Syndication Underwriter

It Starts Here:

Santander is a global leader and innovator in the financial services industry and is evolving from a high-impact brand into a technology-driven organization. Our people are at the heart of this journey and together, we are driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what’s possible.  This is more than a strategic shift.  It’s a chance for driven professionals to grow, learn, and make a real difference.

If you are interested in exploring the possibilities We Want to Talk to You!

Syndication Underwriter – Auto Finance

Ideal Candidate Will Have:

• Previous experience underwriting syndicated relationships – Strongly preferred.
• Handles data input, verification of covenant compliance and borrowing bases, reporting, servicing.
• Familiarity with syndicated loan documentation.
• Ability to manage multiple transactions simultaneously in a deadline-driven environment.

The Difference You Make:

The Syndication Underwriter - Auto Finance (Senior Specialist) evaluates, structures, and underwrites large financing transactions for automotive dealerships and auto loan portfolios. This role assesses borrower creditworthiness, collateral, and overall risk to support sound lending decisions. The incumbent structures financing solutions, establishes loan terms, monitors portfolio performance, ensures compliance with underwriting standards, and collaborates with lending partners to syndicate credit facilities and effectively manage financial exposure. Through detailed financial analysis and risk assessment, this role helps deliver profitable, well-performing lending relationships while maintaining the organization's credit quality and risk objectives.

Key Responsibilities:

• Receive, review, underwrite, and process loan applications and supporting documentation.
• Analyze financial statements, tax returns, cash flow, assets, liabilities, collateral, and credit data to assess risk and repayment capacity.
• Evaluate dealership groups, commercial borrowers, and loan portfolios for creditworthiness.
• Structure financing transactions, including pricing, interest rates, loan terms, and covenants.
• Recommend lending decisions on secured and unsecured credit facilities.
• Conduct debt service, cash flow, collateral, and credit risk analysis.
• Ensure loans comply with internal underwriting policies and applicable regulatory requirements.
• Communicate with borrowers, relationship managers, and internal stakeholders to obtain and evaluate required information.
• Manage pending applications and workflow within the Loan Origination System (LOS).
• Review loan documents, covenant compliance, borrowing bases, servicing activities, and reporting requirements.
• Monitor borrower and portfolio performance and identify emerging credit risks.
• Coordinate with banks and lending partners to syndicate credit facilities and distribute risk exposure.
• Support relationships with clients, lenders, and internal business partners.

What You Bring:

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 in Finance, Accounting, Business, Economics, or a related field, or equivalent combination of education and experience.

Experience:

• 5+ years of experience in financial analysis, credit underwriting, loan structuring, and portfolio management.
• Previous experience underwriting syndicated lending relationships strongly preferred.
• Experience in commercial lending, corporate banking, or auto finance preferred.

Qualifications:

• Strong knowledge of underwriting principles, financial statement analysis, risk assessment, and credit evaluation.
• Ability to analyze complex financial information and draw sound credit conclusions.
• Strong communication, relationship management, and presentation skills.
• Detail-oriented with strong analytical and problem-solving abilities.
• Self-motivated, organized, and able to manage multiple priorities effectively.
• Proficiency with financial calculations, including profitability, ratios, debt-service coverage, and cash flow analysis.

It Would Be Nice For You To Have:

• Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.

What Else You Need To Know:

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:

Minimum:

Maximum:

Risk Culture:

We embrace a strong risk culture and all of our professionals at all levels are expected to take a proactive and responsible approach toward risk management.

EEO Statement:

At Santander, we value and respect differences in our workforce. 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 is required for this role. Depending on location, occasional moving and lifting light equipment and/or furniture may be required.

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 your employment at any time for any reason.

What To Do Next:

Review the internal eligibility guidelines here. If this sounds like a role you are interested in, then please apply.

We are committed to providing an inclusive and accessible application process for all candidates. If you require any assistance or accommodation due to a disability or any other reason, please contact us at TAOps@santander.us to discuss your needs.