ECM M&A; AnalystCandidatar-selocations: Publicado hojejob requisition id: Req ECM M&A; AnalystCountry: EspanhaIT STARTS HERESantander ( is evolving from a integral, 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.Santander Corporate & Investment Banking (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.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 strategyCapital 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 mechanicsFinancial & 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 analysisOrigination & 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 positioningRisk & 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 frameworksWHAT YOU’LL BRINGOur people are our greatest strength. Professional ExperienceMinimum 2–3 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* Bachelor’s degree in Business, Economics, Finance, Engineering or related discipline with strong academic performance
* Master’s degree in Finance or equivalent( Preferred)
* CFA, ACA or similar professional qualification is a plusLanguages* Excellent written and verbal communication skills in English (Spanish required) (Required)Hard Skills* Technical & Analytical. (Required)
* Advanced Excel and PowerPoint skills. (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 situationsWE VALUE YOUR IMPACT**Your contribution matters, and it’s recognized. We’re enable our teams to go beyond through global opportunities and broad career paths.
* Enjoy a hybrid working models—some days remote, some days onsite with your team—along with flexible hours.
* **Access hundreds of courses o

📌 Mergers and Acquisitions Senior Associate (Madrid)
🏢 Banco Santander
📍 Madrid