Structured Finance Associate (Energy) - SCIB

Banco Santander SA; Madrid; On-site; EUR 60,000 - 100,000; Full time

Benefits offered by this job

Competitive rewards

BeHealthy program

Childcare support

Shuttle service Madrid

Meal subsidy

Employee discounts

Job summary

Banco Santander SA in Madrid is seeking an Associate for Structured Finance in Energy. You will support lending and debt advisory across Power and Renewables, build complex financial models, and help originate transactions.

The role requires 3–4 years in structured finance, strong English and Spanish, and a background in Engineering, Finance or Economics; MBA considered a plus. The team offers a rewarding environment with significant transactional exposure.

Qualifications

• 3–4 years of structured finance experience.
• Experience in renewable energy and energy transition.
• Understanding of non-recourse project finance.
• International experience is valued.

Responsibilities

• Support lending and debt advisory activities.
• Originate and execute opportunities in Power and Renewables.
• Prepare marketing and internal materials.
• Build complex financial models from scratch.
• Mentor junior team members on modelling.
• Assist with due diligence and transaction processes.

Skills

Financial modelling

Cash flow analysis

Debt structuring

Presentation skills

Structured finance

Team player

Education

Engineering degree

Finance degree

Economics degree

MBA

Tools

PowerPoint

Excel

Job description

Structured Finance Associate (Energy) - SCIB 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. Santander Corporate & Investment Banking 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 European Structured Finance Energy team is the front‑office origination and execution platform covering Power and Renewables financings across Europe. The team operates on a predominantly pan‑European basis, with potential involvement in selected global initiatives. Santander is consistently ranked #1 in Europe and top 3 globally in renewables structured finance. The platform covers both advisory and lending mandates, across a broad range of financing structures. We are seeking an Associate with a strong desire to contribute to the continued growth of our financing and debt advisory activities within the Energy transition space. 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:

Support both the lending and debt advisory segments of the business, including strategic planning, marketing, client engagement, and coordination with external advisors and partners.
To help senior members of the team to originate and execute financing opportunities across the Power and Renewable sectors.
Assist with business origination activities and preparation of top‑quality marketing and internal materials, both from a content and visual perspective.
Ability for building from scratch complex financial models is highly desirable, ensuring that accurately reflect transaction terms and due diligence inputs, running sensitivity analysis, and making adjustments as deals evolve.
To design new value‑added solutions, as the team progresses providing more complex structures.
Responsible for mentoring and developing more junior members of staff, primarily on financial modelling workstreams, providing constructive feedback on a formal and informal basis.
Support the execution of new and existing mandates across lending and advisory:

Advisory: Assist in structuring and placing debt financings, including financial modelling, coordination of due diligence providers and legal advisors, preparation of marketing materials (teasers, information memoranda), and overall process management.
Lending: Review due diligence materials, financial models and documentation, participate in negotiations with clients or their advisors, and support presentations to internal credit and pricing committees.

What you’ll bring

Professional Experience

Minimum 3-4 years of experience in structured finance, within advisory and/or lending. Strong expertise in renewable energy and the broader energy transition landscape. Solid understanding of legal frameworks and documentation typical in non‑recourse project finance. International experience is highly valued.

Education

Bachelor’s degree required (Engineering, Finance, Economics or related fields preferred). Postgraduate studies (MBA or equivalent) considered a plus.

Languages

Full professional proficiency in English and Spanish (mandatory). German, Italian or French is considered a plus.

Hard Skills

Deep sector knowledge in Energy and Infrastructure, supported by relevant deal experience. Strong structured finance fundamentals, including cash flow analysis and debt structuring (senior, HoldCo, subordinated). Experience drafting proposals and supporting business development efforts. Ability to review and build complex financial models. Excellent PowerPoint and presentation skills. Sound understanding of debt, equity and derivative markets.

Soft Skills

Strong written and verbal communication skills, with the ability to present complex topics to senior audiences. Proactive mindset, strong execution focus and ability to perform in a demanding environment. Team‑oriented.

We value your impact

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 centres 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.