Analyst, Fixed Income Middle Office (Pre & Post Trade Support)

Analyst, Fixed Income Middle Office (Pre & Post Trade Support)

Country: United States of America

It Starts With You:

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 Fixed Income Middle Office Analyst is responsible for providing front-to-back operational support to Santander CIB's Fixed Income business. The role serves as a key control function between Trading, Sales, Operations, Finance, Compliance, and Technology, helping to ensure accurate trade execution, timely settlement, effective risk mitigation, and exceptional client service.

The successful candidate will support both pre-trade and post-trade processes while actively contributing to operational excellence initiatives, process improvements, and regulatory compliance efforts across the Fixed Income product suite.

Trade Support & Lifecycle Management

• Provide day-to-day support to Fixed Income Trading and Sales desks across multiple products and client segments.

• Perform trade validation, allocation, matching, and post-execution trade processing.

• Investigate and resolve trade breaks, discrepancies, and settlement exceptions in a timely manner.

• Monitor trade lifecycle events to ensure accurate processing through settlement.

Reconciliation & Control Functions

• Conduct daily reconciliations across trading, settlement, and accounting platforms.

• Identify, escalate, and resolve discrepancies related to trades, allocations, positions, and client reporting.

• Monitor and manage settlement fails while partnering with internal and external stakeholders to drive timely resolution.

• Support control processes designed to ensure data integrity and operational accuracy.

Client & Counterparty Support

• Respond to client inquiries related to trade activity, reconciliations, and cash differences.

• Assist in the investigation and resolution of client-facing operational issues.

• Maintain strong working relationships with clients, counterparties, custodians, and service providers.

Static Data & Onboarding Support

• Coordinate the setup and maintenance of client accounts, counterparties, settlement instructions, and trading relationships.

• Ensure account and settlement data is accurately maintained across relevant platforms.

• Support onboarding initiatives for new clients, products, and business activities.

Stakeholder Management & Governance

• Partner closely with Trading, Sales, Operations, Compliance, Finance, and Technology teams.

• Coordinate with local and global operations teams to facilitate successful trade settlement and issue resolution.

• Escalate material operational risks and exceptions in accordance with established governance procedures.

• Contribute to a strong risk and control culture across the organization.

Projects & Process Improvement

• Participate in strategic initiatives, system implementations, and operational enhancement projects.

• Identify opportunities to streamline workflows and improve efficiency through automation and process optimization.

• Support testing, implementation, and documentation of technology and process changes.

Reporting & Management Information

• Produce and distribute daily Profit & Loss (P&L) and management reporting.

• Prepare operational metrics and management information to support decision-making and oversight.

What You Bring: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education:

• Bachelor's degree in Finance, Economics, Mathematics, Business Administration, Accounting, or a related discipline.

Qualifications:

• 1-3 years of experience within Fixed Income Operations, Middle Office, Trade Support, or Capital Markets Operations.

• Experience supporting fixed income products and trade lifecycle management preferred.

• Knowledge of trade settlement, reconciliation processes, trade support, fail management, and client servicing is highly desirable.

• Advanced proficiency in Microsoft Excel, including data analysis and reconciliation functions.

• Experience with Bloomberg, TOMS, Broadridge Impact, or similar trading and operations platforms preferred.

• Familiarity with Fixed Income market structure, settlement processes, and operational controls.

• Strong analytical and problem-solving skills with exceptional attention to detail.

• Ability to manage multiple priorities in a fast-paced, deadline-driven environment.

• Proactive, self-motivated, and capable of working independently.

• Strong organizational and time-management skills.

• Effective verbal and written communication skills.

• Collaborative team player with a positive and professional attitude.

• Continuous improvement mindset with a focus on process efficiency and automation.

Certifications:

• FINRA Series 7 and/or Series 99 licenses preferred.

It Would Be Nice For You To Have:

• Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.

Work Authorization & Sponsorship: Applicants must be legally authorized to work in the United States on a full-time basis without requiring employer sponsorship to commence employment.

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: $52,500.00 USD Maximum: $90,000.00 USD

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.