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Derivatives Admission Specialist

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 CIB is looking for a DERIVATIVES ADMISSION SPECIALIST based out of Boadilla (Madrid). 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:

• Analyze new derivatives admission proposals from CCR and market risk perspective
• Analyze ISDA& CSA admission for corporates clients, giving a product opinion
• Analyze new products, tenor or underlying approval
• Analyze market risk limits approval
• Monitoring of the main product activities
• Define and implement product risk frameworks
• Relevant role in implementing new products for the new business initiatives
• Upgrade the current tools to evaluate and measure the different risk metrics (PFE, profitability, XVA...)

What you'll 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:

• Minimum 10 years of experience (Required)

Education:

• Bachelor's degree in Business Administration, Engineer, Physics, Maths. (Required)

Languages:

• Fluent English (Required)

Hard Skills:

• Product expertise in Equity and Commodities derivatives (Required)
• Advanced knowledge of financial markets, treasury products, Python, VBA (Required)
• Counterparty Credit Risk Model and Valuation knowledge (Required)
• Market Risk Model and Valuation knowledge (Required)

We value your impact:

• We're enabling our teams to go beyond through global opportunities and broad career paths.
• Flexibility that works. Enjoy a hybrid working model—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 programs 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:

If this sounds like a role you are interested in, then please apply.

Ready to take the next step in your journey?

#SCIB