What are the responsibilities and job description for the Sr. Environmental Analyst position at Santander Bank, N.A.?
Boston, United States of America
The Sr. Environmental Analyst (Portfolio Management Oversight) reviews, analyzes and evaluates environmentally-focused and risk-based processes and reports needed to address potential environmental risks and liabilities associated with real estate lending transactions. This is done to reduce environmentally-related operating losses and maintain maximum protection of the organization's assets and services. S/he will support the second line of defense in identifying environmental concerns and proposing recommendations to minimize risk associated with real estate.
Other Locations: Massachusetts-Boston
Organization: Santander Holdings USA, Inc.
Salary: $58,125 - $102,500/year
AN EQUAL OPPORTUNITY EMPLOYER M/F/Vet/Disabled/SO
The Sr. Environmental Analyst (Portfolio Management Oversight) reviews, analyzes and evaluates environmentally-focused and risk-based processes and reports needed to address potential environmental risks and liabilities associated with real estate lending transactions. This is done to reduce environmentally-related operating losses and maintain maximum protection of the organization's assets and services. S/he will support the second line of defense in identifying environmental concerns and proposing recommendations to minimize risk associated with real estate.
- Reviews ASTM Phase I Environmental Site Assessments (ESAs), environmental questionnaires, regulatory databases, and other environmental due diligence reports in order to identify environmental risks and liabilities and associated adverse financial impacts on collateral value.
- Maintains current working knowledge of emerging federal, state, and municipal environmental issues and their impact on potential environmental liabilities associated with loan transactions.
- Prepares appropriate environmental review memorandum summarizing liabilities and recommending follow-up evaluations
- Assist with policy/procedure development in an effort to limit Bank environmental liabilities associated with real estate collateralized and other loan transactions.
- Manages projects to ensure timely completion of review memoranda.
- Assists in development and management of the bank’s environmental consultant vendor listing.
- Adjusts risk management policies, systems, and processes to solve problems or improve effectiveness within the department.
- Evaluates the strengths and weaknesses of existing controls and provides recommendations on opportunities for improvement.
- Informs employees on environmental risk policies and guidelines to build a risk aware culture and practice across the organization.
- Interprets and applies procedures, ensures analysis is documented and that records are maintained.
- Operates as a point of contact for the department by responding to internal inquiries regarding environmental policies, procedures, regulatory requirements, and project status updates.
- Provides procedural guidance and support to junior analysts in the various functions of the department, and in the methods of tools of analysis
- Researches a wide variety of topics and issues including emerging environmental risks and trends and risk management best practices; summarizes and communicates findings with team.
- Reviews identified risks and liabilities; informs and recommends resolutions with business lines to mitigate risk potential
- Shares insight to causes of risk indicators and proposes recommendations to resolve or mitigate identified risks with team.
- Performs other duties and responsibilities as assigned.
Other Locations: Massachusetts-Boston
Organization: Santander Holdings USA, Inc.
Salary: $58,125 - $102,500/year
AN EQUAL OPPORTUNITY EMPLOYER M/F/Vet/Disabled/SO
Salary : $58,125 - $102,500
