Senior Derivatives Trader

Your Journey Starts Here:

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Position Summary:

The Senior Derivatives Trader is responsible for Foreign Exchange and Derivatives execution for client trades both for OTC and exchange traded. The Derivatives Trader plays a lead role in participating and delivering projects and initiatives associated with FX and Derivatives. He/She will backup cross functional functions within the Treasury Group as needed for projects risk management cash management and execution

The Senior Derivatives Trader reports directly to the Head of Treasury and Markets.

Position Duties / Responsibilities

Derivatives Trader
Executes FX spot and derivative transactions for clients including OTC (NDFs interest rate swaps cross currency swaps) and Exchange Traded (Listed options) within established risk limits/parameters.
Executes Securities for Clients associated with ETD

The Derivatives Trader plays a lead role in participating and delivering projects and initiatives associated with FX and Derivatives
Backup cross functional functions within the Treasury Group as needed for projects risk management cash management and execution.
Builds and maintains internal and external relationships providing efficient execution of trades including client activity. Promotes automation reducing operational errors.
Contributes market views and provides market research of major currencies and interest rates including economic fundamentals.
Insures that activity is governed by proper updated policies and procedures.
Provide subject matter expertise to the organization in Treasury matters such as Derivatives and Trade Execution.

Other duties as assigned or requested by immediate supervisor

Specialized Knowledge

Command of banking products (swaps foreign exchange interest rate derivatives) cash flows financial reporting and analysis management reporting variance analysis and knowledge of fixed income and capital markets.

Strong analytical and quantitative skills.
Relies on extensive experience and judgment to plan and accomplish goals

Performs a variety of tasks. Ability to multitask prioritize and meet deadlines

Good Understanding of the Banking Regulatory Environment.

Education:

Bachelors degree required; Masters degree preferred or equivalent experience

Business Experience:

7-10 years of relevant experience or demonstrated required level of proficiency

Supervisory / Management Scope:

Manage process or technology

Technical Knowledge:

Understanding of financial products including derivatives.
Knowledge of Bank Regulation
Strong analytical Skills

Languages:

English Spanish would be preferable

Working Conditions: Frequent Minimal physical effort such as sitting standing and walking. Occasional moving and lifting equipment and furniture is required to support onsite and offsite meeting setup and teardown. Physically capable of lifting up to fifty pounds able to bend kneel climb ladders.

Employer Rights: 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 at any time for any reason.

What Else You Need To Know:

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.

Link to Santander Benefits:

Santander Benefits - 2025 Santander OnGoing/NH eGuide ()

Risk Culture:

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.

EEO Statement:

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 standingand 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.

What To Do Next:

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

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