At a Glance
- Tasks: Develop and enhance quantitative models for credit trading in a dynamic environment.
- Company: Join Santander Corporate & Investment Banking, a leader in global finance.
- Benefits: Competitive salary, tailored benefits, generous pension contributions, and 30 days' holiday.
- Other info: Inclusive workplace with equal opportunities and excellent career development.
- Why this job: Make a real impact in a fast-paced trading environment with innovative projects.
- Qualifications: Extensive experience in quantitative roles and strong programming skills in C++ and Python.
The predicted salary is between 80000 - 100000 £ per year.
Join our community. Santander Corporate & Investment Banking (SCIB) is Santander's global division that supports some of the world's most complex and sophisticated corporate and institutional clients, offering customised services and value-added wholesale products to best meet their needs.
The Credit Front Office Quant team is responsible for the development of the pricing and risk models for credit trading, structuring and sales teams. This role sits at the heart of a dynamic trading environment, where innovation, technical excellence, and close collaboration with the business are key to continued success. We are offering a rare opportunity to join a fast-growing global franchise with an established track record in credit and hybrid markets.
The difference you’ll make:
- Enhancing and maintaining core quantitative libraries and trading systems with a strong focus on innovation, robustness, flexibility, performance, and test coverage
- Developing, debugging, and implementing pricing and risk analytics in C++ for flow, structured, and hybrid credit desks
- Contributing to data-driven analytics and research workflows (Python ecosystem including pandas, numpy, etc.)
- Working closely with traders and structurers to design new products, improve pricing frameworks, and resolve day-to-day trading issues
- Contributing to the evolution of existing methodologies (bootstrapping, pricing models, sensitivities, risk metrics)
- Collaborating with XVA, Risk, Model Validation, and other stakeholders to support and advance the broader business platform
- Providing mathematical and technical documentation to internal stakeholders
What you’ll bring:
Our people are our greatest strength. Every individual contributes unique perspectives that make us stronger as a team and as an organisation. We’re enabling teams to go beyond by valuing who they are and empowering what they bring. The following requirements represent the knowledge, skills, and abilities essential for success in this role.
- Extensive experience in a Credit, Hybrid, XVA or Structured Rates quantitative role
- Excellent programming skills in C++ and Python
- Solid understanding of credit and/or hybrid products and associated risk methodologies
- Higher qualification in Math’s, Physics or relevant mathematical based degree
- Ability to operate effectively in a complex, fast-paced trading environment
- Strong problem-solving skills and a proactive, delivery-oriented mindset
- Well-developed communication and interpersonal skills
It would also be nice for you to have:
- PhD in Math’s, Physics or relevant mathematical based degree
What else you need to know:
This role is based at our offices in Triton Square, London located within easy walking distance from Warren Street and Euston. We want our people to thrive at work and home, and also be able to deliver the best outcomes for our customers and to help each other develop.
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.
How we’ll reward you: Your contribution matters, and it’s recognised. You can expect a fair, competitive reward package that reflects the impact you create and the value you deliver. As well as a competitive salary, you’ll enjoy a benefits package that you can tailor to your needs.
- Eligible for a discretionary performance-related annual bonus.
- We put 8% of salary into your pension, even if you don’t contribute yourself. We’ll pay in up to 12.5% of salary, if you contribute as well, and you can take some of our contribution in cash if you prefer.
- 30 days’ holiday plus
VP, Front Office Quant - Credit/Hybrid | SCIB in London employer: Banco Santander SA
Santander Corporate & Investment Banking (SCIB) is an exceptional employer, offering a dynamic and innovative work environment in the heart of London. With a strong focus on employee growth and collaboration, SCIB provides tailored benefits, including a competitive salary, generous pension contributions, and 30 days of holiday, ensuring that employees thrive both professionally and personally. Join a team where your unique perspectives are valued, and contribute to cutting-edge projects in credit and hybrid markets.
StudySmarter Expert Advice🤫
We think this is how you could land VP, Front Office Quant - Credit/Hybrid | SCIB in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Banco Santander SA. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace VP, Front Office Quant - Credit/Hybrid | SCIB in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Banco Santander SA.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Banco Santander SA's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Banco Santander SA
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Banco Santander SA.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Banco Santander SA will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Banco Santander SA employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
