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VP Credit Management

Company: Santander Holdings USA Inc
Location: East Orange
Posted on: November 25, 2022

Job Description:

VP Credit ManagementCountry: United States of AmericaWHAT YOU WILL BE DOINGThe 1st Line Credit Management Vice President is a critical member of the Diversified Industrials Large Corporate Banking Team. This position will work closely with the Sector Head and Relationship Managers (RM's) to present business opportunities for approval from the 2nd Line Credit Risk team. The Vice President also manages an active portfolio of complex and/or high dollar relationships, and routinely monitors them for risks inherent in a business loan portfolio.Additional Responsibilities:

  • Portfolio management of an assigned portfolio of large corporate clients including, covenant monitoring, early action memo on critical events, and periodic borrower reviews
  • Become the subject matter expert of an assigned portfolio through close following of company developments, press releases and news reports
  • Manage transactions from start to finish including borrower ratings, transaction analysis, financial modelling, and presentation to credit committee
  • Lead the underwriting of complex transactions including mergers, acquisitions and divestitures
  • Identify risk and mitigants and articulate them through written word and through incorporating them into the financial model
  • Navigate the internal approval process including ensuring accurate and timely completion of credit applications, borrower rating applications, annual and quarterly reviews
  • Own the credit approval process, ensuring client requests are process through risk in a timely manner, meeting or exceeding client expectations
  • Reviews relevant deal documents / information provided by Company / Sponsor, and third-party research reports
  • Review credit documentation and synthesize into key terms and conditions, including syndicated and bilateral credit agreements, trade agreements, security agreements and ISDA/CSAs
  • Develop credit recommendations which include clear views of credit structures and borrower's risks
  • Mentor junior Credit Professionals, assisting in their development of credit and interpersonal skills
  • Provides support to the broader Credit Team on continuous improvement initiatives and that support loan growth and efficiency objectivesQualifications:
    • Bachelor's Degree or equivalent work experience - Finance, Accounting, Management, Economics, or equivalent field (Completion of a Formal Credit Training Program, MBA or CFA Charter is a Plus)
    • 9+ years - Experience with underwriting loan transactions and portfolio management
    • Strong financial modeling and analytical skills
    • Experienced in corporate valuation including Discounted Cash Flows analysis
    • Good verbal and written communication skills.
    • Ability to work in a fast-paced environment with little supervision and simultaneously manage multiple projects
    • Ability to influence others, including management, by persuasively presenting thoughts and ideas to gain commitment and agreement for proposed ideas and solutions
    • Proficient in Microsoft Office, including Word, Excel and PowerPointFor NYC Job Applicants: The base annual salary range for this position is $126,000-$165,000. - The exact compensation may vary based on skills, experience, training, licensure and certifications and location.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.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: -New York, New York, United States of America
      Other Locations: -New York-New York
      Organization: -Banco Santander S.A.

Keywords: Santander Holdings USA Inc, East Orange , VP Credit Management, Executive , East Orange, New Jersey

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