Santander Bank, NA Credit Analyst in Melville, New York

Credit Analyst - 1707246



Risk is present in all of Santander’s activities and effective Risk Management is a critical component of the Bank’s success. Through application of the Bank’s Risk Framework and the continuous identification and assessment of risk, Santander seeks to ensure that all of our businesses operate inside of clearly established limits, are able to proactively quantify exposures, and take corrective action when required.

As a member of the Risk Management division, you would be part of a diverse team of talented professionals who interact with senior risk team personnel, business managers and other Bank disciplines in order to understand business operations and dynamics, and analyze, monitor, and manage related risks.

This position assists Credit Risk with credit analysis utilizing the Commented Risk Rating to ascertain appropriate risk; underwriting of renewals, modifications and new deals. Supports, through the credit approval and closing process, RMs for the credit risk component of the NILO document. Reviews closing documents ensuring compliance with covenants and closing conditions are met. Assists with credit and risk management by monitoring assigned portfolio.

Duties & Responsibilities:

  • Assists with legal closing process, preparing, reviewing, and validating documentation, ensuring compliance and conditions are met

  • Conducts industry and market analysis to identify issues; conducts third party verification via background, credit and due diligence

  • Facilitates post loan closing activities and transition to appropriate groups for recording and tracking

  • Monitors and assesses client financials, collateral, loan covenants and risk ratings on a periodic basis

  • Occasionally visits clients - independently

  • Prepares approval memorandum (NILO)

  • Assesses and formally reviews client Risk through periodic Audits and Credit File reviews

  • Communicates with client and Credit Officer regarding covenant exceptions

  • Manages credit renewal and maturities through continuous monitoring of assigned portfolio

  • Performs credit analysis and underwriting on all new deals, renewals, maturities and modifications and verifies compliance with credit policy

  • Prepares Commented Risk Rating and credit component of NILO approval document

  • Tests for deteriorating credits and increases risk/exposure of assigned portfolio

  • Visits customers with RMs and independently



  • Bachelor's Degree in Business Administration, Accounting, Finance, Economics or equivalent experience

  • 5+ years credit analysis experience -muni, vehicle and/or leasing industry preferred

  • Excellent technical and analytical skills

  • Excellent written/verbal communication and interpersonal skills

  • Proficiency in Microsoft Word and Excel

  • Strong organizational and administrative skills. Ability to multi-task

  • Thorough knowledge of Credit Policy, procedures, regulations and applicable law

Job : Non-Std UW & Risk Analysis
Primary Location : New York-Melville
Schedule : Full-time
Job Posting : Sep 15, 2017, 4:23:41 PM