Associate, Trading

Banco Santander•Boston, MA

1d•$67,500 - $120,000

About The Position

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, Trading supports the trading desk with execution, pricing, and risk monitoring across equities, options, mutual funds, fixed income, FX, alternatives and structured products markets. This role is ideal for someone with strong analytical capabilities, attention to detail, and an interest in global capital markets. You will work closely with senior traders, sales teams, operations, and compliance to ensure efficient trade flow and adherence to regulatory standards.

Requirements

Bachelor's Degree or equivalent work experience: Finance, Economics, Mathematics, Accounting, Business Administration, Engineering, or equivalent field. - Required.
3+ Years trading, operations, sales, supervision, compliance, audit, or regulatory experience. - Required.
Strong analytical background with the ability to analyze and summarize findings in a concise and clear format.
Detailed oriented and possess high ethical standards.
Knowledge of equities, options, mutual funds, fixed income, FX, alternatives and structured notes trading and investment, and/or experience working in the front desk, operations, sales, risk, regulatory, legal or audit fields.
Ability to operate independently within guidelines, policies, directives and established precedence.
Strong technical skills, particularly with respect to Microsoft Excel.
Genuine interest in and understanding of financial markets.
Familiarity with a broad range of asset classes, including derivatives.
Intellectual curiosity and problem-solving skills.
Strong communication skills and the ability to interact confidently with others.
Ability to work independently with minimal supervision, while also maintaining appropriate levels of collaboration and cooperation with other team members.
Sensitivity and tact must be especially evident in the performance of compliance monitoring and surveillance functions.
Solid understanding of applicable Federal and State laws applicable to SEC registered broker-dealers, futures commission merchants, and swap dealers.
Strong analytical and investigative skills and demonstrated ability to operate at a strategic level.
Sound judgment in identifying risks to proactively escalate with relevant senior management.
Excellent written (drafting & editing) and spoken communication abilities.
Excellent teamwork, interpersonal and conflict resolution skills.
Series 7 – General Securities Representative License – Required.

Nice To Haves

Series 63 or Series 66 – State registration requirements – Preferred.

Responsibilities

Assist financial advisors with trade execution in equities, options, mutual funds, fixed income, FX, alternatives and structured products.
Review all trades that are flagged for pre-review prior to releasing trades to the market.
Work with sales and operations teams to support client orders and resolve trade breaks or settlement issues.
Prepare and review the daily trade blotters to ensure accuracy of trade input.
Ensure that all processing queues are cleared in a timely manner.
Identify trading activity that does not meet firm regulatory and/or firm standards.
Conduct daily, weekly, and monthly reviews accurately and timely to ensure accordance to the firm’s guidelines, all applicable external and internal regulation, and policies and procedures.
Provide information, as requested, to Legal/Compliance for the firm to respond to requests from various internal and external auditors and regulators
Partner with Product to assist with new product launches.
Keep up to date in all approved product offerings and industry trends.
Identify inefficiencies throughout all trade processes and work with internal departments and outside vendors to improve overall processes within product workflows.
Work closely with Supervisory Directors/Market Directors and communicate any concerns including frequent items that cause NIGOs, Financial Advisors who are having difficulties and/or business practices that are not in line with firm standards.
Develop knowledge of financial markets and asset management and financial regulations to build a deep understanding of trading and trading risks
Provide backup coverage and cross-train others.
Maintain key reporting and business metrics.