Overview In this VP role, you will price, execute and hedge structured credit and hybrid transactions within a fast-growing general 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 Global 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)
🏢 Banco Santander
📍 Madrid