ECM M&A Analyst

Banco Santander SA; Madrid; Híbrido; EUR 90.000 - 120.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Gym/WellHub membership

Meal subsidy

Parking facilities

Shuttle service Madrid

Descripción de la vacante

Banco Santander SA in Madrid is seeking an ECM Analyst II to lead day-to-day execution of equity and equity-linked transactions, coordinating drafting sessions and managing transaction timetables. You will supervise junior analysts, review models and materials, and support pricing decisions in a fast-paced, high-visibility environment.

The role requires strong capital markets judgment, advanced Excel/PowerPoint skills, and proficiency with Bloomberg/Refinitiv/Dealogic.

Formación

• Bachelor’s degree in Business, Economics, Finance, Engineering or related discipline with strong academic performance
• Master’s degree in Finance or equivalent preferred
• CFA/ACA or similar professional qualification is a plus

Responsabilidades

• Lead day-to-day execution of equity and equity-linked transactions
• Coordinate drafting sessions (prospectus, offering circulars, investor presentations) and manage transaction timetables
• Supervise analysts and review financial models, valuation outputs and marketing materials
• Contribute to equity story positioning and investor targeting strategy
• Develop a strong understanding of investor behavior and bookbuilding mechanics
• Assess transaction risk profile and capital implications
• Prepare internal committee materials and support pricing decisions

Conocimientos

Financial modelling

Valuation

Equity markets

Excel & PowerPoint

Bloomberg/Refinitiv/Dealogic

Execution management

Educación

Bachelor’s in Business/ Economics/ Finance/ Engineering

Master in Finance or equivalent

CFA/ACA or similar (a plus)

Herramientas

Bloomberg

Refinitiv

Dealogic

Descripción del empleo

## ECM M&A AnalystCandidatar-selocations: Madridtime type: Tempo Integralposted on: Publicado hojejob requisition id: Req1591983ECM M&A AnalystCountry: Espanha**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****CIB** is looking for an **ECM Analyst II** based out of **Madrid.** You will play a central role in the origination and execution of equity and equity-linked transactions, taking ownership of key workstreams and acting as a critical link between clients, internal teams and external advisors.You will be actively involved in IPOs, rights issues, accelerated bookbuilds (ABBs), block trades, convertible bonds and public takeover advisory mandates.This role requires strong technical expertise, capital markets judgment, execution discipline and the ability to operate effectively in fast-paced, high-visibility situations.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:**Transaction Execution Leadership**• Lead day-to-day execution of equity and equity-linked transactions• Take ownership of specific workstreams, ensuring timely and high-quality delivery• Coordinate drafting sessions (prospectus, offering circulars, investor presentations, announcements)• Manage transaction timetables and ensure alignment across legal, auditors, client management and internal teams• Supervise analysts and review financial models, valuation outputs and marketing materials• Actively participate in structuring discussions and pricing strategy**Capital Markets & Investor Insight**• Conduct in-depth market analysis, including sector performance, valuation trends and window assessment• Contribute to equity story positioning and investor targeting strategy• Participate in pilot fishing, wall-crossing processes and investor education• Work closely with Equity Syndicate and Equity Sales to assess demand, orderbook dynamics and pricing considerations• Develop a strong understanding of investor behavior and bookbuilding mechanics**Financial & Valuation Expertise**• Build and review advanced financial models, including:• DCF and trading comparables• Discount to TERP analysis (rights issues)• EPS accretion/dilution modelling• Free float and liquidity analysis• Index inclusion impact• Convertible bond valuation basics• Perform comparative analysis across peers and market transactions• Support pricing decisions through sensitivity and scenario analysis**Origination & Commercial Support**• Support senior bankers in developing strategic capital markets ideas• Prepare high-quality pitch materials and sector updates• Monitor ECM activity and pipeline across sectors• Identify emerging opportunities and market themes• Contribute to strengthening client relationships and franchise positioning**Risk & Governance**• Prepare internal committee materials (risk, underwriting, capital allocation)• Assess transaction risk profile and capital implications• Contribute to internal budgeting and revenue tracking• Ensure strict compliance with regulatory and internal control frameworks**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**Minimum 2–3 years of experience in:* Investment Banking (Corporate finance preferred) (Required)* Equity Capital Markets (Required)* Equity Research, Asset Management or related capital markets roles (Required)* Demonstrated involvement in live equity or equity-linked transactions (Required)**Education*** Bachelor’s degree in Business, Economics, Finance, Engineering or related discipline with strong academic performance* Master’s degree in Finance or equivalent( Preferred)* CFA, ACA or similar professional qualification is a plus**Languages*** Excellent written and verbal communication skills in English (Spanish required) (Required)**Hard Skills*** Technical & Analytical. (Required)* Strong financial modelling and valuation capabilities. (Required)* Deep understanding of equity markets and transaction mechanics. (Required)* Advanced Excel and PowerPoint skills. (Required)* Proficiency in Bloomberg, Refinitiv, Dealogic and broker research. (Required)* Execution & Project Management. (Required)**Soft Skills*** Ability to manage multiple stakeholders and parallel workstreams* Strong attention to detail and commitment to excellence* Proven ability to perform under pressure and tight deadlines* Communication & Leadership* Ability to interact confidently with senior clients and internal stakeholders* Experience supervising junior team members* Strong team-oriented mindset* Strong interest in capital markets and equity products* Sound judgment on market timing and transaction positioning* High intellectual curiosity and commercial mindset* Proactive, accountable and solutions-oriented* Comfortable operating in high-visibility, time-sensitive situations**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.