At a Glance
- Tasks: Develop and maintain FX model libraries and pricing engines in a fast-paced environment.
- Company: Join Santander's innovative Front Office Quant group and shape global FX products.
- Benefits: Enjoy 30 days holiday, private medical insurance, and performance-related bonuses.
- Other info: Dynamic international setting with opportunities for creative problem-solving and career growth.
- Why this job: Make a real impact on FX pricing and risk capabilities while collaborating with global teams.
- Qualifications: Experience in quantitative roles with strong programming skills in C++ and Python.
The predicted salary is between 85500 - 104500 £ per year.
Overview
In this role you will advance the FX derivatives pricing and risk framework within Santander’s Front Office Quant group.
You’ll develop, extend, and maintain FX model libraries and pricing engines, working closely with traders, sales, and regional quant teams to translate modelling assumptions into practical tools.
You will also design APIs and improve risk analytics, contributing to a scalable, high-quality quantitative platform that supports global FX products.
This is a hands-on opportunity to shape pricing and risk capabilities in a fast-paced, international setting.
- Pay / Benefits
- discretionary performance-related bonus
- pension contributions (8% or more)
- 30 days holiday (31 after 5 years)
- private medical insurance
- family health benefits
- share plans
Responsibilities
- Develop and maintain FX model libraries and pricing/risk engines
- Extend models to incorporate interest rate volatility and other risks
- Design and implement APIs for pricing libraries
- Develop and optimise quantitative algorithms
- Collaborate with traders, sales and risk teams across geographies
- Improve testing processes and document quantitative methods for internal stakeholders
- Provide mathematical and technical documentation and support to stakeholders
- Key requirements
- Previous experience in a similar quantitative role
- In-depth knowledge of Foreign Exchange products and valuation
- Excellent programming skills in C++ and Python
- Higher qualification in a relevant mathematical based degree
- Strong problem-solving abilities and innovative thinking
- Knowledge of options pricing theory, probability theory and stochastic processes
- Ability to work under pressure and communicate effectively
- Interpersonal and communication skills
- Creative thinking
- Decision-making under pressure
- C++
- Python
- options pricing theory
Vice President, Quantitative Analyst – FX Options | 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, Quantitative Analyst – FX Options | 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.
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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.
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We think you need these skills to ace Vice President, Quantitative Analyst – FX Options | 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.
