Front Office XVA Quant – Quantitative Analyst

About the role

Join Santander Global Markets as a Front Office XVA Quant based in Madrid, Spain. You will be part of the XVA Quantitative Team, responsible for building and maintaining pricing and risk libraries that support trading, sales and risk functions across multiple asset classes.

Key responsibilities

• Design, develop and enhance pricing libraries covering mathematical modeling and software implementation.
• Build pricing, risk‑management and market‑making tools for trading desks.
• Extend existing quantitative frameworks to meet high‑quality standards.
• Create and maintain robust testing suites for quantitative libraries and tools.
• Produce clear mathematical and technical documentation for internal stakeholders.
• Collaborate with Trading, Sales and Risk teams to support their needs.

Required profile

• Bachelor’s degree in Engineering, Physics, Mathematics or a related quantitative discipline; MSc/PhD highly valued.
• Previous experience in a front‑office quantitative team is an advantage, though not mandatory.
• Fluent English required; Spanish preferred.

Required skills

• Strong programming skills in Python.
• Strong programming skills in C++.