Associate, Transaction Management

Santander•Miami, FL

2d•$107,500 - $132,500•Onsite

About The Position

The Associate, Transaction Management – SCIB Lending (incl. Leveraged Finance and Structured Finance) is an Associate individual contributor role within US SCIB COO Lending Solutions. The role is responsible for managing complex lending transactions from approval through closing, booking, funding, settlement, and lifecycle handoff, with a primary focus on SCIB lending transactions (incl. Leveraged Finance and Structured Finance). Objectives are to 1) Ensure lending transactions are closed and booked in accordance with approvals, executed documentation, KYC/AML requirements and operational readiness standards. 2) Support front-to-back coordination across Business Lines, Advisory, Credit, Legal, Compliance, Agency, Capital Markets, Treasury, Finance, Operations and Back Office. 3) Strengthen the US SCIB Lending Solutions control environment.

Requirements

Bachelor Degree or equivalent work experience
3-6 years of relevant experience in portfolio management, credit analysis, financial spreading, lending, agency, credit administration, risk management, or related roles.
Strong transaction execution, problem-solving, stakeholder engagement and understanding of control requirements.
Ability to manage execution activities across multiple complex closings and amendments under time pressure.
Strong understanding of Lev Fin and Structured Finance structures, credit agreements, funds flows, allocations, and agency processes.
Ability to work effectively with Front Office, Advisory, Credit, Legal, Compliance, Operations and Finance.
Excellent attention to detail, escalation discipline, and accountability.
Ability to share knowledge with team members and contribute to the development of repeatable execution standards.
Understanding of commercial priorities and first line control requirements.
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

Experience with Loan IQ or comparable loan booking / servicing platforms preferred.
Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.

Responsibilities

Support the execution of complex Leveraged Finance, Structured Finance, syndicated, bilateral, club, participant, left lead, and amendment transactions from pre-approval through close.
Coordinate closing checklists, conditions precedent, documentation status, approval evidence, funds flow, allocations, operational setup, and stakeholder readiness.
Monitor for material changes to approved terms and escalate them for review and re-approval where required before signing, closing, booking, or funding.
Partner with Advisory, Legal and Front Office during documentation negotiation to help identifying operational, control, booking, agency, collateral, covenant, and funding implications.
Review and track that approvals, KYC/AML diligence, borrower/guarantor/lender onboarding, legal documentation, collateral/security requirements, insurance, UCC/lien perfection, flood diligence, covenant setup, risk system updates, deal capture and booking data for completion, escalating outstanding items as appropriate.
Prepare and review booking instructions and coordinate with Middle Office, Back Office, Treasury, Finance, Agency and Operations to support accurate system setup and funding readiness.
Track and support the resolution of booking defects, documentation gaps, post-close items, and control exceptions.
Support the execution of transaction amendments, waivers, extensions, repricings, incremental facilities, assignments, paydowns and other lifecycle events requiring cross-functional execution.
Track required credit, business, legal, compliance and operational approvals and escalate outstanding items as appropriate before implementation.
Support the handoff of transactions to Portfolio Management, Agency, Operations and Servicing for covenant, collateral, monitoring, and servicing obligations.
Contribute to the development and enhancement of procedures, playbooks, closing standards, training materials, issue logs, and quality control routines.
Share knowledge and support the onboarding of new team members on deal mechanics, Lev Fin and Structured Finance transaction structures, closing protocols, documentation review, booking controls, and escalation standards.
Identify recurring issues and contribute to process, technology, data quality, and control enhancements.
Work closely with Leveraged Finance, Structured Finance, IG, GTB, Capital Markets, Credit, Legal, Compliance, Agency, Treasury, Finance, Operations, and Client Lifecycle Management stakeholders.
Communicate clearly on transaction status, blockers, risks, decisions, dependencies, and escalation items.
Support audit, regulatory, credit review and internal control requests related to transaction execution and closing evidence.