Equity Underwriter - Associate

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 is a chance for driven professionals to grow, learn, and make a real difference.

The Associate, Underwriting underwrites safe and sound loans in an expedient manner through a review process of analyzing and evaluating income, assets, liabilities, and property. The incumbent carefully assesses and evaluates the risk of financing requests within the framework of the organization's credit culture and current economic and industry trends. They review self-employed, corporate and partnership tax returns, profit and loss, as well as financial statements to ascertain borrowers' income;

ensures loans are in compliance with the organization's underwriting standards and all applicable state and federal laws, rules and regulations.

• Receives and reviews incoming loan application requests and supporting documentation delivered through managed electronic lending portals, queues or other avenues of receipt.
• Underwrites and processes loans depending on department need to meet stated service levels.
• Utilizes department policies & guidelines, in addition to cognitive thinking, to build profitable, performing secured and unsecured loans.
• Conducts credit analysis on each loan applications including review of tax returns (personal and business), cash flow analysis, debt-ratio calculations, credit-scoring and collateral valuations.
• Communicates with internal and external parties to ensure all appropriate information has been received from borrowers to best evaluate loan requests and ability to repay as stated.
• Manages pending applications within Loan Origination System (LOS) queues as directed.
• Reviews applications and credit.
• Analyzes collateral, credit and loan risk.
• Reviews loan documents.
• Handles data input, reporting, servicing.

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.

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

• 5+ Years Financial analysis, structuring, underwriting and portfolio management.
  
  - Required.
• Organized, self-sufficient, and able to complete projects on time.
• Strong knowledge of underwriting procedures and practices.
• Excellent member service and communication skills, with the ability to effectively present information and respond to questions from members, managers, and the general public.
• Detail-oriented with sound judgment and decision-making skills.
• Strong analytical and problem-solving skills, including the ability to gather information, establish facts, and draw valid conclusions.
• Strong mathematical skills, including profitability, percentages, ratios, proportions, and basic statistical concepts.
• Systems:
  Encompass
  - Preferred.

• Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.

Applicants must be legally authorized to work in the United States on a full-time basis without requiring employer sponsorship to commence employment.

The base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.

Minimum: $65,625.00 USD

Maximum: $ USD

Your contribution matters and it's recognized. You can expect a fair and competitive rewards package that reflects the impact you create and the value you deliver. We know rewards go beyond numbers. Offering more than just a paycheck our benefits are designed to support you, your family and your well-being, now and into the future.…