SPV Repack Structurer - FICC Sales

• Be part of the most innovative Bank in Western Europe, according to The Innovators awards from the American magazine Global Finance.
• Onboarding program and personalized support for your professional development.
• Individual training plan with access to our online platform, which offers an extensive catalog of self-learning resources to foster your continuous growth.
• You will have a complete health insurance plan entirely free of charge for you. In addition, you will be enrolled in the Pension Plan, to which CaixaBank will make contributions with your future in mind.
• Flexible compensation applied to transportation, training, languages, childcare, among others.
• Flexibility measures (remote work, flexible entry).
• We hold the Top Employer certification, which recognizes us as one of the best companies to work for

CaixaBank is a socially responsible financial group with a long-term vision, based on quality, proximity, and specialization. It offers a value proposition of products and services tailored to each segment, assuming innovation as a strategic challenge and a differentiating trait of its culture. Its leading position in retail banking in Spain and Portugal allows it to play a key role in contributing to sustainable economic growth.

The FICC SALES team is a multidisciplinary team responsible for distributing fixed income products and OTC derivatives with multiple underlyings (interest rate, currency, inflation & equity).
We are looking to bring in a high-potential professional, with solid analytical capacity and experience in the structuring, valuation, or execution of OTC derivatives and structured products, who wants to develop a specialization in repackaging solutions for institutional clients.
The person's main mission will be to structure and execute operations, driving the technical development of products for Institutional Clients, in coordination with the other areas involved in the process (Trading, XVA, Risk, Legal, and Operations).
We will especially value if the person has previous experience in Repackaging programs, structuring solutions adapted to the specific needs of institutional clients and with the capacity to implement the necessary technical capabilities in the bank to drive this project in the short and medium term.
The person will join the Institutional FICC SALES team, reporting directly to the geographic area head for Spain and Andorra.
The functions and responsibilities are:

• Development and Pricing of structured products for Institutional Clients.
• Design specific Repackaging solutions for institutional clients, based on program requirements and internal technical capabilities.
• Act as a technical interlocutor with the XVA, Risk, and Trading teams for the correct valuation and validation of complex operations.
• Coordinate the complete structuring process from the initial design phase to the execution and subsequent monitoring of operations.
• Support the FICC SALES desks (Nac & Int) in meetings with institutional clients, providing technical capabilities and developing customized proposals.
• Prepare technical and commercial materials for clients, internal Committees, and governance bodies related to the already established Repackaging program.
• Drive the growth of the repackaging program at both internal and external levels, developing new typologies of structures/underlyings and coordinating with the different areas of the bank for implementation.
• Collaborate in the identification of business opportunities derived from regulatory changes, capital needs, or client asset and liability management requirements.

• Demonstrable experience in structuring operations through SPVs (Repackaging programs) for financial entities, insurance companies, or specialized asset managers.
• Solid knowledge in the valuation and pricing of fixed income instruments, structured products, and OTC derivatives.
• Experience understanding the impact of risk-adjusted valuation metrics (XVA) on Repack operations.
• Capacity to interpret the impact of the different XVA components (Cva, Fva, Kva, ColVa) on the structuring of operations.
• Capacity to structure solutions that optimize regulatory capital consumption, yield generation, duration management, etc.
• Advanced mastery of financial Excel, modeling with practical knowledge of Murex, Python, or equivalent quantitative tools.
• Highly analytical profile with the capacity to translate very complex technical concepts into understandable proposals for commercial teams.
• Excellent cross-functional coordination skills to drive forward operations of greater complexity.
• Excellent attitude, commitment, self-motivation, and empathy.
• Proactive profile to achieve objectives and with an entrepreneurial mindset to develop new business opportunities.
• Accustomed to working in a team and sharing knowledge/ideas or relevant information that helps the joint development of the team and business.
• Good communicator with the aptitude to reach agreements.

Responsible for the commercialization of treasury products (mainly fixed income and derivatives), including the acquisition and integral management of the institutional client, the execution of operations in the market, and all this, in coordination with other areas of the entity (DCM, syndication, treasury, and Markets, among others).

S.2.2 HUMANISM - LEADERSHIP AND TEAM DEVELOPMENT / SELF-LEADERSHIP

Tools, systems and specific applications for financial markets.