Equity Middle Office Associate

About the role

The Equity Middle Office Associate supports Santander Corporate & Investment Banking's U.S. Equity business by managing the post-trade lifecycle and partnering with various departments to ensure timely settlement, strong operational controls, and exceptional client service.

Responsibilities

• Support the end-to-end post-trade lifecycle for U.S. Equity products.
• Maintain trade flow, investigate operational exceptions, and resolve settlement issues.
• Coordinate with Trading, Sales, Operations, Technology, Risk, Compliance, custodians, and counterparties to minimize settlement risk.
• Prepare T+1 settlement readiness through proactive exception management and operational controls.
• Create operational reporting, KPI dashboards, and management metrics.
• Participate in audit, regulatory, business continuity, and strategic initiatives.
• Identify opportunities to improve Straight-Through Processing (STP) and reduce manual intervention.
• Leverage AI, automation, Microsoft Copilot, ChatGPT, SQL, Power BI, Python, Power Automate, or similar tools to streamline workflows.
• Engage in technology initiatives, user acceptance testing, and process improvement projects.

Qualifications

• Bachelor’s Degree in a related field or equivalent demonstrated through a combination of work experience, training, military service, or education.
• 5+ years of experience in Equity Middle Office, Equity Operations, or Securities Operations supporting institutional equity products.
• Strong understanding of the equity trade lifecycle, including trade capture, allocations, affirmations, settlement, fails management, and post-trade controls.
• Demonstrated settlement experience across U.S. equity markets (DTC/NSCC) and international equity markets, with particular emphasis on Latin America (Brazil, Mexico, Chile, Colombia, Peru, Argentina).
• Experience supporting convertible bonds and convertible arbitrage trading, including post-trade processing, settlement, and lifecycle events is highly desirable.
• Hands-on experience with Fidessa, Murex, and Bloomberg (BBG).
• Advanced Microsoft Excel skills required; SQL, Power BI, Python, or Power Automate experience preferred.
• Demonstrated interest in AI, automation, and continuous process improvement.
• Strong analytical, communication, stakeholder management, and problem-solving skills.

What You Bring

• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

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.

What Else You Need To Know

• The base pay range for this position is posted below and represents the annualized salary range.
• Minimum Base Pay Range: $105,000.00 USD
• Maximum: $140,000.00 USD

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.