Overview In this VP role, you will price, execute and hedge structured credit and hybrid transactions within a fast-growing global trading franchise. You will actively manage risk across trading positions and mentor junior traders. You will enhance trading monitoring tools and contribute to new product development with Quants and Structurers.

The role sits in Santander CIBs Integral Markets, blending innovation with a strong risk culture. This is an opportunity to shape complex credit solutions in a dynamic, cross-functional environment.

Compensaciones / Beneficios hybrid working model global learning via SantanderOpen Academy competitive rewards and bonuses life insurance and preferential banking terms

BeHealthy wellness programme childcare support and family-friendly programmes

Responsabilidades Price, execute and hedge structured credit and hybrids transactions (incl. repacks and credit linked notes)

Dynamically risk manage trading positions

Train junior resources on the trading team

Maintain,



improve and create trading monitoring tools

Contribute to new product development with Quants, Structurers and Support/Control functions

Requisitos principales Minimum 4 years of experience in Credit, Hybrids, Structured Rates or XVA trading/structuring/quant roles

Bachelor/Master/PhD in Sciences or Economics/Statistics

Working English (required); Spanish or another European language a plus

Strong problem-solving skills

Familiarity with AI-augmented coding tools (preferred)

Team player

Entrepreneurial, delivery-oriented mindset

Ability to operate in a fast-paced trading environment

Team player

Entrepreneurial mindset

Delivery-oriented

Ability to operate in a fast-paced environment

Credit, Hybrids, Structured Rates or XVA trading/structuring/quant experience

AI-augmented coding tools (preferred)

📌 CIB CREDIT TRADING / STRUCTURED CREDIT TRADING (VP) (Madrid)
🏢 Grupo Santander
📍 Madrid