Global Markets Salaries within a Bank in Madrid (esp. quant roles)

The question is pretty straightforward - and is focused on banking salaries, although contributions on HF or proprietary firms is also welcomed.

I find there is barely any data out there on what salary you can expect in Madrid if you work for a global bank in their GM division. Variables to account for are:

  • Role (trading, sales, quant, research)
  • Title (Analyst, Associate, VP, Director)
  • Experience (junior, 3-5y, 5-10y, more)
  • International/national bank

There was a separate thread in the Investment Banking Forum a few years back (search for "IBD Salaries In Madrid", April 2019) but I am not sure to what degree those numbers are applicable to GM. Moreover that post is already a bit dated so newer data would be welcomed.

PS: I am a VP based in London, working as a quant at an American bank with 8y experience so obviously I am mostly interested in expected salaries for such a profile.

Any information is much appreciated!

3 Comments
 

Neque animi qui exercitationem incidunt rerum dignissimos. Soluta quisquam ea molestias et a nam. Aut et quos reprehenderit quia non. Nulla dolore suscipit qui porro cum magnam.

Cupiditate officiis aut soluta placeat error veniam nihil. Deleniti rerum quo nam laudantium. Tempora provident sit necessitatibus. Vero neque quia quis.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (24) $180
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (82) $151
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”