Associate CIB Underwriting & Portfolio Management

Santander

1d • $145,000 - $175,000

About The Position

The Associate CIB Underwriting & Portfolio Management manages a portfolio of complex and/or high-dollar banking loan relationships and routinely monitors risks inherent in a business loan portfolio. The role supports the department manager on continuous improvement initiatives and leads projects that support loan growth and efficiency objectives across lines of business. The Associate helps deliver an industry-leading experience for internal and external customers and serves as a subject matter expert.

The role leads deal diligence, identifies key risks, reviews deal documents and information from data rooms, companies, sponsors, and third-party reports, and helps structure deals. It oversees the internal approval process, including accurate and timely approval write-ups and leading deal-merit discussions on approval calls. The Associate also manages legal aspects of deal processes and mentors junior resources on underwriting best practices.

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 financial analysis, structuring, underwriting, and portfolio management experience.
• At least 5 years of experience underwriting loan transactions.
• Superior written and verbal communication skills.
• Strong analytical skills and proficiency with financial statements.
• Ability to work in a fast-paced environment with little supervision.
• Ability to work well with others and on teams.
• Proficiency in Microsoft Office, including Word, Excel, and PowerPoint.
• Skill in proposing, negotiating, and recommending credit and covenant structures.
• Comfort with customer-contact situations, including escalations and potential workout or loan-restructuring environments.
• Ability to foster strong partnerships with related documentation and underwriting units.
• Practical and conceptual knowledge of credit and risk analysis.
• Knowledge of financial modeling and ability to structure credit in a modeling environment and assist relationship managers with structuring credit relationships.
• Ability to independently reach conclusions and form a clear view of credit structure and business risk to the organization.
• Solid understanding of industry nuances relevant to credits in the group’s portfolio.
• Solid knowledge of loan and related legal documents.
• Ability to influence others by persuasively presenting thoughts and ideas to gain commitment and agreement for proposed ideas and solutions.
• Strong judgment and sound credit skills.
• Knowledge of Federal banking regulations.
• Must be legally authorized to work in the United States on a full-time basis without requiring employer sponsorship to commence employment.

Nice To Haves

• Completion of a bank-certified course in Credit Training.
• Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.

Responsibilities

• Manage a portfolio of complex and/or high-dollar banking loan relationships and monitor risks in the business loan portfolio.
• Support the department manager on continuous improvement initiatives and lead projects that support loan growth and efficiency objectives.
• Lead deal diligence and identify key risks.
• Review deal documents and information provided in data rooms by companies and sponsors, as well as third-party reports.
• Help structure deals.
• Oversee the internal approval process, including accurate and timely completion of internal approval write-ups.
• Lead deal-merit discussions on internal approval calls.
• Manage legal aspects of the deal process.
• Mentor junior resources on underwriting best practices.
• Help deliver an industry-leading experience for internal and external customers and act as a subject matter expert.

Benefits

• Competitive rewards package.
• Benefits designed to support employees, their families, and their well-being; specific benefits are referenced in the Santander Benefits guide.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level