Why you should apply for a job to Santander US:
#Req0934871
Position summary
Mid-Corp UnderwriterNew York, United States of America
WHAT YOU WILL BE DOING
Santander’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.
Summary
The Underwriter works closely with the origination team and credit risk management in reviewing and analyzing financial statement reports, conducting due diligence, helping structure the transaction, assessing credit risk ratings, preparing deal screen presentations, writing credit approval memorandums, presenting recommendations to credit committee, reviewing legal documentation, and monitoring and managing the credit portfolio.
Responsibilities
- Assists all partners (closing, portfolio, and operations) in the closing of loans
- Decisions loan requests in accordance with the organization's loan policies and procedure
- Orders and reviews appraisals and valuations (real estate, equipment, business, etc.)
- Participates in projects that help improve and streamline the credit delivery process
- Prepares commitment letters upon approval of loan request
- Prepares high quality, detailed credit approval documents that contain an in-depth analysis and an understanding and identification of credit issues and risks
- Recommends proper loan structuring that limits risk
Qualifications
- Bachelor's Degree or equivalent work experience - Finance, Accounting, Management, Economics or equivalent field
- 3+ years of experience and/or training underwriting mid-corp or corporate loans
- Ability to work on multiple transactions simultaneously and prioritize assignments to meet deadlines and manage expectations
- Ability to work well on a team with different personalities, adjust quickly to various work situations, and remain composed under pressure/in stressful situations
- Familiarity with financial statement analysis
- Highly proficient with Microsoft Office, especially Excel
- Proven organizational skills; able to work independently and be detail oriented and thorough
- Strong verbal, written, interpersonal, and public presentation skills
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. www.santander.com
For NYC Job Applicants: The base annual salary range for this position is $69,750-$106,375. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.
#LI-DM1
English
Primary Location: New York, NY, New York
Other Locations: New York-New York
Organization: Santander Bank N.A.
AN EQUAL OPPORTUNITY EMPLOYER M/F/Vet/Disabled/SO
What are Santander US perks and benefits
Lactation facilities
Maternity leave coaching
Fertility
Backup child care
Elder care
Paid maternity
Paid paternity
Paid adoptive
Short term disability
About the company
We’re Santander US, and we’re wholly owned by Santander Group, a global financial institution that serves more than 150 million customers worldwide. Here in the United States, we employ more than 14,000 people and serve more than 5 million customers through our businesses:
- Santander Holdings USA Inc.
- Santander Bank, N.A., our retail and commercial
- Santander Consumer USA, our consumer auto finance business
- Santander Private Banking, serving non-U.S. resident, high-net-worth
- Santander Investment Securities, our investing arm for institutional investors and emerging market trading operations