WorcesterRecruiter Since 2001
the smart solution for Worcester jobs

Underwriting & Portfolio Management

Company: Santander
Location: Worcester
Posted on: February 15, 2020

Job Description:

Underwriting & Portfolio Management-2000573DescriptionAs a member of Santander's retail banking division you'll help serve Santander's retail and small business customers as part of one of the top banks in the United States based on deposits. - With principal presence in the northeast U.S., Santander's retail division offers consumer and lending products to help our customers reach their financial goals. - Santander currently serves nearly 2 million retail customers and 5.2% of the 2.7 million small businesses in the US footprint have a transactional account with Santander Bank.
The Underwriting & Portfolio Management manages a portfolio of complex and/or high dollar banking loan relationships, and routinely monitors them for risks inherent in a business loan portfolio.. 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. The Associate, Underwriting & Portfolio Management 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.
ResponsibilitiesSupport management of the assigned portfolio of companies and the development of credit applications.Develop detailed corporate projection models based on bottoms up analysis of a borrower.Provide views on a borrower capacity to repay through an analysis of cash flow projections, collateral analysis and enterprise valuation.Analyze transaction structures, identifying strengths and weaknesses of a proposed structure; recommend risk mitigation options.Ability to understand complex corporate structures and recommend appropriate credit terms to ensure extensions of credit are in line with bank risk appetite.Thorough understanding of regulatory requirements impacting lending.Present and defend credit recommendations to approval committee.Review and challenge business plans.Assist in special projects as assigned.Maintain strong relationships with relationship managers and product teams.Keep informed of financial and market trends in the portfolio and analyze those trends for the effect they will have on the portfolio.
At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams. We encourage everyone to apply.
Qualifications

Bachelor's Degree in Finance, Accounting, Management, Economics or equivalent field.Master's Degree in Finance, Accounting, Management, Economics or equivalent field or CFA Charter recommended.3-8 years of working experience in financial analysis, structuring, underwriting and portfolio management.Completion of bank-certified course in Credit Training.Comfortable in customer contact situations including escalations and potential work-out/loan restructure environments.Demonstrated knowledge in financial modeling and 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.Proficiency with computer systems.Skilled in proposing, 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.Job:UnderwritingPrimary Location:Massachusetts-BOSTON-75 State Street - 06366 - State Street-CorpOther Locations:Massachusetts-Andover-71 Main Street - 06348 - Andover-Main Street, Massachusetts-Worcester-446 Main Street - 06361 - Main Street-Corp, Rhode Island-East Providence-95 Amaral Street - 06359 - Santander Way, Massachusetts-Dorchester-2 Morrissey Boulevard - 06367 - Columbia Park, Rhode Island-Providence-One Financial Plaza - 06360 - One Financial Plaza, Massachusetts-Framingham-5 Whittier Street - 06365 - Whittier Street-CorpOrganization:Consumer & Business Banking (1001)Schedule:Full-timeJob Posting:Feb 6, 2020, 7:10:40 PM

Keywords: Santander, Worcester , Underwriting & Portfolio Management, Executive , Worcester, Massachusetts

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category
within


Other Executive Jobs


Assistant Branch Office Manager - Framingham, MA
Description: Job Description:A Fidelity Assistant Branch Manager partners with senior management to lead a team of successful sales and service associates, as they prepare to run their own branch. Your visionary spirit (more...)
Company: Fidelity Investments
Location: Boston
Posted on: 02/26/2020

Cybersecurity - SailPoint Consulting Manager
Description: A career in our Identity and Access Management practice, within Cybersecurity and Privacy services, will provide you with the opportunity to help our clients implement an effective cybersecurity programme (more...)
Company: PwC
Location: Charlestown
Posted on: 02/26/2020

Interim FP&A Manager
Description: DescriptionImmediate need for a talented manufacturing Finance professional for a 4-6 month engagement with an established public company. In this role, you will assist the CFO in making improvements (more...)
Company: Robert Half Management Resources
Location: Leominster
Posted on: 02/26/2020


Project Manager
Description: The ideal candidate will be responsible for planning, coordinating, and implementing projects within the decided-upon
Company: Eminent Software Solutions Pvt.Ltd.
Location: Springfield
Posted on: 02/26/2020

Actuarial Director - Fixed and Income Annuity Pricing
Description: Why we need you.Were growing and our clients deserve the best. As Actuarial Director on the Annuity Pricing and Product Management team, youll have an opportunity to lead the team responsible for setting (more...)
Company: MassMutual
Location: Springfield
Posted on: 02/26/2020

Director of Development and Communications
Description: The Director of Development and Communication DDC is part of On The Rise's 3-person Senior Management Team. This position reports to, and works closely with, the Executive Director and Director of Programs, (more...)
Company: On The Rise
Location: Cambridge
Posted on: 02/26/2020

.NET Software Engineering Manager
Description: Here at Grubhub we've been dedicated to giving diners the most convenient way to order food from their favorite restaurants whether that's a late night Chalupa from Taco Bell or a salad for lunch from (more...)
Company: GrubHub
Location: Boston
Posted on: 02/26/2020

Engineering Manager- Frontend Framework
Description: Job DescriptionShopping for the home is often overwhelming. Wayfair is an extreme case - it's visited by two million people daily, shopping across more than 10 million products: Home furnishings, d eacute (more...)
Company: Wayfair
Location: Boston
Posted on: 02/26/2020

Medical Director - Springfield
Description: br br MEDICAL DIRECTOR - SPRINGFIELD br br Job ID br br 2019-2472 br br Category br br Clinical Office Based br br Type br br Regular Full-Time br br Actual Work Location (more...)
Company: Commonwealth Care Alliance
Location: Springfield
Posted on: 02/26/2020

Manager, QA Supplier Quality
Description: Those who join Emergent BioSolutions feel a sense of ownership about their future. You will excel in an environment characterized by respect, innovation and growth opportunities. Here, you will join passionate (more...)
Company: Emergent BioSolutions, Inc.
Location: Canton
Posted on: 02/26/2020

Log In or Create An Account

Get the latest Massachusetts jobs by following @recnetMA on Twitter!

Worcester RSS job feeds