reduce operational risk; developing and maintaining financial data and systems. The Finance organization works across functions and Business lines in the Company, requiring a broad understanding of our business, risk and strategy.Manages and analyzes cash funds, debt, and interest rate risk on behalf of the company. Formulates and updates policies and guidelines on the planning and management of the company's monetary resources. Ensures optimization of income and proper investments. Plans and sources cash requirements.Essential Functions/Responsibility Statements:Implement operational aspects to ensure the (Asset-Liability Management, Liquidity Risk Management, Cash Management, Interest-Rate Risk Management, Fund Transfer Pricing, Investment Portfolio Management, Balance-Sheet Management, Debt Capital Markets) function effectively assess, manage, and report on risk.Lead Operational liquidity management, including but not limited to:

• Monitor Nostro Accounts.
• Execution of FX transactions.
• Management correspondent bank account (BOFA)
• Management of IPA.
• Oversight of BO disbursement reports.
• Escalation of operational issues.
• Management of internal tickets between markets and ALCO.
• Management of intragroup short-term deposits.
• Coordination with STM desk at Madrid and DTDF reporting.
• Management of operational liquidityLead Intraday Risk and collateral Management, including but not limited to:
  • Monitoring of intraday liquidity and reporting.
  • Monthly Forum ILR
  • Intraday policies and procedures
  • Maintenance of KIWIs and reporting
  • Coordinate with BO/Medusa to ensure data quality. ProjectsLead Payment System Risk management, including but not limited to:
    • Discount Window access. Documentation with Fed
    • Oversee Discount window/BIC process. IT projects, Audits, RCSA
    • Monthly BIC Forum.
    • Maintain Net Debit Cap (Intraday Facility) with Fed.
    • Oversee opening and monitoring of nostro accounts by BO.Conduct (financial, variance, profitability, forecasting, liquidity) analysis to improve balance-sheet efficiency and adherence to established risk limits.Execute against established policies and procedures (including risk limits, reporting requirements, stress testing requirements, etc.) and contribute to a strong internal control environment in the Treasury functions. Identify and implement process and system improvement opportunities. Coach junior level team members to enhance leadership skills and subject matter expertise. Communicate effectively with internal and external stakeholders.Qualifications: 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.Education:Bachelor's Degree: Finance, Accounting, Economics or equivalent field. ReqMaster's Degree Finance, Accounting, Economics or equivalent field. PrefWork Experience:12+ Years Banking or Financial Services Industry or related field Req12+ Years Req12+ Years Recovery & Resolution, Interest-Rate Risk Management, Funds Transfer Pricing, Req9+ Years Investment Portfolio Management, Balance-Sheet Management, Debt Capital Markets ReqSkills and Abilities:Ability to lead, influence and direct peers, subordinates and Executive Management.Ability to convey a sense of urgency and drive.Strong interpersonal, supervisory, and customer services skills required.Ability to make effective decision making on complex matters.Excellent analytical, organization and project management skills.Ability to adapt and adjust to multiple demands and competing priorities.Detail oriented with ability to research, organize and analyze financial data.EEO Statements: 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. Occasional moving and lifting equipment and furniture is required to support onsite and offsite meeting setup and teardown. Physically capable of lifting up to fifty pounds, able to bend, kneel, climb ladders.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 at any time for any reason.
      
      Primary Location: -New York, NY, New York
      Other Locations: -New York-New York
      Organization: -Banco Santander S.A.Salary: $131,250 - $230,000/year

Keywords: Santander Holdings USA Inc, Hartford , Executive Director, Treasury, Accounting, Auditing , New York, Connecticut