Santander Bank, NA Credit Officer - Commercial Middle Market in Boston, Massachusetts

Credit Officer - Commercial Middle Market - 1803358



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.


Responsible for evaluating and making decisions on renewals, modifications and new deals ensuring quality and soundness for credit transactions. Manages approval and commitment process (e.g. Committees) ensuring compliance with Credit Policy and accuracy of documents and supporting exhibits. Works with Regional Managers and clients negotiating and communicating final deal structure and terms. Continuously monitors and proactively manages risk/exposure and compliance with Credit Policy for assigned portfolio. Frequently visits clients and reviews client performance and financials. Also provides guidance and mentoring to Credit Analysts. Responsible for evaluating financial performance of borrower and based on a variety of factors determining an appropriate risk rating. Responsible for making decisions or recommendations on renewals, modifications, etc. Works with Relationship Manager and clients.

Duties & Responsibilities

  • Visits and interacts in person and via phone/email with existing customers and potential customers on credit or risk related matters

  • May identify cross sell opportunities

  • Authenticates all post loan closing activities, including conditions precedent to closing, are accurate and complete

  • Communicates final deal structure, pricing, terms and conditions to client and Sales team maintaining integrity of formal Committee Approvals

  • Identifies early client risk/exposure, early detection of volatile industries and markets for assigned portfolio within designated region

  • Manages approval process ensuring accuracy of approval documents memorandum (SAM), supplemental exhibits and underwriting is compliant with current Credit Policy standards and practices

  • Authorizes decisions in areas of credit transactions, risk ratings and extensions of credit with limits of individual authority and makes recommendations on others on Credit Policy

  • Negotiates terms and conditions of Credit Relationship Manager

  • Responsible for formal credit review processes

  • Responsible for the quality, integrity and soundness of all financial analysis, underwriting and credit approval processes for an assigned portfolio

  • Evaluates structures, risk rates and underwrites companies with risk exposure or potential risk exposure to the bank

  • Ensures appropriate compliance with all band requirements and loan covenants

  • Proactively manages credit risk and exposure for an assigned portfolio

At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams. We actively encourage everyone to apply.



  • Bachelor's Degree or equivalent experience

  • 7+ years of experience as a Senior Credit, Loan or Workout position, or 3+ years in a Credit or Loan Workout Officer position

  • Ability to interact with all levels of management, work within a team environment and work independently

  • Ability to work with large databases and datasets for extraction and conversion into useful business information

  • Excellent technical and analytical skills

  • Excellent written/verbal communication and interpersonal skills

  • Knowledge of Microsoft Office, particularly Excel

  • Strong negotiation and presentation skills

  • Strong organizational and administrative skills

  • Ability to multi-task

  • Thorough knowledge of financial statements, accounting principles, Credit Policy, applicable laws and industry data sources.

Job : Commercial Risk Support
Primary Location : Massachusetts-Boston
Schedule : Full-time
Job Posting : May 30, 2018, 2:45:51 AM