• 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

• We Want to Talk to You!

• The Difference You Make:

• The Loan Trading position is responsible for the execution, management, and distribution of leveraged loans and other syndicated credit products in the secondary market.

The individual will actively manage trading risk, provide liquidity to clients, develop investor relationships, and collaborate with banking, syndications, sales, and research teams to optimize portfolio returns and support client needs. The role requires deep expertise across leveraged finance, institutional loans, distressed credit, and broader syndicated loan markets.

• Key Responsibilities
• + Execute secondary market purchases and sales of syndicated loans, leveraged loans, and other credit products on behalf of the firm and its clients.

+ Manage trading inventory and risk exposures while maximizing risk-adjusted profitability within established limits. + Develop and maintain relationships with institutional investors, CLO managers, hedge funds, mutual funds, insurance companies, and other market participants. + Provide market color, liquidity solutions, and trade ideas to internal and external clients. + Partner closely with Leveraged Finance, Syndications, Credit Risk, and Coverage teams to facilitate primary and secondary market transactions. + Monitor market trends, credit developments, issuer fundamentals, and relative value opportunities across the loan market. + Evaluate new issue opportunities and secondary trading strategies through fundamental and technical credit analysis. + Negotiate trade terms, documentation, settlements, and allocations while ensuring operational excellence and regulatory compliance. + Contribute to portfolio positioning, inventory management, and balance sheet optimization initiatives. + Mentor junior traders and analysts while supporting the development of the broader credit trading franchise.

• What You Bring
• Education
• + Bachelor's Degree in Finance, Economics, Accounting, Business, or a related field required.
• Qualifications
• + 5+ years of experience in loan trading, leveraged finance, credit trading, syndicated loans, or related capital markets activities.

+ Demonstrated success trading leveraged loans and syndicated credit products across varying market environments. + Strong understanding of loan market structure, trading conventions, settlement processes, and documentation. + Experience managing risk positions and generating P&L within a regulated financial institution. + Deep knowledge of credit underwriting, financial statement analysis, and relative value assessment. + Established relationships with key institutional investors and buy-side market participants. + Excellent negotiation, communication, and relationship management skills. + Strong analytical and quantitative capabilities, including financial modeling and valuation analysis. + Ability to make sound decisions under pressure and manage multiple priorities in a fast-paced trading environment. + Proven ability to collaborate across trading, sales, banking, syndications, and risk management teams. + High proficiency in Excel, Bloomberg, market analytics, and trading systems. + Self-starter with strong commercial instincts and a demonstrated ability to identify market opportunities.

• Preferred Experience
• + Trading experience across leveraged loans, high yield bonds, distressed credit, private credit, or structured credit products. + Understanding of CLOs and institutional loan investor behavior. + Experience participating in both primary syndication and secondary loan markets. + Proven track record of building and growing client relationships and trading revenues.
• Certifications
• + CFA, FINRA Series 7, Series 63, Series 79, or equivalent licenses preferred where applicable.

• 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. 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:

$225,000.00

USD Maximum:

$275,000.00 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) (https://businessolver.foleon.com/santander/2026-santander-eguide/)

• 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.

• What
• To Do Next
• :•If this sounds like a role you are interested in, then please apply.

We are committed to providing an inclusive and accessible application process for all candidates. If you require any assistance or accommodation due to a disability or any other reason, please contact us at TAOps@santander.us to discuss your needs.

AN EQUAL OPPORTUNITY EMPLOYER

M/F/Vet/Disabled/SO