Underwriting & Portfolio Management Associate

Underwriting & Portfolio Management AssociateSantander is a global leader and innovator in the financial services industry. We believe that our employees are our greatest asset. Our focus is on fostering an enriching journey that empowers you to explore diverse career opportunities while nurturing your personal growth. We are committed to creating an environment where continuous learning and development are prioritized, enabling you to thrive both professionally and personally. Here, you will find ample opportunities to connect and collaborate with talented colleagues from around the world, sharing insights and driving innovation together. Join us at Santander, where you are supported by a culture of engagement and a commitment to your success. An exciting journey awaits, if you are interested in exploring the possibilities.The Difference You MakeThe Associate, Underwriting & Portfolio Management manages a portfolio of loan relationships, and routinely monitors them for risks inherent in a loan portfolio. The incumbent provides support to the manager of the department on continuous improvement initiatives and takes the lead on projects that support loan growth and efficiency objectives within lines of business. The Associate, Underwriting & Portfolio Management helps deliver an industry-leading experience for both internal and external customers and acts as a subject matter expert.Responsibilities:Provide financial analysis on large corporate clients with a focus on credit.Underwrite credits, spread financials, perform projections unsupervised with deep understanding of the client.Participates in deal diligence process including identifying all key risks.Reviews relevant deal documents / information provided in data room, by Company / Sponsor, and third party reports.Oversees internal approval process including ensuring accurate and timely completion of internal approval write-ups and leading deal merit discussion on internal approval calls.What You BringTo perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.Required:At least 3+ years of experience in credit underwriting with solid experience in spreading financials under GAAP and IFRS accounting, understanding the concepts of EBITDA add-backs and ability to perform projections unsupervised with deep understanding of the client.Experience with financial analysis of large corporate clients with a focus on credit.Bachelor's Degree or equivalent work experience: Finance, Accounting, Management, Economics or equivalent field.3+ Years Financial analysis, structuring, underwriting and portfolio management.3+ Years Experience with underwriting loan transactions.Superior written and verbal communication skills.Strong analytical skills and proficiency navigating and understanding financial statements.Ability to work in a fast paced environment with little supervision.Ability to work well with others and on teams.Proficient in Microsoft Office, including Word, Excel and PowerPoint.Skilled in proposing and negotiating and recommending credit and covenant structures.Comfortable in customer contact situations including escalations and potential work-out/loan restructure environments.Ability to foster strong partnerships with the related documentation and underwriting units.Demonstrated practical and conceptual knowledge of credit and risk analysis.Demonstrated knowledge in financial modeling and able to structure credit in modeling environment. Able to assist RM's on how to structure the credit relationship.Exhibits competency at independently reaching conclusions and forms clear view of credit structure and business risk to organization.Solid understanding of industry nuances applicable to the credits contained within the group's portfolio.Solid knowledge of loan and related legal documents.Strong communication skills, and ability to influence others by persuasively presenting thoughts and ideas to gain commitment and agreement for proposed ideas and solutions.Must demonstrate strong judgment and sound credit skills.Knowledge of Federal banking regulations.Preferred:Completion of bank-certified course in Credit Training.Experience in Microsoft Office products.What Else You Need To KnowThe base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.Base Pay Range: Minimum: $78,750.00 USD Maximum: $122,500.00 USDRisk Culture: We embrace a strong risk culture and all of our professionals at all levels are expected to take a proactive and responsible approach toward risk management.EEO Statement: At Santander, we value and respect differences in our workforce. We actively encourage everyone to apply. Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status or any other characteristic protected by law.Working Conditions: Frequent minimal physical effort such as sitting, standing and walking is required for this role. Depending on location, occasional moving and lifting light equipment and/or furniture may be required.Employer Rights: This job description does not list all of the job duties of the job. You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. This job description is not a contract for employment and either you or the employer may terminate your employment at any time for any reason.To Do Next: If this sounds like a role you are interested in, then please apply. We are committed to providing an inclusive and accessible application process for all candidates. If you require any assistance or accommodation due to a disability or any other reason, please contact us at TAOps@santander.us to discuss your needs.