SCIB Associate, European Securitised Products
Country: United Kingdom
Business area introduction
European Securitised Products Group (“SPG”) – the business provides asset-backed securities underwriting, structuring and placement in the capital markets, as well as short to medium-term non-recourse securitisation format financing solutions to clients via the Group’s balance sheet, based on a broad range of asset classes.
The SPG team has broad responsibility for securitised products across the European region for SCIB, with colleagues based in London & Madrid.
The team is looking to continue to expand its activities across Europe, and is looking to add a new associate to the team.
Key activities
- Structuring/arranging securitisation transactions on behalf SCIB clients
- Analysing new securitisation financing opportunities, including thorough asset-level analysis as well as running external/internal rating processes and presenting transactions for approval at internal committees
- Managing successful delivery of multiple transactions, following all required internal governance processes
- Retaining an up-to-date understanding of all relevant securitisation regulation in the EU and UK, in order to provide advice to clients
- Liaising with investors, both in and out of live transactions
- Working proactively to resolve any issues identified on transactions, taking ownership for our client’s experience
What we are looking for
- Strong experience in a securitisation structuring/asset backed financing role
- Educated to undergraduate or postgraduate degree level in a relevant subject such as Business, Economics, Engineering, or Mathematics
- Sound understanding of EU and UK securitisation regulation, including recent developments
- Good understanding of working risk, regulatory and compliance frameworks
- Strong communication and collaboration skills across various stakeholders at different seniority levels, and ability to work effectively as a team
- Ability to work well under pressure and handle multiple tasks with limited supervision
- Strong attention to detail and ability to produce consistently high-quality deliverables
- Ability to build strong partnerships with internal stakeholders
- A “can-do” and pro-active attitude
- Highly numerate with strong financial modelling skills using Excel/VBA/Python
- Regulated role experience
What else you need to know
This role is based in our Triton Square office in London, conveniently located within walking distance from Euston Station and Warren Street Station.
How we’ll reward you
As well as a competitive salary, you’ll enjoy a benefits package that you can tailor to your needs.
- Eligible for a discretionary performance-related annual bonus
- Pension with generous contributions of up to 12.5% from Santander, depending on your own contribution and length of employment with us
- 27 days holiday plus bank holidays, with the option to purchase up to 5 contractual days per year
- Company funded individual private medical insurance
- Voluntary healthcare benefits at discounted rates such as private medical insurance for your family, dental insurance, healthcare cash plan and health assessments
- Benefits supporting you and your family, such as death-in-service benefit, income protection, and voluntary life assurance and critical illness cover
- Share in Santander’s success by investing in our Sharesave and Partnership shares plans
For more information about our wide range of benefits and family friendly policies visit our website.
Equal Opportunities
Santander are an equal opportunities employer. When we talk about diversity, we don’t just want to pay lip service. Our customers come from a wide range of backgrounds, and so do our people. It’s important to us that we create an inclusive culture where everyone counts, and we particularly welcome applications from different underrepresented groups.
For more information on our commitment to equal opportunities, please visit our diversity page.
What to do next
If this sounds like a role you’re interested in, then please apply on the link.
Due to high volume of applications we may need to close this role earlier than the advertised date, so recommend submitting an application as soon as possible.
Santander Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Santander and has not been reviewed or approved by Santander.
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Retirement Support — A dollar‑for‑dollar 401(k) match up to 6% of eligible pay and immediate vesting are highlighted as core strengths, supporting long‑term savings. This is reinforced by company‑paid disability and life/AD&D coverage that bolster financial security.
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Leave & Time Off Breadth — Paid time off typically ranges from 18–30 days in the U.S. with 11 paid holidays, plus dedicated volunteer and development time; the UK features a minimum of 25 days with buy/sell options. Some roles also use self‑managed PTO, offering additional flexibility depending on team norms.
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Parental & Family Support — U.S. parental benefits include 8 weeks paid for all parents and a total of 16 weeks paid for birth mothers, with flexibility for reduced hours around childbirth. Caregiver leave and dependent‑care programs add further family support.
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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.
