Community Development Finance Relationship Manager

Community Development Finance Relationship Manager

Country : United States of America

Summary

The Community Development Finance Relationship Manager is responsible for originating new community development equity investments and loans for the Company's Community Reinvestment Act (CRA) Program. The incumbent develops new business for an assigned portfolio of commercial customers. S / he develops and manages complex commercial accounts that meet the Company's community development investment and loan requirements and maximizes profitability while minimizing risk. Candidate also acts as a primary business relationship owner for new, complex community development transactions with a focus on Low-Income Housing Tax Credit (LIHTC) equity investments and associated LIHTC construction lending. This position provides support to the CDF Senior Director and works in partnership with CDF Underwriting and Portfolio Management. Candidate is expected to have strong communication skills, highly organized, self-starter, issue resolution, and ability to build rapport across departments and provide excellent client service in a deadline-oriented and time sensitive environment.

Duties & Responsibilities

• Conduct due diligence analysis on potential community development loans and investments throughout the Bank's footprint.
• Perform site visits
• Ensure transactions adhere to the Bank's credit policy, approved investment / loan approval and legal closing documents / agreements.
• Conduct financial modeling to evaluate the structure of community development loans and investments.
• Coordinate reviews with internal partners.
• Prepare committee materials for review and approval.
• Assist with the coordination of internal reviews and approvals with internal departments.
• Work with internal and external counsel to achieve timely closing of transactions
• Coordinate new client onboarding with Operations, CDF Portfolio Management Team and third party vendors.
• Collect new client onboarding documents.
• Assist with outreach for new relationships.
• Maintain lead database and prepare pipeline reports on potential transactions.

Qualifications

Diversity & EEO Statements

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.

Employer Rights

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.

Based upon experience, this position can be at the Associate or VP level.

Santander is a hybrid employer - 3 days / week in the office.

For NYC Job Applicants : The base annual salary range for this position is $115,000-$165,000. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.

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 : 123,750.00 USD

Maximum : 215,000.00 USD

Primary Location : New York, NY, New York

Other Locations : New York-New York

Organization : Santander Bank N.A.

Salary : $127,500 - $225,000 / year

Salary : $127,500 - $225,000