ECM M&A Analyst

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.

THE DIFFERENCE YOU MAKE

CIB is looking for an ECM Analyst II based out of Madrid. 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 23 years of experience in:

• Investment Banking (Corporate finance preferred) (Required)

• Equity Capital Markets (Required)

• Equity Research Asset Management or related capital markets roles (Required)

• Demonstrated involvement in live equity or equity-linked transactions (Required)

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 is a plus

Languages

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

Hard Skills

• Technical & Analytical. (Required)

• Strong financial modelling and valuation capabilities. (Required)

• Deep understanding of equity markets and transaction mechanics. (Required)

• Advanced Excel and PowerPoint skills. (Required)

• Proficiency in Bloomberg Refinitiv Dealogic and broker research. (Required)

• Execution & Project Management. (Required)

Soft Skills

• 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

• Communication & Leadership

• Ability to interact confidently with senior clients and internal stakeholders

• Experience supervising junior team members

• Strong team-oriented mindset

• Strong interest in capital markets and equity products

• Sound judgment on market timing and transaction positioning

• High intellectual curiosity and commercial mindset

• Proactive accountable and solutions-oriented

• Comfortable operating in high-visibility time-sensitive situations

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