Middle Office Business Support – Global Markets | S2 | SCIB

Sorry, this job was removed at 07:50 a.m. (UTC) on Sunday, Mar 09, 2025
Be an Early Applicant
London, Greater London, England, GBR
In-Office
Financial Services
The Role

Middle Office Business Support – Global Markets | S2 | SCIB

Country: United Kingdom

Interested in part-time, job-share or flexible working? We want to talk to you!

Join our community.

Santander Corporate & Investment Banking (SCIB) is Santander's global division that supports some of the world's most complex and sophisticated corporate and institutional clients, offering customized services and value-added wholesale products to best meet their needs.
 

In this exciting opportunity, you’ll be part of a team providing support to all SCIB markets business areas. You’ll provide Traders with first class support and interact with many different functions including Risk, Compliance, Back office and global colleagues based in Madrid and New York.

You’ll be integral in helping ensure that the control environment and related processes are robust and commensurate with the business requirements.

The difference you’ll make:

  • Validating trades in Front Office systems across an array of asset classes including Interest Rates, Fixed Income and FX

  • Performing trade lifecycle management including Expiries, Exercises, Terminations, Unwinds and Drawdowns

  • Building and maintaining excellent relationships with the Front Office and ensuring smooth and efficient business support

  • Collaborating between Front Office and support teams in London, Madrid and New York

  • Creating and improving processes to better support the business in a controlled manner

  • Providing expert opinion on bookings to ensure risk, P&L and regulatory requirements are met

What you’ll bring:

These are the essential requirements you need to be successful in this role:

  • In-depth understanding of derivative products including Interest Rate Swaps, Cross Currency Swaps, Swaptions and Futures

  • Demonstrable experience with reconciliations

  • Excellent interpersonal and communication skills

  • Well-developed analysis and problem solving capability

It would also be nice for you to have:

  • Experience in the booking of derivative transactions in risk management or settlement systems

  • Excellent Excel skills

  • An understanding of Banking Regulation including MiFID, EMIR and exposure to auditors

  • Good knowledge of Murex and Markitwire

What else you need to know:

This role is based at our offices in Triton Square, London located within easy walking distance from Warren Street and Euston.

We want our people to thrive at work and home, and also be able to deliver the best outcomes for our customers and to help each other develop. To support this, we offer site-based contracts with a hybrid working pattern and our expected level of attendance in an office is at least 3 days a week (pro-rata for part-time roles).

If you apply for this role in this location, it’s important you consider your travelling distance, time and cost from your home to the office location. We’re happy to discuss specific working patterns and arrangement within this hybrid approach during the recruitment process.

If you’re interested in this role but with part time hours or a job-share we would still love to hear from you and discuss these.

Inclusion

At Santander we’re creating a thriving workplace where all colleagues feel they belong and are supported to succeed.  We all help to make Santander a workplace that celebrates diversity and attracts, retains and develops the most talented and committed people through living our values of Simple, Personal, and Fair.
How we’ll reward you.

As well as a salary, we offer a wide range of benefits that you can choose from and tailor to your needs. 

  • Eligible for a discretionary performance-related annual bonus.

  • We put 8% of salary into your pension, even if you don’t contribute yourself. We’ll pay in up to 12.5% of salary, if you contribute as well, and you can take some of our contribution in cash if you prefer.

  • 27 days’ holiday plus bank holidays, which increases to 28 days after 5yrs service, with the option to purchase up to 5 contractual days per year.

  • Free access to a range of digital health services, including GP.

  • Protection for you and your family, with company-funded death-in-service benefit and income protection insurance, and the option to take advantage of discounted rates for additional life assurance and critical illness cover.

  • 24/7 access to an online employee discount platform including retailers, entertainment, eating out, travel and more. 

  • Company funded individual private medical insurance.

  • Voluntary healthcare benefits at discounted rates such as, dental insurance, and health assessments.

  • Share in Santander’s success by saving or investing in our share plans.

  • Support your favourite causes through charitable giving and our community partnerships.

  • As a Santander UK employee, you are able to request staff versions of our products like our Edge Current Accounts and Credit Cards with no fees, as well as apply to many other deals and discounts in Santander products and services.

Learn more about our benefits and family friendly policies

What to do next:-

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

If there’s anything we can do in the recruitment process to help you achieve your best, get in touch. Whether it’s a copy of our application form in another format or additional assistance, we’re available through telephone, email, or face to face. You can contact us at [email protected] or call 0870 414 9080.

Santander Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Santander and has not been reviewed or approved by Santander.

  • Retirement Support A dollar‑for‑dollar 401(k) match up to 6% of eligible pay and immediate vesting are highlighted as core strengths, supporting long‑term savings. This is reinforced by company‑paid disability and life/AD&D coverage that bolster financial security.
  • Leave & Time Off Breadth Paid time off typically ranges from 18–30 days in the U.S. with 11 paid holidays, plus dedicated volunteer and development time; the UK features a minimum of 25 days with buy/sell options. Some roles also use self‑managed PTO, offering additional flexibility depending on team norms.
  • Parental & Family Support U.S. parental benefits include 8 weeks paid for all parents and a total of 16 weeks paid for birth mothers, with flexibility for reduced hours around childbirth. Caregiver leave and dependent‑care programs add further family support.

Santander Insights

Similar Jobs

Boeing Logo Boeing

Product Lifecycle Management Specialist

Aerospace • Information Technology • Software • Cybersecurity • Design • Defense • Manufacturing
Hybrid
Bristol, England, GBR
170000 Employees

BlackRock Logo BlackRock

FX Hedging Oversight - Associate

Fintech • Information Technology • Financial Services
In-Office
London, Greater London, England, GBR
25000 Employees

Airwallex Logo Airwallex

Product Lead, Agentic Payments Platform

Artificial Intelligence • Fintech • Payments • Business Intelligence • Financial Services • Generative AI
In-Office
2 Locations
2300 Employees

Airwallex Logo Airwallex

Consultant

Artificial Intelligence • Fintech • Payments • Business Intelligence • Financial Services • Generative AI
In-Office
London, England, GBR
2300 Employees
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Boston, MA
136,172 Employees

What We Do

Banco Santander (SAN SM, STD US, BNC LN) is a leading commercial bank, founded in 1857 and headquartered in Spain and one of the largest banks in the world by market capitalization. The group’s activities are consolidated into five global businesses: Retail & Commercial Banking, Digital Consumer Bank, Corporate & Investment Banking (CIB), Wealth Management & Insurance and Payments (PagoNxt and Cards). This operating model allows the bank to better leverage its unique combination of global scale and local leadership. Santander aims to be the best open financial services platform providing services to individuals, SMEs, corporates, financial institutions and governments. The bank’s purpose is to help people and businesses prosper in a simple, personal and fair way. Santander is building a more responsible bank and has made a number of commitments to support this objective, including raising €220 billion in green financing between 2019 and 2030. In the first quarter of 2024, Banco Santander had €1.3 trillion in total funds, 166 million customers, 8,400 branches and 211,000 employees.

Similar Companies Hiring

Granted Thumbnail
Mobile • Insurance • Healthtech • Financial Services • Artificial Intelligence
New York, New York
23 Employees
Hanover Park Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
42 Employees
Onshore Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
60 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account