[PapaNew]

It's important to realize that by grace are you saved through faith; and that not of yourselves: it is the gift of God: not of works, lest any man should boast (Eph 2:8-9).

[JPX2011]

You need to read that passage in its entire context by adding verse 10: “For we are God’s handiwork, created in Christ Jesus to do good works, which God prepared in advance for us to do.”

Yes we are saved by God’s grace through our faith which leads to our baptism. But faith does not encompass all that is required for salvation. Baptism is required.