Economic Research & Business Intelligence Sr.

AnalystCountry: SpainIT STARTS HERESantander ( 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 what’s possible.This is more than a strategic shift. 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.The Economic Research Area is institutionally responsible for preparing and coordinating all macroeconomic forecasts for Santander Bank for the Group’s main forums and Committees. It also conducts macroeconomic and macro-financial analysis of the Group’s key countries and business units, while advising Senior Management on the economic scenarios relevant to strategic decision-makingWithin the department, the Latin America area coordinates the macroeconomic analysis of the countries where Santander has a presence in the region and integrates local perspectives into a coherent regional view connected to the Group’s global economic outlook. It also participates in the design and preparation of the macroeconomic scenarios used in planning processes and stress-testing exercises, in close collaboration with the local Economic Research teams and the relevant corporate areas.THE DIFFERENCE YOU MAKEThe Economic Research Area is looking for a Head of Economic Analysis for Latin America based out of Madrid.We are looking for a senior or semi-senior macroeconomist with coordination capabilities, sound analytical judgment and an independent, well-founded economic view,



capable of integrating perspectives from different countries and contributing to the development of the regional view of Latin America and its connection to the Group’s general economic outlook.

The candidate should combine strong hard skills (economic analysis, proficiency in econometric software and, preferably, programming) with sound soft skills (teamwork, negotiation and public speaking).Coordinate the macroeconomic analysis of Latin America, integrating the perspectives of local economic teams into a coherent and consistent regional view connected to the Group’s global economic outlook.Participate in the design, preparation and monitoring of the macroeconomic scenarios used in the Group’s planning, budgeting and stress-testing processes, in collaboration with the local Economic Research teams and contributing independent judgment to the definition and challenge of the scenarios.Ensure the consistency and quality of the economic forecasts, scenarios and narratives developed for the different Latin American countries, challenging their assumptions when necessary.Act as a coordination point between the region’s Economic Research teams and the relevant corporate areas, facilitating the integration of the regional and global views.Prepare reports, presentations and briefings to support the head of the area in interactions with senior management and corporate committees, as well as the planning and risk areas, translating complex economic issues into clear and relevant messages.Contribute to cross-functional projects related to planning, risk management and macroeconomic analysis, providing the Latin American economic perspective.Drive continuous improvement in the methodologies,



tools and processes used for economic analysis and scenario development.Promote the responsible and efficient use of artificial intelligence, automation and data analysis tools to enhance productivity and the quality of analytical work.Represent Banco Santander at various forums and events on Latin America.Professional ExperienceSolid experience in macroeconomic analysis, economic forecasting, scenario design and coordination, or macro-financial risk assessment. (Required)Experience coordinating projects or work involving multiple stakeholders, teams and geographies. (Required)Experience preferably gained in economic research departments, financial institutions, central banks, international organizations, research centers or universities. (Preferred)EducationBachelor’s degree in Economics or related disciplines. (Required)Postgraduate education, Master’s degree or PhD in Economics, Econometrics, Finance, Statistics or related fields. (Preferred)LanguagesHigh level of spoken and written Spanish and English. (Required)Knowledge of Portuguese. (Preferred)Hard SkillsStrong knowledge of macroeconomics, international economics and emerging markets. (Required)Strong knowledge of econometrics and quantitative methods applied to forecasting, modeling and macroeconomic analysis. (Required)Experience in applied economic analysis, forecasting and scenario development. (Required)Proficiency in programming and data analysis tools such as Python, R, Matlab or Stata. (Preferred)Familiarity with generative artificial intelligence and automation tools applied to economic analysis and information processing. (Global perspective and ability to integrate analyses from different countries into a coherent regional narrative.Intellectual curiosity and interest in methodological innovation and new technologies applied to economic analysis.SummaryLocation: Boadilla del MonteType: Full time

📌 Economic Research & Business Intelligence Sr. Analyst (Monteprincipe)
🏢 Grupo Santander
📍 Monteprincipe