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