Equity Middle Office Associate

Equity Middle Office Associate

Country:
United States of America

Santander’s U.S. Equity business requires a dedicated Equity Middle Office Associate to manage the post‑trade lifecycle, partner with Trading, Sales, Operations, Technology, Risk, Compliance, Finance, and external market participants to ensure timely settlement and exceptional client service. The role also contributes to operational transformation through AI, automation, and data analytics.

• Support the end‑to‑end post‑trade lifecycle for U.S. Equity products.
• Monitor trade flow, investigate operational exceptions, and resolve settlement issues.
• Coordinate with Trading, Sales, Operations, Technology, Risk, Compliance, custodians, and counter parties to minimize settlement risk.
• Support T+1 settlement readiness through proactive exception management and operational controls.
• Produce operational reporting, KPI dashboards, and management metrics.
• Support audit, regulatory, business continuity, and strategic initiatives.
• Identify opportunities to improve Straight‑Through Processing (STP) and reduce manual intervention.
• Leverage AI, automation, Microsoft Copilot, ChatGPT, SQL, Power BI, Python, Power Automate, or similar tools to streamline workflows.
• Participate in technology initiatives, user acceptance testing, and process improvement projects.

Below are the qualifications required to perform this job successfully.

• Bachelor’s Degree in a related field or equivalent demonstrated through a combination of work experience, training, military service, or education – Required.

• 5+ Years of experience in Equity Middle Office, Equity Operations, or Securities Operations supporting institutional equity products.
• Strong understanding of the equity trade lifecycle, including trade capture, allocations, affirmations, settlement, fails management, and post‑trade controls.
• Demonstrated settlement experience across U.S. equity markets (DTC/NSCC) and international equity markets, with particular emphasis on Latin America (Brazil, Mexico, Chile, Colombia, Peru, Argentina).
• Experience supporting convertible bonds and convertible arbitrage trading, including post‑trade processing, settlement, and lifecycle events.
• Experience coordinating with custodians, broker‑dealers, counter parties, and local market agents.
• Knowledge of cross‑border settlement workflows, SSI management, FX funding considerations, and local market practices.
• Hands‑on experience with Fidessa, Murex, and Bloomberg (BBG).
• Experience with Pershing, Euroclear, CACEIS, DTCC/NSCC, or similar post‑trade platforms.
• Advanced Microsoft Excel skills; SQL, Power BI, Python, or Power Automate experience preferred.
• Demonstrated interest in AI, automation, and continuous process improvement.
• Strong analytical, communication, stakeholder management, and problem‑solving skills.

• No certifications required.

Applicants must be legally authorized to work in the United States on a full‑time basis without requiring employer sponsorship.

Base Pay Range: $ – $ USD per annum.

Santander offers a fair and competitive rewards package that includes benefits to support employees, their families, and overall well‑being.

We embrace a strong risk culture and expect all professionals at all levels to take a proactive and responsible approach toward risk management.

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.

Frequent minimal physical effort such as sitting, standing and walking is required. Depending on location, occasional moving and lifting light equipment and/or furniture may be required.