Job Abstract

New York, United States of America

The Associate, 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. They provide support to the manager of the department on continuous improvement initiatives and take 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.

Essential Functions/Responsibility Statements:

• 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.

Qualifications:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education:

• Bachelor's Degree, or equivalent degree and/or work experience, in Finance, Accounting, Management, Economics, or a related field.

Work Experience:

• Experience in financial analysis, structuring, underwriting, and portfolio management, 3+ years with a Bachelor's degree or 1+ years with a MBA or Master's degree.

• Experience with underwriting loan transactions, 3+ years with a Bachelor's degree or 1+ years with a MBA or Master's degree.

Skills and Abilities:

• 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 a modeling environment. Able to assist RM's on how to structure the credit relationship.

Diversity & EEO Statements: At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams. We actively encourage everyone to apply.

Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status or any other characteristic protected by law.

Working Conditions: Frequent Minimal physical effort such as sitting, standing and walking. Occasional moving and lifting equipment and furniture is required to support onsite and offsite meeting setup and teardown. Physically capable of lifting up to fifty pounds, able to bend, kneel, climb ladders.

Employer Rights: This job description does not list all of the job duties of the job. You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. This job description is not a contract for employment and either you or the employer may terminate at any time for any reason.

Primary Location: New York, NY, Madison Ave Corp

Other Locations: New York-New York

Organization: Banco Santander S.A.

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.