CIB Asset Backed Securities, Analyst

santander; España; On-site; EUR 98,000 - 120,000; Full time

Benefits offered by this job

Santander Benefits

Job summary

Santander is seeking an Asset Backed Securities Analyst to join the Securitized Product Group. You will support origination, structuring, and execution across consumer and commercial ABS, leveraging strong analytical and modeling skills.

The role requires experience in securitized products and a solid understanding of cash flow mechanics, rating methodologies, and market dynamics. Collaboration across teams is essential for success.

Qualifications

• Bachelor's degree in Finance, Economics, Business, Mathematics, or a related quantitative discipline.
• Minimum 1 year of experience in securitized products, structured finance, asset-backed securities, or related capital markets disciplines.
• Strong financial modeling and analytical skills.
• Proficiency with Excel and structured finance tools such as Intex and CAS.

Responsibilities

• Analyze collateral performance data, historical asset performance, collateral tapes, and comparable transactions.
• Build and maintain financial models to project cash flows, evaluate structures, and run scenario analyses.
• Develop knowledge of rating agency methodologies, credit considerations, and market developments across securitized products sectors.
• Support the execution of securitization and structured finance transactions from origination through closing.
• Coordinate with rating agencies, investors, accounting firms, trustees, and legal counsel.
• Partner with Risk, Syndicate, Legal, Compliance, and Operations teams.

Skills

Financial modeling

Collateral analysis

Structured finance

Presentation skills

Attention to detail

Team collaboration

Analytical thinking

Education

Bachelor's degree in Finance/Economics/Business/Mathematics

Advanced degree or professional designation (a plus)

Tools

Excel

Intex

CAS

Job description

CIB Asset Backed Securities, Analyst

Country: United States of America

It Starts Here:

Santander is a global leader and innovator in the financial services industry and is evolving from a high-impact brand into a technology-driven organization. Our people are at the heart of this journey and 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.

The Difference You Make:

Santander is a global leader in financial services, committed to helping people and businesses prosper. We believe our employees are our greatest asset and foster a culture that supports continuous learning, professional development, collaboration, and innovation.

Join a diverse and talented team where you will have the opportunity to work on complex transactions, build meaningful relationships across the industry, and contribute to the growth of our Asset-Backed Securities platform.

Job Overview

The Asset Backed Securities (ABS) Analyst will be a key member of the Securitized Product Group (SPG) team, supporting the origination, structuring, and execution of asset-backed financing and capital markets transactions across a broad range of securitized product sectors, including consumer and commercial ABS, and esoteric asset classes.

The successful candidate will combine strong analytical capabilities with transaction execution experience and an understanding of structured finance markets.

Key Responsibilities

• Analyze collateral performance data, historical asset performance, collateral tapes, and comparable transactions
• Build and maintain financial models to project cash flows, evaluate transaction structures, and perform scenario and sensitivity analyses
• Develop and maintain knowledge of rating agency methodologies, credit considerations, and market developments across securitized products sectors
• Support the execution of securitization and structured finance transactions from origination through closing
• Coordinate with external stakeholders, including rating agencies, investors, accounting firms, trustees, and legal counsel
• Partner with internal teams, including Risk, Syndicate, Legal, Compliance, and Operations
• Review transaction documentation, including credit agreements, offering memoranda, indentures, and related legal documents
• Prepare internal credit memoranda, client presentations, marketing materials, and pitch books
• Assist with transaction structuring, due diligence, and investor communication efforts
• Monitor market trends and provide analytical support for new business opportunities

What You Bring

Education

• Bachelor's degree in Finance, Economics, Business, Mathematics, or a related quantitative discipline
• Advanced degree or relevant professional designation is a plus

Experience

• Minimum of 1 years of experience in securitized products, structured finance, asset-backed securities, or related capital markets disciplines
• Experience supporting the execution of ABS or other structured finance transactions preferred

  Skills & Competencies

  • Strong financial modeling and analytical skills, with experience evaluating structured finance transactions
  • Experience analyzing asset-backed collateral performance and credit fundamentals
  • Proficiency with Excel and structured finance analytical tools, including Intex and CAS
  • Strong understanding of securitization structures, cash flow mechanics, and capital markets execution
  • Excellent written, verbal, and presentation skills
  • Ability to manage multiple priorities and deadlines in a fast-paced environment
  • Strong attention to detail and problem‑solving capabilities
  • Self‑motivated team player with the ability to work independently and collaboratively across functions

  Work Authorization & Sponsorship

  Applicants must be legally authorized to work in the United States on a full‑time basis without requiring employer sponsorship to commence employment.

  What Else You Need To Know

  The base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non‑exempt), the annual range is based on a 40‑hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.

  Base Pay Range:

  • Minimum: $110,000.00 USD
  • Maximum: $135,000.00 USD

  We Value Your Impact

  Your contribution matters and it's recognized. You can expect a fair and competitive rewards package that reflects the impact you create and the value you deliver. We know rewards go beyond numbers. Offering more than just a paycheck our benefits are designed to support you, your family and your well‑being, now and into the future. Santander Benefits - 2026 Santander OnGoing/NH eGuide (foleon.com)

  Risk Culture

  We embrace a strong risk culture and all of our professionals at all levels are