CIB Structured Finance Associate, Tax Equity

Santander US; New York (NY); On-site; USD 175,000 - 225,000; Full time

Job summary

Santander, a global financial services leader, seeks a Product Specialist - Structured Finance to join the Tax Equity Financing team. This role focuses on origination, execution, and day-to-day management of tax equity and tax credit transactions, contributing to profitability targets.

Responsibilities include preparing marketing materials, structuring deals, researching markets, and negotiating transaction documents with clients. A strong credit and analytical skillset is essential for success.

Qualifications

• Bachelor's Degree or equivalent work experience in Finance, Business, Accounting, Engineering, or Economics.
• 3+ years of relevant professional experience in commercial banking or finance with strong credit analysis.
• Exposure to thermal energy, oil and gas, midstream, renewable or infrastructure debt or equity transactions is preferred.

Responsibilities

• Prepare marketing materials and proposals, call on clients and present structuring concepts.
• Structuring transactions, conducting research and analysis of markets and transactions.
• Negotiate mandates, review legal documents and develop cash flow models for tax equity financing.
• Participate in transaction due diligence and contribute to strategic planning for the tax equity business.

Skills

Credit analysis

Financial modelling

Negotiation

Communication

Education

Bachelor's degree

Tools

MS Excel

MS Word

MS Outlook

Job description

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.

If you are interested in exploring the possibilities We Want to Talk to You!

The Difference You Make:

Structured Finance specializes in originating, advising, and structuring financing for specific large-scale, long-term projects for corporate and government clients. Projects can include energy exploration, production and transmission, Infrastructure, Digital Infrastructure, and Real Estate.

Within Structured Finance, the Tax Equity Financing business is responsible for proprietary tax equity investments and other tax credit financing transactions. The Product Specialist - Structured Finance - IC5 in the Tax Equity Financing business will be a member of deal teams leading the origination, execution and day-to-day and distribution/syndication of tax equity and tax credit financing transactions that meet Santander’s profitability and risk targets and support the firm’s strategic objectives:

• preparation of marketing materials and proposals calling on clients, making presentations structuring transactions, research, analysis of existing or potential transactions and/or industries negotiating mandates reviewing legal documents and negotiating transactions with clients, analyzing various risks and preparing credit applications and the development of cash flow models Participates in transaction due diligence Researching and analyzing industries and market data Participating in strategic planning and business management for the tax equity business

What You Bring:

• Bachelor's Degree or equivalent work experience in Finance, Business, Accounting, Engineering, or Economics or equivalent work experience 3+ years of relevant professional work experience Between 1-3+ years of experience in commercial banking or finance industry with strong credit analysis experience. Exposure in thermal energy, oil and gas, midstream, renewable or infrastructure debt or equity transactions is preferred but not required depending on credit analysis or prior project finance experience. Significant experience in the analysis and structuring of highly complex transactions, including project-oriented energy financings Must have exposure to analyzing and negotiating transaction documents Must have detailed direct experience of modelling and execution tax equity financing transactions in respect of both Investment and Production tax credits Ability to influence and drive complex initiatives and manage logistics with internal stakeholders Strong credit and risk analysis skills Ability to travel as required Strong analytical / problem solving skills Strong relationship management and negotiation skills Excellent written and verbal communications skills Superior organizational and time management skills with the ability to efficiently work on several priorities at a time Ability to work in a fast-paced environment with little supervision Proficiency in Microsoft office products - Word, Excel and Outlook.

Certifications:

• No Certifications listed for this job.

It Would Be Nice For You To Have:

• Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.

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:

$175,000.00 USD

Maximum:

$225,000.00 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 expected to take a proactive and responsible approach toward risk management.

EEO Statement:

At Santander, we value and respect differences in our workforce. We actively encourage everyone to apply. Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status or any other characteristic protected by law.

Working Conditions:

Frequent minimal physical effort such as sitting, standingand walking is required for this role. Depending on location, occasional moving and lifting light equipment and/or furniture may be required.

Employer Rights:

This job description does not list all of the job duties of the job. You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. This job description is not a contract for employment and either you or the employer may terminate your employment at any time for any reason.

We are committed to providing an inclusive and accessible application process for all candidates. If you require any assistance or accommodation due to a disability or any other reason, please contact us at [e-mail] to discuss your needs.