VP, Senior Legal Counsel - Markets

Santander is a global leader and innovator in the financial services industry and is evolving from a high-impact brand into a technology-driven organization. Our people are at the heart of this journey and together, we are driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what’s possible.  This is more than a strategic shift.  It’s a chance for driven professionals to grow, learn, and make a real difference.

If you are interested in exploring the possibilities We Want to Talk to You!

The Vice President, Senior Legal Counsel - Markets is a part of the Santander Corporate & Investment Banking Legal Team and will play an important role in supporting Santander’s global markets business.  You will work closely with lawyers, documentation professionals, front-office teams, credit, risk and other stakeholders to negotiate and advise on the documentation that enables the Bank to execute sophisticated financial markets transactions efficiently and with appropriate legal and risk protections. The role offers significant exposure to a broad range of markets products and counterparties, including both structured and non-structured transactions, and the opportunity to deepen your expertise in derivatives, securities financing and related markets documentation.

Position Summary

• Negotiate, draft and advise on a broad range of markets documentation, including ISDA Master Agreements, Credit Support Annexes and other collateral documentation, Master Repurchase Agreements (MRAs), Global Master Repurchase Agreements (GMRAs), Master Securities Forward Transaction Agreements (MSFTAs), Master Securities Loan Agreements (MSLAs), and related agreements.
• Provide practical, commercially focused legal advice regarding documentation terms, counterparty negotiations and legal and regulatory considerations affecting markets transactions.
• Partner closely with Markets, Credit, Risk, Operations and other Legal colleagues to facilitate transaction execution while appropriately managing legal and reputational risk.
• Advise on documentation for a range of markets products and transaction structures, adapting documentation and negotiation strategies to Santander's evolving business needs.
• Identify, analyze and escalate significant legal and documentation issues and help develop pragmatic solutions.
• Support improvements to documentation processes, templates, playbooks and negotiation standards, including opportunities to leverage technology and automation.
• Monitor relevant legal, regulatory and market developments and assess their impact on Santander's markets documentation and practices.
• Contribute to broader Markets Legal, Legal Department and firmwide projects and strategic initiatives as needed.

Active license to practice law in New York State - Required.

Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.

The base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.

Minimum:

Your contribution matters and it’s recognized.  You can expect a fair and competitive rewards package that reflects the impact you create and the value you deliver. We know rewards go beyond numbers.  Offering more than just a paycheck our benefits are designed to support you, your family and your well-being, now and into the future. Santander Benefits - 2026 Santander OnGoing/NH eGuide (foleon.com) 

We embrace a strong risk culture and all of our professionals at all levels are expected to take a proactive and responsible approach toward risk management.

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 is required for this role. Depending on location, occasional moving and lifting light equipment and/or furniture may be required.

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 your employment at any time for any reason.

If this sounds like a role you are interested in, then please apply.

We are committed to providing an inclusive and accessible application process for all candidates. If you require any assistance or accommodation due to a disability or any other reason, please contact us at TAOps@santander.us to discuss your needs.