finance
Posted Apr 15Senior Portfolio Manager, Lender Finance
at Webster Bank
On-site
Responsibilities
- Review monthly and quarterly BB’s and compliance certificates to ensure accuracy and completion.
- Maintain borrower credit files and credit administration on Bank’s platform.
- Ensure appropriate borrower risk rating for assigned credits.
Requirements
- Qualifications You have: A BS/BA, preferably in Business, Finance, Accounting, Economics, or a related business field. 7-10 years of work
- experience in a Finance/Banking-related position.
- Strong analytical skills and proficiency with financial statements and models.
- Ability to work well with others and on teams.
- Ability to work in a fast-paced environment.
- Highly Proficient in Microsoft Office, including Excel, Word, and PowerPoint.
- experience at an investment bank or other financial institution. Middle market leveraged loan experience. Have
- experience working for an institution that has been a Lead agent in lending transactions Financial modeling experience.
- Graduate of a formalized credit training program.
Benefits
- The estimated base salary range for this position is $175,000.00 to $185,000.00 annually.
- 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! Portfolio Manager Job Description Major Duties &
- Responsibilities Portfolio Management: Monitor assigned portfolio of lender finance credit facilities focusing on borrower's financial performance via a variety of borrowing base (“BB”) and other financial reports, including lead agented LF transactions for accuracy and completeness, while addressing any deficiency in the BBs.
- Monitoring and analyzing performance of underlying collateral assets supporting BBs.
- Establishing and maintaining monthly/quarterly reporting and covenant ticklers post-closing, upon review of legal documentation.
- Participate in annual or other interim lender update/ due diligence calls related to assigned credits.
- Preparing internal portfolio review memos to senior credit executives including quarterly dashboards and annual reviews as well as assisting on internal and external audit reviews.