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Commercial Real Estate (Multi-Family) Portfolio Manager

Apply Req ID: 2002354 Date posted 10/14/2020
Commercial Real Estate (Multi-Family) Portfolio Manager-2002354

Description

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 presence in regions around the world uniquely positions us to help companies grow their business, both near and far.

Summary
The Portfolio Manager is responsible for the implementation of quantitative portfolio management. In this role, s/he actively contributes to all aspects of the investment process and works closely with the portfolio management team.

Duties & Responsibilities
  • Develops hypothetical portfolios and ad-hoc analysis for prospective plan sponsors
  • Develops, monitors and communicates performance, risk, positioning, and rebalance metrics to ensure alignment with the Portfolio Managers investment thesis and process
  • Handles day-to-day management of model portfolios, which includes portfolio construction, analyzing model characteristics, supervising the model release process, and resolving associated issues
  • Initiates portfolio management discussions as and when needed, including providing clear analysis and presentation of relevant information both in writing and orally
  • Monitors portfolio positioning relative to market developments and building tools needed to do so systematically and efficiently
  • Monitors re-allocations and operational processes by working closely with portfolio services, data strategy & management
  • Participates in portfolio management discussions and documenting decisions made, key inputs to those decisions, and conditions under which decisions require review
  • Performs investment analysis projects in conjunction with the Portfolio Managers and research staff to continuously refine and improve the investment methodology and associated policies
  • Runs periodic and ad hoc updates to portfolio construction and attribution models, analyzing sensitivities and risks to key assumptions, and presenting this information to the team

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.

Qualifications

  • Bachelor's Degree or equivalent work experience - Finance, Business, Economics, Accounting or other equivalent field
  • 5-9 years of hands-on experience in commercial real estate credit structuring and underwriting
  • Ability to apply concepts, such as fractions, percentages, ratios and proportions, to practical situations
  • Ability to define problems, collect data, establish facts, and draw valid conclusions
  • Ability to effectively present information and respond to questions from groups or managers, members, and general public
  • Ability to work with mathematical concepts, such as profitability and statistical inference
  • Capacity to complete the project on time
  • Detail oriented, common sense decision-making; above average oral, written and communications skills
  • Excellent member service skills
  • Knowledge of underwriting and experience with all underwriting procedures
  • Organized and self sufficient
  • Strong quantitative reasoning and writing skills
  • Ability to addresses customer requests and ensure concerns are recorded accurately and action is initiated appropriately
  • Makes extra effort to satisfy customers needs and meet commitments
  • Communicates the importance and benefits of risk management to counterparts
  • Displays natural skepticism and curiosity to question the status quo and uncover issues
  • Adheres to a good root cause analysis process
  • Creates a good working environment in the team; works towards shared goals contributing ideas and accepting change
  • Provides assistance and coaches less experienced team members
  • Executes risk management process and procedures without management direction, and demonstrates awareness of expected results
  • Knows the relationship and impact of actions and results
  • Has an understanding of regulations impacting area supported

Job

:Underwriting

Primary Location

:New York-New York-200 Liberty Street - 06488 - Liberty Street

Organization

:CRE & MultiFamily (4701)

Schedule

:Full-time

Job Posting

:Oct 14, 2020, 2:05:27 PM

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