Repo Trader - Analyst

Repo Trader – Analyst Country:
Spain IT STARTS HERE Santander () 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.

• 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 counter parties.
• Monitor trading risks, including market, liquidity, counter party 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.

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.

• 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)

• Bachelor's or Master's degree in Finance, Economics, Business Administration, Engineering, Mathematics or another quantitative or related discipline. (Required)

• High level of English and Spanish (Required)

• Good understanding of financial markets. (Required)
• Strong analytical and numerical skills. (Required)
• Proactive attitude,…