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Senior Fixed Income Quant

On-site in Boadilla del Monte·Full-time·Added over 4 years ago

This job was published 4 years ago

Santander

74 open roles

Overview

Job details

  • Full-time hours

    Per the ad.

Requirements

  • Have the right to work in Spain

    Santander doesn't mention sponsorship in the ad.

  • Work in English

    English is required, per the ad.

  • Work on-site in Boadilla del Monte

    No relocation package mentioned.

  • Have 5+ years of experience

    Mid-level role.

  • Master's degree

    “Engineering (Master Degree) - 5 years, Mathematics (Master Degree) - 5 years” — per the ad.

Requirements

What we're looking for

  • Around 5 years of experience developing models for financial markets business users and/or integrating models in the official production enviroment.
  • Knowledge in quantitative fixed income derivatives pricing models and theory
  • Good experience developing models for business users, including model calibration, from model design to release and support in production.
  • Good programming skills, preferably Python and C++

Education & certifications

  • Msc in Maths, Physics, Computer Science, or similar mathematical based disciplines

Engineering (Master Degree) - 5 years, Mathematics (Master Degree) - 5 years

Languages

  • Being able to work comfortably in English required, Spanish definitely a plus

The role

Fixed Income Sr Quant - SCIBBoadilla del Monte, Spain

What you'll do

WHAT YOU WILL BE DOING

As a Fixed Income Sr Quant, your mission would be to develop, implement and maintain models to price and risk manage fixed income derivatives within global markets activities

We need someone like you to help us in different fronts:

  • Extend the pricing capabilities of the quant libraries by improving the existing tools/models and developing new ones
  • Understand, extend and support the models integrated in the official Capital and EOD PL&Risk engines
  • Provide continuous support to the rates trading desk in their use of front office quant tools and models. Also, support the rest of stakeholders involved in rates business (structuring, sales, risk...)
  • Ensure awareness of and adherence to the internal policies of the bank and legislative/regulatory guidelines of relevant external authorities
  • Understanding of customers' needs and consistently striving to provide the highest standards of service, deliver on promises.

How you'll work

More than 5 years of relevant work

COMPETENCIES

Accuracy and Attention to Detail (Extensive Experience), Derivatives (Working Knowledge), Financial Mathematics (Working Knowledge), Modeling: Data, Process, Events, Objects (Working Knowledge), Problem Solving (Working Knowledge), Producing Results (Extensive Experience), Programming Languages (Working Knowledge), Teamwork (Working Knowledge)

Hiring process

2 steps2 interviews
  1. Application

  2. CV screening · With recruitment team

  3. Phone call

    With People & Culture team · Phone call · 20 min

    A short call about your motivation and the details of the role.

  4. Interviews

    Virtual or in-person conversations about your experience, expectations and the value you could bring.

  5. Background check

  6. Offer

  • Santander suggests exploring the company on its website and LinkedIn before applying.
  • The Spanish version of the page lists the same eight steps.

About Santander

Banco Santander is a global financial services group headquartered in Boadilla del Monte, Spain, and one of the largest banks in the eurozone by market value. It operates across retail and commercial banking, wealth management, and investment banking (through its CIB division, Santander Corporate & Investment Banking), with a strong focus on digital transformation and fintech innovation. The group serves over 160 million customers worldwide and employs more than 200,000 people, with a significant technology and operations hub in Spain.

In Spain, Santander is a dominant financial institution and a major employer of tech, data, and business talent, with its main technology and operations center in Boadilla del Monte (Madrid area) and additional offices in cities like Barcelona and Santander. The company is actively investing in AI, cybersecurity, and digital product development, making it a relevant destination for international professionals seeking roles in banking, engineering, and data. Its global scale and English-friendly corporate environment, especially in CIB and technology teams, offer strong opportunities for relocators.

Industry
Banking and Fintech
Founded
1857
Employees
100,000–500,000
Headquarters
Boadilla del Monte, Spain
In Spain
Boadilla del Monte, Madrid, Barcelona

Good to know if you are moving

  • Santander is headquartered in Boadilla del Monte, near Madrid, and offers a large, international work environment with English commonly used in tech and CIB roles.
  • The company has a strong commitment to digital transformation, with significant investment in AI, cybersecurity, and data engineering, creating opportunities for tech professionals.
  • Santander provides relocation support and has a diverse workforce, with employees from many nationalities, especially in its technology and operations centers.
  • The bank's global presence means opportunities for international mobility and career growth across its many subsidiaries.
  • Working at Santander in Spain offers a competitive salary and benefits package, including flexible working arrangements and professional development programs.

In their own words

About the company & team

Santander Corporate & Investment Banking is looking for a FIXED INCOME SR. QUANT, based in our BOADILLA DEL MONTE office.

Additional information

At Santander (www.santander.com) we are key players in the transformation of the financial sector. Do you want to join us?

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 customized services and value-added wholesale products to best meet their needs. We embrace a strong risk culture and all of our professionals at all levels are expected to take a proactive and responsible approach toward risk management.

Santander is proud of being an organization where there are equal opportunities regardless of gender identity, culture and disability. Our mission is to contribute to help more people and business prosper.

If you want to know more about us, follow us on https://es.linkedin.com/company/banco-santander

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