Linear Rates Quant (Associate Level)
9 days ago
Boadilla del Monte
ph3IT STARTS HERE /h3 pSantander ( 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. /p pThis is more than a strategic shift. It’s a chance for driven professionals to grow, learn, and make a real difference. /p pOur 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. /p pSantander 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. /p h3THE DIFFERENCE YOU MAKE /h3 pSantander CIB is looking for a Linear Rates Quant (Associate Level) based out of Madrid. The Front Office Quant area is in charge of the development of the pricing and risk models, as well as the pricing tools for Sales and trading teams. As part of the “Linear Rates Inflation Products Quants” team, the focus of this position will be on the development of the pricing libraries for Linear Rates models as well as the curves library. /p pWe are looking for a talented and motivated Inflation Quantitative Analyst to join our Quantitative Products team. The successful candidate will focus on the development, implementation, and maintenance of pricing analytics and curve construction frameworks for Linear products, with a particular emphasis on Bonds pricing. This is a high-impact role working at the intersection of research, technology, and trading. /p h3Responsibilities /h3 pWe’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: /p ul liDevelop, implement, and maintain pricing analytics for Linear Rates and Inflation products, with a focus on swaps and bonds. /li liContribute to the build‑out of the new linear quant library in Rust and its Python APIs for front‑office usage. /li liMaintain and enhance legacy C++ pricing components, and support migration/interoperability between C++ and Rust libraries. /li liDesign and improve curve construction frameworks used in pricing and risk. /li liPartner closely with Trading, Sales, Structuring, and Technology to deliver robust, production‑ready analytics and tools. /li liInvestigate pricing/risk discrepancies, perform root‑cause analysis, and deliver high‑quality fixes under business timelines. /li liSupport model governance through testing, documentation, and validation‑oriented deliverables. /li /ul h3What You’ll Bring /h3 pOur 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. /p pThe 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. /p h3Professional Experience /h3 ul li2–5 years of relevant experience in Front Office Quant, Quant Developer, or Financial Engineering roles in Rates and/or Inflation. (Required) /li liHands‑on experience delivering pricing analytics and/or curve construction for linear fixed‑income products (e.g., swaps, bonds) in production environments. (Required) /li liExperience modernizing quant libraries (e.g., introducing new libraries/APIs while supporting legacy codebases) in collaboration with trading and technology teams. (Preferred) /li /ul h3Education /h3 ul liMaster’s degree in a quantitative discipline such as Quantitative Finance, Financial Engineering, Mathematics, Physics, Statistics, or Computer Science. (Required) /li liPhD in a quantitative field and/or relevant industry certifications (e.g., CQF, FRM) (Preferred) /li /ul h3Languages /h3 ul liEnglish (Required) /li liSpanish (Preferred) /li /ul h3Hard Skills /h3 ul liStrong software engineering skills in Rust and Python (including API design/integration), plus solid C++ knowledge to support and evolve legacy quant libraries (Required) /li liStrong understanding of fixed‑income quantitative methods: curve bootstrapping/construction, discounting/forwarding frameworks, and pricing/risk of linear rates and inflation products. (Required) /li liExperience with performance optimization, numerical robustness, testing frameworks, and production support/monitoring in front‑office analytics platforms. (Preferred) /li /ul h3Soft Skills /h3 ul liExcellent communication skills, with the ability to explain quantitative and technical topics clearly to traders, quants, and engineers. /li liStrong collaboration skills and a pragmatic, team‑oriented approach across Front Office, Risk, and Technology stakeholders. /li liHigh ownership, attention to detail, and problem‑solving mindset, with the ability to prioritize effectively in a fast‑paced environment. /li /ul h3WE VALUE YOUR IMPACT /h3 pYour 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. /p ul liWe’re enable our teams to go beyond through global opportunities and broad career paths. /li liFlexibility that works. Enjoy a hybrid working models—some days remote, some days onsite with your team—along with flexible hours. /li liLearning for life. Access hundreds of courses on our platforms, including exclusive access to our global learning space: Santander Open Academy ( /li liCompetitive rewards. Receive a highly competitive salary with performance‑based bonuses, motivating you to keep growing with us. /li liFinancial advantages. Benefit from preferential banking terms, special interest rates on loans, life insurance, and more. /li liYour health is our priority. Through BeHealthy, our global wellness programme, we promote Holistic wellbeing. /li liWe know family is everything. That’s why we offer childcare support and family‑friendly programmes tailored to each life stage. /li liAlways by your side. Get access to Santander Contigo, our program for employees and their families offering legal, emotional, and administrative advisory services. /li liExtra 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! /li /ul pWe’re here to keep you motivated, help you reach your goals, and celebrate your progress, every step of the way. /p h3LOCAL COMPLIANCE /h3 pSantander 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. /p /p #J-18808-Ljbffr