VP, European Securitised Products

Business area introduction

SCIB European Securitised Products Group (“SPG”) – the business provides asset-backed securities underwriting, structuring and placement in the capital markets, as well as short to medium-term non-recourse secured financing solutions to clients via the Group’s balance sheet, based on a broad range of assets including trade receivables, credit cards, consumer loans, auto loans and leases, mortgages and SME loans.

The SPG team has broad responsibility for securitisation across the whole European region for CIB; it comprises 25 colleagues based in London & Madrid.

The business has grown materially in the past 2 years with an extensive Pan European client base – SCIB SPG was ranked #1 bookrunner in Europe for Securitised Products in 2023.

The team is looking to substantially expand its activities across Europe, and is now looking to add a new Vice President.

Key activities

• Structuring & arranging securitisation transactions on behalf SCIB clients
• Analysing new senior secured lending opportunities, including thorough asset-level analysis as well as running external/internal rating processes and presenting transactions for approval at internal committees
• Managing successful delivery of multiple transactions, following all required internal governance processes
• Retaining an up-to-date understanding of all relevant securitisation regulation in the EU and UK
• Working proactively to resolve any issues identified on transactions, taking ownership for our client’s experience
• Adhering to internal team processes and procedures, including provision of timely, accurate management information

What we’re looking for

• Educated to degree level in a relevant subject (Engineering, Finance, Science, Mathematics preferred)
• Extensive experience in a securitisation structuring/asset backed lending role
• Solid understanding of EU and UK securitisation regulation, including all recent developments
• Solid understanding of credit risk, regulatory and compliance frameworks, as well as ability to address areas of concern through actions
• Strong communication and collaboration skills across various stakeholders at different seniority levels, and ability to work effectively as a team
• Ability to work well under pressure and handle multiple tasks with limited supervision
• Strong attention to detail and ability to produce consistently high-quality deliverables
• Ability to build strong partnerships with internal stakeholders
• A “can-do” and pro-active attitude
• Highly numerate with strong financial modelling skills using Excel/VBA, Python
• Strong team player
• Regulated role experience

What else you need to know

This role is based in our Triton Square office in London, conveniently located within walking distance from Euston Station and Warren Street Station.

This will be an office-based role in Triton Square.

How we’ll reward you

As well as a competitive salary, you’ll enjoy a benefits package that you can tailor to your needs.

• Eligible for a discretionary performance-related annual bonus
• Pension with generous contributions of up to 12.5% from Santander, depending on your own contribution and length of employment with us
• 30 days holiday plus bank holidays, with the option to purchase up to 5 contractual days per year
• Company funded individual private medical insurance
• Voluntary healthcare benefits at discounted rates such as private medical insurance for your family, dental insurance, healthcare cash plan and health assessments
• Benefits supporting you and your family, such as death-in-service benefit, income protection, and voluntary life assurance and critical illness cover
• Share in Santander’s success by investing in our Sharesave and Partnership shares plans

For more information about our wide range of benefits and family friendly policies visit our website.

Equal Opportunities

Santander are an equal opportunities employer. When we talk about diversity, we don’t just want to pay lip service. Our customers come from a wide range of backgrounds, and so do our people. It’s important to us that we create an inclusive culture where everyone counts, and we particularly welcome applications from different underrepresented groups.

For more information on our commitment to equal opportunities, please visit our diversity page.

What to do next

If this sounds like a role you’re interested in, then please apply on the link.

Due to high volume of applications we may need to close this role earlier than the advertised date, so recommend submitting an application as soon as possible.