Vice President – CIB XVA (Cross‑Asset XVA)

About the role

Santander is seeking a Vice President to lead its Corporate & Investment Banking (CIB) XVA team in New York. The role focuses on cross‑asset XVA pricing, risk management and portfolio optimisation for derivative transactions.

Key responsibilities

• Price and assess cross‑asset derivative transactions, incorporating CVA, DVA, FVA, MVA, ColVA and other XVA components.
• Monitor, analyse and hedge XVA exposures, managing market, credit, funding, margin and collateral risks.
• Partner with Trading, Sales and Structuring to evaluate transaction economics and explain XVA impacts to clients.
• Collaborate with Market Risk, Credit Risk, Finance and control functions to ensure compliance with risk limits, governance standards and US/EU regulatory requirements.
• Work with XVA Quant teams to support pricing methodologies, model enhancements and scenario analytics.
• Provide pricing, risk management and hedging support during New York trading hours, with occasional coverage for European transactions.
• Identify portfolio optimisation opportunities and contribute to process, analytics and system improvements.

Required profile

• Bachelor’s degree in Finance, Economics, Mathematics or a related field.
• Significant experience in XVA pricing, risk management or derivative analytics.
• Strong understanding of regulatory requirements in the US and Europe.

Required skills