Santander Bank, NA Credit Officer III in Villanova, Pennsylvania

Credit Officer III - 1804211



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.


  • 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 and Credit Officers

  • 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

  • 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

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

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

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

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

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

  • Negotiates terms and conditions of Credit with Relationship Managers

  • Proactively manages credit risk and exposure for an assigned portfolio; initiates credit modifications and risk upgrading/downgrading, modifying terms and frequency of covenants, financial reporting, collateral security, audit schedule

  • Responsible for formal credit review processes such as Monitoring as well as Credit File reviews, Audits, Compliance Reviews etc and on an on-going basis reviews for accuracy and completeness all formal loan documentation, comments and updates

  • 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



  • Hands on credit analysis experience - preferably in the middle market commercial industry

  • Bachelor's Degree in Business, Accounting, Finance, Economics or equivalent experience.

  • 7+ years of experience as a Credit Officer, Loan Workout /Review Officer, or other related 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

  • Expert 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.

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

Job : Commercial Risk Support
Primary Location : Pennsylvania-Villanova
Other Locations : Pennsylvania-Philadelphia, Pennsylvania-Villanova, New Jersey-Howell
Organization : Consumer & Business Banking (1001)
Schedule : Full-time
Job Posting : Jul 17, 2018, 5:23:08 PM