other
Posted 22 hours agoAnalyst, Commercial Credit
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 Support amendment/waiver execution 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
Requirements
- You Will Be Responsible For (Major Duties and Responsibilities) Underwriting Support underwriting due diligence and partner with senior portfolio and relationship managers 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 Assist in drafting approval
- 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 Word;
- experience with financial modeling is preferred 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: New York: Manhattan, New Jersey: Paramus; Option for hybrid schedule if deemed appropriate.
Benefits
- The estimated salary range for this position is $95,000.00 to $105,000.00 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-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! Webster Summary 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.
- 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! This Is
- What You Will Do (Position Summary) 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.