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Santander
Santander

GTB & Structured Finance Middle Office Analyst

Spain·Competitive·Hybrid·Mid · 2-4 years·English: Required

Added 2 days ago

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Languages

• Fluent English, both oral and written. (Required)

• Knowledge of additional languages. (Desirable)

Technical skills (Hard skills)

• Digital mindset, using artificial intelligence and digital tools as part of daily work to improve productivity, analysis, and quality of execution. (Required)

• Control-oriented mindset with the ability to identify operational dependencies, process gaps, system issues, and control weaknesses from a front-to-back perspective. (Required)

• Knowledge of the Secondary Loan Trading lifecycle: onboarding, trade recaps, documentary execution, settlement monitoring, and portfolio servicing. (Desirable)

• Knowledge of Leveraged Finance and LMA terms, including accrued interest, delayed compensation, amendments/refinancings, repricings, prepayments, rollovers, and spread changes. (Desirable)

• Experience or familiarity with Loan IQ, ClearPar, Excel, and data tools such as J-Code, GLC, LX, LEI, MEI, and SSI. (Desirable)

• Ability to work under pressure, manage multiple transactions simultaneously, and handle large volumes of information with a high level of accuracy and attention to detail. (Required)

• Ability to identify opportunities for continuous improvement, automation, and process optimization. (Desirable)

Interpersonal skills (Soft skills)

• Excellent oral and written communication skills, with strong interpersonal abilities. (Required)

• Coordination, influencing, and negotiation skills to reach agreements across different areas and stakeholders. (Required)

• Analytical and problem-solving skills, with the ability to systematically gather information to identify root causes, dependencies, and solutions. (Required)

• Proactivity, autonomy, and initiative, with the ability to adapt approaches to circumstances and drive solutions and improvements. (Required)

• Ability to work collaboratively in a team and independently. (Required)

• Attention to detail, resilience, effective time management, and the ability to prioritize in dynamic and demanding environments. (Required)

• Determination to achieve results, make things happen, and continuously seek improvement opportunities. (Required)

About the company & team

Our people are our greatest strength. Each person contributes unique perspectives that make us stronger as a team and as an organization. We value who they are and empower what they bring.

The following requirements represent the knowledge, skills, and competencies essential for this role.

Job description

GTB & Structured Finance Middle Office Analyst Country: Spain

IT'S TIME

Santander (www.santander.com) is evolving from being a high-impact global brand into a technology-driven organization, with people at the center of this journey. Together, we are leading a customer-centric transformation that values disruptive thinking, the courage to challenge what's possible, and the ability to innovate.

This is more than a strategic shift: it's an opportunity to grow, learn, and make a real impact.

Our mission is to help more people and businesses prosper. We embrace a strong risk culture and expect all our teams to take a proactive and responsible approach to risk management.

Santander Corporate & Investment Banking (Santander CIB) is the global division that provides support to the world's most complex and sophisticated corporate and institutional clients, offering personalized services and high-value wholesale products.

THE IMPACT YOU WILL MAKE

Santander CIB is looking for an Associate to join the SCIB Secondary Trading Middle Office team, based in Madrid.

The position is within the SCIB Loan Execution Middle Office. The Secondary Trading Middle Office team provides support to the secondary loan trading activity within Leveraged Finance at Santander Corporate & Investment Banking, acting as the link between Front Office and Back Office throughout the entire transaction lifecycle.

The team supports purchase and sale transactions from deal onboarding and facility setup to trade booking, document review, execution in ClearPar, booking in Loan IQ, settlement monitoring, and ongoing portfolio maintenance.

Secondary Trading Middle Office sits at the center of the execution process, working closely with Trading Desk / Front Office, Sales, Risk, KYC, Tax, Legal, Proposal Team, Back Office, Fund Managers, Agent Banks, and counterparties to ensure transactions are processed efficiently, accurately, and in compliance with internal requirements.

