Loans Operations Analyst – Commercial & LC

Santander US; Dallas (TX); On-site; USD 70,000 - 90,000; Full time

Job summary

Santander US is seeking a Whole Loans Operations Analyst to book, fund, and service commercial loans and letters of credit, using established systems and controls. The role includes interpreting credit agreements and handling loan and fee accruals, reconciliations, and related documentation.

The candidate researches loan requests, verifies payment histories and balances, and collaborates to meet deadlines. Strong MS Office skills and knowledge of syndicated and commercial loan products are

Qualifications

• Bachelor’s Degree in related field or equivalent demonstrated through work experience, training, military service, or education - Required
• 1+ years working knowledge in Company's documentation and banking operations - Required
• Excellent communication, good organizational skills, and attention to details
• Solid knowledge/skills of Microsoft Office Suite and various bank systems
• Strong knowledge of the Syndicated and Commercial Loan products and markets
• Demonstrated knowledge of other banking products and the ability to apply that information to this role
• Expert knowledge of overall lending policies and procedures, credit analysis, underwriting, structuring, etc.

Responsibilities

• Processes transactions involving booking and servicing commercial loans and letter of credit
• Researches and responds to incoming commercial loan requests received from business areas supported by the department
• Researches payment history, loan balances, and associated documentation including loan notes, forbearance agreements, and modifications
• Performs dollar transactions, collateral setup and maintenance, GL balancing, and quality review
• Creates and analyzes error reports, researching the payments log, and incoming wire transfer payments
• Ensures proper documentation is filed appropriately and is available for internal and external audits
• Identifies and resolves problems within established guidelines

Skills

Banking operations

Communication skills

Attention to detail

Microsoft Office Suite

Team player

Credit analysis knowledge

Education

Bachelor’s Degree in related field

Tools

Microsoft Office Suite

Banking systems

Job description

Santander US is seeking a Whole Loans Operations Analyst to book, fund, and service commercial loans and letters of credit, using established systems and controls. The role includes interpreting credit agreements and handling loan and fee accruals, reconciliations, and related documentation.

The candidate researches loan requests, verifies payment histories and balances, and collaborates to meet deadlines. Strong MS Office skills and knowledge of syndicated and commercial loan products are