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Santander Holdings USA Inc: Commercial Middle Market Underwriter & Portfolio Manager

Company: Santander Holdings USA Inc
Location: Brookline
Posted on: April 3, 2021

Job Description:

Santander's Commercial Banking Division is an active provider of capital, treasury management and risk management solutions to thousands of small and mid-sized companies in the northeast and across the country. We also have expertise and provide service to specific industry sectors including real estate, asset based lending, energy, education, health care and government. Our clients rely on the strength of Santander's balance sheet and the degree to which our relationship managers understand their businesses in order to develop the most relevant and compelling solutions. In addition, Santander's significant international presence in regions around the world uniquely positions us to help companies grow their business, both near and far.SummaryThe Underwriter& Portfolio Managerfocuses on support to commercial lending teams. The incumbent provides expertise in underwriting, structuring, servicing and documenting new and renewal credits. In addition, s/he is responsible for identifying, gathering and analyzing relevant information to assess credit risk, establish viability of sources of repayment and determine appropriate loan structures. Acts as lead underwriter in collaboration with bankers in preparing credit approval memos with recommendations consistent with bank policy that illustrate well-reasoned analysis. This role performs servicing reviews and supports management of the assigned portfolio to identify and minimize risk to the organization. Provides quality customer service, including participation in joint calls on customers, as needed.Duties & ResponsibilitiesEnsures financial statements are spread and analyzed, addressing industry risks, monitoring collateral requirements, loan structuring and pricing, credit analysis, monitoring credit performance and assisting with loan presentationsExpands and builds relationships with a high degree of resultant customer satisfactionHandles reporting on loans such as past dues, documentation and collateral exceptions, financial performance updates, portfolio profitability, risk grades, etc.Keeps informed of financial and market trends in the portfolio and analyzes those trends for the effect they will have on the portfolioManages and services a portfolio of existing loan relationshipAt Santander, we value and respect differences in our work force and strive to increase the diversity of our teams. We actively encourage everyone to apply.Bachelor's Degree or equivalent work experience Finance, Accounting, Management, Economics or equivalent field. Master's Degree Finance, Accounting, Management, Economics or equivalent field9-12 years ofrelevant commercial banking underwriting experience with financial analysis, structuring, underwriting and portfolio managementCompletion of bank-certified course in Credit Training preferredComfortable in customer contact situations including escalations and potential work-out/loan restructure environmentsDemonstrated knowledge in financial modeling and able to structure credit in modeling environmentAble to assist RM's on how to structure the credit relationshipDemonstrated practical and conceptual knowledge of credit and risk analysisExhibits competency at independently reaching conclusions and forms clear view of credit structure and business risk to organizationKnowledge of Federal banking regulationsMust demonstrate strong judgment and sound credit skillsSkilled in proposing and negotiating and recommending credit and covenant structuresSolid knowledge of loan and related legal documentsSolid understanding of industry nuances applicable to the credits contained within the group's portfolioStrong communication skills, and ability to influence others by persuasively presenting thoughts and ideas to gain commitment and agreement for proposed ideas and solutionsPrimary Location:Boston, Massachusetts, United StatesOther Locations:Massachusetts-BostonOrganization:Santander Bank, N.A.

Keywords: Santander Holdings USA Inc, Brookline , Santander Holdings USA Inc: Commercial Middle Market Underwriter & Portfolio Manager, Accounting, Auditing , Brookline, Massachusetts

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