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Sr. Environmental Analyst - Boston Massachusetts

Company: Santander Holdings USA Inc
Location: Boston, Massachusetts
Posted On: 01/28/2025

Sr. Environmental AnalystBoston, United States of AmericaThe 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.Salary: $58,125 - $102,500/year More...

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