The ABS Analyst role within Santander Bank’s Securitized Product Group (SPG) supports origination, structuring, and execution of asset-backed financing and capital markets transactions. The position focuses on analytical work across collateral, cash flow modeling, documentation review, and transaction support through closing.
Location and Work Setup
- Location: New York, NY (onsite)
Compensation
- Base pay range: USD 110,000 - 135,000 per year
Role Summary
In this position, the analyst performs collateral and transaction analysis, builds and updates financial models, reviews offering and legal documentation, and provides support to facilitate securitization and structured finance execution through closing.
Key Responsibilities
- Analyze collateral performance data, historical asset performance, collateral tapes, and comparable transactions
- Build and maintain financial models to project cash flows, evaluate transaction structures, and perform scenario and sensitivity analyses
- Maintain working knowledge of rating agency methodologies, credit considerations, and market developments across securitized product sectors
- Support the execution of securitization and structured finance transactions from origination through closing
- Coordinate with external stakeholders, including rating agencies, investors, accounting firms, trustees, and legal counsel
- Partner with internal teams, including Risk, Syndicate, Legal, Compliance, and Operations
- Review transaction documentation, including credit agreements, offering memoranda, indentures, and related legal documents
- Prepare internal credit memoranda, client presentations, marketing materials, and pitch books
- Assist with transaction structuring, due diligence, and investor communication efforts
- Monitor market trends and provide analytical support for new business opportunities
Required Qualifications
- Bachelor’s degree in Finance, Economics, Business, Mathematics, or a related quantitative discipline
- Minimum experience: 1 year in securitized products, structured finance, asset-backed securities, or related capital markets disciplines
- Strong financial modeling and analytical skills, including evaluation of structured finance transactions
- Experience analyzing asset-backed collateral performance and credit fundamentals
- Proficiency with Excel and structured finance analytical tools, including Intex and CAS
- Strong understanding of securitization structures, cash flow mechanics, and capital markets execution
- Excellent written, verbal, and presentation skills
- Ability to manage multiple priorities and deadlines in a fast-paced environment
- Strong attention to detail and problem-solving capabilities
- Self-motivated team player with the ability to work independently and collaboratively across functions
Preferred Qualifications
- Advanced degree or relevant professional designation (plus)
- Experience supporting the execution of ABS or other structured finance transactions (preferred)
Technologies
Benefits
- Sanatander Benefits - 2026 Santander OnGoing/NH eGuide (foleon.com)
Work Authorization & Sponsorship
Applicants must be legally authorized to work in the United States on a full-time basis without requiring employer sponsorship to commence employment.
Risk Culture
Sanatander emphasizes a strong risk culture, and professionals at all levels are expected to take a proactive and responsible approach toward risk management.
Working Conditions
- Frequent minimal physical effort such as sitting, standing, and walking
- Depending on location, occasional moving and lifting of light equipment and/or furniture may be required
Equal Employment Opportunity
- Sanatander values and respects differences in the workforce and is an equal opportunity employer
- All qualified applicants receive consideration for employment without regard to protected characteristics under applicable law
Accessibility and Accommodation
Sanatander is committed to providing an inclusive and accessible application process. If you require assistance or accommodation due to a disability or other reason, contact TAOps@santander.us to discuss your needs.
Additional Employer Notices
- This job description does not list all job duties and other duties may be assigned
- Performance may be evaluated based on tasks listed in this job description
- The employer may revise this job description at any time
- This job description is not a contract for employment and either party may terminate employment at any time for any reason
