Associate CIB Credit & Portfolio Management

It Starts With You:

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

Difference You Make:

The Associate, CIB Credit & Portfolio Management helps underwrite and monitor a portfolio of complex and/or high-dollar commercial real estate (CRE) and other banking loan relationships, helping to identify and manage the risks inherent in a business loan portfolio. The Associate supports the department manager on continuous improvement initiatives, leads select projects that support loan growth and efficiency objectives within lines of business, and helps deliver an industry-leading experience for internal and external customers.

• Conducts deal diligence, including identifying all key risks.
• Reviews deal documents and data room materials, information provided by the Company / Sponsor, and third-party reports.
• Helps structure deals and recommend credit and covenant structures.
• Works with the front office team in the underwriting of CRE transactions, including warehouse and repurchase facilities, term loans, and revolving credit facilities, analyzing collateral quality, sponsor strength, cash flows, and downside scenarios.
• Manages the preparation of credit approval materials for new transactions, renewals, extensions, amendments, and annual reviews, and helps support risk ratings.
• Participates in the presentation of deals and supports deal merit discussions on internal approval calls, ensuring accurate and timely completion of internal approval write-ups
• Help coordinate the legal aspects of the deal process with counsel and documentation teams.
• Conducts ongoing portfolio monitoring, including loan performance, covenant and borrowing base compliance, and concentrations, and proactively flags emerging credit and event risks.

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: in related field or equivalent demonstrated through a combination of work experience, training, military service, or education
  - Required

Qualifications:

Experience

• 5+ years of CRE credit experience, including underwriting and structuring CRE loans and/or CRE warehouse, repurchase, and other secured financing facilities across property types
  - Required.
• Experience with CRE portfolio management, including surveillance, annual reviews, renewals and extensions, amendments, risk rating recommendations, and monitoring of exposure and concentration
  - Required.
• Experience preparing credit approval memoranda and presenting recommendations to senior credit approvers and credit committees.

Technical & Credit Skills

• Strong knowledge of CRE underwriting fundamentals, including property-level cash flow analysis, NOI, DSCR, LTV, debt yield, appraisals, and lease and rent roll analysis.
• Demonstrated practical and conceptual knowledge of credit and risk analysis, including evaluating sponsor and borrower strength, collateral performance, market trends, and downside and stress scenarios.
• Strong analytical and financial modeling skills, proficient with financial statements, and able to structure credit in a modeling environment and assist RMs on structuring the credit relationship.
• Skilled in proposing, negotiating, and recommending credit and covenant structures, including advance rate, eligibility, and margin call provisions.
• Solid knowledge of loan and related legal documents, including credit and warehouse agreements, guarantees, and collateral and servicing documents.
• Solid understanding of industry nuances applicable to the group's portfolio and knowledge of Federal banking regulations.
• Proficient in Microsoft Office, including Word, Excel, PowerPoint and ability to work with data.

Communication & Collaboration

• Strong judgment and sound credit skills, with the ability to independently reach conclusions and form a clear view of credit structure and business risk to the…