Associate, Transaction Management

Santander is a global leader and innovator in the financial services industry and is evolving from a high-impact brand into a technology-driven organization. Our people are at the heart of this journey and together, we are driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what’s possible. This is more than a strategic shift. It’s a chance for driven professionals to grow, learn, and make a real difference.

The Associate, Transaction Management – SCIB Lending (incl. Leveraged Finance and Structured Finance) is an Associate individual contributor role within US SCIB COO Lending Solutions. The role is responsible for managing complex lending transactions from approval through closing, booking, funding, settlement, and lifecycle handoff, with a primary focus on SCIB lending transactions (incl. Leveraged Finance and Structured Finance).

Objectives are to

1) Ensure lending transactions are closed and booked in accordance with approvals, executed documentation, KYC/AML requirements and operational readiness standards.

2) Support front-to-back coordination across Business Lines, Advisory, Credit, Legal, Compliance, Agency, Capital Markets, Treasury, Finance, Operations and Back Office.

3) Strengthen the US SCIB Lending Solutions control environment.

• Support the execution of complex Leveraged Finance, Structured Finance, syndicated, bilateral, club, participant, left lead, and amendment transactions from pre-approval through close.
• Coordinate closing checklists, conditions precedent, documentation status, approval evidence, funds flow, allocations, operational setup, and stakeholder readiness.
• Monitor for material changes to approved terms and elevate them for review and re-approval where required before signing, closing, booking, or funding.
• Partner with Advisory, Legal and Front Office during documentation negotiation to help identifying operational, control, booking, agency, collateral, covenant, and funding implications.

• Review and track that approvals, KYC/AML diligence, borrower/guarantor/lender onboarding, legal documentation, collateral/security requirements, insurance, UCC/lien perfection, flood diligence, covenant setup, risk system updates, deal capture and booking data for completion, escalating outstanding items as appropriate.
• Prepare and review booking instructions and coordinate with Middle Office, Back Office, Treasury, Finance, Agency and Operations to support accurate system setup and funding readiness.
• Track and support the resolution of booking defects, documentation gaps, post-close items, and control exceptions.

• Support the execution of transaction amendments, waivers, extensions, repricings, incremental facilities, assignments, paydowns and other lifecycle events requiring cross-functional execution.
• Track required credit, business, legal, compliance and operational approvals and elevate outstanding items as appropriate before implementation.
• Support the handoff of transactions to Portfolio Management, Agency, Operations and Servicing for covenant, collateral, monitoring, and servicing obligations.

• Contribute to the development and enhancement of procedures, playbooks, closing standards, training materials, issue logs, and quality control routines.
• Share knowledge and support the onboarding of new team members on deal mechanics, Lev Fin and Structured Finance transaction structures, closing protocols, documentation review, booking controls, and escalation standards.
• Identify recurring issues and contribute to…