Underwriter &; Portfolio Manager

Company: Santander Bank
Location: Melville
Posted on: May 12, 2022

Job Description:

Underwriter & Portfolio ManagerMelville, United States of AmericaWHAT YOU WILL BE DOINGSantander's Commercial Banking Division is an active provider of capital, treasury management and risk management solutions to thousands of small and mid-sized companies in the northeast and across the country. We also have expertise and provide service to specific industry sectors including real estate, asset based lending, energy, education, health care and government. Our clients rely on the strength of Santander's balance sheet and the degree to which our relationship managers understand their businesses in order to develop the most relevant and compelling solutions. In addition, Santander's significant international presence in regions around the world uniquely positions us to help companies grow their business, both near and far.SummaryThe Underwriter & Portfolio Manager manages a portfolio of banking loan relationships, and routinely monitors them for risks inherent in a business loan portfolio. S/he 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. This role will help deliver an industry-leading experience for both internal and external customers and acts as a subject matter expert.ResponsibilitiesEnsures financial statements are spread and analyzed; addresses industry risks, collateral requirements, loan structuring, pricing, and credit analysisMonitors credit performance and assists with loan presentationsHelps to structure dealsLeads deal diligence process including identifying all key risksManages legal aspect of deal processEnsures accurate and timely completion of internal approval write-upsReviews relevant deal documents / information QualificationsBachelor's Degree or equivalent work experience - Finance, Accounting, Management, Economics or equivalent field5+ years of relevant experience with underwriting loan transactions, ideally in the muni finance or healthcare space5+ years of financial analysis, structuring, and portfolio management experienceCompletion of bank-certified course in Credit Training preferredAbility to foster strong partnerships with the related documentation and underwriting unitsAbility to work in a fast paced environment with little supervisionAbility to work well with others and on teamsComfortable in customer contact situations including escalations and potential work-out/loan restructure environmentsDemonstrated knowledge in financial modeling and able to structure credit in modeling environmentAble to assist RM's on how to structure the credit relationshipDemonstrated practical and conceptual knowledge of credit and risk analysisExhibits competency at independently reaching conclusions and forms clear view of credit structure and business risk to organizationMust demonstrate strong judgment and sound credit skillsProficient in Microsoft Office, including Word, Excel and PowerPointSkilled in proposing and negotiating and recommending credit and covenant structuresSolid knowledge of loan and related legal documentsSolid understanding of industry nuances applicable to the credits contained within the group's portfolioStrong analytical skills and proficient with financial statementsStrong communication skills, and ability to influence others by persuasively presenting thoughts and ideas to gain commitment and agreement for proposed ideas and solutionsSuperior written and verbal communication skillsAt Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams. We actively encourage everyone to apply.WHAT WE ARE LOOKING FOREXPERIENCEEDUCATIONCOMPETENCIES English Primary Location: Melville, New York, United States of AmericaOther Locations: New York-MelvilleOrganization: Santander Bank N.A.AN EQUAL OPPORTUNITY EMPLOYER M/F/Vet/Disabled/SO

Keywords: Santander Bank, New Haven , Underwriter &; Portfolio Manager, Accounting, Auditing , Melville, Connecticut