Analyst - Middle Market Underwriting

Reviews, analyzes and evaluates risks in order to renew existing business or generate new accounts. Determines appropriate terms and conditions for coverages and rates for program profitability. Contributes to the profitable growth of specific program(s) by maintaining pricing integrity, product excellence, and the development of meaningful performance metrics and controls.

Underwrites risk (i.e., selection/rejection of new and renewal business). Analyzes quality and quantity of risks underwritten and prepares reports accordingly. Administers and monitors underwriting rules and guidelines, rating manual rules, laws and regulations. May review books of business as well as profit/growth results and trends to recommend and implement action plans.

Essential Functions/Responsibilities:
Participates in projects that help improve and streamline the credit delivery process.
Prepares high quality, detailed credit approval documents that contain an in-depth analysis and an understanding and identification of credit issues and risks.
Decisions loan requests in accordance with the organization's loan policies and procedures.
Recommends proper loan structuring that limits risk.
Prepares commitment letters upon approval of loan request.
Orders and reviews appraisals and valuations (real estate, equipment, business, etc.).
Assists all partners (closing, portfolio, and operations) in the closing of business loans.

Qualifications:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education:
Bachelor's Degree or equivalent work experience in Finance, Accounting, Management, Economics or equivalent field.

Work Experience:
Related experience and/or training

Skills and Abilities:
Highly proficient with Microsoft Office, especially Excel.
Familiarity with financial statement analysis.
Strong verbal, written, interpersonal, and public presentation skills.
Proven organizational skills; able to work independently and be detail oriented and thorough.
Ability to work well on a team with different personalities, adjust quickly to various work situations, and remain composed under pressure/in stressful situations.
Ability to work on multiple transactions simultaneously and prioritize assignments to meet deadlines and manage expectations.

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.

Working Conditions:

Frequent Minimal physical effort such as sitting, standing and walking. Occasional moving and lifting equipment and furniture is required to support onsite and offsite meeting setup and teardown. Physically capable of lifting up to fifty pounds, able to bend, kneel, climb ladders.

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.

Primary Location: Boston, MA, Boston

Other Locations: Massachusetts-Boston

Organization: Santander Bank N.A.