SCIB VP, Credit Structuring

Credit Structuring is responsible for the design and execution of bespoke investment, funding, hedging and risk management solutions across a broad range of credit products. The team delivers tailored solutions to institutional and corporate clients, including Repacks, Credit Linked Notes (CLNs), CVA Notes, CIMA issuance structures, Risk Participation Agreements, bespoke credit derivatives, insurance solutions, cross-border funding structures, back-leverage solutions and bond-related hedging strategies. Working closely with Sales, DCM, Risk and Legal teams, Credit Structuring combines market expertise, regulatory insight and innovative product development to provide capital-efficient and client-focused solutions across the UK and Europe. Key activities The Vice President within Public Side Structuring will lead the credit structuring angle across a diverse range of transactions and client solutions. The role focuses on originating, structuring and executing bespoke credit and risk management strategies for institutional clients, including insurers, pension funds, multinational corporates, financial institutions and endowments.,

• Structuring and executing bespoke credit solutions, funding transactions and hedging strategies tailored to client requirements.
• Developing and presenting innovative credit and capital-efficient solutions under Solvency II, internal model frameworks and broader prudential regulation.
• Providing expertise across credit products, pricing, trade analytics, trade management and solution design for UK and European institutional clients.
• Supporting client engagement through idea generation, bespoke pitches and transaction execution.
• Building and maintaining strong relationships with institutional investors, insurers, pension clients and corporate counterparties.
• Collaborating closely with internal stakeholders including Bankers, DCM Originators, Derivatives Marketers, Credit Risk, Methodology and Legal teams across Europe and LatAm.
• Monitoring regulatory and market developments, including EIOPA, PRA, TPR consultations, ESG developments and benchmark reforms, and incorporating these into client solutions.
• Developing analytical tools and frameworks to support client-specific asset-liability management and funding proposals.
• Contributing to the growth and positioning of Santander's Global Banking & Markets franchise through commercial and innovative structuring capabilities.
  
  The successful candidate will demonstrate strong commercial acumen, creativity, entrepreneurial mindset and the ability to manage complex transactions in a client-focused environment., CISI Regulatory, Securities and Derivatives Modules essential.
• Strong understanding of credit pricing theory and its practical application.
• Detailed knowledge of the full suite of credit derivative products.
• Good understanding of accounting principles relevant to credit derivatives and structured solutions.
• Strong knowledge of credit risk and derivative risk calculations.
• Understanding of regulatory developments impacting institutional clients, including Solvency II, PRA, EIOPA, TPR, ESG and market reforms.
• Excellent analytical, problem-solving and quantitative skills.
• Strong written and verbal communication skills with the ability to present complex concepts clearly to clients and internal stakeholders.
• Ability to manage multiple transactions and stakeholders in a fast-paced environment.
• Educated to degree level in a relevant discipline such as Finance, Mathematics, Engineering, Economics or a related quantitative subject (preferred)
• Additional European language skills are advantageous, particularly German, French, Italian or Spanish.
  
  As well as a competitive salary, you'll enjoy a benefits package that you can tailor to your needs.
• Eligible for a discretionary performance-related annual bonus
• Pension with generous contributions of up to 12.5% from Santander, depending on your own contribution and length of employment with us
• 30 days holiday plus bank holidays, with the option to purchase up to 5 contractual days per year
• Company funded individual private medical insurance
• Voluntary healthcare benefits at discounted rates such as private medical insurance for your family, dental insurance, healthcare cash plan and health assessments
• Benefits supporting you and your family, such as death-in-service benefit, income protection, and voluntary life assurance and critical illness cover
• Share in Santander's success by investing in our Sharesave and Partnership shares plans