Infrastructure Debt Advisory Analyst

Banco Santander SA; Spain; Hybrid; EUR 60,000 - 90,000; Full time

Benefits offered by this job

Hybrid working

Courses access

Competitive rewards with bonuses

Financial advantages including banking

BeHealthy wellness program

Childcare support

Employee assistance services

Job summary

Santander is seeking an Infrastructure Debt Advisory Analyst in Spain to build and review financial models, prepare client materials, and support live M&A and IPO processes. You will analyze energy and energy transition opportunities across EMEA, monitor market developments, and assist senior bankers with client dialogue and origination ideas.

Ideal candidates have 2–4 years in investment banking or related fields, a strong foundation in corporate finance, and fluency in English with additional

Qualifications

• 2–4 years of relevant experience in investment banking, Structured Finance, M&A or similar transaction environment
• Strong execution experience on live transactions and the ability to manage multiple workstreams under pressure
• Fluency in English (Required); other European languages are an advantage

Responsibilities

• Building and reviewing detailed financial models, including operating models, debt mechanics and sensitivities
• Preparing high-quality client materials such as pitch books and board materials
• Supporting live transaction execution across M&A and IPO processes with due diligence coordination
• Conducting sector and transaction analysis across EMEA energy and energy transition spaces
• Monitoring market developments, valuation trends and investor activity across key sub-sectors
• Supporting senior bankers on client dialogue, strategic analysis and origination ideas

Skills

Financial modelling

Accounting basics

Corporate finance

English language

Presentation skills

Education

Undergraduate degree

Tools

Bloomberg

Capital IQ

FactSet

Refinitiv

Mergermarket

Infralogic

Job description

Infrastructure Debt Advisory Analyst

Country: Spain 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.

Key Responsibilities

• Building and reviewing detailed financial models, including operating models, detailed debt mechanics and sensitivities
• Preparing high-quality client materials, including pitch books, strategic reviews, management presentations, information memoranda, board materials and internal approval documents
• Supporting live transaction execution across M&A and IPO processes, including due diligence coordination, workstream management and interaction with internal and external stakeholders
• Conducting detailed sector, company, investor and transaction analysis across the EMEA energy and energy transition space
• Monitoring market developments, valuation trends, regulatory themes and investor activity across key sub-sectors
• Supporting senior bankers on client dialogue, strategic analysis and origination ideas

What you’ll bring

• Professional Experience: 2–4 years of relevant experience in investment banking, Structured FInance, M&A or a similar transaction environment. Strong execution experience on live transactions and the ability to manage multiple workstreams under pressure.
• Education: Undergraduate degree from a top-tier university with a strong academic track record.
• Languages: Fluency in English (Required). Additional European languages are a strong advantage (Preferred).
• Hard Skills: Advanced financial modelling, with a strong grasp of accounting and corporate finance fundamentals (Required). Familiarity with Bloomberg, Capital IQ, FactSet, Refinitiv, Mergermarket, Infralogic or similar tools is desirable (Preferred).
• Soft Skills: Proven ability to produce high-quality client-facing materials, with excellent attention to detail and quality control. Strong interest in, and ideally prior exposure to infrastructure in EMEA. Strong analytical, communication and presentation skills.

Benefits & Perks

• Hybrid working: Some days remote, some days onsite with the team, along with flexible hours.
• 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.

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.