Associate CIB Credit & Portfolio Management

Banco Santander•Miami, FL

About The Position

The Associate, CIB Credit & Portfolio Management helps underwrite and monitor complex and/or high-dollar commercial real estate (CRE) and other banking loan relationships, identifying and managing risks in a business loan portfolio. The role supports the department manager on continuous improvement initiatives and leads selected projects that support loan growth and efficiency objectives. It also contributes to an industry-leading experience for internal and external customers. The Associate conducts deal diligence, reviews deal documents and data-room materials, assesses information from companies and sponsors and third-party reports, and helps structure transactions and recommend credit and covenant terms. Working with the front office team, the role underwrites CRE transactions such as warehouse and repurchase facilities, term loans, and revolving credit facilities by analyzing collateral quality, sponsor strength, cash flows, and downside scenarios. The Associate prepares credit approval materials for new transactions, renewals, extensions, amendments, and annual reviews; supports risk ratings; participates in deal presentations and internal approval discussions; and helps ensure approval write-ups are completed accurately and on time. The role also coordinates deal-related legal matters with counsel and documentation teams and conducts ongoing portfolio monitoring, including loan performance, covenant and borrowing-base compliance, concentrations, and emerging credit or event risks.

Requirements

Bachelor’s degree in a related field, or equivalent demonstrated through a combination of work experience, training, military service, or education.
At least 5 years of CRE credit experience, including underwriting and structuring CRE loans and/or CRE warehouse, repurchase, and other secured financing facilities across property types.
Experience with CRE portfolio management, including surveillance, annual reviews, renewals and extensions, amendments, risk-rating recommendations, and exposure and concentration monitoring.
Experience preparing credit approval memoranda and presenting recommendations to senior credit approvers and credit committees.
Strong knowledge of CRE underwriting fundamentals, including property-level cash flow analysis, NOI, DSCR, LTV, debt yield, appraisals, and lease and rent-roll analysis.
Practical and conceptual knowledge of credit and risk analysis, including evaluation of sponsor and borrower strength, collateral performance, market trends, and downside and stress scenarios.
Strong analytical and financial modeling skills; proficiency with financial statements and the ability to structure credit in a modeling environment and assist relationship managers with structuring credit relationships.
Skill in proposing, negotiating, and recommending credit and covenant structures, including advance rates, eligibility, and margin-call provisions.
Knowledge of loan and related legal documents, including credit and warehouse agreements, guarantees, and collateral and servicing documents.
Understanding of industry nuances applicable to the group's portfolio and knowledge of Federal banking regulations.
Proficiency in Microsoft Word, Excel, and PowerPoint, and ability to work with data.
Sound judgment and credit skills, with the ability to independently reach conclusions and form a clear view of credit structure and business risk.
Strong written and verbal communication skills and ability to persuasively present ideas and influence others toward proposed solutions.
Ability to work in a fast-paced environment with little supervision, work well on teams, and foster partnerships with documentation and underwriting units.
Comfort in customer-contact situations, including escalations and potential workout or loan-restructuring environments.
Legal authorization to work in the United States full-time without employer sponsorship to commence employment.

Nice To Haves

Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.

Responsibilities

Underwrite and monitor complex and/or high-dollar CRE and other banking loan relationships, identifying and managing portfolio risks.
Support the department manager on continuous improvement initiatives and lead selected projects supporting loan growth and efficiency.
Conduct deal diligence, identify key risks, and review deal documents, data-room materials, company and sponsor information, and third-party reports.
Help structure deals and recommend credit and covenant structures.
Work with the front office team to underwrite CRE warehouse and repurchase facilities, term loans, and revolving credit facilities.
Analyze collateral quality, sponsor strength, cash flows, and downside scenarios.
Prepare credit approval materials for new transactions, renewals, extensions, amendments, and annual reviews, and support risk ratings.
Participate in deal presentations and merit discussions on internal approval calls, ensuring approval write-ups are accurate and timely.
Coordinate legal aspects of transactions with counsel and documentation teams.
Monitor loan performance, covenant and borrowing-base compliance, and concentrations, and proactively flag emerging credit and event risks.