POSITION SUMMARY

Santander Commercial Credit Training Program (SCCTP) Trainee position is a 12-month comprehensive credit training program where graduates are placed in the Commercial or Global Corporate Banking businesses.SCCTP includes (7) weeks of formal classroom credit training followed by (10) months of continuous education and bank product and service training.Graduation from the Program will take place (12) months from the start of formal credit training and will require the SCCTP Trainee to pass all requirements including: requisite examinations, individual and group assessments during the classroom training, and all Continuous Education training.Santander’s Commercial Credit Training Program will provide rigorous, comprehensive, and strong foundational credit analysis skills required for a successful career in commercial and investment banking.

In addition to the core foundational credit analysis skills, the SCCTP will provide a thorough understanding of the Bank's global reach and capabilities, U.S. and Global Bank businesses and strategy, opportunities to interact with Executive Management, networking, and professional mentoring.

JOB PLACEMENT

Following the successful completion of the (7) weeks of classroom credit training and assessments, Credit Associates will be placed in the Commercial Bank or Global Corporate Bank with continuous education and programs until graduation in June 2019.

Upon graduation of the SCCTP Program, all Credit Associates will be placed into various roles supporting the Commercial Bank or Global Corporate Bank. Placements will be determined based upon business need.

COMMERCIAL BANKING

Santander’s Commercial Banking Division is an active provider of Capital, Treasury Management, and Risk Management solutions to thousands of middle market and mid-corporate companies across the U.S.In addition, Santander’s significant international presence in regions around the world uniquely positions the Bank to help companies grow their business, both near and far.Commercial Banking has product and industry sector expertise in the following: Commercial Real Estate, Asset Based lending, Cash Flow lending, Leveraged Finance, Equipment Leasing, Automotive Dealer lending, Healthcare, Energy, Education, and Government Banking.

GLOBAL CORPORATE BANKING

Santander’s US Global Corporate Banking (GCB) division is a global business unit that provides tailored services and high value-added wholesale products to client companies with a global presence and over $2bn in annual revenue.The core GCB US businesses include Corporate & Investment Banking, Global Transactional Banking, Global Debt Financing, Markets and Private Debt Mobilization.GCB also has a first line of defense team which includes Credit Management, Data Management, Operations, Risk and Compliance.

JOB REQUIREMENTS & RESPONSIBILITIES

We are looking for leaders with strong analytical, communication, and teamwork skills ready to play an important role in helping deliver solutions for our clients. Associates hired into the program will participate in a one year Santander Credit Training Program. Joining the Santander Commercial Banking Team provides a distinct competitive advantage day one with a focus on building a best-in-class foundation in credit analysis, working in an engaging and high performance culture, with the goal of building lasting loyalty with our clients. Credit Associates will have the following responsibilities:

• Complete the Commercial Credit Training Program (SCCTP)
• Perform credit analysis and underwriting on all new deals, renewals, maturities and modifications and verifies compliance with credit policy
• Conduct industry and market analysis to identify issues; conducts third party verification via background, credit and due diligence
• Assist in the preparation of valuation and capital structure analysis in conjunction with credit approvals for new and existing clients
• Assist with legal closing process, preparing, reviewing, and validating documentation, ensuring compliance and conditions are met
• Communicate with all deal team members including: origination, underwriting, credit risk management, monitoring, and loan closing
• Monitor and assess client financials, collateral, loan covenants and risk ratings on a periodic basis
• Assess and formally review client Risk through periodic Portfolio Reviews, Internal Audits, External Audits, and ad-hoc reviews
• Continuously monitor client financials/information to ensure performance to financial plan and compliance with credit agreement
• Prepare credit approval document and assist deal team in deal screen and approval meetings
• Prepare customer risk rating and financial statement analysis
• Communicate with client and Credit Officer regarding covenant exceptions

QUALIFICATIONS

• Education: MBA with a focus in Accounting, Finance, Economics or related; minimum 3.25 cumulative GPA preferred
• Experience: Demonstrated work ethic and proficiency in both academics, internships, extracurricular activities, relevant leadership positions, and relevant prior work experience
• Demonstrated track record in the following qualities: intellectual curiosity, commitment to excellence, burning drive to success, perseverance, resiliency, and management by fact

SPECIALIZED KNOWLEDGE

• Effective verbal/written communication and interpersonal skills
• Proficiency in Microsoft Word, Excel, PowerPoint
• Strong organizational and administrative skills; ability to multi-task
• Strong attention to detail and work ethic
• Ability to work well in teams
• Able to ask pointed questions, exhibit high standards and pay close attention to detail; open to challenges and new learning experiences; possess a positive attitude

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.

We're Santander. As part of one of the largest global banks, Santander Bank offers a world of opportunity. With over 8,000 team members in the U.S., we're recruiting people like you who want to be challenged and strive for something better. At Santander, you'll be rewarded with competitive compensation and market leading benefits. You'll have access to comprehensive career development programs that empower you to grow and advance. You'll discover a company where you can shape a bright future.