At a Glance
- Tasks: Lead structured credit trading, manage risks, and mentor team members in a dynamic environment.
- Company: Join Santander Corporate & Investment Banking, a leader in global finance.
- Benefits: Competitive salary, tailored benefits, generous holiday, and pension contributions.
- Other info: Inclusive workplace with equal opportunities and excellent career growth.
- Why this job: Shape the future of trading with innovative technology and impactful projects.
- Qualifications: Extensive trading experience and strong problem-solving skills required.
The predicted salary is between 81000 - 99000 £ 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 SCIB Global Markets team is looking for an established VP to join the Structured Credit Trading team in London or Madrid. We are offering a rare opportunity to join a fast-growing global trading franchise with an established track record in credit and hybrid markets. We’re shaping the way we work through innovation, cutting-edge technology, collaboration and the freedom to explore new ideas.
The difference you’ll make:
- Pricing, executing and hedging structured credit and hybrid transactions, including repacks and Credit Linked Notes (CLNs)
- Actively managing and monitoring trading risk, dynamically adjusting positions to optimise portfolio performance and maintain risk limits
- Mentoring and training less experienced team members, supporting their technical development and enhancing team capability
- Creating, maintaining and improving trading monitoring tools
- Contributing to new product development initiatives in collaboration with Quantitative Analysts, Structurers, and Support and Control functions
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, Hybrids, Structured Rates or XVA trading/structuring/quant role
- Proven ability to operate effectively in a fast-paced trading environment
- Well-developed problem-solving skills
- Higher qualification, or equivalent, in Maths, Statistics, Physics, Computer Science, Economics or similar
- Entrepreneurial, delivery-oriented mindset
It would also be nice for you to have:
- Fluency in Spanish or another European language
- Familiarity with AI-augmented coding tools
What else you need to know:
This role can be based at our offices in London or Madrid. 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 bank holidays, which increases to 31 days after 5 years service, 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, and health assessments.
- Protection for you and your family, with company-funded death-in-service benefit and income protection insurance, and the option to take advantage of discounted rates for additional life assurance and critical illness cover.
- Share in Santander’s success by saving or investing in our share plans.
What to do next: If this sounds like a role you’re interested in, then please apply.
Vice President, Structured Credit Trading - London or Madrid | SCIB employer: Grupo Santander
Santander Corporate & Investment Banking (SCIB) is an exceptional employer, offering a dynamic work environment in either London or Madrid where innovation and collaboration thrive. With a strong commitment to employee development, competitive rewards, and a comprehensive benefits package, SCIB empowers its team members to excel in their careers while maintaining a healthy work-life balance. Join us to be part of a forward-thinking organisation that values diversity and fosters growth in the fast-paced world of structured credit trading.
StudySmarter Expert Advice🤫
We think this is how you could land Vice President, Structured Credit Trading - London or Madrid | SCIB
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We think you need these skills to ace Vice President, Structured Credit Trading - London or Madrid | SCIB
Some tips for your application 🫡
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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.
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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.
