Associate, Portfolio Management Community Development / CRE

Banco Santander SA; Town of Oyster Bay (NY); On-site; USD 101,000 - 165,000; Full time

Job summary

Banco Santander SA in the United States is seeking an Associate, Portfolio Management Community Development / CRE to manage a portfolio of credit relationships and oversee risk-adjusted lending. The role focuses on underwriting, loan closing, client service, cross-sell opportunities, and collaboration with Risk Management to maintain a strong credit culture across a middle-market portfolio.

Excellent communication, analytical skills, and attention to regulatory requirements are essential as you

Qualifications

• Bachelor’s degree required or equivalent demonstrated through work experience, training, military service, or education.
• Strong analytical skills and proficiency with financial statement modeling.
• Strong credit skills with the ability to evaluate strength and weakness of a wide variety of credits.
• Formal credit training program preferred.
• Ability to produce high quality underwriting documents with concise, well-reasoned analysis under tight time constraints.
• Excellent interpersonal, team-building and communication skills.
• Thorough understanding of regulations governing financial products and services.

Responsibilities

• Manage a portfolio of credit accounts and oversee underwriting processes.
• Lead loan approval discussions and coordinate loan documentation and closings.
• Grow and manage a middle-market portfolio, driving net interest income and loan-related fees.
• Maintain client satisfaction with periodic meetings and cross-sell opportunities.
• Ensure timely renewals, reviews, and analyses while adhering to policies and risk guidelines.

Skills

Analytical skills

Credit analysis

Underwriting

Financial modeling

Documentation

Communication

Regulatory knowledge

Microsoft Office

Education

Bachelor’s degree

Tools

MS Office

Job description

Associate, Portfolio Management Community Development / CRE Country: United States of America

It Starts With You: 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, Portfolio Management manages a portfolio of credit account relationships and is responsible for credit risk management, retention and expansion of directly assigned customer relationships including underwriting, leading loan approval discussions, coordinating loan documentation and closing new loans to existing and new customers.

Grows and manages an assigned portfolio of high level banking credit account relationships, generating growth in net interest income and loan-related fee revenue.

Achieves a high level of client satisfaction and customer service including periodic client meetings to respond to customer credit questions, sell appropriate credit products and services and identify cross-sell opportunities and make appropriate referral

Delivers exceptional credit execution including prudent, sound and timely completion of all underwriting and portfolio management requirements within an assigned middle market portfolio.

Directly negotiates credit terms with clients, underwrites loan requests, leads deal screen & loan approval discussions, and closes approved credit transactions including engagement of counsel and preparation of legal documentation for loans to existing

Produces quality underwriting documents for new/incremental business.

Thoroughly identifies and analyzes all risks and mitigating factors, identifies variances to policy/procedures and assign accurate risk grade with appropriate justifications.

Ensures timely completion of renewals, annual reviews, and interim analyses.

Works collaboratively with Risk Management on underwriting and credit approval matters.

Supports a strong risk culture for Santander by conducting day-to-day business in compliance with laws and regulations, internal policies and guidelines and proactively identifying, communicating, and addressing issues warranting attention.

Meets Credit Risk Review, Audit and OCC requirements for acceptable reviews.

Ensures that the portfolio and all deal screen memos, term sheets and underwriting documents meet all existing Company and federal compliance requirements.

What You Bring:

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 functions.

Education: Bachelor’s Degree: in related field or equivalent demonstrated through a combination of work experience, training, military service, or education - Required

Qualifications:

• - Required.
• Strong analytical skills and proficiency with financial statement modeling.
• Strong credit skills with the capacity to evaluate strength and weakness of a wide variety of credits.
• Formal credit training program preferred.
• 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 assigned portfolio.
• Excellent interpersonal, team building and communication skills.
• Thorough understanding of regulations governing financial products and services.
• Proficient with Microsoft office .

Certifications: No Certifications listed for this job.

It Would Be Nice For You To Have:

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

Work Authorization & Sponsorship:

Applicants must be legally authorized to work in the United States on a full-time basis without requiring employer sponsorship to commence employment.

What Else You Need To Know:

The 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: $101,250.00 USD Maximum: $165,000.00 USD

We Value Your Impact:

Your contribution matters and it’s recognized. You can expect a fair and competitive rewards package that reflects the impact you create and the value you deliver. We know rewards go beyond numbers. Offering more than just a paycheck our benefits are designed to support you, your family and your well-being, now and into the future. Santander Benefits - 2026 Santander OnGoing/NH eGuide (foleon.com)

Risk 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.

The Santander Way

Santander is evolving from a global, high-impact brand into a technology-driven organization, and our people are at the heart of this journey.

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.

Our mission is to contribute to help more people and businesses prosper.

We embrace a strong risk culture and all our professionals at all levels are expected to take a proactive and responsible approach toward risk management.

Ready to make it happen? It starts with you. It starts here.