Liability Management Analyst / Associate

About the role

Santander’s Liability Management / Debt Capital Market Solutions team advises corporate, sponsor, and sovereign clients on debt refinancing solutions, liability management strategies, and balance sheet optimization. The group works at the intersection of investment banking and capital markets, providing clients with strategic insights and tailored solutions to manage debt, liquidity, and long-term financial sustainability.

Responsibilities

• Support the structuring and execution of investment grade and high yield liability management transactions, including debt buybacks, tender offers, exchange offers, and refinancing exercises.
• Conduct financial, industry, and market analyses to identify liability management opportunities and develop tailored client recommendations.
• Prepare pitch materials and client presentations with bespoke analysis of outstanding debt profiles / capital structures and market conditions to identify liability management opportunities.
• Build and maintain Excel-based models to assess the financial and strategic impact of potential transactions.
• Cross-collaborate with debt capital markets origination, leveraged finance origination, and industry coverage groups to support fulsome client coverage.
• Work closely with the sales desk to analyze investor feedback and market conditions during live transactions.
• Ensure transaction timelines and deliverables are met under deadlines.
• Adhere to compliance procedures and internal/operational risk controls in accordance with all applicable regulatory standards, requirements, and policies.

Qualifications

• Bachelor’s degree in Finance, Economics, Business, Accounting, or a related field.
• 2–5 years of experience in capital markets, investment banking, corporate finance, or related financial services.
• Strong intellectual curiosity, with the ability to quickly grasp complex financial concepts and translate them into practical insights.
• Solid foundation in Excel and comfort with quantitative analysis.
• Excellent written and verbal communication skills.
• Proven organizational skills, with the ability to manage multiple projects in high-paced environments.
• Team-oriented, highly motivated, positive, and proactive, with a strong sense of professional ethics and integrity.
• Ability to thrive in a demanding, fast-paced environment with multiple priorities.

Skills

• Series 7, 63, 79; can be completed upon hiring

Pay

The base pay range for this position is $175,000.00 USD - $225,000.00 USD per year.

Benefits

We offer a competitive rewards package that reflects the impact you create and the value you deliver. Our benefits are designed to support you, your family, and your well-being, now and into the future.