Santander Corporate Legal team
Corporate Legal is the legal team at Santander Headquarters, which functions as a single unit and provides legal advice on a wide range of different areas, with significant overlap across them, such as:
Finance, Regulatory and ESG affairs: finance, prudential regulatory and ESG matters and affairs, including the equity and debt capital markets transactions for the Group’s own account and financial accounting and control matters;
Corporate M&A: advising on the legal structuring and implementation of the Group M&A transactions and the management and governance bodies of the entities/branches pertaining to or invested from the Group parent;
Corporate Governance: including investor relations matters, general secretariat, corporate housekeeping of the Group’s Spanish subsidiaries, certain human resources legal matters and financial information reporting to foreign stock exchanges and regulators;
Legal Operations and Risks: legal operations and transformation, coordination with countries’ legal teams, litigation, FCC, security and legal risk matters;
Internal Legal Advice (T&O and IP, communications, marketing, universities legal affairs, cards, digital, data and sponsorship) and General Services (matters relating to procurement and costs, facilities/properties and general services);
Advice to the Global Businesses: there are separate specialized legal teams which support and advise on the respective businesses and activities of the global divisions of Corporate & Investment Banking, Wealth Management & Insurance, Digital Consumer Bank, and Payments.
We are looking for a legal counsel with capital markets experience that will cover a wide variety of matters in the Santander HQ Legal team, but with likely focus on:
-standalone bonds and debt programmes, tier 1 and hybrid capital, equity linked instruments, covered bonds, structured notes, certificates of deposit, and commercial paper,
-liability management transactions and debt restructuring, and
-securitisations (both for funding and capital relief purposes);
covering among others the following tasks: transaction structuring, authorisations if necessary, review and negotiation of transaction documents (including regulatory filings), preparation of documents for, and participation in, the Group committees/management bodies and continuous interaction with external counsels and other Group areas/teams involved; and
general legal advisory to the Group (Spain and abroad) on capital and recovery and resolution matters and on general corporate and regulatory Spanish law including, among others, ESG, Market Abuse Regulations, also assisting on regulatory licenses, SREP process, the drafting of the Annual Report, support to investors relations team, etc.
EXPERIENCE
Minimum of 4 years’ experience in capital markets (equity and debt including securitisations), general corporate, other finance and corporate activities (e.g., M&A), corporate governance and regulatory matters on financial services (and in particular in relation to capital and recovery and resolution) in a top-notch law firm, in-house legal team or governmental entity.
EDUCATION
Qualification as Lawyer.
SKILLS & KNOWLEDGE
- Excellent level in Spanish and English (oral and written).
- Ability to handle a significantly wide and varied spectrum of capital markets transactions, finance activities, corporate governance, corporate transactions and regulatory matters on financial services in general and in relation to capital and recovery and resolution matters in particular, typically dealt with in a corporate legal team of a globally significant listed financial institution like Santander.
Top Skills
What We Do
Banco Santander (SAN SM, STD US, BNC LN) is a leading commercial bank, founded in 1857 and headquartered in Spain and one of the largest banks in the world by market capitalization. The group’s activities are consolidated into five global businesses: Retail & Commercial Banking, Digital Consumer Bank, Corporate & Investment Banking (CIB), Wealth Management & Insurance and Payments (PagoNxt and Cards). This operating model allows the bank to better leverage its unique combination of global scale and local leadership. Santander aims to be the best open financial services platform providing services to individuals, SMEs, corporates, financial institutions and governments. The bank’s purpose is to help people and businesses prosper in a simple, personal and fair way. Santander is building a more responsible bank and has made a number of commitments to support this objective, including raising €220 billion in green financing between 2019 and 2030. In the first quarter of 2024, Banco Santander had €1.3 trillion in total funds, 166 million customers, 8,400 branches and 211,000 employees.