INTERNSHIP DETAILS

Santander WM&I 2026 Summer Internship Program - Madrid

CompanySantander
LocationMadrid
Work ModeOn Site
PostedDecember 17, 2025
Internship Information
Core Responsibilities
Interns will support underwriting for live real estate financing transactions and assist with cash-flow modelling, market research, and valuation work. They will also prepare investment committee materials and contribute to portfolio monitoring and thematic research.
Internship Type
other
Company Size
139994
Visa Sponsorship
No
Language
English
Working Hours
40 hours
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About The Company
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.
About the Role
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

Key Skills
Analytical SkillsMicrosoft OfficeExcelFinancial ModellingReal EstatePrivate CreditCorporate FinanceAlternative InvestmentsWritten CommunicationVerbal CommunicationAttention to DetailProactive AttitudeTime ManagementMarket ResearchValuationPortfolio Monitoring
Categories
Finance & AccountingConsultingManagement & Leadership