Vice President, Quantitative Analyst – FX Options | SCIB

Join our community.

Santander Corporate & Investment Banking (SCIB) is Santanders global division that supports some of the worlds most complex and sophisticated corporate and institutional clients offering customised services and value-added wholesale products to best meet their needs.

The Front office Quant area is responsible of the development of the pricing and risk models for Sales and trading teams. FX Options is a Global business that requires support in locations around the world.

As part of the FX Quants team youll focus on the development extension and maintenance of the FX model libraries. Youll interact with traders and sales in other international offices to explain modelling assumptions and risk implications and to understand the practical use of the models. Youll also work closely with local quant groups in other geographies to provide seamless coverage and support.

The difference youll make:

• Being part of the FX Quants group focused on the development of derivatives models

• Contributing to the extension of existing models to improve interest rate to include interest rate volatility risk

• Designing and implementing our pricing and risk libraries for the scope of our existing and prospective FX products

• Developing an efficient risk framework to represent the risks by making use of advance techniques

• Designing and extending the APIs for our pricing libraries

• Developing and optimising algorithms

• Refining existing quants framework and quantitative tools to meet highest quality standards

• Assisting with the development improvement and maintenance of the testing process in our quantitative libraries and tools

• Providing mathematical and technical documentation to internal stakeholders

• Supporting Trading Sales and Risk teams

What youll bring:

Our people are our greatest strength. Every individual contributes unique perspectives that make us stronger as a team and as an organisation. Were 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.

• 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

• An excellent problem solver who can contribute with innovative ideas

• Knowledge of options pricing theory quantitative models probability theory and stochastic processes

• Creative thinker with the ability to make decisions quickly often under pressure and with limited information

• Well-developed interpersonal and communication skills

It would also be nice for you to have:

• PhD in a relevant mathematical based degree

• Fluency in additional languages especially Spanish

• Familiarity with Stochastic-Local volatility models

• Experience of implementing a PDE or Monte Carlo pricing engine

What else you need to know:

This role is based at our offices in Triton Square London located within easy walking distance from Warren Street and Euston.

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 well reward you.

Your contribution matters and its 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 youll 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 dont contribute yourself. Well 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 5yrs 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 Santanders success by saving or investing inour shareplans.

Learn more about our benefits and family friendly policies

What to do next:-

If this sounds like a role youre interested in then please apply.