Commercial & Wholesale Operations Analyst

Santander Bank • New York, NY

298d • $54,375 - $82,500

About The Position

Responsible for the day-to-day operations of the company's business units. Aims to deliver superior service to clients by driving and optimizing the effectiveness and efficiency of people, processes and technology thereby enhancing financial performance, increasing investment capacity, and managing risk. Builds the sustainable repeatable capabilities that support delivery of the highest standards of service and execution. Analyzes and reviews data tools, business processes and operational standards to execute service delivery. Evaluates and ensures that operations meet company objectives, business needs, service agreements and relevant requirements. Researches and monitors external landscape to identify developments and translate them into operational implications for the company.

Requirements

• Bachelor's Degree or equivalent work experience in Business or equivalent degree.
• Working knowledge of banking operations - 3-5 years.
• Excellent communication skills.
• Good organizational skills and attention to details.
• Solid knowledge/skills of Microsoft Office Suite and various bank systems.
• Ability to adapt quickly and be a team player.
• Working knowledge in Commercial Banking.
• Ability to meet deadlines.
• Strong knowledge of the Syndicated and Commercial Loan products and markets.
• Demonstrated knowledge of other banking products and the ability to apply that information to this role.
• Expert knowledge of overall lending policies and procedures, credit analysis, underwriting, structuring, etc.
• Excellent organizational, management, communication and customer service skills.
• Solid judgment within broadly defined policies and practices.

Responsibilities

• As part of the payoff team, will be responsible for ordering and returning files for loan payoffs.
• Processes transactions involving booking and servicing commercial loans and letter of credit.
• Researches and responds to incoming commercial loan requests received from business areas supported by the department.
• Researches payment history, loan balances, and associated documentation including loan notes, forbearance agreements, and modifications.
• Performs dollar transactions and maintenance and quality review.
• Creates and analyzes error reports, researching the payments log, and incoming wire transfer payments.
• Ensures proper documentation is filed appropriately and is available for internal and external audits.
• Identifies and resolves problems within established guidelines.

Benefits

• Salary: $54,375 - $82,500/year

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree