Transaction Manager, Corporate & I-Banking Lending Products - Executive Director

Santander; United States; On-site; USD 150,000 - 210,000; Full time

Job summary

Santander is seeking an Executive Director-level Transaction Manager in the US SCIB Lending group to drive end-to-end execution for Leveraged Finance and Structured Finance transactions. You will coordinate deal closings, bookings and lifecycle events with legal, credit, and front office teams.

You will build processes, train junior staff, and establish standards to ensure compliant, timely closings and strong control environments across the transaction lifecycle.

Qualifications

• Bachelor degree or equivalent work experience.
• Knowledge of Leveraged Finance and Structured Finance lending transactions, syndicated loan processes, credit approvals, loan documentation, KYC/AML, collateral, covenants, booking, funding, settlement and servicing handoffs – middle office experience.
• Experience with Loan IQ or comparable loan booking/servicing platforms preferred.

Responsibilities

• Lead execution coordination for Leveraged Finance and Structured Finance transactions from pre-approval through close.
• Coordinate closing checklists, conditions precedent, documentation status, approval evidence, funds flow, allocations, operational setup, and stakeholder readiness.
• Ensure material changes to approved terms are identified, escalated and re-approved where required before signing, closing, booking or funding.
• Partner with Advisory, Legal and Front Office during documentation negotiation to identify operational, control, booking, agency, collateral, covenant and funding implications.
• Build-out US Transaction Management team by developing procedures, playbooks, closing standards, training materials, issue logs and quality control routines.
• Train and mentor new and junior team members on deal mechanics, Lev Fin and Structured Finance transaction structures, closing protocols, documentation review, booking controls and escalation standards.

Skills

Transaction execution

Stakeholder mgmt

Control judgment

Closing coordination

Team training

Education

Bachelor degree or equivalent

Tools

Loan IQ

Job description

Transaction Manager, Corporate & I-Banking Lending Products - Executive Director

Country: United States of America

It Starts Here:

Santander is a global leader and innovator in the financial services industry and is evolving from a high-impact brand into a technology-driven organization. Our people are at the heart of this journey and together, we are driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what’s possible. This is more than a strategic shift. It’s a chance for driven professionals to grow, learn, and make a real difference.

We Want to Talk to You!

The Difference You Make:

The SCIB Transaction Manager – SCIB Lending (incl. Leveraged Finance and Structured Finance) is an Executive Director individual contributor role within US SCIB COO Lending Solutions. The role is responsible for managing complex lending transactions from approval through closing, booking, funding, settlement and lifecycle handoff, with a primary focus on SCIB lending transactions (incl. Leveraged Finance and Structured Finance). The role is not a Head of function role, but is a senior execution and control specialist expected to support the build-out of the US Transaction Management team, establish execution standards, coordinate complex deal closings and amendments, train new team members, and serve as a senior escalation point for high-priority transactions. Objectives are to 1) ensure lending transactions are closed and booked in accordance with approvals, executed documentation, KYC/AML requirements and operational readiness standards, 2) support front-to-back coordination across Business Lines, Advisory, Credit, Legal, Compliance, Agency, Capital Markets, Treasury, Finance, Operations and Back Office, and 3) strengthen the US SCIB Lending Solutions control environment.

Key Responsibilities:

1. Transaction Execution and Closing Management

• Lead execution coordination for complex Leveraged Finance, Structured Finance, syndicated, bilateral, club, participant, left lead and amendment transactions from pre-approval through close.
• Coordinate closing checklists, conditions precedent, documentation status, approval evidence, funds flow, allocations, operational setup, and stakeholder readiness.
• Ensure material changes to approved terms are identified, escalated and re-approved where required before signing, closing, booking or funding.
• Partner with Advisory, Legal and Front Office during documentation negotiation to identify operational, control, booking, agency, collateral, covenant and funding implications.

2. Approval-to-Book Controls

• Confirm that approvals, KYC/AML diligence, borrower/guarantor/lender onboarding, legal documentation, collateral/security requirements, insurance, UCC/lien perfection, flood diligence, covenant setup, risk system updates, deal capture and booking data are complete or appropriately escalated.
• Prepare or validate booking instructions and coordinate with Middle Office, Back Office, Treasury, Finance, Agency and Operations to support accurate system setup and funding readiness.
• Track and resolve booking defects, documentation gaps, post-close items and control exceptions.

3. Amendments and Lifecycle Events

• Coordinate transaction amendments, waivers, extensions, repricings, incremental facilities, assignments, paydowns and other lifecycle events requiring cross-functional execution.
• Ensure amendments that require credit, business, legal, compliance or operational approvals are routed appropriately and evidenced before implementation.
• Support clean handoff to Portfolio Management, Agency, Operations and Servicing for covenant, collateral, monitoring and servicing obligations.

4. Team Build-out, Training and Process Improvement

• Support the build-out of the US Transaction Management team by developing procedures, playbooks, closing standards, training materials, issue logs and quality control routines.
• Train and mentor new and junior team members on deal mechanics, Lev Fin and Structured Finance transaction structures, closing protocols, documentation review, booking controls and escalation standards.
• Identify recurring issues and recommend process, technology, data quality and control enhancements.

5. Stakeholder Collaboration

• Act as a trusted execution partner to Leveraged Finance, Structured Finance, IG, GTB, Capital Markets, Credit, Legal, Compliance, Agency, Treasury, Finance, Operations, and Client Lifecycle Management stakeholders.
• Communicate clearly on transaction status, blockers, risks, decisions, dependencies and escalation items.
• Support audit, regulatory, credit review and internal control requests related to transaction execution and closing evidence.

Responsible for the day-to-day operations of the company’s business units. Aims to deliver superior service to clients by driving and optimizing the effectiveness and efficiency of people, processes and technology thereby enhancing financial performance, increasing investment capacity, and managing risk. Builds sustainable repeatable capabilities that support delivery of the highest standards of service and execution. Analyzes and reviews data tools, business processes and operational standards to execute service delivery. Evaluates and ensures that operations meet company objectives, business needs, service agreements and relevant requirements. Researches and monitors the external landscape to identify developments and translate them into operational implications for the company.

What You Bring:

The essential functions of the role include the responsibilities set out above and may include other duties assigned by management based on business, regulatory, control or operational needs.

Qualifications:

Bachelor degree or equivalent work experience. Knowledge of Leveraged Finance and Structured Finance lending transactions, syndicated loan processes, credit approvals, loan documentation, KYC/AML, collateral, covenants, booking, funding, settlement and servicing handoffs - middle office experience.

Skills:

• Strong transaction execution, issue resolution, stakeholder management and control judgment.
• Ability to manage multiple complex closings and amendments under time pressure.
• Strong understanding of Lev Fin and Structured Finance structures, credit agreements, funds flows, allocations and agency processes.
• Experience with Loan IQ or comparable loan booking / servicing platforms preferred.

Key Competencies:

• Senior individual contributor credibility with Front Office, Advisory, Credit, Legal, Compliance, Operations and Finance.
• Excellent attention to detail, escalation discipline and ownership mindset.
• Ability to train team members and help institutionalize repeatable execution standards.
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