other
Posted May 18Director Portfolio Management MMB
at Webster Bank
Hybrid
Responsibilities
- Ensure borrower is assigned an appropriate risk rating Present internal portfolio review memos to senior credit executives at periodic meetings Execute all amendments/waivers for existing borrowers Maintain ticklers, covenants, and borrower credit files Maintain customer information and data integrity on bank systems Ensure compliance with all regulations, policies, and procedures Other Generate new ideas and recommendations for continuous process improvement Represent Webster Bank as a brand ambassador at
Requirements
- Responsibilities Underwriting Lead underwriting due diligence and partner with relationship managers and junior deal team members to produce deal screen and underwriting documents Interface with clients and other stakeholders to facilitate underwriting process Detail debt financings and company financials utilizing Excel and Webster’s credit management platform, Sageworks Perform sensitivity analysis and modeling of projected cash flows Draft approval document narrative, thoroughly identify all risks and
- experience in Accounting/Finance/Banking-related position is preferred Excellent analytic skills and attention to detail Strong written and verbal communication skills Strong competency in Microsoft Office suite – including Excel and PowerPoint;
Benefits
- experience with financial modeling is required Good interpersonal skills with the ability to interface with relationship managers, portfolio managers, credit officers, clients, and senior management The ability to answer unstructured business questions and work independently to drive tasks to completion Locations: Connecticut: New Haven, Stamford, Hartford; Hybrid schedule The estimated salary range for this position is $140,000.00 to $175,000.00.
- Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location.
- In addition, this position is eligible for incentive compensation. #LI- SJ1 Webster Financial Corporation and its subsidiaries (“Webster”) are equal opportunity employers that are committed to sustaining an inclusive environment.
Additional details
- If you’re looking for a meaningful career, you’ll find it here at Webster.
- Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals.
- As a leading commercial bank, we remain passionate about serving our clients and supporting our communities.
- Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster’s values, these set us apart as a bank and as an employer.
- Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work! At Webster Bank, our financial intermediation activities are organized broadly around three distinct lines of business: the Consumer Bank, the Commercial Bank, and HSA Bank.
- This position will be aligned with the Commercial Bank.
- Commercial Banking delivers solutions to a wide range of companies, investors, government entities, and other public and private institutions.
- We help our clients achieve their business and financial goals through our deep expertise in Commercial & Institutional Lending, Commercial Real Estate, Capital Markets, Capital Finance and Treasury Management.
- Our Wealth Management team pairs holistic wealth solutions, including tailored lending, with commercial banking services, helping our clients achieve their financial goals.
- The Director, Portfolio Management role will work within the Commercial Banking Middle Market division and will partner with portfolio and relationship managers to support (i) underwriting new commercial loans for private and publicly owned businesses and (ii) the ongoing portfolio management of existing lending relationships.