GTB & Structured Finance Middle Office Analyst

Description

GTB \& Structured Finance Middle Office Analyst Country: Spain **NOW IS THE TIME** Santander ( www.santander.com ) is evolving from being a **high-impact global brand** to a **technology-driven organization**, with people at the heart of this journey. Together, we are leading a **customer-centric transformation** that values **disruptive thinking**, the courage to challenge what is possible, and the ability to **innovate**. This is more than a strategic shift: **it is an opportunity to grow, learn, and make a real impact**. Our mission is to help more **people and businesses thrive**. We embrace a strong risk culture and expect all our teams to adopt a proactive and responsible approach to risk management. **Santander Corporate \& Investment Banking (Santander CIB)** is the global division supporting some of the world’s most complex and sophisticated corporate and institutional clients, delivering customized services and value-added wholesale products. **THE IMPACT YOU WILL MAKE** **Santander CIB is seeking an Associate for the SCIB Secondary Trading Middle Office team, based in Madrid.** The role sits within the SCIB Loan Execution Middle Office. The Secondary Trading Middle Office team supports secondary loan buying/selling activities in Leveraged Finance within Santander Corporate \& Investment Banking, acting as the liaison between Front Office and Back Office across the transaction lifecycle. The team supports buy/sell transactions from deal and facility onboarding through to trade booking, document review, execution in ClearPar, booking in Loan IQ, settlement tracking, and post-trade portfolio maintenance. Secondary Trading Middle Office sits at the center of the execution process, working closely with Trading Desk / Front Office, Sales, Risk, KYC, Tax, Legal, Proposal Team, Back Office, Fund Managers, Agent Banks, and counterparties to ensure transactions are processed efficiently, accurately, and in compliance with internal requirements. The role offers direct exposure to the Leveraged Finance secondary loan market and enables deep understanding of the operational, documentation, and settlement lifecycle of transactions, including servicing events and TRS-related cash flows. The team promotes a robust digital culture with an “AI-first” mindset, integrating generative artificial intelligence and advanced digital tools into daily workflows to enhance productivity, execution quality, and decision-making. The role offers the opportunity to work in Madrid, within a key SCIB hub and with close interaction with global teams. We are redefining how we work through innovation, cutting-edge technology, collaboration, and continuous process improvement. In this role, your key responsibilities will include: * Supporting end-to-end execution of Secondary Trading transactions, including onboarding, document review, trade confirmation, and coordination with relevant stakeholders. * Acting as the central point of contact between Front Office, Back Office, Risk, KYC, Legal, Tax, Sales, Fund Managers, Agent Banks, and external counterparties. * Ensuring transactions are accurately and timely recorded, documented, and reflected in internal systems and tools. * Monitoring transaction progress and proactively resolving incidents, dependencies, and documentary bottlenecks to prevent settlement delays. * Reviewing Trade Confirmations, Transfer Documents, and Pricing Letters, ensuring alignment with approved terms, LMA standards, and internal requirements prior to execution. * Managing multiple concurrent transactions and lifecycle events, including amendments, refinancings, repricings, prepayments, rollovers, spread changes, and TRS economic events. **WHAT YOU WILL BRING TO THE TEAM** Our people are our greatest strength. Each individual contributes unique perspectives that make us stronger as a team and as an organization. We value who you are and empower what you bring. The following requirements represent the essential knowledge, skills, and competencies for this role. **Professional Experience** * 2–4 years of relevant banking experience, ideally in Middle Office, Loan Trading, Leveraged Finance, or Corporate \& Investment Banking transaction execution environments. (Mandatory) * Experience collaborating with multiple internal and external stakeholders in complex financial environments with tight deadlines. (Mandatory) * Experience or exposure to operational controls, regulatory requirements, audit, and risk management in banking environments. (Desirable) **Education** * University degree in Business Administration, Economics, Finance, Engineering, Mathematics, Data Science, or related disciplines. (Desirable) * Additional training or specialization in financial markets, Leveraged Finance, syndicated loans, or risk management. (Desirable) **Languages** * Fluent English, both written and spoken. (Mandatory) * Knowledge of additional languages. (Desirable) **Technical Skills** (Hard skills) * Digital mindset, using artificial intelligence and digital tools as part of daily work to improve productivity, analysis, and execution quality. (Mandatory) * Control-oriented mindset and ability to identify operational dependencies, process gaps, system incidents, and control weaknesses from a front-to-back perspective. (Mandatory) * Knowledge of the Secondary Loan Trading lifecycle: onboarding, trade recaps, documentary execution, settlement tracking, and portfolio servicing. (Desirable) * Knowledge of Leveraged Finance loans and LMA terms, including accrued interest, delayed compensation, amendments/refinancings, repricing, prepayments, rollovers, and spread changes. (Desirable) * Experience with or familiarity with Loan IQ, ClearPar, Excel, and data identifiers such as J\-Code, GLC, LX, LEI, MEI, and SSI. (Desirable) * Ability to work under pressure, manage multiple simultaneous transactions, and handle large volumes of information with high accuracy and attention to detail. (Mandatory) * Ability to identify opportunities for continuous improvement, automation, and process optimization. (Desirable) **Interpersonal Skills** (Soft skills) * Excellent oral and written communication skills, with strong interpersonal abilities. (Mandatory) * Coordination, influence, and negotiation skills to reach agreements across different areas and stakeholders. (Mandatory) * Analytical and problem-solving skills, systematically gathering information to identify root causes, dependencies, and solutions. (Mandatory) * Proactivity, autonomy, and initiative—adapting approach to circumstances and driving solutions and improvements. (Mandatory) * Ability to collaborate effectively in teams as well as work independently. (Mandatory) * Detail orientation, resilience, effective time management, and ability to prioritize in dynamic and demanding environments. (Mandatory) * Determination to deliver results, make things happen, and continuously seek improvement opportunities. (Mandatory) **WE VALUE YOUR IMPACT** Your contribution matters—and we recognize it. At Santander, you can expect a fair and competitive compensation package reflecting your impact and the value you deliver. Take a moment to understand what we mean: * **Limitless Growth.** We empower our teams **with global opportunities and broad career paths**, enabling them to go further. * Flexibility that works. Enjoy a **hybrid work model**—some days remote, others in the office with your team—plus flexible hours. * **Continuous Learning.** Access hundreds of courses on our platforms, including exclusive access to our global learning space: **Santander Open Academy (** www.santanderopenacademy.com) * **Competitive Rewards.** Receive a **highly competitive salary plus a performance-based bonus**, motivating you to keep growing with us. * **Financial Benefits.** Access preferential banking conditions, special loan interest rates, life insurance, and much more. * **Your Health Is Our Priority.** Through **BeHealthy**, our global wellbeing program, we **promote holistic wellbeing**: physical, emotional, social, and financial. * **Family Comes First.** We know your family means everything. That’s why we offer childcare support and family programs tailored to every life stage. * **Always By Your Side.** Access **Santander Contigo**, our employee and family support program offering legal advice, emotional support, and administrative assistance. * **Extra Benefits.** Gym/WellHub access, on-site medical centers at several locations, meal subsidies, parking, shuttle service across various points in Madrid, plus exclusive discounts and offers for Santander employees. And this is just the beginning… we’ll tell you much more when you join! We’re here to **keep you motivated**, help you **achieve your goals**, and **celebrate your achievements** at every step of the way. **LOCAL COMPLIANCE** Santander is proud to be an equal opportunity employer regardless of age, gender, disability, marital status, race, religion, or sexual orientation. We are committed to providing a fair recruitment process.