Transaction Manager, Corporate & I-Banking Lending Products - Executive Director

Santander

2d • $200,000 - $260,000 • Hybrid

About The Position

The SCIB Transaction Manager – SCIB Lending (including Leveraged Finance and Structured Finance) is a senior individual-contributor role within US SCIB COO Lending Solutions. The role manages complex lending transactions from approval through closing, booking, funding, settlement, and lifecycle handoff, with a primary focus on SCIB lending transactions. It is not a head-of-function role; the Transaction Manager supports the build-out of the US Transaction Management team, establishes execution standards, coordinates complex closings and amendments, trains team members, and serves as a senior escalation point for high-priority transactions.

The position ensures that lending transactions are closed and booked in accordance with approvals, executed documentation, KYC/AML requirements, and operational readiness standards. It coordinates front-to-back execution among business lines and functions, and helps strengthen the US SCIB Lending Solutions control environment. The role also supports the day-to-day operations of business units by improving the effectiveness and efficiency of people, processes, and technology; managing risk; and building repeatable service and execution capabilities.

This is a hybrid position requiring three days per week in either New York City or Miami. The posted annual base pay range is $200,000 to $260,000. Applicants must be legally authorized to work full-time in the United States without employer sponsorship to commence employment.

Requirements

• Bachelor's degree or equivalent work experience.
• 10–15 years of relevant experience in CIB lending execution, Leveraged Finance, Structured Finance, transaction management, loan operations, agency, credit administration, legal execution, or middle office.
• Knowledge of Leveraged Finance and Structured Finance lending transactions, syndicated loan processes, credit approvals, loan documentation, KYC/AML, collateral, covenants, booking, funding, settlement, and servicing handoffs; middle office experience.
• Strong transaction execution, issue-resolution, stakeholder-management, and control-judgment skills.
• Ability to manage multiple complex closings and amendments under time pressure.
• Strong understanding of Leveraged Finance and Structured Finance structures, credit agreements, funds flows, allocations, and agency processes.
• Senior individual-contributor credibility with Front Office, Advisory, Credit, Legal, Compliance, Operations, and Finance.
• Excellent attention to detail, escalation discipline, and ownership mindset.
• Ability to train team members and help institutionalize repeatable execution standards.
• Balanced commercial orientation and first-line control discipline.
• 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 a comparable loan booking or servicing platform.
• Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.

Responsibilities

• Lead execution coordination for 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.
• Identify material changes to approved terms and escalate them for re-approval where required before signing, closing, booking, or funding.
• Partner with Advisory, Legal, and Front Office during documentation negotiations to identify operational, control, booking, agency, collateral, covenant, and funding implications.
• Confirm completion or appropriate escalation of 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.
• Prepare or validate booking instructions and coordinate with Middle Office, Back Office, Treasury, Finance, Agency, and Operations to support accurate system setup and funding readiness.
• Track and resolve booking defects, documentation gaps, post-close items, and control exceptions.
• Coordinate amendments, waivers, extensions, repricings, incremental facilities, assignments, paydowns, and other lifecycle events requiring cross-functional execution.
• Route amendments requiring credit, business, legal, compliance, or operational approvals appropriately and ensure approvals are evidenced before implementation.
• Support handoff to Portfolio Management, Agency, Operations, and Servicing for covenant, collateral, monitoring, and servicing obligations.
• Develop procedures, playbooks, closing standards, training materials, issue logs, and quality-control routines to support the US Transaction Management team build-out.
• Train and mentor new and junior team members on deal mechanics, Leveraged Finance and Structured Finance transaction structures, closing protocols, documentation review, booking controls, and escalation standards.
• Identify recurring issues and recommend process, technology, data-quality, and control enhancements.
• Partner with Leveraged Finance, Structured Finance, IG, GTB, Capital Markets, Credit, Legal, Compliance, Agency, Treasury, Finance, Operations, and Client Lifecycle Management stakeholders.
• Communicate transaction status, blockers, risks, decisions, dependencies, and escalation items clearly.
• Support audit, regulatory, credit review, and internal control requests related to transaction execution and closing evidence.
• Analyze and review data tools, business processes, and operational standards to execute service delivery.
• Evaluate whether operations meet company objectives, business needs, service agreements, and relevant requirements.
• Research and monitor external developments and translate them into operational implications.
• Perform other duties assigned by management based on business, regulatory, control, or operational needs.

Benefits

• The company describes its rewards package as including benefits designed to support employees, their families, and well-being, but does not specify individual benefits in the posting.

What This Job Offers

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