Asset Allocation Strategist Jr VPCountry: Spain

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 European Equity Research is looking for an Asset Allocation Strategist Jr VP based out of Boadilla del Monte

As an Asset Allocation Strategist (Junior VP), you will report directly to the Head of Asset Allocation and play a key role within the Asset Allocation research group. You will contribute to the definition and communication of cross-asset investment strategies for institutional and retail clients, working closely with senior stakeholders across Research, Sales, and Trading.

This role requires strong analytical capabilities, commercial mindset, and the ability to operate effectively in a fast-paced, market-driven environment.

We're shaping the way we work through innovation, cutting-edge technology, collaboration and the freedom to explore new ideas. To succeed in this role, you will be responsible for:

• Lead and contribute to the formulation of cross-asset allocation views (equities, fixed income, FX, commodities, alternatives)
• Conduct in-depth macroeconomic and market analysis to identify investment trends, risks, and relative value opportunities
• Produce high-quality research reports, market commentary, and thematic publications for clients
• Take ownership of asset allocation frameworks, model portfolios, and analytical tools
• Engage with institutional and retail clients through presentations, calls, and roadshows, supporting the distribution of research and investment ideas
• Collaborate closely with Sales and Trading teams to translate research into actionable strategies and client solutions

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

• 5-7 years of relevant experience in sell-side research, asset management, macro strategy, or related roles (Required)
• Proven track record in asset allocation, macro research, or cross-asset strategy is strongly preferred (Required)
• Experience interacting with clients and supporting commercial activities is a plus (Required)

Education

• Bachelor's or master's degree in finance, Economics, Engineering or a quantitative discipline. (Required)
• Progress toward CFA or similar certification is a plus (Required)

Languages

• Excellent written and verbal communication skills in English and Spanish (Required)

Hard Skills

• Strong and demonstrable understanding of macroeconomics and global financial markets (Required)
• Advanced analytical and quantitative skills; strong proficiency in Excel. (Required)
• Experience with Python or similar tools would be a plus. (Required)
• Familiarity with Bloomberg, Reuters, or other market data platforms. (Required)
• Experience with data visualization tools (e.g., Power BI, Tableau) is a plus (Preferred)
• Strong interest in global macro strategy and cross-asset investing. (Required)

Soft Skills

• Ability to translate complex analysis into clear, actionable investment ideas
• Strong presentation skills and confidence in client-facing situations
• High level of ownership, proactivity, and ability to work under pressure and tight deadlines

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.
• Flexibility that works. Enjoy a hybrid working models-some days remote, some days onsite with your team-along with flexible hours.
• 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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