Credit Analyst

Santander Bank - New York, NY (30+ days ago)3.7


Credit Analyst-1803197
Description
Santander’s Commercial Banking Division is an active provider of capital, treasury management and risk management solutions to thousands of small and mid-sized companies in the northeast and across the country. We also have expertise and provide service to specific industry sectors including real estate, asset based lending, energy, education, health care and government.

Our clients rely on the strength of Santander’s balance sheet and the degree to which our relationship managers understand their businesses in order to develop the most relevant and compelling solutions. In addition, Santander’s significant international presence in regions around the world uniquely positions us to help companies grow their business, both near and far.

Duties & Responsibilities:
Assist Credit Risk with credit analysis utilizing the Commented Risk Rating to ascertain appropriate risk; underwriting of renewals, modifications and new deals
Support the credit approval and closing process by also working with Relationship Managers for the credit risk component of the NILO document
Review closing documents ensuring compliance with covenants and that closing conditions are met
Assist with credit and risk management by monitoring assigned portfolio
Compliance with the requirements of the applicable laws and regulations, including the banks AML / BSA / OFAC / CIP program; ECOA / Reg B, and all other relevant laws and regulations
Independently perform financial analysis, underwriting, portfolio management, portfolio monitoring and authors Commented Risk Rating and credit risk components of NILO
Assist with legal closing process, preparing, reviewing, and validating documentation, ensuring compliance and conditions are met
Communicate with client and Credit Officer regarding covenant exceptions
Communicate with credit team and Relationship Manager regarding covenant exceptions
Conduct industry and market analysis to identify issues; conduct third party verification via background, credit and due diligence
Facilitate post loan closing activities and transition to appropriate groups for recording and tracking
Test for deteriorating credits and increases risk/exposure of assigned portfolio
Assess and formally review client Risk through periodic Audits and Credit File reviews
Continuously monitor client financials/information to ensure compliance with loan policies.
Occasionally visits clients, partnered with Relationship Manager
Qualifications
Bachelor's Degree in Business Administration, Accounting, Finance, Economics or equivalent experience
1-3 years professional experience ideal
Effective written/verbal communication and interpersonal skills
Proficiency in Microsoft Word and Excel
Strong organizational and administrative skills
Ability to multi-task
Strong technical and analytical skills
Job
:Non-Std UW & Risk Analysis
Primary Location
:New York-New York
Organization
:Commercial Banking (4700)
Schedule
:Full-time
Job Posting
:Jun 21, 2018, 5:05:34 PM