CIB Associate - FX and Derivatives Middle Office

Banco Santander SA; Miami, Northern (FL, KY); Hybrid; USD 105,000 - 140,000; Full time

Job summary

Banco Santander SA's CIB Associate in FX and Derivatives Middle Office role focuses on supporting markets activities, delivering accurate services, and driving efficiency through data-driven insights and automation. The position emphasizes collaboration across internal stakeholders in a fast-paced, multicultural environment.

Candidates should have a finance or data background, 2+ years in financial services, and strong Python skills.

Qualifications

• Bachelor’s degree in business, Finance, Economics, Engineering, Data Science, or related field; required.
• 2+ years of experience in financial services or data/analytics role in banking; required.
• Experience with Capital Markets Middle Office and Operations processes.
• Proficiency in Python for data analysis, automation, and workflow optimization.

Responsibilities

• Supports a broad range of markets activities across FX and Derivatives Middle Office, ensuring accurate delivery of services to clients.
• Leverages data analysis, automation tools, and AI technologies to improve efficiency and reduce manual effort.
• Performs complex, non-routine operational tasks and resolves escalated issues.
• Onboards and trains new employees on systems, processes, and procedures.

Skills

Python

Data analysis

Automation

AI/LLM

Communication

Education

Bachelor’s degree in business/finance/economics/engineering/data science

Tools

Murex

MarkitWire

Excel

PowerPoint

Job description

CIB Associate - FX and Derivatives Middle Office

Country: Vereinigte Staaten

It Starts Here: 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

The Difference You Make

• The Corporate Investment Banking 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.
• 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.

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: $105,000.00 USD Maximum: $140,000.00 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.

The Santander Effect

Mit unserer Arbeit beeinflussen wir jeden Tag das Leben von 140 Millionen Menschen weltweit. Wie? Indem wir Innovationen vorantreiben, unsere Erfahrungen teilen, Arbeitsweisen hinterfragen und uns neuen Herausforderungen stellen. Wir bei Santander sehen uns nicht nur als Bank, sondern in erster Linie als Unterstützer. Für die ganz individuellen Pläne jedes Einzelnen und für die Welt, in der wir morgen leben. Als Teil der nachhaltigsten Bank Europas setzen wir uns für Vielfalt ein. Wir übernehmen Verantwortung - sozial, wirtschaftlich und ökologisch. Dafür gibt unser Team jeden Tag alles. In einem veränderungsbereiten, fairen Umfeld fördern wir das Miteinander und fordern uns gegenseitig heraus. Denn gemeinsam können wir selbst mit kleinen Dingen eine große Wirkung erzielen. Das ist der „Santander Effect“ - gemeinsam erreichen wir Großes.