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Santander

Global retail and commercial banking group

CIB Securitization Senior Legal Counsel - Executive Director

Legal Counsel & Legal SupportConfirmed live in the last 24 hours
Full-timeUnited States$240k - $310k /yr

About the Job

Requirements

  • A J.D. degree is required.
  • The candidate must be admitted to practice and be a member of the bar in good standing in the state where they will practice.
  • At least 8 years of relevant securitization and/or structured products experience at a law firm and/or in-house at a financial services firm, including a demonstrated track record of personally leading negotiations and drafting on complex transactions.
  • The candidate must have excellent oral and written communication skills.
  • The candidate must be able to solve problems quickly and efficiently in a fast-paced environment.
  • The candidate must be self-starting, show initiative, and anticipate needs effectively.
  • The candidate must be able to prioritize effectively and handle multiple tasks under tight deadlines.
  • The candidate must exercise excellent judgment, work independently and resourcefully, and manage complex and novel matters autonomously, including setting legal positions on precedent-setting issues without escalation.

Responsibilities

  • Serve as lead counsel and primary day-to-day legal contact for Santander’s Corporate and Investment Banking Securitized Products Group on banking, lending, and capital markets transactions across a broad range of asset classes and products, including residential mortgage-backed securities, asset-backed securities, and collateralized loan obligations, with primary emphasis on commercial real estate financing, commercial mortgage-backed securities, and other commercial-real-estate-backed structured finance transactions.
  • Lead the negotiation and drafting of financing and securitization deal documents, including commercial real estate and commercial mortgage-backed securities transactions, and exercise independent judgment on complex, novel, or high-risk structuring and documentation issues.
  • Draft and negotiate loan agreements, repurchase agreements, mortgage loan purchase agreements, offering documents for private placements, exempt offerings, or publicly registered U.S. securities offerings, underwriting and placement agreements, term sheets, commitment letters, engagement letters, confidentiality agreements, and form legal documents.
  • Work directly with senior business stakeholders to advise Santander’s Corporate and Investment Banking business on its growing Securitized Products business, including expansion of commercial real estate and commercial mortgage-backed securities capabilities, and on its roles as underwriter, structurer, arranger, bookrunner, and placement agent of securities in public and private offerings.
  • Monitor developments and advise the business on practical and transactional implications of applicable U.S. securities laws, particularly laws applying to structured products, including the Securities Act of 1933 and the Securities Exchange Act of 1934, as well as U.S. banking law and other applicable state and federal laws regarding lending, securities offerings, advisory services, commercial real estate financing, and commercial-real-estate-backed securitizations.
  • Independently handle the full range of coverage matters and flexibly support adjacent business lines as a senior legal resource.

Desired Qualifications

  • Knowledge of commercial real estate origination is beneficial.
  • Being based in New York City is preferred.

About the Company

Santander

Global retail and commercial banking group

Santander is a global bank focusing on retail and commercial banking in Europe and the Americas, serving individuals and SMEs with regional franchises and a broad consumer finance arm, plus a Corporate & Investment Banking division for multinational clients. It uses its Gravity cloud platform to migrate core banking and rapidly deploy digital services such as Openbank across markets, combining fintech-style agility with a bank's balance sheet. The bank differentiates itself by marrying a large retail footprint with global CIB capabilities under the One Santander verticals model to boost efficiency and cross-border revenue. Its goals include improving returns on tangible equity and financing the green economy through sustainable finance and renewable energy projects.

Company size
10,001+
Company stage
IPO
Headquarters
Boadilla del Monte, Spain
Founded
1902

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