At a Glance
- Tasks: Lead FX structuring for institutional clients, delivering tailored risk management solutions.
- Company: Join Santander, a leading global banking and markets provider with a focus on innovation.
- Benefits: Enjoy competitive salary, performance bonuses, generous holiday, and private medical insurance.
- Other info: Work in a vibrant London office with opportunities for career growth and collaboration.
- Why this job: Make an impact in the financial world while developing your skills in a dynamic environment.
- Qualifications: Experience in investment banking and strong quantitative skills required.
The predicted salary is between 80000 - 100000 £ per year.
The Vice President – FX Structuring (UK) Risk Solutions Group will focus primarily on sophisticated institutional clients, including banks, asset managers, pension funds, insurers, hedge funds, supranationals, private capital investors and other financial institutions. As Vice President within the Risk Solutions Group you’ll perform an FX and Macro Structuring role focused on delivering bespoke risk management, investment and financing solutions to corporate and institutional clients.
You’ll provide structuring expertise, pricing support, trade analytics and solution development across UK, European and Americas client franchises in partnership with Sales teams and wider Global Markets stakeholders.
Responsibilities- Originating, structuring and supporting the execution of FX and macro risk management strategies for a defined portfolio of institutional and corporate clients.
- Developing tailored hedging, investment, yield enhancement and capital‑efficient solutions across FX spot, forwards, swaps, vanilla options, structured FX derivatives and selected cross‑asset solutions.
- Producing high‑quality generic and bespoke client presentations, trade ideas and transaction proposals.
- Delivering pricing analysis, trade analytics, payoff modelling and risk scenario analysis to support client transactions.
- Supporting the full transaction lifecycle, including idea generation, pricing coordination, approvals, documentation, execution and post‑trade monitoring.
- Monitoring existing transactions to identify restructuring, unwind, extension, collateral optimisation or hedging adjustment opportunities.
- Building and strengthening client relationships through market insight, structuring expertise and proactive idea generation.
- Working closely with internal stakeholders including Sales, Trading, Research, Bankers, DCM, Legal, Credit Risk, Compliance, XVA, Middle Office and Operations.
- Collaborating across regional teams in Europe, LatAm and other international markets to support cross‑border client activity.
- Developing solutions that consider the specific accounting, regulatory, capital and liquidity constraints of different client segments.
- Supporting adherence to applicable regulatory requirements including MiFID, EMIR, product governance, clearing, margining, reporting and ISDA/CSA frameworks.
- Contributing to the continued growth and positioning of Santander Global Banking & Markets as a leading FX and macro solutions provider.
- Previous experience in a similar position within investment banking.
- Detailed knowledge of the full IR and FX derivatives product suite as well as pricing theory, valuation methodologies and XVA concepts.
- Knowledge of institutional regulatory frameworks, including MiFID, EMIR, product governance, clearing, margining, reporting and ISDA/CSA documentation.
- Understanding of Counterparty Credit risk and Regulatory Capital Consumption.
- Excellent quantitative understanding of derivatives pricing, volatility, Greeks, payoff construction, hedging dynamics and risk sensitivities.
- Educated to degree level or equivalent in a quantitative subject.
- Completed CISI modules.
- Well‑developed communication and stakeholder management skills with the ability to explain complex concepts clearly to clients and internal stakeholders.
- Excellent analytical and quantitative problem‑solving capabilities.
- Ability to manage multiple workstreams and transactions in a fast‑paced environment.
- Experience building and interpreting scenario analysis, stress testing, payoff modelling, back‑testing and relative value analysis.
- Detailed knowledge of Corporate Finance and typical DCM transactions.
- Knowledge of IAS/IFRS accounting principles relevant to derivatives and hedging strategies.
- Programming or technical skills in VBA, Python or similar tools for analytics, automation and data analysis.
- Additional language skills, particularly Spanish, French, Italian, German or Portuguese.
The role is based in our offices at Triton Square, London located within easy walking distance from Warren Street and Euston.
Benefits- Competitive salary.
- Discretionary performance‑related annual bonus.
- Pension contributions: 8% of salary if you do not contribute; up to 12.5% if you do, with option to take cash.
- 30 days’ holiday plus bank holidays (31 days after 5 years service, with option to purchase up to 5 contractual days per year).
- Company‑funded individual private medical insurance.
- Voluntary healthcare benefits at discounted rates such as private medical insurance for family, dental insurance and health assessments.
- Protection for you and your family: company‑funded death‑in‑service benefit and income protection insurance, with option to take benefit at discounted rates for additional life assurance and critical illness cover.
- Share plans.
- Family friendly policies.
Equal Opportunities. Santander is proud of being an organization where there are equal opportunities regardless of age, gender, disability, civil status, race, religion or sexual orientation. We are committed to providing an inclusive and accessible application process for all candidates.
Vice President - FX Structuring | SCIB in London employer: Banco Santander SA
Santander Global Banking & Markets is an exceptional employer, offering a dynamic work environment in the heart of London that fosters collaboration and innovation. With a strong focus on employee growth, competitive benefits including generous holiday allowances and comprehensive health coverage, and a commitment to diversity and inclusion, we empower our team members to thrive while delivering bespoke financial solutions to sophisticated institutional clients.
StudySmarter Expert Advice🤫
We think this is how you could land Vice President - FX Structuring | SCIB in London
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We think you need these skills to ace Vice President - FX Structuring | SCIB in London
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