Product Development Specialist

Overview

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Trade and Working Capital Solutions is one of the growth engines of Santander Corporate & Investment Banking (SCIB), delivering tailored solutions that address risk mitigation, liquidity, and off-balance sheet financing. Within this area, Documentary Trade focuses on structuring Bank Guarantees and Letters of Credit to support clients’ strategic and operational goals. These products help bridge trust gaps between counterparties, provide instant liquidity, extend payment terms, ensure regulatory and commercial obligations, or improve competitiveness by unlocking supplier finance opportunities. Our role is to execute complex transactions across jurisdictions, legal systems, currencies, and counterparties with speed, security, and strategic insight. SCIB serves top-tier corporate clients across multiple geographies and sectors, relying on us to solve critical challenges in their natural course of business.

We are seeking a Product Development Specialist to lead the evolution of digital trade finance solutions, with a focus on documentary trade (e.g., Letters of Credit, Collections, Guarantees). The successful candidate will be responsible for tracking market trends, proposing and delivering IT solutions aligned with client needs and industry standards, managing product development lifecycles, and enhancing integration with third-party platforms.

Santander Corporate & Investment Banking (SCIB) is Santander\'s global division that supports some of the world\'s most complex and sophisticated corporate and institutional clients, offering customized services and value-added wholesale products to best meet their needs. Our mission is to help more people and businesses prosper. We embrace a strong risk culture and all professionals are expected to take a proactive and responsible approach toward risk management. Santander is committed to equal opportunities regardless of age, gender, disability, civil status, race, religion or sexual orientation.

Key Responsibilities

• Digital Product Development : Design and drive the development of digital solutions in the documentary trade space (LCs, Collections, Guarantees, etc.).
• Translate business and customer requirements into technology features and development roadmaps.
• Collaborate with internal stakeholders (MO, Operations, IT, Legal, Compliance) to ensure end-to-end delivery of new products and enhancements.
• Market & Industry Monitoring : Monitor global and regional trends in trade digitization, regulatory changes, and emerging technologies (e.g., blockchain, eBLs, digital compliance tools). Assess competitor offerings and benchmark product capabilities to maintain market relevance.
• Technology Engagement & Management : Define and lead IT development priorities for trade products in alignment with business goals. Maintain and update the product development backlog, using agile and waterfall methodologies as appropriate. Identify gaps in existing operational platforms and define roadmaps to bridge them.
• Third-Party Integration : Engage with external trade technology providers to evaluate integration opportunities. Define technical and commercial engagement models with partners, including onboarding requirements and SLA definitions.
• Investment Planning & Roadmapping : Develop and present business cases for IT investments. Define short-, medium-, and long-term roadmaps for digital trade product development and platform evolution.
• Client-Centric Approach : Liaise with relationship managers, front-line teams, and clients to gather feedback and anticipate digital needs in trade finance. Act as a subject matter expert for digital documentary trade solutions in internal and external forums.

Experience

Minimum Required Experience :

Specific Experience Areas :

Education

Skills

Preferred :

Soft Skills

Other Information

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