Structured Finance Associate (Energy)

About the role

Santander Corporate & Investment Banking is looking for a Structured Finance Associate within its European Structured Finance Energy team, based in Madrid (Luca de Tena office). The team is the front-office origination and execution platform for Power and Renewables financings across Europe, covering both advisory and lending mandates. The role supports the growth of financing and debt advisory activities in the energy transition space.

Key responsibilities

• Support both the lending and debt advisory segments, including strategic planning, marketing, client engagement and coordination with external advisors and partners.
• Help senior team members originate and execute financing opportunities in the Power and Renewable sectors.
• Assist with business origination and prepare high-quality marketing and internal materials, from content and visual perspective.
• Build complex financial models from scratch reflecting transaction terms and due diligence inputs, run sensitivity analysis and adjust them as deals evolve.
• Design new value-added solutions as the team moves to more complex structures.
• Mentor and develop junior colleagues, mainly on financial modelling workstreams.
• For advisory: assist in structuring and placing debt financings, coordinate due diligence and legal advisors, prepare teasers and information memoranda, and manage the overall process.
• For lending: review due diligence materials, financial models and documentation, take part in negotiations with clients or their advisors, and support presentations to internal credit and pricing committees.

Required profile

• Minimum 3-4 years of experience in structured finance, within advisory and/or lending.
• Bachelor's degree required (Engineering, Finance, Economics or related fields preferred); postgraduate studies such as an MBA are a plus.
• Full professional proficiency in English and Spanish (mandatory); German, Italian or French is a plus.
• International experience is highly valued.

Required skills

• Strong structured finance fundamentals, including cash flow analysis and debt structuring (senior, HoldCo, subordinated).
• Ability to review and build complex financial models.
• Excellent PowerPoint and presentation skills.
• Sound understanding of debt, equity and derivative markets.
• Strong written and verbal communication, able to present complex topics to senior audiences.

What we offer

• A competitive salary with performance-based bonuses.
• Preferential banking terms, special loan interest rates, life insurance and other financial advantages.
• Access to Santander Open Academy courses and a global learning space.
• Wellness programme, childcare support and family-friendly programmes.
• Employee and family advisory services, gym membership, medical centres, meal subsidy, parking and shuttle service in Madrid.