Underwriting & Portfolio Management / Middle Market & C& I Banking

F8F Santander Bank N.A.; United States; On-site; USD 86,000 - 135,000; Full time

Job summary

Santander Group is seeking an Associate/VP, Underwriting & Portfolio Management in the United States to manage a portfolio of complex banking loan relationships and lead diligence efforts to drive loan growth and efficiency. The role supports the department manager on improvement initiatives and mentors junior staff.

The candidate will review deal documents, structure credit, oversee internal approvals, and collaborate with documentation and underwriting teams to ensure sound credit decisions,

Qualifications

• 5+ years financial analysis, structuring, underwriting and portfolio management.
• 5+ years underwriting loan transactions.
• 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.
• 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.

Responsibilities

• Lead deal diligence process including identifying all key risks.
• Review relevant deal documents/information for data room, Company/Sponsor, and third party reports.
• Structure deals and oversee internal approval process with timely write-ups.
• Lead deal merit discussions on internal approval calls.
• Manage legal aspects of the deal process.
• Mentor junior resources on underwriting best practices.

Skills

Financial analysis

Underwriting

Portfolio management

Credit structuring

Communication skills

Team collaboration

Education

Bachelor's degree in related field

Tools

Microsoft Word

Microsoft Excel

PowerPoint

Job description

Underwriting & Portfolio Management / Middle Market & C&I Banking Country: United States of America It Starts With You: 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.

The Associate/VP, Underwriting & Portfolio Management manages a portfolio of complex and/or high dollar banking loan relationships, 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 take the lead on projects that support loan growth and efficiency objectives within lines of business. The Associate, Underwriting & Portfolio Management 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.

Education:

Bachelor’s Degree: in related field or equivalent demonstrated through a combination of work experience, training, military service, or education.

Required Qualifications:

• 5+ Years Financial analysis, structuring, underwriting and portfolio management.
• 5+ Years Experience with underwriting loan transactions
• 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:

• 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.

Work Authorization & Sponsorship:

Applicants must be legally authorized to work in the United States on a full-time basis without requiring employer sponsorship to commence employment.

What Else You Need To Know:

The base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.

Base Pay Range:

Minimum: $86,250.00 USD Maximum: $135,000.00 USD

We Value Your Impact:

Your contribution matters and it’s recognized. You can expect a fair and competitive rewards package that reflects the impact you create and the value you deliver. We know rewards go beyond numbers. Offering more than just a paycheck our benefits are designed to support you, your family and your well-being, now and into the future. Santander Benefits - 2026 Santander OnGoing/NH eGuide (foleon.com)

Risk Culture:

We embrace a strong risk culture and all of our professionals at all levels are expected to take a proactive and responsible approach toward risk management.

EEO Statement:

At Santander, we value and respect differences in our workforce. We actively encourage everyone to apply. Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status or any other characteristic protected by law.

Working Conditions:

Frequent minimal physical effort such as sitting, standing and walking is required for this role. Depending on location, occasional moving and lifting light equipment and/or furniture may be required.

Employer Rights:

This job description does not list all of the job duties of the job. You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. This job description is not a contract for employment and either you or the employer may terminate your employment at any time for any reason.