Commercial Banking Middle Market Underwriter/Portfolio Manager
Company: Santander Holdings USA Inc
Posted on: November 25, 2022
Commercial Banking Middle Market Underwriter/Portfolio
Country: United States of America
WHAT YOU WILL BE DOING
USA Job Family Description:
Reviews, analyzes and evaluates risks in order to renew existing
business or generate new accounts. Determines appropriate terms and
conditions for coverages and rates for program profitability.
Contributes to the profitable growth of specific program(s) by
maintaining pricing integrity, product excellence, and the
development of meaningful performance metrics and controls.
USA Job Function Description:
Underwrites risk (i.e., selection/rejection of new and renewal
business). Analyzes quality and quantity of risks underwritten and
prepares reports accordingly. Administers and monitors underwriting
rules and guidelines, rating manual rules, laws and regulations.
May review books of business as well as profit/growth results and
trends to recommend and implement action plans.
Essential Functions/Responsibility Statements:
Underwrites new and renewal transactions.
Ensures financial statements are spread and analyzed, addressing
industry risks, monitoring collateral requirements, loan
structuring and pricing, credit analysis, monitoring credit
performance and assisting with loan presentations.
Handles reporting on loans such as past dues, documentation and
collateral exceptions, financial performance updates, portfolio
profitability, risk grades, etc.
Expands and builds relationships with a high degree of resultant
Keeps informed of financial and market trends in the portfolio and
analyzes those trends for the effect they will have on the
Manages and services a portfolio of existing loan
Assists in special projects as assigned.
To 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
Bachelor's Degree or equivalent work experience in Finance,
Accounting, Management, Economics or equivalent field. (Req)
Master's Degree in Finance, Accounting, Management, Economics or
equivalent field. (Pref)
9+ years of hands-on commercial or corporate banking financial
analysis, structuring, underwriting and portfolio management, or
relevant, experience (Req)
Skills and Abilities:
Skilled in proposing and negotiating and recommending credit and
Comfortable in customer contact situations including escalations
and potential work-out/loan restructure environments
Demonstrated practical and conceptual knowledge of credit and risk
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
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
Diversity & EEO Statements:
At Santander, we value and respect differences in our workforce and
strive to increase the diversity of our teams. 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.
Frequent Minimal physical effort such as sitting, standing and
walking. Occasional moving and lifting equipment and furniture is
required to support onsite and offsite meeting setup and teardown.
Physically capable of lifting up to fifty pounds, able to bend,
kneel, climb ladders.
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 at any time for any reason.
For NYC Job Applicants: The base annual salary range for this
position is $126,000-$165,000. The exact compensation may vary
based on skills, experience, training, licensure and certifications
Primary Location: New York, New York, United States of America
Other Locations: New York-New York,New Jersey-Florham
Organization: Santander Bank N.A.
Keywords: Santander Holdings USA Inc, New Rochelle , Commercial Banking Middle Market Underwriter/Portfolio Manager, Executive , Syosset, New York
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