Trading Operations Analyst

Referment is partnering with a fast-growing European equities trading venue to hire an experienced Trading Operations Analyst to join their Market Operations team in Madrid.

This is an exciting opportunity for a mid-to-senior level professional to join a highly collaborative exchange environment supporting both European and US trading activity, with direct exposure to market operations, post-trade workflows, client onboarding, and trading infrastructure. As the team has recently expanded at the junior level, we are specifically seeking an experienced individual who can hit the ground running.

• Location: Madrid (Hybrid - office + WFH)
• Shift Pattern: 14:00-23:00 CET (supporting US markets)
• Industry: Capital Markets / Exchange Operations

• Managing end-to-end trade life cycles and post-trade operations
• Monitoring European and US market activity
• Handling trade support, reconciliation, and settlement processes
• Managing corporate actions and live system changes within a production environment
• Managing reference data and market notices
• Client onboarding and connectivity support
• UAT testing and release validation
• Investigating trading‑related queries and resolving discrepancies
• Supporting MiFIDII reporting and operational controls

• Significant professional experience in market operations; this role is for mid‑to‑senior level candidates who have progressed beyond entry‑level or internship positions
• Direct experience managing end‑to‑end trade life cycles is essential for this role
• Strong experience in Equities or similar liquid markets
• Practical operational experience in trade support, reconciliation, settlement, and corporate actions
• Proven experience managing live system changes within a production environment
• Ability to work the US shift (14:00-23:00 CET) on a permanent basis
• Mandatory English proficiency at a C1 or C2 level (Cambridge Certificate equivalent) to support international clients
• All CVs must be submitted in English to be considered
• A strong focus on operational trade flows and practical problem‑solving rather than risk modeling, credit risk, fund accounting, or data science
• A short notice period is highly advantageous
• Strong attention to detail in a fast‑paced environment
• Excellent Excel skills
• Familiarity with trading platforms such as Bloomberg, ICE, FX Suite, or Finastra is a plus
• Knowledge of regulatory frameworks like MiFIDII, EMIR, or the Volcker Rule
• Experience with in a fast‑paced Fintech or Investment Banking environment is beneficial

• Competitive salary + bonus
• 30 days holiday
• International and collaborative culture
• Exposure to senior leadership
• Excellent opportunity to develop within exchange and market operations

If you are interested in learning more, please apply now to avoid disappointment.