Senior Underwriter - Dealer Commercial Services

Santander

1d•$86,250 - $145,000

About The Position

Santander is a global leader and innovator in the financial services industry and is evolving from a high-impact brand into a technology-driven organization. Our people are at the heart of this journey and together, we are driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what’s possible. This is more than a strategic shift. It’s a chance for driven professionals to grow, learn, and make a real difference. If you are interested in exploring the possibilities We Want to Talk to You! The Difference You Make: The Sr. Associate, Underwriter is responsible for managing credit risk by reviewing and properly weighing all aspects of more complex/large relationships. The senior associate is a key resource for underwriters and loan originators for the Dealer Commercial Services line of business. Independently underwrites and prepares accurate and concise proposals or modifications for credit committee approval. Analyzes financial statements, balance sheet, income statements, and cash flow of automotive dealerships, including business history, structure and loan collateral. Monitors portfolio and obtains and reviews up to date financials. Interfaces with customers and internal line of business partners to obtain data to complete analysis. Manages each annual renewal and/or new business loan requests with the highest sense of urgency, while multi-tasking on multiple proposals. Manages the complete end-to-end underwriting process to ensure timely and efficient processing of all annual renewals, modifications, and new business opportunities. Reviews loan inquiries and responds to client requests. Reviews credit memos completed by junior level staff before submission to department or senior management. Reviews and manages past due and coming due loan reports.

Requirements

Bachelor's Degree or equivalent work experience in Finance, Accounting, Management, Economics or equivalent field . - Required.
9+ Years Financial analysis, structuring, underwriting, and portfolio management in Dealer Commercial Services. - - Required.
Commitment to excellent customer service – responds promptly to customer needs, professional interacts with customer.
Extensive decision-making and analytical skills to evaluate information, determine risks, and consider the benefits.
Communication skills, responds well to questions and demonstrates comfort with group presentations.
Proficient knowledge of Microsoft Word, Microsoft Excel, and Microsoft Outlook.
Detail Oriented.
Categorical understanding of the lending process.
Capable of preparing findings reports.
Ability to handle multiple files simultaneously.
Ability to provide leadership in the market by being a positive contributor to the team including being a mentor to less experienced team members and embracing change.
Takes initiative on projects and assignments, seeks alternate solutions when necessary.
Self-starter with ability to work in a face paced team-oriented environment.

Nice To Haves

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

Responsibilities

Manages credit risk by reviewing and properly weighing all aspects of more complex/large relationships.
Key resource for underwriters and loan originators for the Dealer Commercial Services line of business.
Independently underwrites and prepares accurate and concise proposals or modifications for credit committee approval.
Analyzes financial statements, balance sheet, income statements, and cash flow of automotive dealerships, including business history, structure and loan collateral.
Monitors portfolio and obtains and reviews up to date financials.
Interfaces with customers and internal line of business partners to obtain data to complete analysis.
Manages each annual renewal and/or new business loan requests with the highest sense of urgency, while multi-tasking on multiple proposals.
Manages the complete end-to-end underwriting process to ensure timely and efficient processing of all annual renewals, modifications, and new business opportunities.
Reviews loan inquiries and responds to client requests.
Reviews credit memos completed by junior level staff before submission to department or senior management.
Reviews and manages past due and coming due loan reports.