operations
Posted 19 hours agoSenior Analyst, Commercial Loan Operations Syndicated Servicing
at Webster Bank
On-site
Responsibilities
- Interpret intricate credit agreements, legal documentation, and agency notices to ensure accurate loan system setup and servicing.
- Coordinate with internal teams (e.g., lending, credit, legal, accounting) and external parties (e.g., agent banks, participant banks, borrowers) to resolve servicing issues.
- Maintain accurate loan data within servicing systems, including commitment details, pricing grids, and facility structures.
- Ensure compliance with all regulatory
Requirements
- Skills and Abilities In-depth knowledge of syndicated loan structures, LSTA conventions, agency roles, and related legal documentation.
- Proven ability to interpret and apply complex credit agreements and legal documents to servicing functions.
- Proficiency with commercial loan servicing platforms that handle syndicated credits (e.g., ACBS, Loan IQ).
- Ability to manage multiple priorities, and meet tight deadlines.
- Strong understanding of loan accounting principles related to syndicated facilities.
- Must be able to work independently and in a cooperative team environment Comfortable in a fast-paced atmosphere with varied
- Qualifications Bachelor’s Degree in Arts/Sciences (BA/BS) Finance, Business Administration, or a related field preferred Experience
Benefits
- Qualifications 5-7 years commercial loan operations, with a significant focus on syndicated loan servicing. required The estimated salary range for this position is $75,000.00 to $90,000.00 USD 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-JG1 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.
- Will be responsible for managing a portfolio of syndicated credits, performing highly specialized servicing functions, and serving as a subject matter expert for internal and external stakeholders.
- What you will do Manage the end-to-end servicing of syndicated commercial loans, including participations, assignments, amendments, and waivers.
- Process complex principal, interest, and fee payments for syndicated facilities, ensuring accurate distribution to lenders.
- Reconcile agent and participant bank positions, resolving discrepancies and managing cash flows.
- requirements and internal policies related to syndicated loans.
- Provide subject matter expertise and guidance on syndicated loan servicing to junior staff and cross-functional teams.