Associate – Financial Institutions Group (FIG) – DACH & Nordics Team

Santander Corporate & Investment Banking is looking for an Associate within the Financial Institutions Group (FIG) DACH & Nordics team.

Banco Santander was founded in 1857 and is headquartered in Spain. It has a meaningful market share in 10 core markets in Europe and the Americas and is one of the largest banks in the Eurozone by market capitalization.

Santander Corporate & Investment Banking (CIB) is Santander’s global division that supports some of the world's largest corporate and institutional clients, offering customized services and value[1]added wholesale products to best meet their needs across worldwide.

WHAT YOU WILL BE DOING

The Associate in the FIG DACH & Nordics team plays a vital role in supporting senior colleagues. They are integral in leading, developing, and executing complex business development activities across a range of services. These include syndicated and bilateral lending, capital markets, treasury management, and more. The associate is expected to collaborate on relationship management, transaction execution, financial modeling, risk analysis, and liaising with business partners across multiple domains.

Job Duties and Responsibilities:

• Strategic Client Development: Assist senior colleagues in defining and implementing strategies for institutional client growth across DACH & Nordics, encompassing all bank products and services.
• Client Coverage: Collaborate with senior colleagues to engage with clients up to C-Level, ensuring effective communication and relationship building.
• Global Initiatives: Aid senior colleagues in spearheading global initiatives, ensuring synchronization with key clients and internal stakeholders.
• Risk and Profitability Management: Manage risk exposure (including setting credit limits and observing Group Borrower Limit), oversee revenue, and maintain client profitability (RoRWA). Play an active role in the budgeting and client planning process within the specified perimeter.
• Product and Process Knowledge: [Desirable] Have a clear understanding of financial market products and processes, including Credit & Rates, FX, SecLending & Repo, Structured Credit & Loans, Private Debt, and Balance Sheet activities. A grasp of Transaction Banking (Cash & Custody) and Private Wealth/Asset Management processes would be advantageous.
• Process Management: Support seniors in supervising crucial processes such as ISDA, GMRA, GMSLA negotiation, M&A undertakings, Cash & Custody pitches, and ensuring KYC procedures are diligently followed.

WHAT WE ARE LOOKING FOR

EXPERIENCE

• Minimum 3-5 years of extensive relevant banking and sector experience, preferably with a Markets, DCM or Corporate Finance background.
• In-depth experience advising clients on debt and capital management, markets solutions and other strategic solutions
• Strong academic background / results and financial knowledge (accounting and company valuation) and understanding of financial statements.
• Entrepreneurial spirit with the ability to contribute your own ideas and work autonomously.
• Capable of working under pressure and in a context of shifting priorities.
• Understanding of compliance issues and regulatory requirements
• Good communication and presentation skills (verbal and written).
• Attention to detail.

EDUCATION

• Bachelor's or graduate degree in business administration, economics or industrial engineering
• Strong academic track record

SKILLS AND KNOWLEDGE

• German and English fluent, Spanish preferable
• Working knowledge in MS Excel and PowerPoint

WHAT WE OFFER YOU

Welcome to #TheSantanderEffect. Here, with only a small action or a simple idea, you can do great things. We offer you the advantages and the means to contribute to the progress of more than 140 million people around the world. These are the key factors that multiply the actions of all our employees:

• Meaningful Impact - Where the effect of your work makes a difference and helps people to prosper.
• Personal and Professional Growth - The chance to develop through world-class training, demanding work, and different roles.
• Respect - Be part of an organization that cares – about its people, its wider community, and the environment
• Co-worker quality - Work with inspiring professionals who are leaders in their field.
• Global stability - Work for a solid global organization with over 160 years of history

#SCIB