Manager, Commercial Middle Market Underwriting - M4

Santander Bank Reading , PA 19601

Posted 2 months ago

Apply Req ID: 2002608 Date posted 08/31/2020

Manager, Commercial MIddle Market Underwriting

  • M4 - 2002608

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 Underwriting & Portfolio Management

  • M4 is responsible for managing a portfolio of loans as well as the underwriting and structuring of credit transactions within the portfolio with minimal oversight from the Credit Product Manager. The role involves ongoing management and primary accountability for all monitoring and maintenance activities for an assigned portfolio, primarily larger/complex client relationships. The incumbent is responsible for monitoring client operating performance and financial condition to proactively identify issues and opportunities.

Duties & Responsibilities

  • Delivers financial, industry, economic and other analysis to facilitate decision making

  • Ensures adherence to credit policies, guidelines, and applicable regulatory requirements

  • Ensures overall portfolio performance and asset quality remains strong and is able to independently address and develop strategies and actions to resolve issues that could increase risk and/or create loss for the organization

  • Identifies revenue opportunities.,Interacts with Sales Team, Credit Products Manager, Credit Officer and CRM, in order to discuss and resolve risk related issues

  • Monitors and manages credit quality and data integrity within their loan portfolio

  • Performs the functions of the position with only periodic oversight and is expected to perform with general supervisory intervention

  • Proactively identifies issues with recommended risk mitigation

  • Reviews financials, makes recommendations for approval of annual review/renewal and/or modifications

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, Accounting, Management, Economics or equivalent field. Master's Degree

  • Finance, Accounting, Management, Economics or equivalent field preferred

  • 9-12 years of credit and documentation experience; 9-12 years of financial analysis, structuring, underwriting and portfolio management experience

  • Completion of bank-certified course in Credit Training preferred

  • Demonstrated knowledge in financial modeling and able to structure credit in modeling environment

  • 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 and 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

  • Brings out the best in each team member by consistently motivating and acknowledging peer contributions

  • Understands and leverages team dynamics

  • Effectively conveys difficult or complex information in an easy to understand manner, by providing the big picture and illustrating important linkages

  • Asks open-ended questions that encourage others to give their points of view,Ensures required resources and skills are in place to maintain smooth day-to-day operations and tackle arising problems

  • Ensures that all directs and colleagues have appropriate knowledge of risk and the regulatory environment

  • Investigates and identifies the root cause and corrects items deemed non-compliant, regardless of pressures from business or management

  • Fully accountable for timeliness, completeness, quality of projects, processes, products and services

  • Remains calm and focused on goals while facing pressures, obstacles or short-term setbacks,Improves relationships between key individuals to achieve seamless cross-team work flow and positively impact results Uses informal networks to gain support for ideas and projects

  • Keeps up -to-date with external market events, pressures and regulations which may impact the organization and assesses whether similar issues exist in the organization

  • Can identify functional and organizational implications associated with major trends

  • Designs solutions to address industry activities that impact the organization

  • Monitors adherence to policies, regulations, processes and procedures within function and actively undertakes corrective action where necessary

  • Understands end to end processes across the organization and how processes are integrated

  • Has a practical knowledge of regulations impacting area supported

  • Reformulates the problem in different ways to evaluate it from different angles

  • Stays up-to-date with needs, preferences, trends and practices which impact customers

  • Acts as a role model by being a source of advice and knowledge regarding customer issues

  • Takes responsibility for and deals effectively with complex and sensitive customer issues and complaints

  • Anticipates customer needs and proactively makes recommendations

Job

: Underwriting

Primary Location

: Pennsylvania-Reading-601 Penn Street

  • 06438 - Reading-Corp

Organization

: Commercial Banking (4700)

Schedule

: Full-time

Job Posting

: Aug 31, 2020, 2:42:04 AM

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Manager, Commercial Middle Market Underwriting - M4

Santander Bank