Santander USA

Multifamily Commercial Real Estate UnderwriterQuick Apply

Location Las Vegas, NV
Employment type Full-Time
Pay TBD/year

Job description

Santander’s Commercial Banking Division is an active provider of capital, treasury management and risk management solutions to thousands of small and mid-sized companies in the northeast and across the country. We also have expertise and provide service to specific industry sectors including real estate, asset based lending, energy, education, health care and government.  

Our clients rely on the strength of Santander’s balance sheet and the degree to which our relationship managers understand their businesses in order to develop the most relevant and compelling solutions.  In addition, Santander’s significant international presence in regions around the world uniquely positions us to help companies grow their business, both near and far.

Summary
The Sr. Associate, Underwriting is responsible for managing credit risk by reviewing and properly weighing all aspects of more complex mortgage applications. The incumbent is a key resource for mortgage originators and lenders.

Duties and Responsibilities
  • Underwrites loans by analyzing business history, financials and loan collateral
  • Maintains loan relationship with a variety of customers by structuring and discussing recommendations
  • Monitors portfolio and ensures all financials are up to dates
  • Reviews credit memos completely before submission to Department Manager and Senior Loan Officers
  • Reviews loan inquiries
  • Reviews past due report and notes coming due

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.

  • Bachelor's Degree in Finance, Accounting, Management, Economics or equivalent field, or equivalent work experience
  • 9-12 years of relevant financial analysis, structuring, underwriting and portfolio management experience
  • 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
  • Capable of preparing findings reports
  • Categorical understanding of the mortgage lending process
  • Commitment to excellent customer service
  • Responds promptly to customer needs
  • Strong communication skills (written and verbal)
  • Detail Oriented
  • Extensive decision-making and analytical skills to evaluate information, determine risks, and consider the benefits
  • Proficient knowledge of Microsoft Word, Microsoft Excel, and Microsoft Outlook
  • Self-starter with ability to work in a face paced team oriented environment
  • Takes initiative on projects and assignments
Employees desiring consideration should complete an online application, utilizing the appropriate process as subscribed by the posting entity. Employees should provide all pertinent information to support their candidacy. To be considered eligible for internal posting, Santander employees must meet all of the following eligibility requirements:
- Completion of at least one year of active service in Santander;
- Completion of at least twelve months in current position; and
- Be in “Good Standing”.
 
Please click here to see the full policy - http://thesource.sov.gs.corp/assets/Internal-Recruitment-Guidelines.pdf
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About Santander USA

At Santander Bank, we want you to prosper. That’s why we treat you and your money with respect. Respect is shown in everything we do. From how we talk and listen, to how we act. Because it’s the little things that add up to bigger ones. Respect adds up.

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Multifamily Commercial Real Estate Underwriter