It Starts Here:
Santander is a global leader and innovator in the financial services industry and is evolving from a high-impact brand into a technology-driven organization. Our people are at the heart of this journey and together, we are driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what’s possible. This is more than a strategic shift. It’s a chance for driven professionals to grow, learn, and make a real difference.
If you are interested in exploring the possibilities We Want to Talk to You!
The Difference You Make:
The Sr. Associate, Underwriting plays a critical role in managing credit risk for the Dealer Commercial Services business by independently reviewing, analyzing, and weighing all aspects of complex credit applications. Serving as a key resource to underwriters and loan originators, this role helps drive sound credit decisions, strengthen portfolio performance, and deliver structured lending solutions that meet both customer needs and organizational risk standards.
Position Summary
Underwrite complex commercial loan transactions by analyzing borrower business history, financial statements, cash flow, and collateral to assess creditworthiness and risk exposure.
Structure, recommend, and discuss appropriate loan terms with customers to support long-term, profitable lending relationships.
Act as a subject matter resource for underwriters and loan originators, providing guidance on deal structure, credit considerations, and risk mitigation.
Manage and monitor an assigned loan portfolio, ensuring financial information is current, covenant requirements are met, and overall credit quality is maintained.
Review loan inquiries and respond to client requests in the absence of the assigned relationship or case manager to ensure continuity of service.
Monitor past-due and upcoming maturity reports, identifying risks, documenting findings, and supporting timely resolution.
Prepare clear, well-documented credit findings and recommendations to support internal credit decisions and approvals.
What You Bring:
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 a related field – Required.
Experience
9+ years of experience in financial analysis, structuring, and underwriting commercial loans – Required.
Experience with auto syndications. – Preferred.
Skills
Commercial credit analysis and underwriting.
Financial statement analysis and cash flow evaluation.
Loan structuring and collateral assessment.
Credit risk identification and mitigation.
Preparation of credit and findings reports.
Proficiency in Microsoft Word, Microsoft Excel, and Microsoft Outlook.
Strong analytical and decision-making abilities.
Clear and professional written and verbal communication.
Detail-oriented with strong organizational skills.
Ability to manage multiple files and priorities simultaneously.
Customer-focused mindset with a commitment to responsive service.
Leadership capability, including mentoring less experienced team members.
Initiative-driven, adaptable, and comfortable working in a fast-paced, team-oriented environment.
Certifications:
No Certifications listed for this job.
It Would Be Nice For You To Have:
Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.
What Else You Need To Know:
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:
$86,250.00 USDMaximum:
$145,000.00 USD
We Value Your Impact:
Your contribution matters and it’s recognized. You can expect a fair and competitive rewards package that reflects the impact you create and the value you deliver. We know rewards go beyond numbers. Offering more than just a paycheck our benefits are designed to support you, your family and your well-being, now and into the future. Santander Benefits - 2026 Santander OnGoing/NH eGuide (foleon.com)
Risk Culture:
We embrace a strong risk culture and all of our professionals at all levels are expected to take a proactive and responsible approach toward risk management.
EEO Statement:
At Santander, we value and respect differences in our workforce. 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 is required for this role. Depending on location, occasional moving and lifting light equipment and/or furniture may be required.
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 your employment at any time for any reason.
What To Do Next:
If this sounds like a role you are interested in, then please apply.
We are committed to providing an inclusive and accessible application process for all candidates. If you require any assistance or accommodation due to a disability or any other reason, please contact us at TAOps@santander.us to discuss your needs.