At a Glance
- Tasks: Lead structured credit trading and mentor a dynamic team in a fast-paced environment.
- Company: Join Santander Corporate & Investment Banking, a leader in global finance.
- Benefits: Competitive salary, generous holiday, private medical insurance, and pension contributions.
- Other info: Inclusive workplace with opportunities for personal and professional growth.
- Why this job: Shape the future of trading with innovative technology and impactful projects.
- Qualifications: Extensive experience in credit trading and strong problem-solving skills required.
The predicted salary is between 99000 - 121000 £ per year.
Join our community.
Country: United Kingdom
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:
- 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.
Benefits:
- 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.
Learn more about our benefits and family friendly policies.
Vice President, Structured Credit Trading - London or Madrid | SCIB employer: Santander
Santander in Milton Keynes is an excellent employer, offering a dynamic work culture that prioritises collaboration and innovation. Employees benefit from competitive healthcare and pension contributions, alongside ample opportunities for professional growth within the IT sector. The supportive environment fosters both personal and career development, making it a rewarding place to build a meaningful career.
StudySmarter Expert Advice🤫
We think this is how you could land Vice President, Structured Credit Trading - London or Madrid | SCIB
✨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, Structured Credit Trading - London or Madrid | SCIB
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 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 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 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 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 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 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.
