Trader
Job Summary
It Starts Here:
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 whats possible. This is more than a strategic shift. Its 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!
Position Summary:
The Trader is responsible for the timely and accurate execution of Fixed Income Equity ETF and foreign-exchange transactions for client accounts and discretionary managed portfolios. The role seeks best execution through approved brokers monitors market conditions and portfolio risks and ensures trading activity complies with applicable policies procedures risk limits and regulatory requirements. The Trader provides execution market and product support to the Commercial and Discretionary Portfolio Management teams coordinates the trade lifecycle with operations and settlement teams maintains effective counterparty relationships and contributes to continuous improvement of the Trading Desk.
Position Duties / Responsibilities
Trading Execution and Controls
Executes Fixed Income Equity ETF and FX transactions for client accounts and discretionary managed portfolios
Seeks best execution using approved brokers and committee-approved criteria
Delivers accurate and timely execution in accordance with Trading Desk policies and procedures
Monitors orders and executions identifies potential issues and takes appropriate action to minimize errors
Ensures activity is consistent with regulatory status risk limits mandates and internal requirements
Commercial and Discretionary Portfolio Management Support
Provides the Commercial and DPM teams with responsive execution support and relevant market and product information
Maintains regular contact with internal clients to provide market color and execution-related guidance
Incorporates feedback from bankers and portfolio managers into the Trading Desk service proposition
Market Expertise Desk Coverage And Teamwork
Applies knowledge of financial markets trading systems and instruments throughout market hours
Monitors prices liquidity and market developments across cash OTC and derivatives markets
Provides additional desk coverage when required and works collaboratively to maintain continuity of service
Promotes high performance continuous improvement and a strong commitment to execution quality
Stakeholder And Trade-Lifecycle Management
Manages day-to-day relationships with approved brokers and internal stakeholders
Coordinates with securities processing and settlement operations to support proper trade confirmation clearance and settlement
Escalates breaks exceptions and material risks promptly and keeps relevant stakeholders informed Other duties as assigned or requested by immediate supervisor.
Education:
Bachelors degree required or equivalent experience
Business Experience:
5 - 6 years of relevant experience or demostrated required level of proficiency Specialized and/or Technical Knowledge:
Knowledge of multi-asset trade execution including order handling and execution across Fixed Income Equities ETFs and FX with an understanding of approved-broker requirements and best-execution principles
Knowledge of Fixed Income and Equity markets including market structure liquidity pricing valuation methodologies macroeconomic drivers credit and interest-rate risk equity-market dynamics and factors affecting transaction costs
Proficiency in Bloomberg and electronic trading and market data platforms including execution venues such as Tradebook and MarketAxess with the ability to monitor prices across cash OTC and derivatives markets
Knowledge of trade confirmation clearance settlement processes and the full order-to-settlement lifecycle
Understanding of market portfolio and operational risk concepts including the identification of market and execution risks evaluation of portfolio exposures monitoring of risk limits and escalation of exceptions or control gaps
Ability to coordinate effectively with brokers and internal stakeholders including Commercial DPM securities processing operations and settlement teams
Strong analytical and quantitative skills with exceptional attention to detail
Advanced proficiency in Microsoft Excel and strong PowerPoint and Word skills. Experience with programming automation or other technology-based solutions is desirable
Languages:
Enligsh Spanish
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.
Base Pay Range:
Minimum:
$80625.00 USDMaximum:
We Value Your Impact:
Your contribution matters and its 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 ()
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.
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 to discuss your needs.