Repo Trader – Analyst Country: Spain IT STARTS HERE Santander (www.santander.com) 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 integral 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.
Key Responsibilities

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 counterparties.
Monitor trading risks, including market, liquidity, counterparty and settlement risks.
Work closely with Trading, Sales, Risk, Middle Office and O

📌 Repo Trader (Madrid)
🏢 Banco Santander
📍 Madrid