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Santander US

Multifamily Commercial Real Estate Associate Portfolio Manager

Albany, NY

Commercial Real Estate Associate Portfolio Manager

New York, United States of America

Reviews, analyzes and evaluates risks in order to renew existing business or support existing 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.

Analyzes quality and quantity of risks underwritten and prepares reports accordingly. May review books of business as well as profit/growth results and trends to recommend and implement action plans.

Essential Functions/Responsibilities:
Handles day-to-day management of model portfolios, which includes portfolio construction, analyzing model characteristics, and resolving associated issues.

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Develops, monitors and communicates performance, risk, positioning, and rebalance metrics to ensure alignment with the Portfolio Managers investment thesis and process.
Performs investment analysis projects in conjunction with the Portfolio Managers and research staff to continuously refine and improve the investment methodology and associated policies.
Monitors re-allocations and operational processes by working closely with portfolio services, data strategy & management, product development, and distribution.
Develops hypothetical portfolios and ad-hoc analysis.
Runs periodic and ad hoc updates to portfolio construction and attribution models, analyzing sensitivities and risks to key assumptions, and presenting this information to the team.
Monitors portfolio positioning relative to market developments and building tools needed to do so systematically and efficiently.
Contributes to portfolio management discussions as and when needed, including providing clear analysis and presentation of relevant information both in writing and orally.

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 Finance, Business, Economics, Accounting or other equivalent field.

Work Experience:
Experience with credit structuring, underwriting and cross selling.

Skills and Abilities:
Organized and self-sufficient.
Strong quantitative reasoning and writing skills.
Knowledge of underwriting and experience with all underwriting procedures.
Ability to effectively present information and respond to questions from groups or managers, members, and general public.
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.

This is a hybrid position.
English

Primary Location: Albany, NY, Albany

Other Locations: New York-New York,New York-Albany

Organization: Santander Bank N.A.

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

Client-provided location(s): Albany, NY, USA
Job ID: Santander_Bank-Req1303215
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • HSA With Employer Contribution
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA
    • HSA
    • Pet Insurance
    • Mental Health Benefits
  • Parental Benefits

    • Non-Birth Parent or Paternity Leave
    • Birth Parent or Maternity Leave
    • Adoption Leave
    • Fertility Benefits
    • Adoption Assistance Program
    • Family Support Resources
  • Work Flexibility

    • Work-From-Home Stipend
    • Four-Day Work Week
  • Office Life and Perks

    • Commuter Benefits Program
    • Company Outings
    • Holiday Events
  • Vacation and Time Off

    • Personal/Sick Days
    • Volunteer Time Off
    • Paid Vacation
    • Paid Holidays
    • Leave of Absence
  • Financial and Retirement

    • 401(K)
    • 401(K) With Company Matching
    • Performance Bonus
    • Financial Counseling
  • Professional Development

    • Internship Program
    • Work Visa Sponsorship
    • Leadership Training Program
    • Associate or Rotational Training Program
    • Tuition Reimbursement
    • Promote From Within
    • Mentor Program
    • Shadowing Opportunities
    • Access to Online Courses
    • Lunch and Learns