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, general 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 interpe

📌 Repo Trader (Madrid)
🏢 Grupo Santander
📍 Madrid