Senior FX Quant: Pricing & Risk Modeler

Santander Group; City of Westminster; On-site; GBP 120,000 - 180,000; Full time

Benefits offered by this job

Discretionary bonus

Pension contributions (8% + employers’

Holiday entitlement 30 days (+5)} ,{

Private medical insurance

Life, income protection and critical-?

Job summary

Santander Group's FX Quants team in London develops and maintains pricing and risk models for complex FX products. You will extend models, design robust libraries, and work closely with traders, sales and risk teams across geographies to ensure accurate and timely valuations.

The role requires strong C++/Python programming, deep FX product knowledge and a mathematics-based degree. A proactive problem solver with clear communication is essential. Based in Triton Square, London.

Qualifications

• Experience in a quantitative role focusing on FX pricing and risk.
• In-depth knowledge of Foreign Exchange products and valuation.
• Excellent programming skills in C++ and Python.
• Higher qualification in a relevant mathematical based degree.
• An excellent problem solver who can contribute with innovative ideas.
• Knowledge of options pricing theory, quantitative models, probability theory and stochastic processes.
• Creative thinker, with the ability to make decisions quickly, often under pressure and with limited information.
• Well-developed interpersonal and communication skills.

Responsibilities

• Develop pricing and risk models for FX products and derivatives.
• Extend models to capture volatility risk and other market dynamics.
• Design and implement pricing libraries and APIs for trading desks.
• Develop and optimise algorithms and support testing of quantitative libraries.
• Provide mathematical and technical documentation to internal stakeholders.
• Collaborate with traders, sales and risk teams across geographies.

Skills

C++

Python

FX products

Quantitative modelling

Interpersonal skills

Problem solving

Education

Mathematics-based degree

PhD (nice to have)

Tools

Monte Carlo methods

PDE pricing engines

Job description

Santander Group's FX Quants team in London develops and maintains pricing and risk models for complex FX products. You will extend models, design robust libraries, and work closely with traders, sales and risk teams across geographies to ensure accurate and timely valuations.

The role requires strong C++/Python programming, deep FX product knowledge and a mathematics-based degree. A proactive problem solver with clear communication is essential. Based in Triton Square, London.