Job Description
IT STARTS HERE
Santander (www.santander.com) 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.
This is more than a strategic shift. It’s a chance for driven professionals to grow, learn, and make a real difference.
Our 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.
Santander 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.
THE DIFFERENCE YOU MAKE
Santander Corporate & Investment Banking (Santander CIB) is looking for a Global Head of FX Forwards based out of Madrid/London.
The Global Head of FX Forwards will lead the strategic development and growth of the global FX Forwards business, driving commercial performance across client segments while optimizing the use of the bank’s balance sheet. The role requires a strong technical background in FX and STIR products, combined with leadership capabilities, strategic vision, and the ability to build high-performing global teams.
We’re shaping the way we work through innovation, collaboration, and market expertise. To succeed in this role, you will be responsible for:
Define and execute the global growth strategy for the FX Forwards business.
Drive revenue growth through efficient balance sheet deployment and client expansion across segments and geographies.
Lead the commercial positioning of FX Forwards solutions across the franchise.
Partner closely with Trading, Sales, Treasury, Risk, and XVA teams to optimize funding, liquidity, and capital usage.
Strengthen the bank’s market positioning in FX and STIR products.
Develop and mentor global teams, fostering a collaborative and high-performance culture.
Build strong relationships with key internal and external stakeholders.
Ensure strong governance, risk management, and regulatory compliance standards.
WHAT YOU’LL BRING
Our 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.
The 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.
Professional Experience
Minimum 7–8 years of experience in a relevant tier-one banking institution
Extensive experience within Global Markets with deep expertise in FX and STIR products
Proven track record managing and growing a global FX or Markets business
Experience leading international teams in complex and regulated environments
Education
Degree in Finance, Economics, Engineering, Mathematics, or related disciplines
Postgraduate qualification or MBA (Preferred)
Languages
English fluent written and spoken
Spanish and any other additional languages are a plus
Hard Skills
Strong technical knowledge of FX products, STIR products, and funding dynamics
Understanding of balance sheet optimization, liquidity, capital, and XVA considerations
Strong analytical and strategic capabilities
Soft Skills
Strong communication and stakeholder management skills
Leadership and team development capabilities
Strategic mindset with strong execution focus
WE VALUE YOUR IMPACT
Your 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.
We’re enable our teams to go beyond through global opportunities and broad career paths.
Learning for life. Access hundreds of courses on our platforms, including exclusive access to our global learning space: Santander Open Academy (www.santanderopenacademy.com)
Competitive rewards. Receive a highly competitive salary with performance-based bonuses, motivating you to keep growing with us.
Financial advantages. Benefit from preferential banking terms, special interest rates on loans, life insurance, and more.
Your health is our priority. Through BeHealthy, our global wellness programme, we promote Holistic wellbeing.
We know family is everything. That’s why we offer childcare support and family-friendly programmes tailored to each life stage.
Always by your side. Get access to Santander Contigo, our program for employees and their families offering legal, emotional, and administrative advisory services.
Extra 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!
We’re here to keep you motivated, help you reach your goals, and celebrate your progress, every step of the way.
LOCAL COMPLIANCE
Santander 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.
WHAT TO DO NEXT
If this sounds like a role you are interested in, then please apply.
READY TO TAKE THE NEXT STEP IN YOUR JOURNEY?
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