- 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
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.
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
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
Vice President, Structured Credit Trading - London or Madrid | SCIB employer: Santander Group
Santander Asset Management (SAM) is an exceptional employer, offering a dynamic and entrepreneurial environment for the Senior Portfolio Manager role in London. With a strong focus on innovation and collaboration, employees benefit from competitive salaries, generous pension contributions, and flexible working arrangements, all while having the opportunity to shape a new Emerging Market Corporate Bond Fund from the ground up. SAM fosters a culture of growth and development, empowering its team members to excel in their careers while contributing to the firm's ambition of becoming a leading name in EM fixed income globally.
