Duties:  Lead market making efforts and execute foreign exchange (FX) trading activities related to Latam currencies. Identify and pursue new prospects within existing or untapped markets. Gather market intelligence, generate leads, and collaborate with Sales teams to generate new business and product distribution opportunities. Drive the growth and retention of existing client relationships, build new products, monetize client flow and market positions, and effectively manage risks in the books under corporate and regulation mandates. Provide pricing capabilities to client and trader flow. Promote enhancements to product capabilities. As part of Global FX options trading team, coordinate with Global FX Options book trading team to deliver consistent pricing to clients and enhanced risk management of the Global FX Options trading books in the U.S. time zone in line with the strategy of the Global FX options books with focus on, but not limited to, Latam currencies.

Requirements:  Master’s degree in Business Administration, Finance, or Economics, plus 5 years of experience in the position offered or as Head Trader of FX Volatility Trading in the banking/financial sector. All required experience must have included: providing pricing of forwards, vanillas, exotics, and structured options in a Latin American currency using understanding of FX and Volatility financial markets; provided top pricing to major corporations, institutions, and international hedge funds; working with trading management systems including Murex, Abacus, Windfall and FX Plus; performing research on Bloomberg and Reuters; working with Excel and programming in VBA and Python; aligning initiatives with Volcker Rule, Latin American banking regulators, and Bank policies for FX Derivatives Desk Mandate covering products, currencies and limits; using various pricing calculation tools including modern multicurve module method construction for forwards, and Black & Scholes, Monte Carlo, Binomial, Stochastic Mixed Volatility, Vanna Volga and Lognormal for options.

Details:  Full-time. Must be willing to travel internationally approximately 20% of time for business meetings and industry events. This role entails hybrid work, with time split between working in our New York, NY office and flexibility to telecommute from another U.S. location.

Contact:  Christie Harpster or Christianne.Harpster@santander.us. Ref. #322.

This Notice is being provided as a result of the filing of an application for permanent alien labor certification for the opportunity. Any person may provide documentary evidence bearing on the application to:

U.S. Department of Labor, Employment and Training Administration, Office of Foreign Labor Certification

200 Constitution Avenue NW, Room N-5311, Washington, DC 20210