Structured Finance Associate (Energy) - SCIB

santander; Madrid; On-site; EUR 90,000 - 130,000; Full time

Job summary

Santander Corporate & Investment Banking is seeking a Structured Finance Associate (Energy) based in Madrid to support lending and debt advisory across Power and Renewable sectors. The role involves origination, financial modelling, due diligence coordination, and client engagement in a fast-moving European energy finance environment.

You will work with senior bankers to design structures, prepare materials, and execute transactions while mentoring junior staff and contributing to growth in the

Qualifications

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

Responsibilities

• Support lending and debt advisory across Power and Renewable sectors.
• Assist in origination and execution of financings; prepare marketing materials.
• Build complex financial models reflecting transaction terms and due diligence inputs.
• Mentor junior team members on financial modelling workstreams.

Skills

Financial modelling

Debt advisory

Lending

Client engagement

Renewables

Education

Bachelor's degree in Engineering

MBA or equivalent

Tools

Excel

PowerPoint

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 DIFFERENCE YOU MAKE

Santander Corporate & Investment Banking is looking for a Structured Finance Associate within The European Structured Finance Energy team based out of Madrid (Luca de Tena office)

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

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 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