Company: Santander Holdings USA Inc
Posted on: January 26, 2023
East Providence, United States of America
WHAT YOU WILL BE DOING
USA Job Family Description: Reviews, analyzes and evaluates risks
in order to renew existing business or generate new accounts.
Determines appropriate terms and conditions for coverages and rates
for program profitability. Contributes to the profitable growth of
specific program(s) by maintaining pricing integrity, product
excellence, and the development of meaningful performance metrics
USA Job Function Description: 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. May review
books of business as well as profit/growth results and trends to
recommend and implement action plans.
Essential Functions/Responsibilty Statements:
Leads deal diligence process including identifying all key
Reviews relevant deal documents / information provided in data
room, by Company / Sponsor, and third party reports.
Helps to structure deals.
Oversees internal approval process including ensuring accurate and
timely completion of internal approval write-ups and leading deal
merit discussion on internal approval calls.
Manages legal aspect of deal process.
Mentors junior resources on underwriting best practices.
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
Bachelor's Degree or equivalent work experience in Finance,
Accounting, Management, Economics or equivalent field. (Req)
Financial analysis, structuring, underwriting and portfolio
management., 5-9 or relevant experience (Req)
Experience with underwriting loan transactions, 5-9 or relevant
Skills and Abilities:
Superior written and verbal communication skills
Strong analytical skills and proficient with financial
Ability to work in a fast paced environment with little
Ability to work well with others and on teams
Proficient in Microsoft Office, including Word, Excel and
Skilled in proposing and negotiating and recommending credit and
Comfortable in customer contact situations including escalations
and potential work-out/loan restructure environments
Ability to foster strong partnerships with the related
documentation and underwriting units
Demonstrated practical and conceptual knowledge of credit and risk
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
Diversity & EEO Statements: 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.
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. Occassional moving and lifting
equipment and furniture is required to support onsite and offsite
meeting setup and teardown. Physically capable of lifting up to
fifty pounds, able to bend, kneel, climb ladders.
Employer Rights: 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 at any
time for any reason. English
Primary Location: East Providence, Rhode Island, United States of
Other Locations: Rhode Island-East Providence
Organization: Santander Bank N.A.
Keywords: Santander Holdings USA Inc, Warwick , Underwriting Coach, Other , Slocum, Rhode Island
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