Posted:
6/8/2024, 5:00:00 PM
Location(s):
New York, New York, United States ⋅ New York, United States
Experience Level(s):
Mid Level ⋅ Senior
Field(s):
Finance & Banking
Workplace Type:
On-site
The individual is responsible for risk analysis and independent oversight of credit quality of CLO Warehouse Lending and Securitization portfolio. S/he is responsible for all aspects of CLO Warehousing / Securitization credit quality including internal and regulatory compliance. Key focus will be on:
The individual partners with the Front Office and Underwriting team. The role is responsible for establishing and maintaining the internal controls that effectively manage the risk related to the CLO Warehouse Lending and Securitization business. The individual will provide review and challenge of all new CLO Warehousing Lending and Securitization Business. The individual will have individual credit authority. The individual will also be involved in special project to support and improve efficiency, and effectiveness of the unit.
Key skills required are as follows:
The candidate should be considered a Subject Matter Expert in CLO Warehouse Lending, with a strong understanding of Leverage Finance market and Securitization. The role will report to the Head of Securitization Credit Risk and will sit within Structured Finance Credit Risk Team. The role will provide exposure to Fund Finance, CLO Warehousing, Securitization, and Commercial Real Estate activities within the Structured Finance segment.
Job Function Description:
Essential Functions / Responsibility Statements:
Qualifications:
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.
Work Experience:
5-7 years; Risk Management, Credit Risk, CLO Warehouse Financing and CLO financings, Leverage Finance, Underwriting, or Internal Audit experience.
Skills and Abilities:
Diversity & EEO Statements: 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.
Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status or any other characteristic protected by law.
Working Conditions: Frequent Minimal physical effort such as sitting, standing and walking. Occasional moving and lifting equipment and furniture is required to support onsite and offsite meeting setup and teardown. Physically capable of lifting up to fifty pounds, able to bend, kneel, climb ladders.
Employer Rights: Employer Rights: This job description does not list all of the job duties of the job. You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. This job description is not a contract for employment and either you or the employer may terminate at any time for any reason.
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.
Minimum:
Maximum:
Website: https://www.santanderbank.com/
Headquarter Location: Boston, Massachusetts, United States
Employee Count: 5001-10000
Year Founded: 2013
IPO Status: Private
Last Funding Type: Debt Financing
Industries: Banking ⋅ Finance ⋅ Financial Services