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
Santander Corporate & Investment Banking is looking for a M&A Analyst (Infrastructure & Industrials) based out of Luca de Tena office (Madrid)
This is an opportunity to work on high-profile transactions across EMEA. The team advises leading corporates, utilities, infrastructure funds, private equity sponsors and other financial investors on complex strategic situations, including M&A, IPOs and other equity-related transactions.
At Santander CIB, you will be part of a leading global investment banking platform advising sophisticated corporate and institutional clients on some of the most relevant transactions in the market. You will gain meaningful exposure to live deals, work closely with senior bankers, and build your career in one of the most dynamic sectors in EMEA. You can expect:
Meaningful deal exposure: Work on live, complex transactions from day one, with real responsibility on core analytical and execution workstreams
Senior access and mentorship: Work closely with senior bankers and experienced deal teams
Cross‑border perspective: Collaborate with colleagues across EMEA and product partners to deliver integrated advice to corporates and financial sponsors
As an Analyst, you will support both origination and live execution across a wide range of transactions, with increasing ownership of core analytical and execution workstreams.
Your responsibilities will include:
Building and reviewing detailed financial models, including operating models, DCFs, merger and accretion / dilution analyses, valuation frameworks, and sensitivities
Performing valuation work using DCF, trading comparables, precedent transactions and other relevant sector-specific approaches
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 EMEA
Monitoring market developments, valuation trends, regulatory themes and investor activity across key sub-sectors
Strong interest in, and ideally prior exposure to, the infrastructure and/or industrials sectors in EMEA
Supporting senior bankers on client dialogue, strategic analysis and origination ideas
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
2–4 years of relevant experience in investment banking, M&A, ECM / IPO advisory 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 and Spanish (Required)
Additional European languages (Preferred)
Hard Skills
Advanced financial modelling and valuation skills, with a strong grasp of accounting and corporate finance fundamentals
Proven ability to produce high-quality client-facing materials, with excellent attention to detail and quality control
Familiarity with Bloomberg, Capital IQ, FactSet, Refinitiv, Mergermarket, Infralogic or similar tools (Preferred)
Soft Skills
Strong analytical, communication and presentation skills
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.
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.
READY TO TAKE THE NEXT STEP IN YOUR JOURNEY?
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