Vice President, Lending Solutions - Portfolio Management

Banco Santander SA; United States; On-site; USD 140,000 - 185,000; Full time

Job summary

Banco Santander SA seeks a Vice President, Lending Solutions - Portfolio Management in the United States to lead portfolio management, credit monitoring and administration for SCIB lending portfolios.

The role requires deep credit expertise, risk oversight, and collaboration with Front Office, Risk, Legal, and Operations to drive a coordinated lifecycle management process. 7–10 years of relevant experience is expected.

Qualifications

• Bachelor degree or equivalent work experience in a relevant field.
• 7–10 years of experience in CIB portfolio management, credit analysis or related roles.
• Experience with credit spreading, covenant monitoring and portfolio reporting.
• Experience with spreading tools, covenant systems, loan systems and Excel; Loan IQ is preferred.

Responsibilities

• Prepare, coordinate and review quarterly and annual credit reviews for assigned portfolios, including performance, risks, covenants and collateral status.
• Perform or oversee credit spreading, financial analysis, and borrower performance updates.
• Support rating reviews, watchlist recommendations and exposure analysis.
• Monitor covenants, collateral, insurance and reporting obligations; manage post-close items and remediation.
• Coordinate with Agency, Legal, Operations and Servicing to ensure obligations are captured and maintained.
• Support amendments, waivers, extensions, restructurings through credit analysis and implementation tracking.
• Provide portfolio reporting, KPIs and KRIs for senior management and regulators.
• Mentor associates and drive continuous improvement in monitoring standards.

Skills

Credit analysis

Portfolio management

Financial statement analysis

Credit monitoring

Stakeholder management

Education

Bachelor degree or equivalent work experience

Tools

Spreading tools

Covenant systems

Loan IQ

Excel

Job description

Vice President, Lending Solutions - Portfolio Management

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.

The SCIB Portfolio Manager is a Vice President role within US SCIB COO Lending Solutions responsible for portfolio management, credit monitoring and credit administration activities across SCIB lending portfolios.

Key Responsibilities

• Prepare, coordinate and/or review quarterly and annual credit reviews for assigned portfolio names, including financial performance, rating considerations, risk trends, covenant compliance, collateral status and sector developments.


• Perform or oversee credit spreading, financial analysis, variance analysis, leverage/liquidity analysis and borrower performance updates.


• Support rating reviews, watchlist recommendations, exposure analysis and escalation of credit deterioration or emerging risks.


• Monitor financial and non-financial covenants, reporting requirements, borrowing base certificates, collateral deliverables, insurance requirements, financial statements and other ongoing obligations.


• Track exceptions, waivers, missing deliverables, collateral shortfalls, covenant breaches and post-close items through remediation.


• Coordinate with Agency, Transaction Management, Legal, Operations and Servicing to ensure ongoing obligations are captured and maintained.


• Support amendments, waivers, consents, extensions, repricings, restructurings and other lifecycle events through credit analysis, approval coordination and implementation tracking.


• Assess whether changes require new approvals, rating updates, documentation amendments, covenant changes, collateral updates, system updates or control escalation.


• Partner with Transaction Management to ensure approved amendments are reflected accurately in documentation, systems and monitoring tools.


• Prepare portfolio reporting, KPIs, KRIs, management updates, issue logs and control evidence for senior management, Credit, Risk, Audit and regulatory stakeholders.


• Monitor portfolio trends across Infrastructure Finance, Structured Finance, Leveraged Finance, IG and GTB exposures, including concentrations, exceptions, ratings, covenants and collateral indicators.


• Participate in governance forums and support remediation plans related to portfolio monitoring and credit administration.


• Work closely with Front Office, Credit, Risk, Agency, Legal, Operations, Transaction Management, Finance and Technology to support a coordinated lifecycle management process.


• Mentor associates and analysts and help develop procedures, portfolio monitoring standards, training materials and quality control routines.


• Identify opportunities to improve financial spreading, covenant tracking, collateral monitoring, data quality and management reporting.

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. Bachelor degree or equivalent work experience. Strong knowledge of CIB lending, credit analysis, portfolio management, financial spreading, covenant and collateral monitoring, credit documentation, ratings, amendments and portfolio reporting. Experience across Infrastructure Finance, Structured Finance, Leveraged Finance, IG corporate lending or GTB preferred. Skills: Strong credit, financial statement analysis and portfolio management skills. Ability to review complex credit structures, covenants, collateral packages and amendment requests. Strong writing, reporting, stakeholder management and escalation skills. Experience with spreading tools, covenant systems, loan systems, portfolio reporting tools and Excel; Loan IQ experience preferred.

Key Competencies

• Sound credit judgment and risk escalation discipline.


• Strong attention to detail and ability to manage recurring review deadlines.


• Ability to mentor junior team members and improve operating routines.


• Collaborative approach with Business, Credit, Risk, Operations and Transaction Management.

Education

Bachelor Degree or equivalent work experience

Work Experience

7-10 years of relevant experience in CIB portfolio management, credit analysis, credit administration, lending, risk management, agency, financial spreading or related roles.

Certifications

No Certifications listed for this job.

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: $140,000.00 USD Maximum: $185,000.00 USD

We Value Your Impact

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.

The Santander Way

The Santander Way Santander is evolving from a global, high-impact brand into a technology-driven organization, and our people are at the heart of this journey. 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. Our mission is to contribute to help more people and businesses prosper. We embrace a strong risk culture and all our professionals at all levels are expected to take a proactive and responsible approach toward risk management.