ECM Junior Associate SCIB

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.

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 Santanders global division that supports some of the worlds most complex and sophisticated corporate and institutional clients offering customized services and value-added wholesale products to best meet their needs.

Within Santander CIB the Equity Capital Markets (ECM) team advises clients on the structuring positioning and execution of equity and equity-linked transactions combining capital markets intelligence with strong execution capabilities.

THE DIFFERENCE YOU MAKE

SCIB EQUITY CAPITAL MARKETS is looking for an ECM Junior Associate based out of Madrid.

As an ECM Junior Associate you will play a central role in the origination and execution of equity and equity-linked transactions taking ownership of key workstreams and acting as a critical link between clients internal teams and external advisors.

You will be actively involved in IPOs rights issues accelerated bookbuilds (ABBs) block trades convertible bonds and public takeover advisory mandates.

This role requires strong technical expertise capital markets judgment execution discipline and the ability to operate effectively in fast-paced high-visibility situations.

Were shaping the way we workthrough innovation cutting-edge technology collaboration and the freedom to explore new ideas.

To succeed in this role you will be responsible for:

Transaction Execution Leadership

• Lead day-to-day execution of equity and equity-linked transactions

• Take ownership of specific workstreams ensuring timely and high-quality delivery

• Coordinate drafting sessions (prospectus offering circulars investor presentations announcements)

• Manage transaction timetables and ensure alignment across legal auditors client management and internal teams

• Supervise analysts and review financial models valuation outputs and marketing materials

• Actively participate in structuring discussions and pricing strategy

Capital Markets & Investor Insight

• Conduct in-depth market analysis including sector performance valuation trends and window assessment

• Contribute to equity story positioning and investor targeting strategy

• Participate in pilot fishing wall-crossing processes and investor education

• Work closely with Equity Syndicate and Equity Sales to assess demand orderbook dynamics and pricing considerations

• Develop a strong understanding of investor behavior and bookbuilding mechanics

Financial & Valuation Expertise

• Build and review advanced financial models including:

• DCF and trading comparables

• Discount to TERP analysis (rights issues)

• EPS accretion/dilution modelling

• Free float and liquidity analysis

• Index inclusion impact

• Convertible bond valuation basics

• Perform comparative analysis across peers and market transactions

• Support pricing decisions through sensitivity and scenario analysis

Origination & Commercial Support

• Support senior bankers in developing strategic capital markets ideas

• Prepare high-quality pitch materials and sector updates

• Monitor ECM activity and pipeline across sectors

• Identify emerging opportunities and market themes

• Contribute to strengthening client relationships and franchise positioning

Risk & Governance

• Prepare internal committee materials (risk underwriting capital allocation)

• Assess transaction risk profile and capital implications

• Contribute to internal budgeting and revenue tracking

• Ensure strict compliance with regulatory and internal control frameworks

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.

Professional Experience

• Minimum 35 years of experience in Investment Banking (Corporate finance preferred)

• Minimum 35 years of experience in Equity Capital Markets or M&A.

• Minimum 35 years of experience in Equity Research Asset Management or related capital markets roles

• Demonstrated involvement in live equity or equity-linked transactions

Education

• Bachelors degree in Business Economics Finance Engineering or related discipline with strong academic performance

• Masters degree in Finance or equivalent (Preferred)

• CFA ACA or similar professional qualification (Preferred)

Languages

• Excellent written and verbal communication skills in English and Spanish (Required)

Hard Skills

• Strong financial modelling and valuation capabilities

• Deep understanding of equity markets and transaction mechanics

• Advanced Excel and PowerPoint skills

• Proficiency in Bloomberg Refinitiv Dealogic and broker research

• Strong interest in capital markets and equity products

Soft Skills

• Technical & Analytical skills.

• Execution & Project Management

• Ability to manage multiple stakeholders and parallel workstreams

• Strong attention to detail and commitment to excellence

• Proven ability to perform under pressure and tight deadlines

• Strong team-oriented mindset

• High intellectual curiosity and commercial mindset

• Proactive accountable and solutions-oriented

• Comfortable operating in high-visibility time-sensitive situations

• Sound judgment on market timing and transaction positioning

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.

• 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