CRE Underwriting Analyst, Santander

$50.6-85k

Excel

Junior and Mid level

Miami

Retail and commercial bank

Be an early applicant

Retail and commercial bank

1001+ employees

B2CB2BBanking

Be an early applicant

$50.6-85k

Excel

Junior and Mid level

Miami

1001+ employees

B2CB2BBanking

Company mission

To help people and businesses prosper.

Job

Company

Role

Who you are

Bachelor's Degree or equivalent work experience: Finance, Accounting, Management, Economics or equivalent field. - Required
1-3 Years Related experience and/or training. - Required
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

What the job involves

The Analyst, Underwriting works closely with the origination team and credit risk management in reviewing and analyzing financial statement reports
Conducting due diligence, helping structure the transaction, assessing credit risk ratings, preparing deal screen presentations
Writing credit approval memorandums, presenting recommendations to credit committee, reviewing legal documentation, and monitoring and managing the credit portfolio
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
Supports department manager by supervising all personnel within the department in case manager is absent

Our take

Santander serves 14 million UK customers as a retail and commercial bank. Despite a mixed history, including issues with call centre service, mis-selling PPI, and anti-money laundering control failures between 2012 and 2017, Santander continues to thrive by focusing on innovation, digitalisation, and sustainable, responsible growth.

Recently, Santander has enhanced its digital and mobile services to meet the needs of modern banking customers. This includes the My Home Manager app, which provides mortgage customers with a centralised platform for their information, and increased fraud alerts to protect less digitally literate customers as they transition online. These efforts aim to connect physical and digital channels for a seamless customer experience, positioning Santander to better compete against digital banks like Monzo and Starling.

In addition to these digital advancements, Santander has joined forces with Iberpay in Spain to become inaugural participants in the European Payments Council’s One-Leg Out Cross-border Transactions Instant Scheme (OCT Inst). This initiative is set to introduce global instant transfers, further emphasising Santander's commitment to innovation and enhancing its service offerings in the digital banking landscape.