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Operations Analyst

Santander 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 Back-Offices Globales Mayoristas (SBGM) is a public limited company wholly owned by Banco Santander and is part of the Santander Corporate & Investment Banking Division. SBGM was created with the aim of being a center of excellence in the management of operations that require a high degree of specialization. It is focused on the execution of specialized processes and corporate projects in Global Businesses: Markets, Financing, Transaction Banking, Wholesale Risks, General Intervention, etc.

SBGM is looking for an Operations Analyst based out of Ciudad Financiera (Boadilla del Monte) office.

The candidate will be responsible for performing post-trade controls of securities operations in the Bank's systems. The role involves daily contact with counterparties for trade confirmations, reconciliation of data between front-office and back-office systems, and oversight of securities positions.

These controls ensure the correct settlement and management of the Bank's portfolio, requiring strong knowledge of settlement markets and financial systems.

To succeed in this role, you will be responsible for:

• Control of the correct integration of trades into the systems.
• Analysis and resolution of reconciliations between Bank systems (Front-Back), including Murex–Portfolio Accounting System.
• Custodian reconciliations.
• Trade confirmations: interaction with counterparties, monitoring confirmations and breakdowns via CTM confirmation platform.
• Monitoring bilateral claims and applicable market penalties.
• Analysis of potential gaps and proposals for process/system improvements.
• Trade settlement in the market, requiring interaction with counterparties (client facing).

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.

Professional Experience:

• 2–5 years of experience in back-office operations within financial institutions.
• Familiarity with SWIFT messaging and financial market infrastructure.

Education:

• Post-secondary degree in related field of study (Business Administration or similar).

Languages:

• English proficiency (B1 or higher).

Hard Skills:

• Solid knowledge of securities settlement, clearing and custody. (preferred)
• Experience with equities, fixed income instruments and currency deadlines. (preferred)
• PC skills (MS Word, Excel, PowerPoint). (required)
• Knowledge of regulatory and risk requirements in the business. (preferred)
• Technological awareness for process reengineering. (preferred)

Soft Skills:

• Detail-oriented, ambitious and eager to learn. (required)
• Ability to work under pressure and meet tight deadlines. (preferred)
• Risk management orientation. (required)
• Analytical and problem-solving mindset with strong communication skills (verbal & written). (Required)
• Ability to work in a structured, high-volume, time-sensitive and high-risk environment .(preferred)

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.

• Enable our teams to go beyond through global opportunities and broad career paths.
• Enjoy a hybrid working model—some days remote, some days onsite with your team—along with flexible hours.
• Access hundreds of courses on our platforms, including exclusive access to our global learning space: Santander Open Academy.
• Receive a highly competitive salary with performance-based bonuses, motivating you to keep growing with us.
• Benefit from preferential banking terms, special interest rates on loans, life insurance, and more.
• Promote holistic wellbeing through our global wellness programme, BeHealthy.
• Offer childcare support and family-friendly programmes tailored to each life stage.
• Get access to Santander Contigo, our program for employees and their families offering legal, emotional, and administrative advisory services.
• 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.

We're here to keep you motivated, help you reach your goals, and celebrate your progress, every step of the way.

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.

If this sounds like a role you are interested in, then please apply.

Ready to take the next step in your journey?