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87,000+ live jobsEquity Derivatives Trader
On-site in Boadilla del Monte·Full-time·Added 8 days ago (last checked 2 Nov)
Our summary
- Work mode
- On-site, Boadilla del Monte
- Contract
- Full-time
- English
- Required
- Experience
- 4+ years
- Education
- University degree
- Benefits
- Life insurance, gym access






Visa options
The ad doesn’t mention sponsorship
Not a refusal, but not a yes. Worth asking in your first message.
Skills
Nice to have
Requirements
What we're looking for
Our people are our greatest strength. Every individual contributes unique perspectives that make us stronger as a team and as an organization. We're enabling teams to go beyond by valuing who they are and empowering what they bring.
The following requirements represent the knowledge, skills, and abilities essential for success in this role. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Minimum of 4 years' experience managing equity derivatives in a trading role within Global Markets. (Required)
- University degree in Finance, Economics, Mathematics, Engineering or another quantitative discipline. (Required)
- English (Required)
Hard Skills
- Strong understanding of equity derivatives, pricing and market risk management. (Required)
- Bloomberg and advanced Excel skills. (Required)
Nice to have
- Experience with Structured equity Products. (Preferred)
- Experience with e-Trading platforms and being familiar with price management and feedback analysis. (Preferred)
- Postgraduate qualification (e.g. MSc or CFA) is advantageous. (Preferred)
- Spanish (Preferred)
- Programming knowledge (Python, VBA or similar) and experience with trading analytics tools. (Preferred)
- Strong analytical and quantitative mindset.
- Excellent communication and collaboration skills.
- Ability to make sound decisions under pressure in a fast-paced trading environment.
- Proactive approach to problem solving and continuous improvement.
- High level of integrity and commitment to effective risk management.
Pay & benefits
What you'll get
Your contribution matters, and it's recognized. You can expect a fair, competitive reward package that reflects the impact you create and the value you deliver. But we know rewards go beyond numbers.
- We're enable our teams to go beyond through global opportunities and broad career paths.
- Learning for life. Access hundreds of courses on our platforms, including exclusive access to our global learning space: Santander Open Academy (www.santanderopenacademy.com)
- Competitive rewards. Receive a highly competitive salary with performance-based bonuses, motivating you to keep growing with us.
- Financial advantages. Benefit from preferential banking terms, special interest rates on loans, life insurance, and more.
- Your health is our priority. Through BeHealthy, our global wellness programme, we promote Holistic wellbeing.
- We know family is everything. That's why we offer childcare support and family-friendly programmes tailored to each life stage.
- Always by your side. Get access to Santander Contigo, our program for employees and their families offering legal, emotional, and administrative advisory services.
- Extra benefits. Gym/WellHub membership, medical centers in some of our facilities, meal subsidy, parking, shuttle service from various points in Madrid, as well as exclusive discounts and offers for Santander employees. And that's only the beginning-we'll tell you more when you join!
We're here to keep you motivated, help you reach your goals, and celebrate your progress, every step of the way.
The role
Equity Derivatives TraderCountry: Spain
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 global 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.
Santander Corporate & Investment Banking (Santander CIB) is looking for a Equity Derivatives Trader based out of Boadilla del Monte, Madrid, Spain.
As a Equity Derivatives Trader, you will play a key role within our Global Markets business, managing the market risk of the Equity Derivatives trading desk while delivering pricing and execution across a range of equity derivative products for institutional and corporate clients. This is a global role, working closely with colleagues across our international trading platform to provide best-in-class client solutions while maintaining robust risk management standards.
We're shaping the way we work through innovation, cutting-edge technology, collaboration and the freedom to explore new ideas. To succeed in this role, you will be responsible for:
What you'll do
- Managing the market risk of the Equity Derivatives trading book in line with the desk's risk appetite and limits.
- Pricing and executing Equity Derivatives transactions for clients.
- Working closely with Sales, Structuring, Risk, Quants and other Global Markets teams to deliver tailored client solutions.
- Collaborating with trading teams across our global platform to ensure consistent pricing, risk management and client coverage.
- Monitoring market developments, identifying trading opportunities and implementing effective hedging strategies.
- Contributing to the continued development of the Equity Derivatives franchise through product expertise, innovation and process improvements.
- Maintaining the highest standards of governance, control and risk management while supporting the growth of the business.
Hiring process
Application
CV screening · With recruitment team
Phone call
With People & Culture team · Phone call · 20 min
A short call about your motivation and the details of the role.
Interviews
Virtual or in-person conversations about your experience, expectations and the value you could bring.
Background check
Offer
- Santander suggests exploring the company on its website and LinkedIn before applying.
- The Spanish version of the page lists the same eight steps.
Hiring process
If this sounds like a role you are interested in, then please apply.
About Santander
Banco Santander is a global financial services group headquartered in Boadilla del Monte, Spain, and one of the largest banks in the eurozone by market value. It operates across retail and commercial banking, wealth management, and investment banking (through its CIB division, Santander Corporate & Investment Banking), with a strong focus on digital transformation and fintech innovation. The group serves over 160 million customers worldwide and employs more than 200,000 people, with a significant technology and operations hub in Spain.
In Spain, Santander is a dominant financial institution and a major employer of tech, data, and business talent, with its main technology and operations center in Boadilla del Monte (Madrid area) and additional offices in cities like Barcelona and Santander. The company is actively investing in AI, cybersecurity, and digital product development, making it a relevant destination for international professionals seeking roles in banking, engineering, and data. Its global scale and English-friendly corporate environment, especially in CIB and technology teams, offer strong opportunities for relocators.
- Industry
- Banking and Fintech
- Founded
- 1857
- Employees
- 100,000–500,000
- Headquarters
- Boadilla del Monte, Spain
- In Spain
- Boadilla del Monte, Madrid, Barcelona
Good to know if you are moving
- Santander is headquartered in Boadilla del Monte, near Madrid, and offers a large, international work environment with English commonly used in tech and CIB roles.
- The company has a strong commitment to digital transformation, with significant investment in AI, cybersecurity, and data engineering, creating opportunities for tech professionals.
- Santander provides relocation support and has a diverse workforce, with employees from many nationalities, especially in its technology and operations centers.
- The bank's global presence means opportunities for international mobility and career growth across its many subsidiaries.
- Working at Santander in Spain offers a competitive salary and benefits package, including flexible working arrangements and professional development programs.
In their own words
Additional information
Santander is proud of being an organization where there are equal opportunities regardless of age, gender, disability, civil status, race, religion or sexual orientation. We are committed to providing an inclusive and accessible application process for all candidates.
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