Commercial Real Estate Underwriter - Associate / Sr Associate
Not Disclosed•Full-TimeOn-site
location_onPlanifyr
About Santander
Santander is a global leader and innovator in the financial services industry, evolving from a high-impact brand into a technology-driven organization. Our people are at the heart of this journey, driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what's possible. This strategic shift offers driven professionals the chance to grow, learn, and make a real difference.
About the Role
As an Associate or Senior Associate Commercial Real Estate Underwriter, you will support underwriting and end-to-end deal management for Commercial Real Estate transactions across CMBS, direct lending, and warehouse finance. You will partner primarily with internal stakeholders, assisting senior leaders with underwriting analysis, execution materials, and coordination across workstreams. This role is designed for those who thrive in a deadline-driven environment and are eager to synthesize complex information into clear underwriting conclusions.
Risk Culture
We embrace a strong risk culture, and all professionals at all levels are expected to take a proactive and responsible approach toward risk management.
What Else You Need to Know
Your contribution matters and is recognized. We offer a fair and competitive rewards package that reflects the impact you create and the value you deliver. Our benefits are designed to support you, your family, and your well-being, now and into the future.
Hiring Process
If this sounds like a role you are interested in, 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.
Equal Opportunity
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.
Work location
Work model: On-site
Planifyr
Key Responsibilities
- check_circleUnderwrite CRE transactions across CMBS, direct lending, and warehouse finance
- check_circlePrepare underwriting deliverables and internal approval materials documenting risks
- check_circleReview and synthesize diligence materials including financial statements and rent rolls
- check_circlePartner with internal stakeholders to align on timelines and transaction requirements
- check_circleAssist senior leaders with transaction analysis and presentation materials
- check_circleCoordinate deal management activities from initial screening through execution
- check_circleAnalyze sponsor, borrower, and collateral details for commercial real estate deals
Requirements
- verifiedBachelor's degree in Finance, Real Estate, Business, Economics, or related field
- verifiedReal estate underwriting experience
- verifiedFamiliarity with CMBS and CRE financing structures
- verifiedFINRA Certificates
Nice to Have
Bachelor's degree in Finance, Real Estate, Business, Economics, or a related field.
Benefits & Perks
check_circleBenefits designed to support you, your family and your well-being, now and into the future
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Skills, education and keywords
Skills: CMBS, Direct Lending, Warehouse Finance, Real Estate Underwriting, Finra Certificates.
Education: Bachelor's degree required in Finance, Real Estate, Business, Economics, or related field.
Frequently asked questions about Commercial Real Estate Underwriter - Associate / Sr Associate at Santander
What does a Commercial Real Estate Underwriter - Associate / Sr Associate at Santander do?expand_more
Day-to-day, the Commercial Real Estate Underwriter - Associate / Sr Associate at Santander will underwrite cre transactions across cmbs, direct lending, and warehouse finance; prepare underwriting deliverables and internal approval materials documenting risks; review and synthesize diligence materials including financial statements and rent rolls; and partner with internal stakeholders to align on timelines and transaction requirements.
What are the requirements for this Commercial Real Estate Underwriter - Associate / Sr Associate role?expand_more
To qualify for the Commercial Real Estate Underwriter - Associate / Sr Associate at Santander position, applicants should have: Bachelor's degree in Finance, Real Estate, Business, Economics, or related field; Real estate underwriting experience; Familiarity with CMBS and CRE financing structures; and FINRA Certificates.
Where is the Commercial Real Estate Underwriter - Associate / Sr Associate role at Santander located?expand_more
Commercial Real Estate Underwriter - Associate / Sr Associate at Santander is based in Planifyr. This is a on-site role.
Is this Commercial Real Estate Underwriter - Associate / Sr Associate job remote, hybrid, or on-site?expand_more
Santander has listed this Commercial Real Estate Underwriter - Associate / Sr Associate role as on-site.
How much experience is required for this Commercial Real Estate Underwriter - Associate / Sr Associate role?expand_more
Candidates for Commercial Real Estate Underwriter - Associate / Sr Associate at Santander should have mid level.
What skills do you need for the Commercial Real Estate Underwriter - Associate / Sr Associate role at Santander?expand_more
Key skills for Commercial Real Estate Underwriter - Associate / Sr Associate at Santander include CMBS; Direct Lending; Warehouse Finance; Real Estate Underwriting; and Finra Certificates.
What education is required for Commercial Real Estate Underwriter - Associate / Sr Associate at Santander?expand_more
Educational requirements for this role: Bachelor's degree required in Finance, Real Estate, Business, Economics, or related field.
What category does the Commercial Real Estate Underwriter - Associate / Sr Associate role belong to?expand_more
Commercial Real Estate Underwriter - Associate / Sr Associate at Santander is part of the accounting & finance job category on Recrutus.
About Santander
Banco Santander, headquartered in Boadilla del Monte, Madrid, is a major commercial bank operating within the global banking industry. Established in 1857, the institution stands as one of the world's largest banks by market capitalization. Its operations are organized into five distinct global business segments: Retail & Commercial Banking, Digital Consumer Bank, Corporate & Investment Banking, Wealth Management & Insurance, and Payments. This structure enables the bank to combine extensive international reach with localized expertise to serve a diverse range of clients, including individuals, small and medium-sized enterprises, large corporations, financial institutions, and government bodies.
The organization functions as an open financial services platform designed to help people and businesses prosper through simple, personal, and fair interactions. Beyond its core financial services, Santander has committed to building a more responsible institution. A key component of this strategy involves a pledge to raise €220 billion in green financing between 2019 and 2030. As of the first quarter of 2024, the group reported total funds of €1.3 trillion, serving 166 million customers. The bank maintains a significant physical and human presence, operating 8,400 branches and employing 211,000 people worldwide.
Browse more roles: All Santander jobs, accounting & finance jobs on Recrutus.