Overview In this role you contribute to the Securities Finance/Repo trading desk within Santander CIB, managing financing and liquidity across European Government Bonds and other fixed income securities. You will work closely with Trading, Sales and risk teams in a fast-paced, integral market environment, building hands-on expertise in repo, collateral and relative-value dynamics. You are responsible for executing short-term repo transactions, monitoring market conditions, and supporting client financing needs.

This position offers a clear path to develop trading responsibilities as market knowledge grows, with a focus on impactful client service and efficient balance-sheet use.

Compensaciones / Beneficios hybrid working model competitive salary with performance bonuses

BeHealthy wellness program childcare support gym/WellHub membership meal subsidy

Responsabilidades Execute and manage short-term repo transactions across European Government Bonds (General Collateral and later Specials)

Provide market levels and pricing indications for Sales and internal stakeholders

Support Sales in client activity and respond to market/financing requests

Monitor repo rates, liquidity,



market conditions, and supply/demand dynamics

Contribute to client financing management and efficient use of balance sheet and collateral

Identify and analyse relative value and funding opportunities across securities and maturities

Monitor trading risks (market, liquidity, counterparty, settlement)

Collaborate with Trading, Sales, Risk, Middle Office and Operations to ensure efficient execution

Develop and improve analytical tools, data processes and trading workflows

Requisitos principales Previous experience or exposure to financial markets

Experience in Trading is valued but not required

Background in Sales, Risk, Middle Office, Treasury, Securities, Finance, Fixed Income or related functions

Experience in fast-paced financial environment with stakeholder interaction

Strong communication and interpersonal skills

Ability to make quick, sound decisions under pressure

Proactive attitude and intellectual curiosity

Good understanding of financial markets

Strong analytical and numerical skills

Advanced knowledge of Excel

📌 Repo Trader - Analyst (Madrid)
🏢 Grupo Santander
📍 Madrid