Associate, Project Finance Portfolio

Santander • Miami, FL

18h • $145,000 - $175,000

About The Position

The Associate, Project Finance Portfolio is an individual contributor within US SCIB COO Lending Solutions. The role supports portfolio monitoring, credit reviews, financial spreading, covenant tracking, collateral monitoring, and lifecycle credit administration across SCIB lending portfolios. Supported business lines and products include Infrastructure Finance, Structured Finance, Leveraged Finance, Investment Grade corporate lending, and GTB-linked credit exposures.

The position focuses on accurate and timely portfolio monitoring, maintaining high-quality credit, covenant, collateral, and review materials, and supporting a scalable first-line portfolio management framework. The associate works with Front Office, Credit, Risk, Agency, Operations, Transaction Management, and Finance, and may help train analysts on portfolio monitoring processes and standards.

Requirements

• Bachelor’s degree or equivalent work experience.
• Working knowledge of credit analysis, financial statements, portfolio monitoring, covenant tracking, collateral monitoring, and lending documentation.
• Strong analytical, organizational, and written communication skills.
• Ability to perform financial spreading, covenant calculations, and recurring portfolio tracking.
• Strong Excel skills and comfort with credit, covenant, loan, and reporting systems.
• Ability to manage deadlines and escalate issues clearly.
• Attention to detail and commitment to high-quality work product.
• Curiosity, ownership, and willingness to learn complex lending products.
• Ability to collaborate across Business, Credit, Risk, and Operations.
• Good judgment in identifying exceptions and escalation items.
• 3–6 years of relevant experience in portfolio management, credit analysis, financial spreading, lending, agency, credit administration, risk management, or related roles.
• Applicants 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

• Exposure to Infrastructure Finance, Structured Finance, Leveraged Finance, Investment Grade corporate lending, or GTB.
• Completion of a bank-certified course in Credit Training (preferred).
• Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.

Responsibilities

• Prepare drafts and supporting analysis for quarterly and annual reviews, covering borrower performance, financial trends, covenant compliance, collateral status, rating considerations, and risk commentary.
• Perform credit spreading, ratio analysis, variance analysis, and borrower update analysis using financial statements and internal systems.
• Maintain portfolio review calendars, deliverable trackers, and supporting evidence for assigned portfolio names.
• Track borrower reporting deliverables, financial and non-financial covenants, borrowing base requirements, collateral documents, insurance requirements, and other ongoing obligations.
• Identify missing items, potential breaches, data-quality issues, and exceptions for escalation to appropriate Portfolio Management leadership, Credit, Agency, Legal, or Operations contacts.
• Update covenant, collateral, and portfolio monitoring tools accurately and on time.
• Support analysis and tracking for amendments, waivers, consents, extensions, repricings, and other lifecycle events.
• Coordinate with Transaction Management, Credit, Legal, Agency, and Operations to gather information and track approvals, documentation changes, and system updates.
• Maintain documentation and evidence of lifecycle decisions and post-close or post-amendment follow-ups.
• Prepare recurring portfolio reports, exception trackers, covenant dashboards, collateral monitoring updates, and management reporting inputs.
• Support internal control, audit, credit review, and regulatory information requests related to portfolio monitoring.
• Assist with data-quality cleanup, process improvement initiatives, and procedure documentation.
• Work with Front Office, Credit, Risk, Agency, Operations, Transaction Management, and Finance to obtain data, resolve monitoring issues, and support timely reviews.
• Provide support across Infrastructure Finance, Structured Finance, Leveraged Finance, IG, and GTB portfolios as assigned.
• Help train analysts on spreading, covenant tracking, monitoring tools, and review preparation standards.
• Take a proactive and responsible approach toward risk management.

Benefits

• Competitive rewards package; benefits are described as supporting employees, their families, and well-being. A linked Santander benefits guide is provided.

What This Job Offers

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