Front Office XVA Quant

Your contribution matters, and it's recognized. You can expect a fair, competitive reward package that reflects the impact you create and the value you deliver. But we know rewards go beyond numbers.

• We're enable our teams to go beyond through global opportunities and broad career paths.

• Learning for life. Access hundreds of courses on our platforms, including exclusive access to our global learning space: Santander Open Academy (www.santanderopenacademy.com)

• Competitive rewards. Receive a highly competitive salary with performance-based bonuses, motivating you to keep growing with us.

• Financial advantages. Benefit from preferential banking terms, special interest rates on loans, life insurance, and more.

• Your health is our priority. Through BeHealthy, our global wellness programme, we promote Holistic wellbeing.

• We know family is everything. That's why we offer childcare support and family-friendly programmes tailored to each life stage.

• Always by your side. Get access to Santander Contigo, our program for employees and their families offering legal, emotional, and administrative advisory services.

• Extra benefits. Gym/WellHub membership, medical centers in some of our facilities, meal subsidy, parking, shuttle service from various points in Madrid, as well as exclusive discounts and offers for Santander employees. And that's only the beginning-we'll tell you more when you join!

We're here to keep you motivated, help you reach your goals, and celebrate your progress, every step of the way.

Front Office XVA Quant - SCIBCountry: Spain

Santander Global Markets is looking for a Front Office XVA Quant based out of Madrid, Spain.

As a member of the XVA Quantitative Team, you will primarily be responsible for developing, enhancing, and maintaining pricing libraries across all asset classes and use cases.

We're shaping the way we work through innovation, cutting-edge technology, collaboration and the freedom to explore new ideas. To succeed in this role, you will be responsible for:

• Contribute actively to the design and implementation of our pricing and risk libraries, covering both mathematical modeling and software development.

• Build pricing, risk-management, and market-making tools for our trading desks.

• Enhance and extend existing quantitative frameworks and tools to meet the highest quality standards.

• Develop, improve, and maintain robust testing for our quantitative libraries and tools.

• Produce clear mathematical and technical documentation for internal stakeholders.

• Partner with and support Trading, Sales, and Risk teams.

Our people are our greatest strength. Every individual contributes unique perspectives that make us stronger as a team and as an organization. We're 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. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Strong programming skills in languages such as Python and C++.

• Foundational knowledge of fixed income derivatives.

• Solid understanding of options pricing theory, quantitative modeling, and probability theory.

• Critical thinker with the ability to break down complex problems, challenge assumptions, and develop creative solutions.

• Excellent written and verbal communication skills, with the ability to explain technical findings to non-technical stakeholders.

• Collaborate with world-class quants in a supportive, innovative environment, with a hands-on, practical approach.

If this sounds like a role you are interested in, then please apply.