Senior Commercial Loan Operations Specialist

Banco Santander SA

Southington (CT)

On-site

USD 64,000 - 108,000

Full time

14 days+
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Job summary

Santander is seeking a Loan Production Associate in the United States to support back-office operations for commercial loan products and letters of credit. The role involves interpreting credit agreements, performing accrual calculations, and providing timely reconciliations for client portfolios.

The candidate will lead complex tasks, mentor less experienced staff, and contribute to process improvements while maintaining strong client relationships with internal stakeholders.

Qualifications

  • Bachelor’s Degree in a related field or equivalent demonstrated through experience, training, military service, or education.
  • 5+ years of experience in commercial loan operations.
  • Strong knowledge of syndicated and commercial loans and markets.

Responsibilities

  • Support back office activities for commercial loan/letter of credit products.
  • Interpret credit agreements and loan/fee accruals, perform calculations and reconciliations.
  • Perform complex operational transactions and research issues to resolve them.
  • Train new employees in systems, procedures, and processes.
  • Suggest changes to policies and procedures based on day-to-day observations.

Skills

Excellent communication
Organizational skills
Attention to detail
Team player
Commercial banking knowledge
Syndicated & commercial loans

Education

Bachelor's Degree

Tools

Microsoft Office
Banking systems

Job description

Santander is seeking a Loan Production Associate in the United States to support back-office operations for commercial loan products and letters of credit. The role involves interpreting credit agreements, performing accrual calculations, and providing timely reconciliations for client portfolios.

The candidate will lead complex tasks, mentor less experienced staff, and contribute to process improvements while maintaining strong client relationships with internal stakeholders.

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