Underwriter - Dealer Commercial Services

USA Job Family Description: Reviews, analyzes and evaluates risks in order to renew existing business or generate new accounts. Determines appropriate terms and conditions for coverages and rates for program profitability. Contributes to the profitable growth of specific program(s) by maintaining pricing integrity, product excellence, and the development of meaningful performance metrics and controls.

Underwrites risk (i.e., selection/rejection of new and renewal business). Analyzes quality and quantity of risks underwritten and prepares reports accordingly. Administers and monitors underwriting rules and guidelines, rating manual rules, laws and regulations. May review books of business as well as profit/growth results and trends to recommend and implement action plans.

Essential Functions/Responsibility Statements:
Receives and reviews incoming loan application requests and supporting documentation delivered through managed electronic lending portals, queues or other avenues of receipt.
Underwrites and processes loans depending on department need to meet stated service levels.
Utilizes department policies & guidelines, in addition to cognitive thinking, to build profitable, performing secured and unsecured loans.
Conducts credit analysis on each loan applications including review of tax returns (personal and business), cash flow analysis, debt-ratio calculations, credit-scoring and collateral valuations.
Communicates with internal and external parties to ensure all appropriate information has been received from borrowers to best evaluate loan requests and ability to repay as stated.
Manages pending applications within Loan Origination System (LOS) queues as directed.
Reviews applications and credit.
Analyzes collateral, credit and loan risk.
Reviews loan documents.
Handles data input, reporting, servicing.

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.

Education:
Bachelor's Degree or equivalent work experience: Finance, Accounting, Management, Economics or equivalent field. Req

Work Experience:
5+ Years Financial analysis, structuring, underwriting and portfolio management. Req

Skills and Abilities:
Organized and self sufficient
Knowledge of underwriting and experience with all underwriting procedures
Excellent member service skills
Detail oriented, common sense decision-making; above average oral, written and communications skills
Ability to define problems, collect data, establish facts, and draw valid conclusions
Ability to work with mathematical concepts, such as profitability and statistical inference
Ability to apply concepts, such as fractions, percentages, ratios and proportions, to practical situations
Capacity to complete the project on time

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: 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.

Base Pay Range

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