The role offers direct exposure to the secondary leveraged loan market and enables the development of in-depth knowledge of the operational, documentary, and settlement lifecycle of transactions, including servicing events and flows related to TRS.

The team promotes a strong digital culture with an "AI-first" mindset, integrating generative artificial intelligence and advanced digital tools into daily workflows to enhance productivity, quality of execution, and decision-making.

The role offers the opportunity to work in Madrid, within a key hub of SCIB, with close interaction with global teams.

We are redefining the way we work through innovation, cutting-edge technology, collaboration, and continuous process improvement.

In this role, your main responsibilities will include:

• Provide end-to-end operational support for Secondary Trading transactions, including onboarding, document review, trade confirmation, and coordination with relevant stakeholders.

• Act as the central point of contact between Front Office, Back Office, Risk, KYC, Legal, Tax, Sales, Fund Managers, Agent Banks, and external counterparties.

• Ensure transactions are accurately and timely registered, documented, and reflected in internal systems and tools.

• Monitor transaction progress and proactively resolve issues, dependencies, and documentary bottlenecks to avoid settlement delays.

• Review Trade Confirmations, Transfer Documents, and Pricing Letters, ensuring alignment with approved terms, LMA standards, and internal requirements prior to execution.

• Manage multiple transactions and lifecycle events simultaneously, including amendments, refinancings, repricings, prepayments, rollovers, spread changes, and TRS economic events.

Professional experience

• Between 2 and 4 years of relevant experience, ideally in Middle Office, Loan Trading, Leveraged Finance, or transaction execution environments within Corporate & Investment Banking. (Required)

• Experience working with multiple internal and external stakeholders in complex financial environments with tight deadlines. (Required)

• Experience or exposure to operational controls, regulatory requirements, auditing, and risk management in banking environments. (Desirable)

Education

• University degree in Business Administration, Economics, Finance, Engineering, Mathematics, Data Science, or related disciplines. (Desirable)

• Additional training or specialization in financial markets, Leveraged Finance, syndicated loans, or risk management. (Desirable)

WHAT WE VALUE YOUR IMPACT

Your contribution matters, and we recognize it. At Santander, you can expect a fair and competitive compensation package that reflects your impact and the value you bring. Take a moment to understand what we mean:

  • Boundless growth. We empower our teams with global opportunities and extensive career paths so they can go further.

  • Flexibility that works. Enjoy a hybrid working model—some days remote and others in the office with your team—plus flexible working hours.

  • Continuous learning. Access hundreds of courses on our platforms, including exclusive access to our global training hub: Santander Open Academy (www.santanderopenacademy.com)

  • Competitive rewards. Receive a highly competitive salary plus a bonus based on your achievements, to keep you motivated to grow with us.

  • Financial benefits. Access preferential banking conditions, special interest rates on loans, life insurance, and much more.

  • Your health is our priority. Through BeHealthy, our global wellness program, we promote holistic well-being: physical, emotional, social, and financial.

  • Family comes first. We know your family means everything. That's why we offer childcare support and family programs designed for every stage of life.

  • Always by your side. Access Santander Contigo, our program for employees and their families offering legal advice services, emotional support, and administrative assistance.

  • Extra benefits. Gym/WellHub, medical center at several of our facilities, meal allowance, parking, shuttle service at various points in Madrid, plus exclusive discounts and offers for Santander employees. And this is just the beginning... we'll tell you much more when you join!

We are here to keep you motivated, help you achieve your goals, and celebrate your achievements at every step of the way.

LOCAL COMPLIANCE

Santander is proud to be an organization that offers equal opportunities regardless of age, gender, disability, marital status, race, religion, or sexual orientation. We are committed to providing an inclusive and accessible recruitment process for all individuals.

WHAT HAPPENS NOW?

If everything you've just read fits you, apply and join our team.

This job was automatically translated to English, .

About the company

Santander

Santander

Banking and Fintech

View company profile
Spanish company
210000 employees

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