Vice President, Quantitative Analyst – FX Options | SCIB

Overview

In this role you will advance the FX derivatives pricing and risk framework within Santander’s Front Office Quant group. You’ll develop, extend, and maintain FX model libraries and pricing engines, working closely with traders, sales, and regional quant teams to translate modelling assumptions into practical tools. You will also design APIs and improve risk analytics, contributing to a scalable, high-quality quantitative platform that supports global FX products. This is a hands-on opportunity to shape pricing and risk capabilities in a fast-paced, international setting.

Pay / Benefits

• discretionary performance-related bonus
• pension contributions (8% or more)
• 30 days holiday (31 after 5 years)
• private medical insurance
• family health benefits
• share plans

Responsibilities

• Develop and maintain FX model libraries and pricing/risk engines
• Extend models to incorporate interest rate volatility and other risks
• Design and implement APIs for pricing libraries
• Develop and optimise quantitative algorithms
• Collaborate with traders, sales and risk teams across geographies
• Improve testing processes and document quantitative methods for internal stakeholders
• Provide mathematical and technical documentation and support to stakeholders

Key requirements

• 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
• Strong problem-solving abilities and innovative thinking
• Knowledge of options pricing theory, probability theory and stochastic processes
• Ability to work under pressure and communicate effectively

• Interpersonal and communication skills
• Creative thinking
• Decision-making under pressure
• C++
• Python
• options pricing theory

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