Global Head of FX Forwards

Global Head of FX Forwards Country:
SpainIT STARTS HERESantander (  ) 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 MAKESantander 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 BRINGOur 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 focusWE 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…