Santander U.S. Capital Markets LLC H-1B wage filings

New York, NY. Filings decided July 2025 to June 2026.

Santander U.S. Capital Markets LLC filed 42 wage applications for H-1B and similar visas from July 2025 to June 2026. The median wage it offered was $175,000, 46.8% above the government's prevailing wage for the same jobs. Its most-filed job was Associate, Investment Banking (16 filings, median $175,000).

Filings
42
Positions covered
42
Certified
100.0%
Job titles
23
Worksite cities
4
Filings since FY2023
79
Median offer change since FY2023
+3%

Offered wage since 2023

Santander U.S. Capital Markets LLC's median H-1B wage offer rose 3%, from $170,000 in fiscal 2023 to $175,000 in fiscal 2026 so far. In fiscal 2026 it was 48.0% above the prevailing wage. Its busiest full year was fiscal 2025, with 22 filings.

Middle half of offered wagesMedian offered wageMedian prevailing wageFilings per year

$80k$120k$160k$200k$240k$280k$170k$190k$165k$175k72023122024222025382026*

Fiscal years run October to September. Fiscal 2026 is still running: these figures cover October 2025 to June 2026.

Santander U.S. Capital Markets LLC by fiscal year

Fiscal yearFilingsMedian offeredvs year beforeMedian prevailingvs prevailing
2026 (Oct to Jun)38$175,000+6.1%$118,248+48.0%
202522$165,000−13.2%$146,141+17.2%
202412$190,000+11.8%$143,125+32.8%
20237$170,000n/a$133,390+26.8%

Offered wage by job title

Middle half of offered wagesMedian offered wageMedian prevailing wage

Job titleFilingsMedian offeredOffered range and prevailing wagevs prevailing
Associate, Investment Banking16$175,000+48.0%
Analyst 3, Investment Banking4$130,000+48.0%
Analyst 1, Investment Banking2$110,000+25.2%
Analyst 2, Investment Banking1$110,000+25.2%
Analyst, Investment Banking1$120,000+36.6%
Associate, Audit1$97,406at the minimum
Associate, Business Intelligence & Reporting1$144,500+3.6%
Associate, CIB Audit1$122,000+25.2%
Associate, Investment Banking and Global Industry1$190,000+30.0%
Associate, Investment Banking, Finanical Sponors1$170,000+45.6%
Executive Director, Debt Capital Markets1$299,000at the minimum
Executive Director, IB Coverage “ Business Services1$340,000+13.8%
Executive Director, Product Specialist, Equity1$300,000+0.4%
Product Specialist - Emerging Markets1$160,000+7.6%
Product Specialist ETD1$215,000+41.1%
Product Specialist, Structured Products1$215,000+81.8%
Senior Associate1$131,500at the minimum
Senior Associate, Application Development1$189,500+17.8%
Sr Associate, Legal (Investment Banking)1$155,000+63.5%
Sr. Associate, Market Risk1$175,000+19.7%
Vice President, Investment Banking1$265,000+48.0%
Vice President, Product Specialist1$250,000+27.7%
VP, Product Specialist Structured Products1$215,000+20.1%

Where the jobs are

WorksiteFilingsMedian offered
New York, NY39$175,000
Coconut Grove, FL1$131,500
Houston, TX1$165,000
Los Angeles, CA1$170,000

By visa type: 42 H-1B. By outcome: 39 certified, 3 certified and later withdrawn.

Filings by quarter

Jul to Sep 20254
Oct to Dec 20252
Jan to Mar 20261
Apr to Jun 202635

Across all employers, filings bunch up in the first half of each year around the annual H-1B lottery, so compare a quarter with the same quarter a year earlier, not with the one before it.

Seniority of the jobs filed

Level I, entry19%
Level II, qualified45%
Level III, experienced21%
Level IV, fully competent14%

The government assigns each job one of four wage levels. A higher level means a higher legal minimum.

What these numbers are

Source: U.S. Department of Labor, OFLC disclosure data. How we clean and count it.

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