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!

Key Responsibilities:

• Underwriting and pro-active portfolio management of a portfolio of Securitized Lending transactions.  The main asset classes covered include auto loan/leases, trade finance, credit cards, consumer loans, residential and CLO.
• 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, rating manual rules, laws and regulations.
• Monitor the assigned portfolio as well as profit/growth results and trends to recommend and implement action plans.
• Responsible for the quality, integrity and soundness of all credit analysis and underwriting, and proposing appropriate risk ratings in accordance with the Bank’s credit policies and guidelines.
• Responsible for making recommendations on renewals, modifications, and new transactions.
• Maintain credit files in accordance with policy.
• Manage credit approval process. Prepare presentations for credit committees. Respond to questions as they arise.
• Provide support to the manager of the department on continuous improvement initiatives and take the lead on projects that support loan growth and efficiency objectives within lines of business. S/he applies Bank’s Credit policies and framework in support of risk management and business development.
• Build strong relationships throughout the Bank.  The main partner is the Securitized Lending / ABS product team.  Other relevant partners in the bank are Credit, Relationship, and Legal Partners. Support Securitized Lending Team Leader on special projects.
• Reviews, analyzes and evaluates risks in order to renew existing business or generate new accounts/transactions.
• Determines appropriate terms and conditions for coverages and rates for transaction profitability.
• Contributes to the profitable growth of the portfolio) by maintaining pricing integrity, product excellence, and the development of meaningful performance metrics and controls.
• Work closely with and support product team in transaction execution.  Coordinate with the corporate credit team and RM on relationship implications for Securitized Lending deals.
• Review and validate cash flow models for new transactions and perform stress test analysis.
• Proactively propose amendments to Securitized Lending policy to improve efficiency while remaining compliant with the wider bank policy.
• Ensure regulatory and legal compliance is achieved on Securitized Lending transactions.
• Perform ongoing portfolio monitoring of Securitized Lending transaction performance (including performance triggers) to identify and anticipate credit issues in a timely fashion. 
• Stay current on industry developments, update management as necessary, and propose rating changes when necessary to appropriately reflect credit quality of Securitized Lending transactions in the portfolio at all times.

What You Bring:
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, Mathematics, or equivalent field. Quantitative background is a plus.

Work Experience:

• Financial analysis, structuring, underwriting and portfolio management, 3-7 years or relevant experience
• Experience with underwriting securitized lending transactions, 3-7 years or relevant experience

Skills Required:

• Strong technical and analytical skills.
• Strong attention to detail and organizational skills.
• Knowledge of applicable laws and industry data sources.
• Demonstrated experience working with multiple asset classes.
• Deep knowledge of Securitized Lending cash flow models.
• Understanding of legal documentation for Securitized Lending transactions.
• Completion of a formal credit training program would be a plus.
• Demonstrated track record of managing and leading transactions, within a team environment to manage, monitor and grow portfolio.
• Ability to work well with others at all levels of the organization to obtain cooperation and to foster a business environment that is based upon mutual respect and teamwork.
• Ability to work independently as needed to achieve objectives.
• Knowledge of credit policies, procedures, regulations and applicable law.
• Excellent written/verbal communication and interpersonal skills.
• Programing skills would be a highly values plus.

Certifications:
• Other Completion of bank-certified course in Credit Training - Preferred.

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: New York, NY, Madison Ave Corp

Other Locations: New York-New York

Organization: Banco Santander S.A.