M&A Analyst (Infrastructure & Industrials) - SCIB

M&A Analyst (Infrastructure & Industrials) - SCIB

Country: Spain

Santander Corporate & Investment Banking (Santander CIB)

Santander CIB is Santander’s global division that supports some of the world’s most complex and sophisticated corporate and institutional clients, offering customized services and value-added wholesale products to best meet their needs.

We are looking for an M&A Analyst (Infrastructure & Industrials) based out of Luca de Tena office (Madrid).

This is an opportunity to work on high-profile transactions across EMEA. The team advises leading corporates, utilities, infrastructure funds, private equity sponsors and other financial investors on complex strategic situations, including M&A, IPOs and other equity-related transactions.

What you can expect

• Meaningful deal exposure: Work on live, complex transactions from day one, with real responsibility on core analytical and execution workstreams
• Senior access and mentorship: Work closely with senior bankers and experienced deal teams
• Cross-border perspective: Collaborate with colleagues across EMEA and product partners to deliver integrated advice to corporates and financial sponsors

Responsibilities

• Building and reviewing detailed financial models, including operating models, DCFs, merger and accretion/dilution analyses, valuation frameworks, and sensitivities
• Performing valuation work using DCF, trading comparables, precedent transactions and other relevant sector-specific approaches
• Preparing high-quality client materials, including pitch books, strategic reviews, management presentations, information memoranda, board materials and internal approval documents
• Supporting live transaction execution across M&A and IPO processes, including due diligence coordination, workstream management and interaction with internal and external stakeholders
• Conducting detailed sector, company, investor and transaction analysis across EMEA
• Monitoring market developments, valuation trends, regulatory themes and investor activity across key sub-sectors
• Strong interest in, and ideally prior exposure to, the infrastructure and/or industrials sectors in EMEA
• Supporting senior bankers on client dialogue, strategic analysis and origination ideas

Qualifications

Professional Experience

• 2–4 years of relevant experience in investment banking, M&A, ECM / IPO advisory or a similar transaction environment
• Strong execution experience on live transactions and the ability to manage multiple workstreams under pressure

Education

• Undergraduate degree from a top-tier university with a strong academic track record

Languages

• Fluency in English and Spanish (Required)
• Additional European languages (Preferred)

Hard Skills

• Advanced financial modelling and valuation skills, with a strong grasp of accounting and corporate finance fundamentals
• Proven ability to produce high-quality client-facing materials, with excellent attention to detail and quality control
• Familiarity with Bloomberg, Capital IQ, FactSet, Refinitiv, Mergermarket, Infralogic or similar tools (Preferred)

Soft Skills

• Strong analytical, communication and presentation skills

Benefits

• Enable our teams to go beyond through 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: highly competitive salary with performance-based bonuses, motivating you to keep growing with us
• Financial advantages: preferential banking terms, special interest rates on loans, life insurance and more
• Health and wellbeing program: BeHealthy, our global wellness programme promotes holistic wellbeing
• Family support: childcare support and family-friendly programmes tailored to each life stage
• Employee support: Santander Contigo, a program for employees and their families offering legal, emotional and administrative advisory services
• Extra benefits: Gym/WellHub membership, medical centers in some facilities, meal subsidy, parking, shuttle service from various points in Madrid, exclusive discounts and offers for Santander employees

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.