Corporate Banking Underwriting & Portfolio Management – Associate

Santander Bank; New York (NY); On-site; USD 78,000 - 123,000; Full time

Job summary

Banco Santander S.A. in New York is seeking an Associate for Corporate Banking Underwriting & Portfolio Management. The role focuses on underwriting and managing transactions, monitoring risks, and supporting process improvements to drive loan growth and efficiency.

You will mentor juniors and participate in deal structuring and approvals. The candidate should have a finance/credit background, 5+ years in analysis and underwriting, strong communication, and collaboration skills.

Qualifications

• Bachelor’s Degree or equivalent work experience in Finance, Accounting, Management, Economics or related field.
• 5 years of financial analysis, structuring, and portfolio management experience.
• 5 years of underwriting commercial or corporate loan transactions.

Responsibilities

• Lead deal diligence process and identify key risks.
• Review deal documents in data room and third party reports.
• Help structure deals and oversee internal approval processes.
• Manage the legal aspects of the deal process.
• Mentor junior resources on underwriting best practices.

Skills

Communication skills

Analytical skills

Credit & risk analysis

Financial modeling

Microsoft Office

Team collaboration

Credit structuring

Negotiation

Industry knowledge

Credit documentation

Education

Bachelor’s degree or equivalent

Tools

Microsoft Excel

Job description

Corporate Banking Underwriting & Portfolio Management – Associate

Country: United States of America

Your Journey Starts Here:

Santander 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 We Want to Talk to You!

The Difference You Make:

The Associate, Corporate Banking Underwriting & Portfolio Management underwrites and manages transactions, and routinely monitors them for risks inherent in a business 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 helps deliver an industry-leading experience for both internal and external customers and acts as a subject matter expert.

• Leads deal diligence process including identifying all key risks.
• Reviews relevant deal documents / information provided in data room, by Company / Sponsor, and third party reports.
• Helps to structure deals.
• Oversees internal approval process including ensuring accurate and timely completion of internal approval write-ups and leading deal merit discussion on internal approval calls.
• Manages legal aspect of deal process.
• Mentors junior resources on underwriting best practices.

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.

Bachelor’s Degree or equivalent work experience: Finance, Accounting, Management, Economics or equivalent field. – Required.

5 Years of financial analysis, structuring, and portfolio management experience – Required.

5 Years of experience underwriting commercial and/or corporate loan transactions – Required.

• Superior written and verbal communication skills.
• Strong analytical skills and proficient with 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.

Certifications:

• Other Completion of bank-certified course in Credit Training – Preferred.

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.

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: $78,750.00 USD
• Maximum: $122,500.00 USD

Link to Santander Benefits:

Santander Benefits – 2025 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.

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 [e-mail] to discuss your needs.

Primary Location:

New York, NY, Madison Ave Corp

Other Locations:

New York-New York

Organization:

Banco Santander S.A.