Front Office Rates Quant

Santander; Boadilla del Monte; Híbrido; EUR 60.000 - 80.000; Jornada completa

Descripción de la vacante

A global bank in Boadilla del Monte seeks a Front Office Rates Quant to develop and maintain pricing libraries for linear rates and inflation derivatives. This role involves contributing to the design of quantitative models and tools for trading desks across multiple global locations. Candidates should possess strong programming skills in Python and C++, along with a Bachelor’s degree in a quantitative discipline. The position offers competitive salaries, flexible working arrangements, and various employee benefits.

Servicios

Hybrid working model

Competitive salary

Performance-based bonuses

Flexible hours

Gym membership

Childcare support

Holistic wellness program

Formación

• 2+ years of experience in similar roles.
• Fluency in English is required.

Responsabilidades

• Design and implement pricing and risk libraries.
• Develop pricing and risk management tools for trading desks.
• Refine existing quantitative frameworks.

Conocimientos

Python

C++

Fixed income derivatives

Options pricing theory

Quantitative models

Probability theory

Optimization techniques

Critical thinking

Excellent verbal communication

Excellent written communication

Educación

Bachelor’s degree in Engineering, Physics, Mathematics or related field

MSc and / or PhD (or equivalent)

Descripción del empleo

Front Office Rates QuantCountry : Spain

IT STARTS HERE

Santander () is evolving from a global, high-impact brand into a technology-driven organization , and our people are at the heart of this journey. Together , we are driving a customer-centric transformation that values bold thinking, innovation , and the courage to challenge what’s possible.

This is more than a strategic shift. It’s a chance for driven professionals to grow, learn, and make a real difference .

Our mission is to contribute to help more people and businesses prosper . We embrace a strong risk culture and all our professionals at all levels are expected to take a proactive and responsible approach toward risk management.

Santander Corporate & Investment Banking (Santander CIB) 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.

THE DIFFERENCE YOU MAKE

We are thrilled to offer an exciting opportunity within our Front Office Linear Rates & Inflation Quant group as part of the Rates Quant Team, where we focus on developing pricing models and supporting Front Office trading desks with quantitative models and tools.

As a member of the Linear Rates & Inflation team, your primary focus will be on developing, extending, and maintaining pricing libraries for linear rates, bonds, inflation derivatives as well as curves calibration and optimization techniques.

This role offers the chance to work as part of a global team, supporting desks in Madrid, London, Mexico, New York, Hong Kong.. .

To succeed in this role, you will be responsible for :

• Actively contribute to the design and implementation of our pricing and risk libraries, both in mathematical modeling and implementation.
• Develop pricing, risk management, and market-making tools for our trading desks.
• Refine existing quantitative frameworks and tools to meet the highest quality standards.
• Develop, improve, and maintain the testing process in our quantitative libraries and tools.
• Write mathematical and technical documentation to internal stakeholders.
• Support Trading, Sales, and Risk areas

WHAT YOU’LL BRING

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.

Professional Experience

• years of experience in similar roles (Required)

Education

• Bachelor’s degree or equivalent in Engineering, Physics, Mathematics, or another quantitative discipline. (Required)
• MSc and / or PhD (or equivalent) is highly valuable. (Preferred)

Languages

• Fluent English (Required)

Hard Skills

• Proficiency in computer programming languages such as Python and C++. (Required)
• Basic knowledge of fixed income derivatives. (Required)
• Understanding of options pricing theory, quantitative models, and probability theory. (Required)
• Understanding of optimization techniques.
• Critical thinking, able to break down complex problems, test assumptions, and design creative solutions. (Required)
• Excellent written and verbal communication skills, including the ability to explain technical results to non-technical stakeholders. (Required)

WE VALUE YOUR IMPACT

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.
• Flexibility that works. Enjoy a hybrid working models —some days remote, some days onsite with your team—along with flexible hours.
• Learning for life . Access hundreds of courses on our platforms, including exclusive access to our global learning space : Santander Open Academy ()
• 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-friendlyprogrammes 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.

LOCAL COMPLIANCE

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.

WHAT TO DO NEXT

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