Front Office XVA Quant
Country: 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
Santander Integral Markets
is looking for a
Front Office XVA Quant
based out of
Madrid, Spain.
As a member of the XVA Quantitative Team, you will primarily be responsible for developing, enhancing, and maintaining pricing libraries across all asset classes and use cases.
We're
shaping the way we work
through innovation, cutting-edge technology, collaboration and the freedom to explore new ideas. To succeed in this role, you will be responsible for:
Contribute actively to the design and implementation of our pricing and risk libraries, covering both mathematical modeling and software development.
Build pricing, risk-management, and market-making tools for our trading desks.




Enhance and extend existing quantitative frameworks and tools to meet the highest quality standards.
Develop, improve, and maintain robust testing for our quantitative libraries and tools.
Produce clear mathematical and technical documentation for internal stakeholders.
Partner with and support Trading, Sales, and Risk teams.
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
No specific professional experience is required, but previous experience in a front-office quantitative team is an advantage.
Education
Bachelor's degree or equivalent in Engineering, Physics, Mathematics, or another quantitative discipline.
MSc and/or PhD (or equivalent) is highly valuable.
Languages
English (Required)
Spanish (Preferred)
Hard Skills
Strong programming skills in languages such as Python and C++.
Foundational knowledge of fixed income derivatives.
Solid understanding of options pricing theory,



quantitative modeling, and probability theory.
Soft Skills
Critical thinker with the ability to break down complex problems, challenge assumptions, and develop creative solutions.
Excellent written and verbal communication skills, with the ability to explain technical findings to non-technical stakeholders.
Collaborate with world-class quants in a supportive, innovative environment, with a hands-on, practical approach.
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-friendly programmes tailored to each life stage.
Always by your side.
Get access to
Santander Contigo
, our program for employees an

📌 Front Office Xva Quant (Málaga)
🏢 Banco Santander
📍 Málaga