More jobs:
Non-linear Rates Trader, Executive Director - CIB
Job in
Madison, Dane County, Wisconsin, 53774, USA
Listed on 2026-06-05
Listing for:
Banco Santander SA
Full Time
position Listed on 2026-06-05
Job specializations:
-
Finance & Banking
Financial Analyst, Risk Manager/Analyst
Job Description & How to Apply Below
Estados Unidos da América
** 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 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.
If you are interested in exploring the possibilities
** We Want to Talk to You!
**** Role Overview
** Santander is seeking an Executive Director, Non-linear Rates Trader to join the Rates trading team within Santander’s U.S. Corporate Investment Banking. The role will focus on building and running the USD rates options business, with primary responsibility for pricing, trading, and risk management across nonlinear products, while covering US clients. The successful candidate will combine strong options trading experience with the ability to drive systems development to enhance pricing, risk, and trade execution capabilities across the desk.
** Responsibilities
* ** Price, quote, and trade USD rates options (nonlinear products), ensuring competitive pricing and disciplined risk-taking.
* Partner with existing USD rates options trading team in Europe to expand coverage of US clients and initiate buildout of a stand-alone nonlinear trading desk in NY
* Partner with Sales and Structuring to support and expand coverage of US clients, driving growth of the USD options franchise.
* Collaborate with global trading partners where needed to support cross-regional risk transfer, product coverage, and market continuity.
* Lead enhancements to desk infrastructure, including pricing tools, risk analytics, market data workflows, and automation.
* Work closely with Quant, Technology, and Risk to improve model implementation, calibration processes, and control environment.
* Ensure adherence to all relevant governance, limits, policies, and regulatory requirements.
** Qualifications
* ** Significant experience trading rates options / nonlinear rates products, with demonstrated ability to run risk and generate P&L.
* Demonstrated systems development capability.
* Strong quantitative intuition and comfort working closely with models and analytics.
* Excellent communication skills and a client-oriented mindset, with experience supporting coverage of US clients.
* Ability to work effectively in a fast-paced trading environment with strong ownership and accountability.
** Education
* ** Bachelor’s degree or equivalent work experience
* FINRA Certificates Diversity & EEO Statements:
At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams. 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, 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…
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