At a Glance
- Tasks: Lead product development and analytics for financial solutions, focusing on client needs and risk management.
- Company: Join Santander, a global leader in banking, committed to diversity and innovation.
- Benefits: Enjoy a competitive salary, flexible benefits, 30 days holiday, and a generous pension scheme.
- Why this job: Be part of a dynamic team driving impactful financial solutions in a collaborative environment.
- Qualifications: Proven experience in finance, strong quantitative skills, and knowledge of derivatives are essential.
- Other info: Located in central London, with opportunities for professional growth and a commitment to inclusivity.
The predicted salary is between 72000 - 100000 £ per year.
The Structuring Executive Director supports private side RSG sales globally with value-added products, analytics, and solutions for the SCIB client base. This role is responsible for developing the corporate/financial sponsor Structuring franchise, with clear accountability for product development, idea generation, product delivery, and execution. The focus is on clients' balance sheet financial risks and investments, proposing solutions using quantitative tools and advanced analytics. The role involves building coherent investments and risk analysis covering markets, portfolios, products, and accounting.
The Executive Director will engage actively with other specialist teams, such as DCM Solutions and ACPM, to produce joint solutions proposals and work on value-added transactions for recourse and non-recourse financing (including deal contingent hedging). Special emphasis is placed on FX transactions. Collaboration with market-related teams, including Trading, Risk, Quants, Legal, Operations, and Middle Office, is essential to ensure clients' needs are met in terms of products, valuations, pricing, and tools.
Key activities
- Contribute to the overall budget and individual geography budget, with specific accountability for the non-flow credit product line.
- Drive and continuously develop the product framework.
- Ensure adherence to internal policies and legislative/regulatory guidelines.
- Work alongside the RSG Sales teams to create a product pipeline and improve the quality of the client franchise.
- Collaborate successfully across global Structuring teams (London & Madrid-based) to ensure proper delivery of the product.
- Engage with client origination and product teams (Fixed Income Solutions, FIG, DCM Solutions, DCM, Corporate Sales) to have a holistic view of client situations, product offerings, and model assumptions.
What we’re looking for
- Previous experience and demonstrated success in a similar position at a suitable level.
- Robust quantitative background with proven track record in rates and FX.
- Experience in deal contingent hedging is a significant advantage, though not an absolute requirement.
- Advanced knowledge of rates and credit derivatives (modelling and risk management).
- Payout modelling and advanced execution skills (structured products/derivatives).
- Regulatory knowledge and legal expertise (ISDAs & CSAs).
- Ability to operate within the agreed risk framework and ensure effective adherence to internal policies and legislative/regulatory guidelines.
- Advanced communication skills and ability to work successfully in a team environment.
- Ability to work on own initiative.
- Proficiency in other languages, such as Spanish, Portuguese, French, German, or Italian desirable.
What else you need to know
This role is based in our Triton Square office in London, conveniently located within walking distance from Euston Station and Warren Street Station.
How we’ll reward you
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
- Pension with generous contributions of up to 12.5% from Santander, depending on your own contribution and length of employment with us
- 30 days holiday plus bank holidays, with the 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 your family, dental insurance, healthcare cash plan and health assessments
- Benefits supporting you and your family, such as death-in-service benefit, income protection, and voluntary life assurance and critical illness cover
- Share in Santander’s success by investing in our Sharesave and Partnership shares plans
For more information about our wide range of benefits and family friendly policies visit our website.
Equal Opportunities
Santander are an equal opportunities employer. When we talk about diversity, we don’t just want to pay lip service. Our customers come from a wide range of backgrounds, and so do our people. It’s important to us that we create an inclusive culture where everyone counts, and we particularly welcome applications from different underrepresented groups.
For more information on our commitment to equal opportunities, please visit our diversity page.
What to do next
If this sounds like a role you’re interested in, then please apply on the link. Due to high volume of applications we may need to close this role earlier than the advertised date, so recommend submitting an application as soon as possible.
SCIB Executive Director, Structuring employer: Banco Santander SA
Contact Detail:
Banco Santander SA Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land SCIB Executive Director, Structuring
✨Tip Number 1
Network with professionals in the finance and structuring sectors. Attend industry events or webinars where you can meet people who work in similar roles. This can help you gain insights into the company culture and potentially get a referral.
✨Tip Number 2
Familiarise yourself with the latest trends in FX transactions and deal contingent hedging. Being well-versed in current market conditions and innovations will allow you to speak confidently about how you can contribute to the team.
✨Tip Number 3
Prepare to discuss your quantitative skills in detail. Be ready to provide examples of how you've used these skills in previous roles, particularly in rates and credit derivatives, as this will be crucial for the position.
✨Tip Number 4
Showcase your collaborative spirit by highlighting past experiences where you've successfully worked with cross-functional teams. This role requires strong teamwork, so demonstrating your ability to engage with various departments will set you apart.
We think you need these skills to ace SCIB Executive Director, Structuring
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in structuring, quantitative analysis, and risk management. Use specific examples that demonstrate your success in similar roles, particularly in rates and FX.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your skills align with the responsibilities outlined in the job description, especially your experience with deal contingent hedging and collaboration across teams.
Highlight Quantitative Skills: Given the emphasis on quantitative tools and advanced analytics, ensure you clearly outline your quantitative background. Mention any relevant software or methodologies you are proficient in that relate to rates and credit derivatives.
Showcase Communication Abilities: Since the role requires advanced communication skills, provide examples of how you've successfully worked in team environments or engaged with clients. This could include leading projects or presenting complex information clearly.
How to prepare for a job interview at Banco Santander SA
✨Showcase Your Quantitative Skills
Given the role's emphasis on a robust quantitative background, be prepared to discuss your experience with rates and FX. Bring examples of how you've applied quantitative tools in previous roles, especially in product development and risk analysis.
✨Demonstrate Collaboration Experience
This position requires active engagement with various teams. Share specific instances where you've successfully collaborated across departments, particularly in structuring deals or developing joint solutions. Highlight your ability to work within a team environment.
✨Understand Regulatory Frameworks
Familiarise yourself with relevant regulatory guidelines and internal policies. Be ready to discuss how you've ensured compliance in past roles, particularly regarding ISDAs and CSAs, as this knowledge is crucial for the position.
✨Prepare for Client-Focused Discussions
Since the role involves engaging with clients to understand their needs, prepare to discuss how you've previously managed client relationships. Think about how you can demonstrate your ability to create tailored solutions that address clients' financial risks and investments.