VP, Senior Leveraged Finance Credit Risk Associate
SantanderAbout the role
Your Journey Starts Here:
Santander is a global leader and innovator in the financial services industry. We believe that our employees are our greatest asset. Our focus is on fostering an enriching journey that empowers you to explore diverse career opportunities while nurturing your personal growth. We are committed to creating an environment where continuous learning and development are prioritized, enabling you to thrive both professionally and personally. Here, you will find ample opportunities to connect and collaborate with talented colleagues from around the world, sharing insights and driving innovation together. Join us at Santander, where you are supported by a culture of engagement and a commitment to your success.
An exciting journey awaits, if you are interested in exploring the possibilities We Want to Talk to You!
The Difference You Make:
The Sr. Associate, Credit Risk is responsible for risk analysis and independent oversight of credit quality of assigned portfolios within the US Leveraged Finance Risk team. They are responsible for all aspects of joining due diligence calls, shaping credit memos alongside 1st Line of Defense ("1LOD"), providing appropriate challenge around risk ratings / credit analysis / financial projection models while making a recommendation to senior management.
The incumbent is responsible for reviewing, analyzing, and/or evaluating the Company's credit risk management program that renders risk-based processing and reporting to reduce operating losses and maintain maximum protection of the organization's assets, products, and services. S/he will recommend opportunities and propose resolutions for improved efficiency, effectiveness, and/or risk reduction for the department.
Setting of appropriate internal credit risk ratings and regulatory risk ratings on assigned portfolio.
Partnering with all lines of defense to ensure we are meeting both internal and external expectations.
Join client due diligence discussions and form an opinion on a transaction.
Provides appropriate check and challenge to 1LOD on transactions, risk ratings, etc.
Ensures adherence to the policies and procedures established by the company.
Working on transactions alongside coverage teams, Leveraged Finance Front Office teams, and 1LOD as well as monitoring performance of an assigned portfolio.
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. - Required.
9+ years in Risk Management, Credit Risk or Internal Audit with a minimum of 5 years within a Leveraged Finance Risk role. - Required.
Advanced knowledge of the financial statement analysis, accounting, credit, modeling financial projections, discounted cash flow analysis, and regulatory risks within Financial Industry.
Demonstrated knowledge of credit policies and procedures, regulations and applicable law(s).
Demonstrated credit analysis skills for evaluating new transactions, formulating an opinion, and providing a recommendation as well as being able to monitor client performance.
Deep understanding of banking products including derivatives, treasury products, etc.
Demonstrated track record interacting with the regulators, external and internal audit. Excellent written and verbal communication.
Ability to interact with all levels of management, work independently and in a team environment.
Ability to multi-task while covering multiple transactions simultaneously.
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:
$101,250.00 USDMaximum:
$185,000.00 USDLink to Santander Benefits:
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