Job Description

The Sr. Environmental Analyst (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.

Primary Location:  Boston, MA, Boston

Other Locations:  Massachusetts-Boston

Organization:  Santander Holdings USA, Inc.

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