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Sr. Associate, Underwriting - Dealer Commercial Services

Santander is a global leader and innovator in the financial services industry. We believe that our employees are our greatest asset. Our focus is on fostering an enriching journey that empowers you to explore diverse career opportunities while nurturing your personal growth. We are committed to creating an environment where continuous learning and development are prioritized, enabling you to thrive both professionally and personally. Here, you will find ample opportunities to connect and collaborate with talented colleagues from around the world, sharing insights and driving innovation together. Join us at Santander, where you are supported by a culture of engagement and a commitment to your success.

An exciting journey awaits, if you are interested in exploring the possibilities We Want to Talk to You!

The Difference You Make: The Sr. Associate, Underwriter is responsible for managing credit risk by reviewing and properly weighing all aspects of more complex/large relationships. The senior associate is a key resource for underwriters and loan originators for the Dealer Commercial Services line of business.

• Independently underwrites and prepares accurate and concise proposals or modifications for credit committee approval.
• Analyzes financial statements, balance sheet, income statements, and cash flow of automotive dealerships, including business history, structure and loan collateral.
• Monitors portfolio and obtains and reviews up to date financials.
• Interfaces with customers and internal line of business partners to obtain data to complete analysis.
• Manages each annual renewal and/or new business loan requests with the highest sense of urgency, while multi-tasking on multiple proposals.
• Manages the complete end-to-end underwriting process to ensure timely and efficient processing of all annual renewals, modifications, and new business opportunities.
• Reviews loan inquiries and responds to client requests.
• Reviews credit memos completed by junior level staff before submission to department or senior management.
• Reviews and manages past due and coming due loan reports.

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. Bachelor's Degree or equivalent work experience in Finance, Accounting, Management, Economics or equivalent field is required. 9+ Years Financial analysis, structuring, underwriting, and portfolio management is required.

• Commitment to excellent customer service – responds promptly to customer needs, professional interacts with customer.
• Extensive decision-making and analytical skills to evaluate information, determine risks, and consider the benefits.
• Communication skills, responds well to questions and demonstrates comfort with group presentations.
• Proficient knowledge of Microsoft Word, Microsoft Excel, and Microsoft Outlook.
• Detail Oriented.
• Categorical understanding of the lending process.
• Capable of preparing findings reports.
• Ability to handle multiple files simultaneously.
• Ability to provide leadership in the market by being a positive contributor to the team including being a mentor to less experienced team members and embracing change.
• Takes initiative on projects and assignments, seeks alternate solutions when necessary.
• Self-starter with ability to work in a face paced team-oriented environment.

It Would Be Nice For You To Have: Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.

What Else You Need To Know: 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.

Base Pay Range

Minimum: $82,500.00 USD

Maximum: $145,000.00 USD

Risk Culture: We embrace a strong risk culture and all of our professionals at all levels are expected to take a proactive and responsible approach toward risk management.

EEO Statement: At Santander, we value and respect differences in our workforce. 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 is required for this role. Depending on location, occasional moving and lifting light equipment and/or furniture may be required.

What To Do Next: If this sounds like a role you are interested in, then please apply. We are committed to providing an inclusive and accessible application process for all candidates. If you require any assistance or accommodation due to a disability or any other reason, please contact us at TAOps@santander.us to discuss your needs.