Description

WHO WE ARE

Quanteam Group is a Consulting firm specialised in the Capital Markets industry, in Paris, London, Brussels, New York and North Africa.

Since 2007, our 800 consultants provide major clients (Corporate & Investment Banks, Asset Managers, Hedge Funds, Brokers and Insurance Companies) with expertise in several projects such as Financial Engineering, Quantitative Research, Regulatory Implementation, IT Transformation & Innovation.

The firm mainly takes part in:

• Business consulting: Quantitative research, Risk management (e.g. Market risk, credit risk, counterparty risk), Banking regulations (e.g. Basel III, Solvency II, FATCA, EMIR, MiFID), Pricing & Valuation, Organisational Transformation & Process Improvement.
• IT & Information systems consulting: Business Analysis, Project Management, Change management, Front Office Support (functional and technical), Development (e.g C++, Python, C#, Java, VBA), Financial Softwares (e.g. Sophis, Murex, Summit, Calypso), IT Transformation & Innovation.

As part of Quanteam Group, Quanteam UK (incorporated in 2010) has today more than 80 consultants, working for major Capital Markets institutions in London.

CLIENT & ROLE

Santander Global Technology is seeking a profile for the Markets area, specifically supporting the FX (Foreign Exchange) and Options (vanilla & exotic) desks. The program follows an agile delivery model, working closely with Trading and Quant teams, combining strong technical and functional expertise to ensure high-quality deliverables aligned across all geographies.

As an FX Analyst, you will own the definition and analysis of business requirements, driving robust, scalable solutions within a consolidated agile team. This is an exciting opportunity to build and evolve capabilities that keep the FX and Options business competitive. The role blends technical knowledge (in-house valuation architecture, market data integration, distributed pricing) and deep functional expertise in linear and non-linear FX and Options instruments and their pricing.

Core Responsibilities:

• Gather, structure, and prioritize business requirements from Trading, Quants and other teams (FX Cash & Options).

• Document end-to-end trade lifecycle: capture, pricing, booking, risk, lifecycle events (fixings, expiries, exercises, barrier monitoring).

• Analyze and classify errors from logs (MxML Exchange, pricing engines, market data loaders).

• Execute and document recovery procedures (reprocessing, feed replay, lifecycle event

• resynchronization).

• Align pricing models with internal architecture (Black-Scholes, Local Vol, Stochastic Vol: Heston/SABR; smile/skew treatment; correlation and forward points).

• Partner with Quants to integrate pricing engines and market data (FX forward curves, interest rate curves, volatility surfaces, correlation matrices).

• Produce and validate functional specifications for enhancements (risk views, Greeks, scenario analytics, P&L explain).

• Coordinate UAT including edge cases for exotics (knock-in/out, digitals, touch, quanto, multiasset).

• Escalate issues to Murex support when beyond internal scope.

Technical Skills Required:

• Murex technical knowledge: Services and other technical modules.

• Murex Flexible API / MxML Exchange

• Scripting (Python / Shell (bash), Unix) for log parsing and diagnostic utilities.

• Basic SQL for consistency queries (trades, market data snapshots)

• Technical Skills Optional but valuable:

• Technical knowledge about parallel computing and evaluation (AWS/Azure)

• Jira / Confluence (requirements & incident management).

• Log & monitoring tools (Grafana, Elastic, Kibana)

• Support valuation tests and model comparisons4

Functional Required Knowledge: (Mandatory)

• FX Products: Spot, Forward, FX Swap, NDF, NDS, multi-leg structures.

• Vanilla Options: European/American, implied volatility, smile dynamics.

• Exotic Options: Barrier (Up/Down In/Out), Digital, Touch/No-Touch, Asian, Cliquet, Quanto, Correlation, Structured combinations (Risk Reversals, Seagulls, Strangles, Straddles).

• Lifecycle events: fixings, premium, settlement, exercise windows, barrier observations.

• Greeks: Delta, Gamma, Vega, Theta, Rho, Vanna, Volga, Charm; intraday hedging implications.

• FX-specific risk: gap risk (barriers), correlation risk (quanto/multi-asset), carry and forward

• points, cross-currency parity impacts.

Soft Skills :

• Clear communication with both technical and non-technical stakeholders.

• Team Player and honest communication

• Value orientation: prioritize high impact deliverables (P&L / operational risk reduction).

• Structured analytical thinking: challenge assumptions; validate coherence across data, models,

• and outputs.

• Critical thinking, initiative, and proactive incident handling: anticipate dependencies, surface

• risks early, propose improvements before they become incidents; drive resolution without

• constant supervision.

• Proactive ownership and continuous improvement mindset.

• Collaboration across multicultural, multi region teams; adaptability to different communication

• styles.

Languages:

• English Fluent (minimum B2)

• Spanish will be a plus but not mandatory