ALTERNATIVES BUSINESS MANAGERCountry: 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**.**Santander Alternative Investments (SAI)** is a growing business that started almost three years ago, with c€3bn in commitments across its core strategies The business is focused on three areas, infrastructure, private credit and real estate in which our goal is to develop funds where we have a clear competitive advantage to generate alpha for our institutional and UHNWI clients.We are proud of being an organisation where there are equal opportunities regardless of gender identity, culture or disability. Our mission is to help more people and businesses prosper. We embrace a strong risk culture and expect all professionals at all levels to take a proactive and responsible approach toward risk management.**THE DIFFERENCE YOU MAKE****Santander Alternative Investments (SAI)** is looking for a **ALTERNATIVE BUSINESS MANAGER** based out of **MADRID**.**SAI** currently manages or acts as investment adviser to various infrastructure and climate funds, including senior debt, junior debt/special situations, equity and venture capital. As part of the next phase of growth, SAI will launch a new* High-yield/junior infrastructure credit fund targeted to institutional clients. Santander will coinvest USD 200m in the fund as seed capital and coinvestment. This commitment can be drawn first to create a seed portfolio ahead of fund raising.* Climate venture fund as a follow on to the current fund managed by SAI.* These funds will be marketed to institutional clients (including internal clients eg insurance) and also potentially other HNW and PB clients.**SAI** is seeking a senior individual who is able to* Help implement a program of business change in respect of the delivery of upgraded policies, systems and governance* Help author procedures governing key processes* Oversee business planning and reporting* Preparation of annual business plans for infrastructure and climate VC team and quarterly / monthly updates against plan showing deployment and P&L, run rate etc* Liaise with other business function in the organisation in respect of finance and operations reporting and ESG* Ensure the business delivers against its timelines for reporting to its clients and organise and coordinate with investments teams to achieve this* Perform a key role in respect of the set up and establishment of new funds* Assist with any inorganic initiatives**WHAT YOU’LL BRING**Our people are our greatest strength. Every individual contributes unique perspectives that make us stronger as a team and as an organization. We’re **enabling teams to go beyond** by valuing who they are and empowering what they 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.**Professional Experience*** 5- 10 years Experience independently working in a business management role in an alternative asset manager. (Required)* Experience representing and working closely with investment teams to provide succinct and clear business reporting (Required)* Knowledge of liaising with operations and associated systems and ability to act as an interface between first and second line functions (Required)* Uncompromising integrity and knowledge of the compliance environments and how the team needs to operate (Required)* Ability to deal with expenses and attribution to funds (and set up associated processes) (Required)* Detailed understanding of ESG issues and their integration into the investment, monitoring and reporting process (Required)* Experience working across first and in combination with second line functions (valuation, risk management, compliance,). (Required)* Coordination of IC processes to make sure they are run professionally and correctly. (Required)**Education*** University degree in Finance, Economics, Engineering, or related field (Required)* Postgraduate degree and/or MBA or CFA preferred (Preferred)**Languages*** Proficiency in English is required. (Required)* Spanish, Portuguese or French advantageous but not essential. (Preferred)**Hard Skills*** Business management in an alternatives asset manager (Requirred)* Finance and accounting and basic modelling (Required)* Familiarity with SFDR and ESG-issues and or linked covenants. (Preferred)**Soft Skills*** Strategic leadership and team management.* Highly accurate and professional presentation and report writing skills.* Exceptional communication and writing skills with strong attention to detail.* Work independently and proactively in a fast-paced environment.* Excellent communication skills and stakeholder engagement.**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. But we know rewards go beyond numbers.* We’re **enable our teams to go beyond** through global opportunities and broad career paths.* Flexibility that works. Enjoy a **hybrid working models**—some days remote, some days onsite with your team—along with flexible hours.* **Learning for life**. Access hundreds of courses on our platforms, including exclusive access to our global learning space: **Santander** **Open Academy** (www.Santanderopenacademy.Com)* Competitive rewards. Receive a **highly competitive salary with performance-based bonuses,** motivating you to keep growing with us.* Financial advantages. Benefit from **preferential banking terms, special interest rates** on loans, life insurance, and more.* Your health is our priority. Through **BeHealthy,** our global wellness programme, we promote **Holistic wellbeing.*** We know **family is everything**. That’s why we offer childcare support and family-friendly programmes tailored to each life stage.* **Always by your side.** Get access to **Santander Contigo**, our program for employees and their families offering legal, emotional, and administrative advisory services.* **Extra benefits**. Gym/WellHub membership, medical centers in some of our facilities, meal subsidy, parking, shuttle service from various points in Madrid, as well as exclusive discounts and offers for Santander employees. **And that’s only the beginning—we’ll tell you more when you join!**We’re here to **keep you motivated**, help you reach your goals, and celebrate your progress, every step of the way.**LOCAL COMPLIANCE**Santander is proud of being an organization where there are equal opportunities regardless of age, gender, disability, civil status, race, religion or sexual orientation. 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, then please apply.#J-18808-Ljbffr