What are the responsibilities and job description for the Commercial Lending Risk Manager position at Santander Holdings USA Inc Careers?
Job Overview: The Commercial Lending Risk Manager is responsible for leading a team of underwriters in reviewing and analyzing credit risks, with the goal of renewing existing business or generating new accounts. This role requires a deep understanding of financial analysis, credit structuring, and risk management practices.
Main Responsibilities:
Requirements:
Education: Bachelor's Degree or equivalent work experience in Finance, Accounting, Management, Economics, or equivalent field
Work Experience: 12-15 years of experience in commercial lending/portfolio management, including financial analysis and credit structuring, and understanding and applying credit policy, and credit monitoring and risk administration practices
Skills:
Main Responsibilities:
- Manage a team of underwriters to ensure timely and accurate risk assessments
- Develop and implement business strategies to meet segment objectives
- Lead the due diligence and underwriting process on new lending opportunities
- Communicate portfolio trends, risks, and mitigants to senior leadership
- Evaluate and communicate key underwriting/marketplace issues to peer and senior management staff
Requirements:
Education: Bachelor's Degree or equivalent work experience in Finance, Accounting, Management, Economics, or equivalent field
Work Experience: 12-15 years of experience in commercial lending/portfolio management, including financial analysis and credit structuring, and understanding and applying credit policy, and credit monitoring and risk administration practices
Skills:
- Credit and documentation experience
- Ability to propose and negotiate credit and covenant structures
- Practical and conceptual knowledge of credit and risk analysis
- Financial modeling skills and ability to structure credit in a modeling environment
