Santander Bank, NA Credit Risk Underwriter I in Dorchester, Massachusetts

Credit Risk Underwriter I - 1802873



As a member of Santander’s retail banking division you’ll help serve Santander’s retail and small business customers as part of one of the top banks in the United States based on deposits. With principal presence in the northeast U.S., Santander’s retail division offers consumer and lending products to help our customers reach their financial goals. Santander currently serves nearly 2 million retail customers and 5.2% of the 2.7 million small businesses in the US footprint have a transactional account with Santander Bank.


Responsible for providing support to Lending team in administration of the portfolio. Provides documentation review, customer service, database integrity and accounting functions that enable Santander to avert losses and mitigate undue risk. Provides validation for loan applications that have either passed through the automatic decision logic and/or require a validation check before the underwriter reviews the loan application.

  • Declines loan requests as incomplete for missing supporting documentation

  • Analyzes loan requests

  • Approves or denies decision based on credit policy

  • Becomes familiar with all applicable credit policies and procedures

  • Analyzes loan requests that are in the Auto Decline/Auto Approval range

  • Approves or denies the auto decision based on credit policy. Declines loan requests as incomplete for missing supporting documentation

  • Validates and research loan applications

  • Documents findings into the loan origination system and clears the application for a credit decision

  • Processes credit requests through underwriting system

  • Performs front-end validation duties including credit application screening AFS research, Fiserv research, CMSI and corporate data base searches

  • Processes loans and provides customer service in support of daily operations

  • Training will be provided to gain Level 1 lending authority



  • At least 2 years

  • Working knowledge of loan underwriting systems

Job : Std UW & Risk Analysis
Primary Location : Massachusetts-Dorchester
Schedule : Full-time
Job Posting : May 9, 2018, 3:14:25 PM