Vice President, Portfolio Management Middle Market Banking
About The Position
The Vice President, Portfolio Management works within the Commercial Banking Middle Market division, partnering with portfolio and relationship managers to underwrite new commercial loans for private and publicly owned businesses and manage existing lending relationships. The role performs underwriting due diligence and borrower and guarantor financial analysis, prepares and presents credit materials to credit committees, and monitors covenant compliance, risk ratings, and portfolio credit quality. The Portfolio Manager interacts with internal and external stakeholders, including credit professionals, capital markets, company management, investment bankers, legal counsel, and operations personnel. The position also provides opportunities to teach and mentor junior deal team members. The role supports the region’s overall goals while maintaining customer information and credit files and ensuring compliance with applicable regulations, policies, and procedures. It requires strong credit and analytical judgment, the ability to deliver concise, high-quality underwriting documents under tight time constraints, and the ability to work independently and proactively manage an assigned portfolio.
Requirements
- Bachelor’s degree in a related field, or equivalent demonstrated through a combination of work experience, training, military service, or education.
- At least 5 years of experience in credit structuring, underwriting, and cross-selling.
- Strong analytical skills and proficiency with financial statement modeling.
- Strong credit skills and the ability to evaluate the strengths and weaknesses of a wide variety of credits.
- Ability to produce high-quality underwriting documents with concise, well-reasoned analysis under tight time constraints.
- Ability to work independently and proactively address the needs of an assigned portfolio.
- Excellent interpersonal, team-building, and communication skills.
- Thorough understanding of regulations governing financial products and services.
- Proficiency with Microsoft Office.
- Legally authorized to work in the United States on a full-time basis without requiring employer sponsorship to commence employment.
Nice To Haves
- Formal credit training program.
- Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.
Responsibilities
- Lead underwriting due diligence and partner with relationship managers and junior deal team members to produce deal screens and underwriting documents.
- Interface with clients and other stakeholders to facilitate the underwriting process.
- Detail debt financings and company financials using Excel and Webster’s credit management platform, Sageworks.
- Perform sensitivity analysis and model projected cash flows.
- Draft approval document narratives, identify risks and mitigating factors, document variances to policy and procedures, and assign accurate risk grades.
- Present underwriting memoranda to the credit committee.
- Support legal documentation drafting and negotiations.
- Facilitate loan closings with commercial loan operations.
- Review, spread, and maintain periodic financial statements, compliance certificates, and borrowing base reports.
- Engage with borrowers’ CFOs or similar executives to obtain qualitative performance updates.
- Listen to annual and other interim lender update calls and ask questions when appropriate.
- Ensure timely completion of renewals, annual reviews, and interim analyses.
- Ensure borrowers are assigned appropriate risk ratings.
- Present internal portfolio review memoranda to senior credit executives at periodic meetings.
- Execute amendments and waivers for existing borrowers.
- Maintain ticklers, covenants, and borrower credit files.
- Maintain customer information and data integrity on bank systems.
- Ensure compliance with all regulations, policies, and procedures.
- Teach and mentor junior deal team members.
Benefits
- Competitive rewards package designed to support employees, their families, and well-being; specific benefit offerings are referenced in the Santander Benefits 2026 Santander OnGoing/NH eGuide.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
