Senior Director – Infrastructure & Energy Credit

Senior Director – Infrastructure & Energy Credit

Santander Alternative Investments (SAI) is looking for an experienced professional to join our Infrastructure Energy and Climate VC team at our Global Headquarters in Madrid. As a Senior Director for Infrastructure & Energy Credit, you will play a pivotal role in the origination, execution, and management of global infrastructure and energy private credit high-yield investments. You will be expected to independently originate and analyse investment opportunities, structure and negotiate transactions, conduct comprehensive financial, ESG, and legal reviews, and manage investments (including formulating and presenting proposals to the investment committee of the fund).

Collaborating closely with senior management, you will contribute to the implementation of the fund's strategy, ensuring disciplined risk management and sustainable value creation. Furthermore, you will play a key part in portfolio monitoring, investor reporting, and maintaining strong relationships with sponsors, advisors, counter parties and institutional clients.

We need someone like you to help us in the following areas:

• Originate, and preliminary evaluate investment opportunities in the infrastructure and energy high yield private credit markets, leveraging relationships mainly with companies, complemented with advisors, banks, and asset managers across geographies.
• Undertake the preliminary structuring and perform detailed credit, business model, and risk analyses of transactions, taking primary responsibility for drafting and preparing screening materials, investment committee memorandum, and related documentation.
• Conduct comprehensive due diligence processes, including financial modelling, legal review, ESG assessments, and analysis of technical, regulatory, and market risks, ensuring robust and well-documented investment recommendations.
• Perform detailed cash flow modelling and cash extraction analysis to evaluate debt service capacity, downside scenarios, and overall investment resilience.
• Prepare materials for investment committee
• Drive the execution of approved transactions, leading negotiations of term sheets, financing agreements, and ancillary legal documentation, while coordinating with internal and external stakeholders.
• Implement and monitor Investment Committee decisions across the daily activities of the fund, ensuring timely and accurate execution.
• Actively contribute to the ongoing monitoring of portfolio assets, including performance analysis, covenant compliance, ESG reporting, and financial performance tracking.
• Be actively involved in fund and asset performance reporting to investors, including preparation of regular updates, participation in investor communications, and contribution to NAV calculation and review processes. Support the fundraising activity for the fund.
• Collaborate with senior management in the development of new investment strategies and thematic priorities within the infrastructure and energy private credit space.
• Mentor and coach junior colleagues, fostering a high-performance and mission-driven investment culture.

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

• 10
  -15 years of professional experience investing in junior Infrastructure & Energy credit, within an alternative finance provider/asset manager. (Required)
• Demonstrated track record in the origination, analysis, structuring, and execution of infrastructure junior credit investments. (Required)
• Proven ability to conduct comprehensive due diligence and analysis on infrastructure credit investments. (Required)
• Hands-on involvement in negotiating term sheets, credit agreements, and ancillary legal documentation, ensuring robust transaction structures. (Required)
• Experience in portfolio monitoring, asset management, fund reporting, including preparation of investor reports, participation in performance reviews, and involvement in NAV calculation and oversight processes, and any other activity included on the private credit fund manager role. (Required)
• Experience providing support in fundraising processes for infrastructure private credit funds, including the preparation of marketing and due diligence materials, coordination of data room information, and occasional participation in interactions with institutional investors. (Required)
• US Origination Network would also be desirable. (Preferred)

Education

• Degree in Engineering, Business Administration, Economics, Mathematics, or any other related disciplines, provided they demonstrate a strong professional track record in…