Santander

Financial Services

CommercialBankingCommunityDevelopmentFinanceRelationshipManager

$128–128k Boston, United States FULL TIME Remote Friendly
The Brief

“Commercial Banking Community Development Finance Relationship Manager at Santander. Skills: Community Development Finance, LIHTC, CRA, Sales, Relationship Management. Sales, service and retention of complex community development investment customers for the Company's Community Reinvestment Act (CRA) Program. Develop new business and manage portfolios and credit quality for an assigned portfolio of commercial customers”

What You'll Achieve.

Maximize profitability while minimizing risk; Ensure performance against CRA goals; Accomplish CRA objectives; Pass periodic compliance tests to enable ongoing operations, acquisitions and other activities to continue

Industry & Context.

Financial Services
Problems you'll solve

Ability to analyze and summarize large amounts of data, identify community needs through data Analysis, and develop written documents outlining actionable strategies to address community needs

Eligibility Requirements

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.

What They're Looking For.

Must Have

9+ years of direct CDF and LIHTC experience, In-depth knowledge of CRA and Fair Lending regulations required, including HMDA and ECOA, Excellent, sales, persuasion and negotiation skills required to represent the Company's interests and come to effective solutions in sometimes adversarial situations, Ability to influence others at an operational level regarding new concepts, practices and approaches, Demonstrated ability to manage public/private partnerships including excellent project management skills, and the ability to build relationships across public, private and not-for-profit sectors, Demonstrated knowledge of Community Reinvestment Act compliance and best practices, Extensive knowledge of community development best practices in affordable housing, economic development, and/or neighborhood revitalization, Ability to communicate the Bank’s CRA strategies, goals, current needs and risk/reward appetite for community development loans and investments to market leadership and business unit managers, Full understanding of the markets demographic, geographic, economic and political context as well as challenges the market faces under the CRA, Thorough knowledge of the CRA in order to advise the market on issues, Ability to analyze and summarize large amounts of data, identify community needs through data Analysis, and develop written documents outlining actionable strategies to address community needs, Ability to understand the environment to facilitate identification and tracking of “missed” opportunities as well as potential new opportunities for community engagement and development, Ability to represent the Bank in public and community forums, verbal and written communication skills and ability to communicate complex financial situations and ideas in a simple way, Ability to understand the market’s community development needs, changes thereto and the lending, investment and service opportunities for low-to-moderate income individuals and areas, and if the Bank offers the products and services to meet them

Nice to Have

Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education, Experience in Microsoft Office products

What You'll Do.

service and retention of complex community development investment customers for the Company's Community Reinvestment Act (CRA) Program

Develop new business and manage portfolios and credit quality for an assigned portfolio of commercial customers

Develop and manage complex accounts that meet the banks investment requirements and maximize profitability while minimizing risk

Act as a primary business relationship owner for new

complex community development investments

Lead the due diligence process on new investments including conducting due diligence and financial analysis

Represent Santander in civic and community functions to further enhance the organization’s brand and develop expanded business

Advise local management on strategies and action plans to fulfill their goal under CRA

Drive development and execution of CRA Strategy to ensure performance against CRA goals

Develop tactics within their market along with local market management to accomplish CRA objectives

Manage regulatory reviews to ensure that Company CRA activities are sufficient to pass periodic compliance tests

Develop and maintain solid relationships with community based organizations

State agencies and advocacy groups

recommend and refer complex community development loans and investments to the business lines

Prepare and communicate periodic self-assessments of the Company’s CRA performance

Ensure work is in compliance with applicable laws

regulations and guidelines

Lead reporting on the pipeline for potential community development investments

and internal and external auditors to ensure investments are originated and managed within policy and applicable laws and regulations

Monitor credit quality within assigned portfolios

in partnership with portfolio management

and take action as appropriate

structure and document new investments

Perform site visits to investment opportunities

Subject Matter Expert for qualifying loans

investments and services for CRA credit

How You'll Work.

Team & Collaboration

working in collaboration with credit professionals; working with credit, compliance, and internal and external auditors

Communication Scope

verbal and written communication skills; ability to communicate complex financial situations and ideas in a simple way

Process & Methodology

project management skills

Free ATS check

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