Commercial Real Estate Environmental Risk Associate

Dallas, Texas
Santander Holdings USA Inc
Commercial Real Estate Environmental Risk Associate

Boston, United States of America

The Environmental Risk Associate (Portfolio Management Oversight) reviews, analyzes and evaluates environmentally-focused and risk-based processes and reports needed to address potential environmental risks and liabilities associated with real estate lending transactions. This is done to reduce environmentally-related operating losses and maintain maximum protection of the organization’s assets and services. S/he will support the second line of defense in identifying environmental concerns and proposing recommendations to minimize risk associated with real estate.

• Reviews ASTM Phase I Environmental Site Assessments (ESAs), environmental questionnaires, regulatory databases, and other environmental due diligence reports in order to identify environmental risks and liabilities and associated adverse financial impacts on collateral value.
• Maintains current working knowledge of emerging federal, state, and municipal environmental issues and their impact on potential environmental liabilities associated with loan transactions.
• Prepares appropriate environmental review memorandum summarizing liabilities and recommending follow-up evaluations
• Assist with policy/procedure development in an effort to limit Bank environmental liabilities associated with real estate collateralized and other loan transactions.
• Manages projects to ensure timely completion of review memoranda.
• Assists in development and management of the bank’s environmental consultant vendor listing.
• Adjusts risk management policies, systems, and processes to solve problems or improve effectiveness within the department.
• Evaluates the strengths and weaknesses of existing controls and provides recommendations on opportunities for improvement.
• Informs employees on environmental risk policies and guidelines to build a risk aware culture and practice across the organization.
• Interprets and applies procedures, ensures analysis is documented and that records are maintained.
• Operates as a point of contact for the department by responding to internal inquiries regarding environmental policies, procedures, regulatory requirements, and project status updates.
• Provides procedural guidance and support to junior analysts in the various functions of the department, and in the methods of tools of analysis
• Researches a wide variety of topics and issues including emerging environmental risks and trends and risk management best practices; summarizes and communicates findings with team.
• Reviews identified risks and liabilities; informs and recommends resolutions with business lines to mitigate risk potential
• Shares insight to causes of risk indicators and proposes recommendations to resolve or mitigate identified risks with team.
• Performs other duties and responsibilities as assigned.

Qualifications:

• Bachelor’s Degree in Science or Engineering Field or equivalent field, or equivalent work experience
• 5-7 years related environmental work experience, ASTM Phase I ESA experience preferred
• Ability to analyze environmental risk and provide recommendations and/or resolutions to minimize risk
• Ability to build and foster internal relationships
• Ability to change direction as project demand dictates.
• Ability to effectively and clearly communicate instructions to others, summarize and articulate issues, and document findings in a clear and concise manner.
• Ability to interpret, analyze and apply data/information.
• Ability to organize and prioritize multiple tasks to meet deadlines.
• Ability to stay abreast of industry best practices, procedures, and techniques.
• Ability to summarize, document, and communicate information in a clear and concise manner.
• Ability to work independently as well as collaboratively within a team environment.
• Demonstrate practical and theoretical knowledge of risk principles, concepts and policies.
• Strong MS Office (Excel, Access, PowerPoint, Word, and Outlook) skills.
• Strong organizational and time management skills.
• Strong problem solving and critical thinking skills
• Strong quantitative capabilities and analytical skills, including an investigative mindset
• Strong verbal and written communication skills.
• Minimal physical effort such as sitting, standing, and walking.
• Communicates in a timely and straightforward manner
• Probes for additional information, clarifies assumptions and confirms agreed-upon actions
• Keeps everyone involved informed about progress and issues,
• Communicates the importance and benefits of risk management to counterparts
• Displays natural skepticism and curiosity to question the status quo and uncover issues
• Adheres to a good root cause analysis process
• Creates a good working environment in the team; works towards shared goals contributing ideas and accepting change
• Provides assistance and coaches less experienced team members
• Executes risk management process and procedures without management direction, and demonstrates awareness of expected results
• Knows the relationship and impact of actions and results
• Has an understanding of regulations impacting area supported
• Follows through to meet commitments to others
• Takes responsibility for achieving strong results, despite balancing multiple complex demands
• Knows who to reach out to inside and outside of ones team to get work done
• Takes action to enhance working relationships needed to achieve seamless workflow
• Stays current with industry and regulatory trends and emerging risk issues
• Has good understanding of current market and competitive landscape that the organization operates within
• Uses information and data effectively to support a position and present a rational case

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.

For NYC Job Applicants: The base annual salary range for this position is $109,250 – $135,125. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.

Bachelor of Science (BS) English

Primary Location: Boston, MA, Boston

Other Locations: Massachusetts-Boston,Florida-Miami,Texas-Dallas,New York-New York,Pennsylvania-Conshohocken

Organization: Santander Bank N.A.