Commercial Middle Market Underwriter & Portfolio Manager
Company: Santander Holdings USA Inc
Location: Zionsville
Posted on: June 23, 2022
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Job Description:
Wyomissing, United States of America
WHAT YOU WILL BE DOING
Summary :
Reviews, analyzes and evaluates risks in order to underwrite new
and/or renew Middle Market businesses. Determines appropriate terms
and conditions for coverages and rates for program profitability.
Contributes to the profitable growth of specific program(s) by
maintaining pricing integrity, product excellence, and the
development of meaningful performance metrics and controls.
Underwrites risk (i.e., selection/rejection of new and renewal
business). Analyzes quality and quantity of risks underwritten and
prepares reports accordingly. Administers and monitors underwriting
rules and guidelines, laws and regulations. May review books of
business as well as profit/growth results and trends to recommend
and implement action plans.
Essential Functions/Responsibility Statements:
Underwrites commercial middle market loans.
Structures deals.
Spreads financials.
Writes credit memo.
Presents to credit committee.
Leads deal diligence process including identifying all key
risks.
Reviews relevant deal documents / information.
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.
Qualifications:
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 or equivalent work experience in Finance,
Accounting, Management, Economics or equivalent field.
(Required)
Work Experience :
Hands on financial analysis, structuring, underwriting and
portfolio management experience
5+ years of relevant experience
Skills and Abilities:
Superior written and verbal communication skills.
Strong analytical skills and proficient with financial statement
analysis.
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, 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, underwriting and credit 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.
Diversity & EEO Statements :
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.
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. Occasional moving and lifting
equipment and furniture is required to support onsite and offsite
meeting setup and teardown. Physically capable of lifting up to
fifty pounds, able to bend, kneel, climb ladders.
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 at any time for any reason.
English
Primary Location: Wyomissing, Pennsylvania, United States of
America
Other Locations:
Pennsylvania-Wyomissing,Pennsylvania-Philadelphia
Organization: Santander Bank N.A.
Keywords: Santander Holdings USA Inc, Allentown , Commercial Middle Market Underwriter & Portfolio Manager, Executive , Zionsville, Pennsylvania
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