Associate - FX and Derivatives Middle Office

Santander is a global leader and innovator in the financial services industry and is evolving from a high-impact brand into a technology-driven organization. Our people are at the heart of this journey and 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.

If you are interested in exploring the possibilities We Want to Talk to You!

The Difference You Make:
The Associate, FX and Derivatives Middle Office supports a broad range of markets activities across assigned products and business areas, ensuring the accurate and efficient delivery of services to the Bank’s clients.

In addition to core operational responsibilities, this role actively contributes to the transformation of operations through data-driven insights and the adoption of automation and AI-based solutions.

The Associate plays a key role in maintaining strong relationships with internal stakeholders and, where applicable, external clients, contributing to a high standard of service delivery.

• Performs a variety of complex, non-routine operational tasks to support team objectives
• Investigates and resolves escalated issues, determining appropriate corrective actions
• Executes complex transactions and conducts detailed research to resolve discrepancies
• Supports onboarding and training of new employees on systems, processes, and procedures
• Operate in a fast-paced multicultural environment
• Contributes to continuous improvement by identifying opportunities to enhance workflows, policies, and operational processes
• Leverages data analysis, automation tools, and AI technologies to improve efficiency and reduce manual effort
• Participates in implementing process improvements and operational changes

What You Bring:

To perform this role successfully, the candidate must demonstrate the ability to execute core responsibilities effectively while bringing a mindset focused on innovation and continuous improvement. The qualifications below represent the required knowledge, skills, and experience.

• Bachelor’s degree in business, Finance, Economics, Engineering, Data Science, or a related field, or equivalent work experience – Required
• 2+ years of experience in financial services, or a data/analytics-focused role within banking – Required
• Experience with Capital Markets Middle Office and Operations processes
• Working knowledge of financial markets and commercial banking products
• Experience with Murex, MarkitWire, and other marketplace applications
• Strong analytical mindset with the ability to translate data into actionable insights
• Proficiency in Python for data analysis, automation, and workflow optimization
• Hands-on experience with OpenAI tools or similar AI/LLM technologies, with the ability to apply them to real business use cases
• Interest and experience in process automation, digitization, and operational efficiency initiatives
• Ability to review and interpret financial documentation
• Excellent communication skills, with the ability to explain complex concepts to non-technical stakeholders
• Strong organizational skills and attention to detail
• Proficiency in Microsoft Office Suite (Excel, PowerPoint, Word)
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment
• Demonstrated ability to adapt quickly and collaborate effectively within a team

Certifications:

• No Certifications listed for this job.

It Would Be Nice For You To Have:

• Experience with FX, Derivative, and Credit products and operational workflows
• Experience working with data visualization or analytics tools (e.g., Tableau, Power BI)
• Demonstrated ability to collaborate effectively in team-oriented environments
• Fluency in Spanish (written and spoken)
• Experience working in global or cross-border teams
• Willingness and ability to work within a global team, collaborating across different time zones and cultures

What Else You Need To Know:

The base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.

Base Pay Range:

Minimum:

We Value Your Impact:

Your contribution matters and it’s recognized.  You can expect a fair and competitive rewards package that reflects the impact you create and the value you deliver. We know rewards go beyond numbers.  Offering more than just a paycheck our benefits are designed to support you, your family and your well-being, now and into the future. Santander Benefits - 2026 Santander OnGoing/NH eGuide (foleon.com) 

Risk Culture:

We embrace a strong risk culture and all of our professionals at all levels are expected to take a proactive and responsible approach toward risk management.

EEO Statement:

At Santander, we value and respect differences in our workforce. We actively encourage everyone to apply. Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status or any other characteristic protected by law.

Working Conditions:

Frequent minimal physical effort such as sitting, standing and walking is required for this role. Depending on location, occasional moving and lifting light equipment and/or furniture may be required.

Employer Rights:

This job description does not list all of the job duties of the job. You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. This job description is not a contract for employment and either you or the employer may terminate your employment at any time for any reason.

What To Do Next:

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

We are committed to providing an inclusive and accessible application process for all candidates. If you require any assistance or accommodation due to a disability or any other reason, please contact us at TAOps@santander.us to discuss your needs.