At a Glance
- Tasks: Design and maintain pricing analytics for inflation derivatives, collaborating with traders and risk teams.
- Company: Join a leading financial institution with a focus on innovation and collaboration.
- Benefits: Enjoy a competitive salary, annual bonus, generous holiday, and comprehensive health benefits.
- Other info: Dynamic team environment with opportunities for professional growth and development.
- Why this job: Make a significant impact in the world of finance with cutting-edge analytics and technology.
- Qualifications: Extensive quantitative experience and advanced degree in a relevant field required.
The predicted salary is between 81000 - 99000 £ per year.
Overview
In this role you will design, implement, and maintain pricing analytics and inflation curve frameworks for inflation derivatives, collaborating closely with traders and risk teams.
You will translate complex models into production-ready analytics and contribute to scalable pricing and calibration capabilities.
The position sits at the intersection of research, technology, and trading, offering high-impact work on inflation options, caps/floors, and related volatility products.
You’ll join a collaborative Quant team focused on robust, explainable, and performant solutions that shape trading strategies.
- Pay / Benefits
- discretionary annual bonus
- 12.5% salary employer contribution to pension (up to 12.5%)
- 30 days holiday + bank holidays (31 after 5 years)
- Company funded private medical insurance
- family health benefits and discounted private medical cover
- life insurance and income protection insurance options
Responsibilities
- Design, develop, and maintain models and analytics for inflation derivatives (e. g., inflation revenue swaps, Yo Y swaps, LPI swaps, caps/floors, inflation-linked options)
- Enhance inflation curve construction methodologies (bootstrapping, interpolation, extrapolation, seasonality adjustments)
- Build pricing, risk, calibration, and scenario analytics for inflation and rates products
- Support pricing and calibration models for inflation options and volatility analytics
- Collaborate with traders, structurers, risk managers, and model validators to ensure accuracy and robustness
- Implement and test new models in production analytics libraries using Python, C++, and/or Rust
- Monitor and improve performance, stability, and accuracy; troubleshoot production issues
- Produce model documentation and present methodologies and results to stakeholders
- Stay current with academic literature, market practice, and regulatory expectations in inflation modelling and pricing
- Key requirements
- Extensive quantitative experience in a bank, asset manager, or similar financial markets environment with exposure to inflation products
- Front-office or trading-aligned experience with options modelling
- Advanced degree in a relevant field (e. g., Financial Mathematics, Engineering, Applied Mathematics, Physics, Computer Science)
- Strong knowledge of interest rate and inflation derivatives modelling, including inflation options and caps/floors
- Experience with inflation/rates curve construction, bootstrapping, interpolation, seasonality adjustments, and calibration techniques
- Proficiency in Python and/or C++ with numerical libraries (Num Py, Sci Py, pandas)
- Familiarity with model validation, documentation, and regulatory model risk requirements
- Experience with automated testing, CI/CD, and Git
- Strong communication skills to explain complex modelling to both technical and non-technical audiences
- Desirable Ph D in a related field
- Experience with inflation volatility modelling, Yo Y/ revenue/ LPI swaps, and real-money inflation markets
- Knowledge of Rust or C++ for performance-critical analytics
- Familiarity with production quant libraries and large-scale analytics platforms
- Collaborative
- Commercially minded
- Proactive
- Python
- C++
- Rust
Vice President - Inflation Quant | SCIB in London employer: Grupo Santander
At Santander Corporate & Investment Banking, we pride ourselves on being an exceptional employer that values diversity and fosters a collaborative work culture. Located in the heart of London, our team enjoys a competitive benefits package, including generous holiday allowances, tailored pension contributions, and comprehensive healthcare options, all designed to support both personal and professional growth. We empower our employees to thrive by providing opportunities for development and encouraging innovative thinking, making us a rewarding place to build a meaningful career in global banking.
StudySmarter Expert Advice🤫
We think this is how you could land Vice President - Inflation Quant | 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 Grupo Santander. 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 Vice President - Inflation Quant | 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 Grupo Santander.
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 Grupo Santander'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 Grupo Santander
✨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 Grupo Santander.
✨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 Grupo Santander 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 Grupo Santander 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.
