Associate Climate Venture Capital Fund

IT STARTS HERE

Santander () 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 whats possible.

This is more than a strategic shift. Its 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 c3bn 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

As an Associate Climate Venture Capital Fund you will play a pivotal role in the analysis execution and subsequent investment monitoring of venture capital investments in climate technology. You will be expected to work independently to:

• Construct and analyse detailed financial models associated with investments
• Formulate investment materials such as investment committee and portfolio monitoring papers quarterly reports etc
• Interface with investee companies during the investment phase and on an on-going basis
• Be a voice in the team when ideas are shared and investments are screened
• Help drive forward ESG initiatives through the investments we make
• Help manage data associated with the fund (investment monitoring and portfolio analytics)

You will therefore be expected to help analyze investment opportunities in detail and author proposals based on this analysis. You will also be closely involved in workstreams which 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) with significant emphasis on financial modelling and data. Collaborating closely with senior management you will contribute actively to the team across all aspects of the funds activities and help to ensure disciplined risk management and sustainable value creation. Furthermore you will play a key part in portfolio monitoring investor reporting and maintaining strong relationships with investee companies advisors counterparties and institutional clients.

We need someone like you to help us in the following areas:

• Detailed investment analysis and underwriting
• Detailed investment analysis underwriting and financial modelling (including cash flow and scenario analysis).
• Preparation of high-quality investment materials and professional reports (in English).
• Analysis of due diligence materials (financial technical ESG and legal) and integration of findings into underwriting.
• Post-investment monitoring portfolio management and investor reporting with emphasis on data analytics and portfolio systems.
• Ability to evaluate technological differentiation scalability potential and barriers to entry across both hardware and software-based climate technologies.
• Capacity to map and prioritise investment subthemes within the broader ClimateTech universe and originate new opportunities.
• Engagement with company management teams co-investors and advisors representing the fund in the ecosystem.
• Deep ESG and impact analysis helping formulate and drive sustainability initiatives and carbon-related metrics.
• Preparation of materials for Investment Committee and contribution to portfolio review processes.
• Active participation in fundraising activities and investor meetings.
• Collaboration with senior management in developing new investment strategies and thematic priorities within ClimateTech.
• Help reinforce a collaborative performance-driven and fiduciary team culture

WHAT YOULL BRING

Our people are our greatest strength. Every individual contributes unique perspectives that make us stronger as a team and as an organization. Were 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.

Experience

• 3 5 years of professional experience in either buy side venture role financial modelling or accounting / transaction services. (Required)
• Ability to conduct valuation of target companies (Required)
• Demonstrable track record in the analysis of transactions and detailed financial model as well as the ability to navigate due diligence issues (Required)
• Ability to work independently on things like NDAs engagement letters etc (Required)
• Ability to write professional reports and presentations in English (Required)
• Exposure to climate technology or infrastructure-related investments is a strong plus. (Required)
• Experience liaising with founders and advisors on early-stage transactions will be valued. (Required)

Education

• Masters degree in Engineering computer science or science subject (which will help with detailed technical understanding of investee technologies). Other fields considered provided they encompass the appropriate technical background knowledge (Required)
• Professional certifications such as CFA CAIA or equivalent will be considered highly desirable. (Preferred)

Languages

• Fluency in English (Required)
• An additional European language (Spanish French or German) (Preferred)

Hard Skills

• Strong knowledge trends and themes and valuation issues in climate and venture investment with a proven capacity to analyse complex transactions. (Required)
• Strong technical expertise in financial modelling and due diligence and writing professional reports and presentations (Required)
• Strong technical experience in equity valuation and venture (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.
• Intellectual curiosity and entrepreneurial mindset with a passion for understanding emerging technologies and business models.
• Excellent communication and presentation skills both written and verbal with the ability to engage effectively with investment committees co-investors and institutional clients.

WE VALUE YOUR IMPACT

Your contribution matters and its 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.

• Were enable our teams to go beyondthrough global opportunities and broad career paths.
• Flexibility that works. Enjoy a hybrid working modelssome days remote some days onsite with your teamalong with flexible hours.
• Learning for life. Access hundreds of courses on our platforms including exclusive access to our global learning space: Santander Open Academy ()
• 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. Thats why we offer childcare support and family-friendlyprogrammes 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 thats only the beginningwell tell you more when you join!

Were 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