At a Glance
- Tasks: Lead bespoke credit structuring and execute tailored solutions for institutional clients.
- Company: Join Santander, a leader in innovative financial solutions.
- Benefits: Competitive salary, generous pension contributions, and 30 days holiday.
- Other info: Based in London, with excellent career growth opportunities and a commitment to diversity.
- Why this job: Make an impact in a dynamic environment with diverse client interactions.
- Qualifications: Degree in Finance or related field; strong analytical and communication skills required.
The predicted salary is between 80000 - 100000 € per year.
Country: United Kingdom
Business area introduction
Credit Structuring is responsible for the design and execution of bespoke investment, funding, hedging and risk management solutions across a broad range of credit products. The team delivers tailored solutions to institutional and corporate clients, including Repacks, Credit Linked Notes (CLNs), CVA Notes, CIMA issuance structures, Risk Participation Agreements, bespoke credit derivatives, insurance solutions, cross-border funding structures, back-leverage solutions and bond-related hedging strategies. Working closely with Sales, DCM, Risk and Legal teams, Credit Structuring combines market expertise, regulatory insight and innovative product development to provide capital-efficient and client-focused solutions across the UK and Europe.
Key activities
The Vice President within Public Side Structuring will lead the credit structuring angle across a diverse range of transactions and client solutions. The role focuses on originating, structuring and executing bespoke credit and risk management strategies for institutional clients, including insurers, pension funds, multinational corporates, financial institutions and endowments.
Key responsibilities include:
- Structuring and executing bespoke credit solutions, funding transactions and hedging strategies tailored to client requirements.
- Developing and presenting innovative credit and capital-efficient solutions under Solvency II, internal model frameworks and broader prudential regulation.
- Providing expertise across credit products, pricing, trade analytics, trade management and solution design for UK and European institutional clients.
- Supporting client engagement through idea generation, bespoke pitches and transaction execution.
- Building and maintaining strong relationships with institutional investors, insurers, pension clients and corporate counterparties.
- Collaborating closely with internal stakeholders including Bankers, DCM Originators, Derivatives Marketers, Credit Risk, Methodology and Legal teams across Europe and LatAm.
- Monitoring regulatory and market developments, including EIOPA, PRA, TPR consultations, ESG developments and benchmark reforms, and incorporating these into client solutions.
- Developing analytical tools and frameworks to support client-specific asset-liability management and funding proposals.
- Contributing to the growth and positioning of Santander’s Global Banking & Markets franchise through commercial and innovative structuring capabilities.
The successful candidate will demonstrate strong commercial acumen, creativity, entrepreneurial mindset and the ability to manage complex transactions in a client-focused environment.
What we’re looking for
- CISI Regulatory, Securities and Derivatives Modules essential.
- Strong understanding of credit pricing theory and its practical application.
- Detailed knowledge of the full suite of credit derivative products.
- Good understanding of accounting principles relevant to credit derivatives and structured solutions.
- Strong knowledge of credit risk and derivative risk calculations.
- Understanding of regulatory developments impacting institutional clients, including Solvency II, PRA, EIOPA, TPR, ESG and market reforms.
- Excellent analytical, problem-solving and quantitative skills.
- Strong written and verbal communication skills with the ability to present complex concepts clearly to clients and internal stakeholders.
- Ability to manage multiple transactions and stakeholders in a fast-paced environment.
- Educated to degree level in a relevant discipline such as Finance, Mathematics, Engineering, Economics or a related quantitative subject (preferred).
- Additional European language skills are advantageous, particularly German, French, Italian or Spanish.
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 VP, Credit Structuring in London employer: Banco Santander
Santander offers an exceptional work environment for the SCIB VP, Credit Structuring role, located in the vibrant Triton Square office in London. With a strong focus on employee growth, competitive benefits including a generous pension scheme and tailored healthcare options, and a commitment to diversity and inclusion, Santander fosters a collaborative culture that empowers its employees to innovate and excel in their careers. The opportunity to engage with a diverse range of institutional clients while working alongside expert teams makes this position both meaningful and rewarding.
StudySmarter Expert Advice🤫
We think this is how you could land SCIB VP, Credit Structuring in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and credit structuring space. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for those interviews by brushing up on your technical knowledge. Make sure you can discuss credit derivatives and risk management strategies confidently. We want you to shine when it comes to showcasing your expertise!
✨Tip Number 3
Tailor your pitch! When you get the chance to present your ideas, make them relevant to the specific needs of the client or company. Show how your innovative solutions can help them navigate the complexities of credit structuring.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace SCIB VP, Credit Structuring in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in credit structuring and bespoke solutions. We want to see how your skills align with the role, so don’t hold back on showcasing your relevant achievements!
Showcase Your Analytical Skills:Since this role requires strong analytical and quantitative skills, include examples of how you've used these in past roles. We love seeing how you’ve tackled complex problems and delivered innovative solutions!
Communicate Clearly:Your written communication is key! Make sure your application is clear and concise, demonstrating your ability to present complex concepts simply. Remember, we’re looking for someone who can communicate effectively with clients and stakeholders.
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way to ensure it gets to the right people. Plus, applying early can give you an edge, as we might close the role sooner than expected due to high interest.
How to prepare for a job interview at Banco Santander
✨Know Your Credit Products
Make sure you have a solid understanding of the full suite of credit derivative products. Brush up on your knowledge of bespoke credit solutions and how they apply to institutional clients. Being able to discuss these confidently will show that you're well-prepared and knowledgeable.
✨Stay Updated on Regulations
Familiarise yourself with the latest regulatory developments impacting institutional clients, such as Solvency II and ESG reforms. This will not only help you answer questions but also demonstrate your proactive approach to staying informed in a fast-paced environment.
✨Showcase Your Analytical Skills
Prepare to discuss your analytical and problem-solving skills. Think of specific examples where you've used these skills in past roles, especially in structuring or executing complex transactions. This will highlight your ability to manage multiple stakeholders effectively.
✨Practice Clear Communication
Since strong communication skills are essential for this role, practice explaining complex concepts in simple terms. You might even want to do a mock interview with a friend to refine your ability to present ideas clearly and concisely, which is crucial when engaging with clients.
