Associate Climate Venture Capital Fund

Join to apply for the Associate Climate Venture Capital Fund role at Santander in Madrid, Community of Madrid, Spain . IT STARTS HERE Santander ( 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. It’s a chance for driven professionals to grow, learn, and make a real difference. THE DIFFERENCE YOU MAKE As an Associate Climate Venture Capital Fund , you will play a pivotal role in the analysis, execution, and subsequent monitoring of venture‑capital investments in climate technology. You will work independently to: Construct and analyse detailed financial models associated with investments. Formulate investment materials such as investment committee papers, portfolio monitoring documents, and quarterly reports. Interface with investee companies during the investment phase and on an ongoing basis. Be a voice in the team when ideas are shared and investments are screened. Help drive forward ESG initiatives through the investments we make. Help manage data associated with the fund (investment monitoring and portfolio analytics). You will also be closely involved in workstreams that structure and negotiate transactions, conduct comprehensive financial, ESG, and legal reviews, and manage investments with significant emphasis on financial modelling and data. Collaborating closely with senior management, you will contribute actively to the team across all aspects of the fund’s activities and help to ensure disciplined risk management and sustainable value creation. You will play a key part in portfolio monitoring, investor reporting, and maintaining strong relationships with investee companies, advisors, counterparties, and institutional clients. Key Responsibilities Detailed investment analysis and underwriting. Financial modelling, including cash‑flow and scenario analysis. Preparation of high‑quality investment materials and professional reports (in English). Analysis of due‑diligence materials (financial, technical, ESG, and legal) and integration of findings into underwriting. Post‑investment monitoring, portfolio management, and investor reporting, with emphasis on data analytics and portfolio systems. Evaluation of technological differentiation, scalability potential, and barriers to entry across both hardware and software‑based climate technologies. Mapping and prioritising investment sub‑themes within the broader ClimateTech universe and originating new opportunities. Engagement with company management teams, co‑investors, and advisors, representing the fund in the ecosystem. Deep ESG and impact analysis, helping formulate and drive sustainability initiatives and carbon‑related metrics. Preparation of materials for Investment Committee and contribution to portfolio review processes. Active participation in fundraising activities and investor meetings. Collaboration with senior management in developing new investment strategies and thematic priorities within ClimateTech. Help reinforce a collaborative, performance‑driven, and fiduciary team culture. What You’ll Bring The following requirements represent the knowledge, skills, and abilities essential for success in this role. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Experience 3–5 years of professional experience in a buy‑side venture role, financial modelling, or accounting/transaction services. (Required) Ability to conduct valuations of target companies. (Required) Demonstrable track record in the analysis of transactions and detailed financial models, and the ability to navigate due‑diligence issues. (Required) Ability to work independently on tasks such as NDAs and engagement letters. (Required) Ability to write professional reports and presentations in English. (Required) Exposure to climate technology, or infrastructure‑related investments is a strong plus. (Required) Experience liaising with founders and advisors on early‑stage transactions will be valued. (Required) Education Master’s degree in Engineering, Computer Science, or a science subject (providing appropriate technical background). (Required) Professional certifications such as CFA, CAIA, or equivalent will be considered highly desirable. (Preferred) Languages Fluency in English. (Required) Additional European language (Spanish, French, or German). (Preferred) Hard Skills Strong knowledge of trends, themes, and valuation issues in climate and venture investment, and proven capacity to analyse complex transactions. (Required) Strong technical expertise in financial modelling, due‑diligence, and writing professional reports and presentations. (Required) Strong technical experience in equity valuation and venture. (Required) Soft Skills Strong interpersonal capabilities, building trust and credibility with senior management, peers, investors, and counterparties. Self‑motivated, results‑oriented, and committed to exceeding objectives and delivering long‑term value creation. Intellectual curiosity and entrepreneurial mindset, passion for emerging technologies and business models. Excellent communication and presentation skills, both written and verbal; ability to engage effectively with investment committees, co‑investors, and institutional clients. WE VALUE YOUR IMPACT Your contribution matters, and it’s recognized. You can expect a fair, competitive reward package that reflects the impact you create and the value you deliver. Rewards go beyond numbers, offering: Global opportunities and broad career paths. Flexible hybrid working model with remote and onsite options and flexible hours. Learning for life: access to hundreds of courses on our platforms, including exclusive access to Santander Open Academy. Competitive rewards with a highly competitive salary and performance‑based bonuses. Financial advantages: preferential banking terms, special interest rates on loans, and life insurance. Health priority: global wellness programme BeHealthy, promoting holistic wellbeing. Family‑friendly programmes: childcare support and tailored initiatives for each life stage. Access to Santander Contigo, providing legal, emotional, and administrative advisory services for employees and families. Additional benefits: gym membership, medical centres at select facilities, meal subsidies, parking, shuttle service to Madrid, and exclusive discounts for Santander employees. LOCAL COMPLIANCE Santander is proud of being an organisation where there are equal opportunities regardless of gender identity, culture, or disability. We are committed to providing an inclusive and accessible application process for all candidates. What To Do Next If this sounds like a role you are interested in, please apply. READY TO TAKE THE NEXT STEP IN YOUR JOURNEY? We’re here to keep you motivated, help you reach your goals, and celebrate your progress every step of the way. \" #J-18808-Ljbffr