Associate CIB Underwriting & Portfolio Management
Country: United States of America
It Starts With You:
Santander is a global leader and innovator in the financial services industry and is evolving from a high-impact brand into a technology-driven organization. Our people are at the heart of this journey and 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.
The Difference You Make:
The Associate CIB Underwriting & Portfolio Management manages a portfolio of complex and/or high dollar banking loan relationships, and routinely monitors them for risks inherent in a business loan portfolio. The incumbent provides support to the manager of the department on continuous improvement initiatives and takes the lead on projects that support loan growth and efficiency objectives within lines of business. The Associate, Underwriting & Portfolio Management helps deliver an industry-leading experience for both internal and external customers and acts as a subject matter expert.
•Leads deal diligence process including identifying all key risks.
•Reviews relevant deal documents / information provided in data room, by Company / Sponsor, and third party reports.
•Helps to structure deals.
•Oversees internal approval process including ensuring accurate and timely completion of internal approval write-ups and leading deal merit discussion on internal approval calls.
•Manages legal aspect of deal process.
•Mentors junior resources on underwriting best practices.
What You Bring:
Education:
•Bachelor's Degree: in related field or equivalent demonstrated through a combination of work experience, training, military service, or education - Required
Qualifications:
•5+ Years Financial analysis, structuring, underwriting and portfolio management - Required
•5+ Years Experience with underwriting loan transactions - Required
•Superior written and verbal communication skills
•Strong analytical skills and proficient with financial statements
•Ability to work in a fast paced environment with little supervision
•Ability to work well with others and on teams
•Proficient in Microsoft Office, including Word, Excel and PowerPoint
•Skilled in proposing and negotiating and recommending credit and covenant structures
•Comfortable in customer contact situations including escalations and potential work-out/loan restructure environments
•Ability to foster strong partnerships with the related documentation and underwriting units
•Demonstrated practical and conceptual knowledge of credit and risk analysis
•Demonstrated knowledge in financial modeling and able to structure credit in modeling environment. Able to assist RM's on how to structure the credit relationship
•Exhibits competency at independently reaching conclusions and forms clear view of credit structure and business risk to organization
•Solid understanding of industry nuances applicable to the credits contained within the group's portfolio
•Solid knowledge of loan and related legal documents
•Strong communication skills, and ability to influence others by persuasively presenting thoughts and ideas to gain commitment and agreement for proposed ideas and solutions
•Must demonstrate strong judgment and sound credit skills
•Knowledge of Federal banking regulations
Certifications:
•Other: Completion of bank-certified course in Credit Training - Preferred
It Would Be Nice For You To Have:
•Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.
Work Authorization & Sponsorship:
Applicants must be legally authorized to work in the United States on a full-time basis without requiring employer sponsorship to commence employment.
What Else You Need To Know:
The base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.
Base Pay Range:
Minimum: $145,000.00 USD
Maximum: $175,000.00 USD
Risk Culture:
We embrace a strong risk culture and all of our professionals at all levels are expected to take a proactive and responsible approach toward risk management.
Working Conditions:
Frequent minimal physical effort such as sitting, standing and walking is required for this role. Depending on location, occasional moving and lifting light equipment and/or furniture may be required.
