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 Fund Finance Analyst based in Madrid. As a Fund Finance Analyst, you will support senior team members in analysing, structuring and executing subscription line facilities, net asset value (NAV)-based financing and asset-based lending (ABL) transactions for private capital clients, including private credit, private equity and infrastructure funds, from origination to closing. The role offers exposure to international fund managers and hands-on learning across the transaction lifecycle.
We're shaping the way we work through innovation, cutting-edge technology, collaboration and the freedom to explore new ideas.
Responsibilities
To succeed in this role, you will be responsible for:
•Build and interpret financial and cash flow models, including downside sensitivities, and prepare credit papers and supporting materials for internal approval, under the guidance of senior team members.
•Support due diligence on fund structures, investors, uncalled capital commitments and fund documentation, as well as portfolio assets, cash flows and leverage for NAV and ABL transactions.
•Support the negotiation of financing documentation, coordinate NDAs and preliminary documentation with Legal, and assist with conditions precedent and internal processes through transaction closing.
•Prepare marketing materials, pitches and client analyses to support origination with fund managers and relationship teams.
•Maintain transaction pipelines and internal reporting, coordinate with relationship teams, and support portfolio monitoring, including borrowing base and covenant reviews.
•Work alongside Risk, Legal, Capital and Markets to support transaction structuring and the assessment of pricing, profitability and capital usage within Santander CIB's framework.
Requirements
•Solid grounding in financial analysis, credit fundamentals and capital structures (required); familiarity with fund structures and financing documentation is a plus, with product-specific knowledge developed on the job.
•Previous experience, including internships, in Fund Finance, Structured Finance, credit analysis, M&A, Private Equity, or related investment banking, fund or advisory roles (preferred).
Education
•Degree in Business Administration, Economics, Engineering, or a related discipline (required)
•Postgraduate studies, such as an MSc in Finance or MBA (will be considered a plus)
Languages
•Fluent English, written and spoken (required).
•Fluent Spanish, written and spoken (highly valued).
•Other languages (preferred).
Other skills
•Advanced Excel skills and the ability to prepare clear, accurate presentations in PowerPoint (required).
•Sound understanding of financial accounting and financial statements (required); familiarity with relevant regulatory frameworks is a plus.
•Ability to build and interpret financial and cash flow analyses in Excel (required); prior exposure to Fund Finance models is a plus.
•Strong problem-solving skills, attention to detail and a proactive mindset.
•Strong analytical skills, sound judgement and the ability to manage competing priorities.
•Clear written and verbal communication, teamwork and the ability to coordinate with internal and external stakeholders.
Benefits
•Your contribution matters, and it's recognized: a fair, competitive reward package that reflects the impact you create and the value you deliver.
•Flexibility that works: hybrid working model—some days remote, some days onsite with your team—along with flexible hours.
•Learning for life: access to hundreds of courses, including exclusive access to the global learning space Santander Open Academy (www.santanderopenacademy.com).
•Competitive rewards: highly competitive salary with performance-based bonuses.
•Financial advantages: preferential banking terms, special interest rates on loans, life insurance, and more.
•Health priority: BeHealthy, a global wellness programme promoting holistic wellbeing.
•Family support: childcare support and family-friendly programmes tailored to each life stage.
•Santander Contigo: a program for employees and their families offering legal, emotional, and administrative advisory services.
•Extra benefits: gym/WellHub membership, medical centers in some facilities, meal subsidy, parking, shuttle service from various points in Madrid, as well as exclusive discounts and offers for Santander employees.
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