Portfolio Management Associate, Middle Market Banking

Santander Consumer USA Inc.; Boston (MA); Sur place; USD 81 000 - 125 000; Plein temps

Résumé du poste

Santander Consumer USA Inc. is seeking an Associate, Portfolio Management within the Commercial Banking Middle Market division.

You will support underwriting new commercial loans and ongoing portfolio management, preparing internal credit memos and presenting results to the credit committee. You will interact with stakeholders across credit professionals, capital markets, and client management while teaching and mentoring junior deal team members.

Qualifications

• 5+ Years Experience in credit structuring and underwriting and cross selling.
• 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

Responsabilités

• Lead underwriting due diligence and partner with relationship managers and junior deal team members to produce deal screen and underwriting documents
• Interface with clients and other stakeholders to facilitate underwriting process
• Detail debt financings and company financials utilizing Excel and Webster’s credit management platform, Sageworks
• Perform sensitivity analysis and modeling of projected cash flows
• Draft approval document narrative, thoroughly identify all risks and mitigating factors, document variances to policy/procedures, and assign accurate risk grade
• Responsible for presenting underwriting memos to credit committee
• Support legal documentation drafting and negotiations
• Facilitate loan closing process with commercial loan operations
• Review, spread, and maintain periodic financial statements, compliance certificates and borrowing base reports
• Engage with borrowers' CFOs (or similar position) to get qualitative updates on performance
• Listen to annual or other interim lender update calls and ask questions, when appropriate
• Ensure the timely completion of renewals, annual reviews, and interim analyses.
• Ensure borrower is assigned an appropriate risk rating
• Present internal portfolio review memos to senior credit executives at periodic meetings
• Execute all amendments/waivers for existing borrowers
• Maintain ticklers, covenants, and borrower credit files
• Maintain customer information and data integrity on bank systems
• Ensure compliance with all regulations, policies, and procedures

Connaissances

Credit underwriting

Financial analysis

Communication

Independent work

Formation

Bachelor’s degree

Outils

Excel

Webster’s Sageworks

Description du poste

Santander Consumer USA Inc. is seeking an Associate, Portfolio Management within the Commercial Banking Middle Market division.

You will support underwriting new commercial loans and ongoing portfolio management, preparing internal credit memos and presenting results to the credit committee. You will interact with stakeholders across credit professionals, capital markets, and client management while teaching and mentoring junior deal team members.