Santander WM&I 2026 Summer Internship Program - Madrid

Job Description:

Santander WM&I 2026 Summer Internship Program - Madrid

Country:

SANTANDER ALTERNATIVE INVESTMENTS

Intern - Real Estate Debt, Madrid

June - July 2026

What you will gain from this experience

We have an exciting 2-month summer Internship opportunity that will provide hands-on experience within our Real Estate Debt Team in Madrid. Interns will contribute directly to live transactions, market analysis, modelling, and portfolio work within a high-performing, senior-led team.

This is a program designed for students seeking deep exposure to real estate credit within a global alternatives platform.

Internship location

Based in Madrid, you will become part of an international business working with teams across different geographies.

What You Will Do
* Support underwriting for live real estate financing transactions
* Assist with cash-flow modelling, sensitivities, market research, and valuation work
* Prepare investment committee materials and internal analysis
* Help with asset-level and sponsor-level diligence across multiple European markets
* Contribute to portfolio monitoring, reporting, and performance tracking
* Participate in thematic research and strategy development across Deva-SAI

What We Are Looking For
* Ready to start the two-month summer program in June 2026
* Undergraduate finishing your studies in summer 2027 (Going into your final year at university or a Master's degree after the internship).
* Strong analytical skills
* Confident using the Microsoft Office suite, in particular Excel
* Familiarity with financial modelling- whether through coursework, internships, or practical experience.
* Interest in real estate, private credit, corporate finance, and alternative investments
* Clear written and verbal communication
* High attention to detail and ability to take ownership
* Proactive attitude
* Ability to plan your time and manage competing priorities within a fast-paced environment

Why Join Us
* Exposure to real, live deals from day one
* Small-team environment with direct access to senior decision-makers
* Experience across real estate equity, real estate credit, and corporate capital solutions
* Part of a leading global asset management platform with significant balance-sheet backing