Corporate Banking Underwriting & Portfolio Management – Associate

Santander Bank; New York (NY); On-site; USD 110,000 - 180,000; Full time

Job summary

Santander Bank is seeking an Associate for Corporate Banking Underwriting & Portfolio Management in New York. The role focuses on underwriting transactions, managing risk, and driving loan growth within a fast-paced team environment.

The candidate brings strong analytical skills, proficiency in financial statements, and experience in credit structuring and negotiation. Collaboration with internal partners is essential for successful debt solutions.

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 underwriting commercial or corporate loan transactions.

Responsibilities

• Lead deal diligence, identifying key risks and evaluating potential credit.
• Review deal documents and third party reports in data rooms.
• Structure deals and oversee internal approval processes.
• Mentor junior underwriting staff on best practices.
• Collaborate with RM and underwriting units to manage risk and credit structures.

Skills

Communication skills

Analytical skills

Financial statements

Teamwork

MS Office

Credit structuring

Credit risk analysis

Negotiation

Education

Bachelor's Degree or equivalent

Tools

Microsoft Office

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