The Sr. Associate/VP, mid-Corp Underwriting & Portfolio Management focuses on support to the commercial lending teams. The incumbent provides expertise in underwriting, structuring, servicing and documenting new and renewal credits. In addition, s/he is responsible for identifying, gathering and analyzing relevant information to assess credit risk, establish viability of sources of repayment and determine appropriate loan structures. Acts as lead underwriter in collaboration with bankers in preparing credit approval memos with recommendations consistent with bank policy that illustrate well-reasoned analysis. Performs servicing reviews and supports management of the assigned portfolio to identify and minimize risk to the organization. Provides quality customer service, including participation in joint calls on customers, as needed. Works with junior team members to help develop their credit analysis and underwriting skills in a deal team approach.

Duties & Responsibilities

Ensures financial statements are analyzed, addressing industry risks, monitoring collateral requirements, loan structuring and pricing, credit analysis, monitoring credit performance and assisting with loan presentations

Expands and builds relationships with a high degree of resultant customer satisfaction

Handles reporting on loans such as past dues, documentation and collateral exceptions, financial performance updates, portfolio profitability, risk grades, etc.

Keeps informed of financial and market trends in the portfolio and analyzes those trends for the effect they will have on the portfolio

Manages and services a portfolio of existing loan relationships

Assists with the development of junior team members

At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams.We actively encourage everyone to apply.

Bachelor's Degree in Finance, Accounting, Management, Economics or equivalent field. Master's Degree in Finance, Accounting, Management, Economics or equivalent field, preferred, or equivalent work experience

6+ years of hands-on financial analysis, structuring, underwriting and portfolio management experience in the Commercial Banking, Leveraged Finance and/or mid-Corp space

Hands-on experience using nCino on a regular basis

Completion of bank-certified course in Credit Training preferred

Comfortable in customer contact situations including escalations and potential work-out/loan restructure environments

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

Demonstrated practical and conceptual knowledge of credit and risk analysis

Exhibits competency at independently reaching conclusions and forms clear view of credit structure and business risk to organization

Knowledge of Federal banking regulations

Must demonstrate strong judgment and sound credit skills

Skilled in proposing and negotiating and recommending credit and covenant structures

Solid knowledge of loan and related legal documents

Solid understanding of industry nuances applicable to the credits contained within the group's portfolio

Strong communication skills, and ability to influence others by persuasively presenting thoughts and ideas to gain commitment and agreement for proposed ideas and solutions

Brings out the best in each team member by consistently motivating and acknowledging peer contributions

Understands and leverages team dynamics

Ensures required resources and skills are in place to maintain smooth day-to-day operations and tackle arising problems