Santander

Finance

SCIBVP,FXStructuring

London, United Kingdom; Stockholm, Sweden FULL TIME Remote Friendly
The Brief

“SCIB VP, FX Structuring at Santander. Skills: FX Structuring, Risk Management, Derivatives, Client Solutions. Originate, structure, and support execution of FX and macro risk management strategies. Develop tailored hedging, investment, yield enhancement and capital-efficient solutions”

What You'll Achieve.

Contribute to the continued growth and positioning of Santander Global Banking & Markets as a leading FX and macro solutions provider

Industry & Context.

Finance
Problems you'll solve

Analytical and quantitative problem-solving capabilities

What They're Looking For.

Must Have

Degree level in Finance, Mathematics, Engineering, Economics, Physics or quantitative subject, CISI Regulatory Module, CISI Securities Module, CISI Derivatives Module, Communication and stakeholder management skills, Analytical and quantitative problem-solving capabilities, Ability to manage multiple workstreams and transactions, Commercial mindset with attention to detail and risk awareness

Nice to Have

Comprehensive understanding of IR and FX derivatives pricing theory, valuation methodologies and XVA concepts, Detailed knowledge of the full IR and FX derivatives product suite, Quantitative understanding of derivatives pricing, volatility, Greeks, payoff construction, hedging dynamics and risk sensitivities, Understanding of counterparty credit risk, regulatory capital consumption and balance sheet optimisation considerations, Knowledge of institutional regulatory frameworks, including MiFID / UK MiFID, EMIR / UK EMIR, product governance, clearing, margining, reporting and ISDA / CSA documentation, Experience building and interpreting scenario analysis, stress testing, payoff modelling, back-testing and relative value analysis, Understanding of corporate finance and Debt Capital Markets transactions, Knowledge of IAS / IFRS accounting principles relevant to derivatives and hedging strategies, Understanding of credit and market risk calculations relevant to derivative products, Programming or technical skills in VBA, Python or similar tools for analytics, automation and data analysis, Additional language skills, particularly Spanish, French, Italian, German or Portuguese

What You'll Do.

and support execution of FX and macro risk management strategies

Develop tailored hedging

yield enhancement and capital-efficient solutions

Produce high-quality client presentations

trade ideas and transaction proposals

Deliver pricing analysis

payoff modelling and risk scenario analysis

Support full transaction lifecycle

Monitor existing transactions for opportunities

Build and strengthen client relationships

Collaborate across regional teams for cross-border activity

Develop solutions considering client constraints

How You'll Work.

Team & Collaboration

Partner with Sales teams; Work with wider Global Markets stakeholders; Work closely with internal stakeholders including Sales, Trading, Research, Bankers, DCM, Legal, Credit Risk, Compliance, XVA, Middle Office and Operations; Collaborate across regional teams

Communication Scope

Explain complex concepts clearly to clients and internal stakeholders

Process & Methodology

Manage multiple workstreams and transactions

Free ATS check

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