Professional for Infrastructure fund
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.
Santander Alternative Investments (SAI) is a growing business that started almost three years ago, with c€3bn in commitments across its core strategies The business is focused on three areas, infrastructure, private credit and real estate in which our goal is to develop funds where we have a clear competitive advantage to generate alpha for our institutional and UHNWI clients.
We are proud of being an organisation where there are equal opportunities regardless of gender identity, culture or disability. Our mission is to help more people and businesses prosper. We embrace a strong risk culture and expect all professionals at all levels to take a proactive and responsible approach toward risk management.
THE DIFFERENCE YOU MAKE
Santander Alternative Investments (SAI) is looking for an Professional for Infrastructure fund based out of MADRID.
As a Professional for Infrastructure fund within the Targeted Enhanced-Yield Infra Debt Fund, you will play a pivotal role in the origination, execution, and management of global infrastructure and energy private credit high-yield investments. You will be expected to independently originate and analyze investment opportunities, structure and negotiate transactions, conduct comprehensive financial, ESG, and legal reviews, and manage investments (including formulating and presenting proposals to the investment committee of the fund). Collaborating closely with senior management, you will contribute to the implementation of the fund’s strategy, ensuring disciplined risk management and sustainable value creation. Furthermore, you will play a key part in portfolio monitoring, investor reporting, and maintaining strong relationships with sponsors, advisors, counterparties and institutional clients.
We need someone like you to help us in the following areas:
- Originate, and preliminary evaluate investment opportunities in the infrastructure and energy high yield private credit markets, leveraging relationships mainly with companies, complemented with advisors, banks, and asset managers across geographies.
- Undertake the preliminary structuring and perform detailed credit, business model, and risk analyses of transactions, taking primary responsibility for drafting and preparing screening materials, investment committee memorandum, and related documentation.
- Conduct comprehensive due diligence processes, including financial modelling, legal review, ESG assessments, and analysis of technical, regulatory, and market risks, ensuring robust and well-documented investment recommendations.
- Perform detailed cash flow modelling and cash extraction analysis to evaluate debt service capacity, downside scenarios, and overall investment resilience.
- Prepare materials for investment committee
- Drive the execution of approved transactions, leading negotiations of term sheets, financing agreements, and ancillary legal documentation, while coordinating with internal and external stakeholders.
- Implement and monitor Investment Committee decisions across the daily activities of the fund, ensuring timely and accurate execution.
- Actively contribute to the ongoing monitoring of portfolio assets, including performance analysis, covenant compliance, ESG reporting, and financial performance tracking.
- Be actively involved in fund and asset performance reporting to investors, including preparation of regular updates, participation in investor communications, and contribution to NAV calculation and review processes. Support the fundraising activity for the fund.
- Play an active role in fund raising
- Collaborate with senior management in the development of new investment strategies and thematic priorities within the infrastructure and energy private credit space.
- Mentor and coach junior colleagues, fostering a high-performance and mission-driven investment culture.
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
- 10 -15 years of professional experience investing in junior Infrastructure & Energy credit, within an alternative finance provider/asset manager. (Required)
- Demonstrated track record in the origination, analysis, structuring, and execution of infrastructure junior credit investments. (Required)
- Proven ability to conduct comprehensive due diligence and analysis on infrastructure credit investments. (Required)
- Hands-on involvement in negotiating term sheets, credit agreements, and ancillary legal documentation, ensuring robust transaction structures. (Required)
- Experience in portfolio monitoring, asset management, fund reporting, including preparation of investor reports, participation in performance reviews, and involvement in NAV calculation and oversight processes, and any other activity included on the private credit fund manager role. (Required)
- Experience providing support in fundraising processes for infrastructure private credit funds, including the preparation of marketing and due diligence materials, coordination of data room information, and occasional participation in interactions with institutional investors. (Required)
Education
- Master’s degree in Engineering, Business Administration, Economics, Mathematics, or any other related disciplines, provided they demonstrate a strong professional track record in infrastructure credit investment within an asset manager. (Required)
- Professional certifications such as CFA, CAIA, or equivalent will be considered highly desirable. (Preferred)
Languages
- Proficiency in English is required. (Required)
- Other languages, such French or German, will be considered a strong plus. (Preferred)
Hard Skills
- Strong knowledge of Infrastructure & Energy financing and investment, with a proven capacity to structure and manage complex private credit transactions. (Required)
- Strong technical expertise in legal, credit, financial and risk analysis, credit structuring and execution for infrastructure credit investments, with rigorous attention to detail and risk management discipline. (Required)
- Demonstrated ability to manage private credit investments through different economic cycles, with proven insight into the implications for financial credit structures and portfolio resilience. (Required)
Soft Skills
- Strong interpersonal capabilities, with the ability to build trust and credibility with senior management, peers, investors, and counterparties.
- Self-motivated, results-oriented, and committed to exceeding objectives and delivering long-term value creation.
- Ability to mentor junior colleagues, fostering a high-performance, mission-driven investment culture.
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.
- Flexibility that works. Enjoy a hybrid working models—some days remote, some days onsite with your team—along with flexible hours.
- 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?