Associate, Commercial Loan Servicing
Country: United States of America
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 Associate, Commercial Loan Servicing is responsible for supporting all Back Office related activities covering all aspects of their aligned product/business area to ensure the efficient delivery of all products and services (i.e. interpreting credit agreements related to various loan/fee accruals, calculations as well as ongoing/ad-hoc reconciliation and remediation, for commercial loan/letter of credit products, which include new loans, modifications and extensions.) to the Bank’s clients while developing and maintaining direct contact and good working relationships with existing clients and internal stakeholders.
Accurately input loan data, terms, and conditions into the bank’s loan booking systems based on approved documentation.
Review loan documents (e.g., credit agreements, promissory notes) for completeness and accuracy prior to booking.
On boarding of new commercial loans, renewals and modifications, ensuring all required fields are populated correctly.
Verify the integrity of data entered, cross-referencing with source document
Support the team in researching and resolving discrepancies or data entry issues.
Learn and apply internal policies, procedures, and basic regulatory guidelines related to commercial loan servicing
Collaborate with managers to understand and improve booking/servicing workflows.
Assist with departmental administrative functions and special projects as needed.
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: in related field or equivalent demonstrated through a combination of work experience, training, military service, or education - Required
Qualifications:
5+ Years Experience with commercial loan operations. - Required.
Excellent communication, good organizational skills, and attention to detail.
Solid knowledge/skills of Microsoft Office Suite and various bank systems.
Ability to adapt quickly and be a team player.
Working knowledge in Commercial Banking.
Ability to meet deadlines.
Strong knowledge of the Syndicated and Commercial Loan products and markets.
Ability to review and interpret legal documentation supporting these products.
In depth knowledge of market initiatives to streamline and automate Middle Office support functions.
Knowledge of industry standards and best practices for Syndicated and Commercial loans
Knowledge of Banking Regulations and Standard Practices.
Expertise in continuously reviewing workflow and the ability to functionalize ideas for organizational change. Also, ensure all departmental structural and procedural changes are implemented where necessary.
Ability to clearly convey complex concepts and issues in a concise way.
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.
Work Authorization & Sponsorship:
Applicants must be legally authorized to work in the United States on a full-time basis without requiring employer sponsorship…