Repo Trader - Analyst
Santander · Boadilla Del Monte, Spain · 25d ago
IT STARTS HERE
Santander (www.santander.com) is evolving from a global, high-impact brand into a technology-driven organization, and our people are at the heart of this journey. 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.
Our mission is to contribute to help more people and businesses prosper. We embrace a strong risk culture and all our professionals at all levels are expected to take a proactive and responsible approach toward risk management.
Santander Corporate & Investment Banking (Santander CIB) 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.
THE DIFFERENCE YOU MAKE
SCIB s looking for a SECURITIES FINANCE REPO TRADER ANALYST based out of Boadilla (Madrid)
This role offers the opportunity to develop within a dynamic financial markets environment, gaining direct exposure to Securities Finance, Fixed Income and Repo markets.
The successful candidate will work closely with Trading, Sales and other internal teams, contributing to the management of financing and liquidity needs across European Government Bonds and other fixed income securities.
We are open to candidates with different backgrounds within financial markets. Previous experience in Trading is not required, and profiles coming from areas such as Sales, Risk, Middle
Office or other market-related functions will also be considered.
This is an opportunity to join a front-office Global Securities Finance trading desk and develop hands-on experience in European repo markets, working closely with Trading and Sales and gaining exposure to financing, liquidity, collateral and relative-value dynamics across European Government Bonds.
The role offers a clear path to developing trading responsibilities as market knowledge and experience grow.
As a Securities Finance Repo Trader Analyst, you will contribute to the management of the financing and liquidity needs of clients and the bank across European Government Bonds (EGBs) and other fixed income securities.
You will work in a fast-paced global market environment, interacting closely with Sales and other global teams, responding to market requests and supporting the identification of financing and relative value opportunities.
Your key responsibilities will include:
- Execute and manage short-term repo transactions across European Government Bonds, including General Collateral and later Specials.
- Provide market levels and pricing indications in response to specific requests from Sales teams and other internal stakeholders.
- Work closely with Sales teams to support client activity and respond efficiently to market and financing requests.
- Monitor repo rates, liquidity, market conditions and supply/demand dynamics across securities and maturities.
- Contribute to the management of client financing needs and the efficient use of the bank's balance sheet and collateral.
- Support the optimisation of funding, collateral and balance-sheet usage while meeting client financing requirements.
- Identify and analyse relative value and funding opportunities across different securities, maturities and counterparties.
- Monitor trading risks, including market, liquidity, counterparty and settlement risks.
- Work closely with Trading, Sales, Risk, Middle Office and Operations teams to ensure efficient execution and management of transactions.
- Contribute to the development and improvement of analytical tools, data processes and trading workflows
WHAT YOU’LL BRING
We are looking for a dynamic, proactive and analytical individual, comfortable working in a fastpaced environment and capable of making quick and sound decisions under pressure.
Strong communication and interpersonal skills are essential, as the role requires regular interaction with Sales teams and other stakeholders, as well as the ability to provide clear and timely market levels in response to specific business and client requests.
The ideal candidate will have previous exposure to financial markets and a strong interest in developing a deeper understanding of Fixed Income, Repo and Securities Finance.
Experience in data management and analysis will be highly valued, together with a broad understanding of financial markets.
Professional Experience
- Previous experience or exposure to financial markets. (Required)
- Experience in Trading is valued but is not a requirement. (Preferred)
- Candidates with experience in areas such as Sales, Risk, Middle Office, Treasury, Securities (Required)
- Finance, Fixed Income or other market-related functions will be considered. (Preferres)
- Previous experience working in a fast-paced financial environment and interacting with different stakeholders will be valued (Required)
Education
- Bachelor's or Master's degree in Finance, Economics, Business Administration, Engineering, Mathematics or another quantitative or related discipline. (Required)
Languages
- High level of English and Spanish (Required)
Hard Skills
- Good understanding of financial markets. (Required)
- Strong analytical and numerical skills. (Required)
- Proactive attitude, intellectual curiosity and willingness to learn. (Required)
- Advanced knowledge of Excel. (Required)
- Strong interest in Fixed Income, Securities Finance and Repo markets. (Required)
- Ability to make decisions and prioritise effectively in a fast-paced environment. (Required)
- Ability to interact effectively with Sales, Trading and other internal teams. (Required)
- Good data management and analytical capabilities.(Required)
- Knowledge of Python, VBA, SQL or other data analysis tools would be considered a plus (R
WE VALUE YOUR IMPACT
Your contribution matters, and it’s recognized. You can expect a fair, competitive reward package that reflects the impact you create and the value you deliver. But we know rewards go beyond numbers.
- We’re enable our teams to go beyond through global opportunities and broad career paths.
- Flexibility that works. Enjoy a hybrid working models—some days remote, some days onsite with your team—along with flexible hours.
- Learning for life. Access hundreds of courses on our platforms, including exclusive access to our global learning space: Santander Open Academy (www.santanderopenacademy.com)
- Competitive rewards. Receive a highly competitive salary with performance-based bonuses, motivating you to keep growing with us.
- Financial advantages. Benefit from preferential banking terms, special interest rates on loans, life insurance, and more.
- Your health is our priority. Through BeHealthy, our global wellness programme, we promote Holistic wellbeing.
- We know family is everything. That’s why we offer childcare support and family-friendly programmes tailored to each life stage.
- Always by your side. Get access to Santander Contigo, our program for employees and their families offering legal, emotional, and administrative advisory services.
- Extra benefits. Gym/WellHub membership, medical centers in some of our facilities, meal subsidy, parking, shuttle service from various points in Madrid, as well as exclusive discounts and offers for Santander employees. And that’s only the beginning—we’ll tell you more when you join!
We’re here to keep you motivated, help you reach your goals, and celebrate your progress, every step of the way.
LOCAL COMPLIANCE
Santander is proud of being an organization where there are equal opportunities regardless of age, gender, disability, civil status, race, religion or sexual orientation. We are committed to providing an inclusive and accessible application process for all candidates.
WHAT TO DO NEXT
If this sounds like a role you are interested in, then please apply.
READY TO TAKE THE NEXT STEP IN YOUR JOURNEY?
#SCIB