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Specialist, Commercial & Wholesale Operations
Specialist, Commercial & Wholesale Operations-September 2024
Reading
Sep 20, 2024
ABOUT SANTANDER US
Santander US is a diversified financial business with a retail and commercial banking presence in the U.S. northeast, international investment banking capabilities through our New York and Miami offic
10,000+ employees
Financial Services
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About Specialist, Commercial & Wholesale Operations

  Specialist, Commercial & Wholesale Operations

  Reading, United States of America

  The primary function of the Specialist, Commercial & Wholesale Operations is selected activities in the loan/letter of credit booking, funding, payments and maintenance process for the defined lines of business, or executing specific related controls, utilizing the systems and processes defined by management.

  Job Description:

  Responsible for the day-to-day operations of the company's business units. Aims to deliver superior service to clients by driving and optimizing the effectiveness and efficiency of people, processes and technology thereby enhancing financial performance, increasing investment capacity, and managing risk. Builds the sustainable repeatable capabilities that support delivery of the highest standards of service and execution. Analyzes and reviews data tools, business processes and operational standards to execute service delivery. Evaluates and ensures that operations meet company objectives, business needs, service agreements and relevant requirements. Researches and monitors external landscape to identify developments and translate them into operational implications for the company.

  Essential Functions/Responsibilities:

  Processes specific transactions involving booking and servicing syndicated commercial loans.

  Executes commercial loan requests received from business areas supported by the department.

  Performs dollar transactions, collateral setup and maintenance, and quality review.

  Executes transactions required by reports and incoming maintenance requests.

  Files documentation accurately.

  Identifies and resolves problems within established guidelines.

  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 in Business or equivalent degree.

  Work Experience:

  Working knowledge in Company's documentation and banking operations. 3-5 years of professional experience

  Skills and Abilities:

  Experience with Commercial Loan Syndication Servicing, ideally from a financial services company.

  Solid communication, good organizational skills, and attention to details.

  Solid knowledge/skills of Microsoft Office Suite and various bank systems.

  Ability to adapt quickly and be a team player.

  Working knowledge in Commercial Banking.

  Ability to meet deadlines.

  Strong knowledge of the Syndicated and Commercial Loan products and markets.

  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.

  This is a hybrid position; 2-3 days per week in office

  English

  Primary Location: Reading, POST-BER, Reading

  Other Locations: Pennsylvania-Reading,Rhode Island-Providence,Massachusetts-Boston

  Organization: Santander Bank N.A.

  AN EQUAL OPPORTUNITY EMPLOYER M/F/Vet/Disabled/SO

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