Your Journey Starts Here:

Santander is a global leader and innovator in the financial services industry. We believe that our employees are our greatest asset. Our focus is on fostering an enriching journey that empowers you to explore diverse career opportunities while nurturing your personal growth. We are committed to creating an environment where continuous learning and development are prioritized, enabling you to thrive both professionally and personally. Here, you will find ample opportunities to connect and collaborate with talented colleagues from around the world, sharing insights and driving innovation together. Join us at Santander, where you are supported by a culture of engagement and a commitment to your success.

An exciting journey awaits, if you are interested in exploring the possibilities We Want to Talk to You!

The primary function of the Commercial Equipment & Vehicle Finance role is loan/lease payments and maintenance for the defined lines of business, or executing related controls, utilizing the systems and processes defined by management. The incumbent handles researching of analytical components related to various loan/fee accruals, calculations as well as ongoing/ad-hoc reconciliation.

We are seeking a detail oriented CEVF Analyst to join our accounting team. The ideal candidate will be responsible for managing incoming funds via wire, IPA, and internal DDA accounts, ensuring accuracy and compliance with company policies and regulatory requirements.

Essential Functions/Responsibilities:

Ensures the daily, weekly and monthly reconciliations are completed on time. Any differences are researched and resolved in a timely manner.

Monitors daily activity and review control processes relating to monetary transactions and clearing accounts such as wire transfers, returned items, payments in process, check suspense, unapplied etc....

Reconciliation and preparation monthly remittance of sales tax for external accounting firm, submits monthly sales tax through the states’ websites.

Prepares and processes daily entries with source documentation back-up to CAD and TREE, reviews and approves other team members' entries.

Processes daily GL Link. Compares the InfoLease reports / extracts against Synergy totals. Ensures all entries passed through after the nightly job stream and that nothing has been rejected.

Scans checks received via BIC (Branch Image Capture). Monitors the outgoing check file sent to FEDs to ensure Santander receives funds for checks posted in the system.

Tracks incoming wire transfers and ACH transactions, maintains a spreadsheet to ensure all transactions are posted.

Reviews and validates payments and payoffs are processed as expected. Serves as a second reviewer for Daily proof of payments and payoffs.

Updates daily Treasury rate in InfoLease or serves as a second reviewer.

Submits all payments and payoffs received via wire & ACH to Posting to process, along with buyout quotes and wire confirmations/ACH screenshots after verifying the funds. Ensures that the buyout quotes agree with the funds received and that they are not expired.

Processes payoff assets from inventory that have been sold by the workout group, prepares any necessary Journal entries as needed for possible 2nd/3rd write downs or any entries deemed necessary by workout/Corp. Accounting.

Places stop payments on Official checks lost/stolen/destroyed and reissue, completes the monthly escheatment report for the CEVF stale dated items that is sent by the Escheatment Dept.

Researches and responds to incoming commercial loan requests/emails/inquiries received from business areas.

Helps with Lockbox, ACH, Posting when necessary.

Manages time efficiently to execute all daily/weekly/monthly tasks.

Conducts yourself in a professional manner in your daily work ethic.

Collaborates with internal teams to resolve payment issues and discrepancies.

Ensures proper documentation is filed/saved appropriately and is available for internal and external audits.

Identifies and resolves problems within established guidelines.

Participates in Bank projects as needed, (UAT testing, testing before the system upgrade, testing for a new procedure).

Participates in procedure review and updates (on demand and annual).

Participates and supports in getting all the evidence requested for Internal and external audit (Control, RCSA, SOX, PWC).

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 Business/Accounting or equivalent degree – Required.

Work Experience:

3-5 years of Operations / Client Service experience and banking operations.

Skills and Abilities:
Accounting knowledge and experience.

Understands debits and credits, general ledgers, Journal entries.

Excellent communication, good organizational skills, and attention to details.

Ability to adhere to policies, procedures, and instructions of management.

Ability to adapt quickly and be a team player.

Ability to manage multiple tasks/projects and deadlines simultaneously.

Displays a can-do attitude and willingness to learn.

Sees through complexity and detail to get to the critical issues at hand

Working knowledge in Commercial Banking.

Ability to work in a fast-paced environment with little supervision.

Ability to work well with others and on teams.

Demonstrated proficiency in Microsoft Office, including Word, Excel, and PowerPoint.

Knowledge of the Syndicated and Commercial Loan products and markets.

Demonstrated knowledge of other banking products and the ability to apply that information to this role.

It Would Be Nice For You To Have:
Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.

Risk Culture:

We embrace a strong risk culture and all of our professionals at all levels are expected to take a proactive and responsible approach toward risk management.

EEO Statement:

At Santander, we value and respect differences in our workforce. 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 is required for this role. Depending on location, occasional moving and lifting light equipment and/or furniture may be required.

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 your employment at any time for any reason.

What To Do Next:

Review the internal eligibility guidelines here. If this sounds like a role you are interested in, then please apply.

We are committed to providing an inclusive and accessible application process for all candidates. If you require any assistance or accommodation due to a disability or any other reason, please contact us at TAOps@santander.us to discuss your needs.

Primary Location: Melville, NY, Melville

Other Locations: New York-Melville

Organization: Santander Bank N.A.