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!

RESPONSIBILITIES

New Deal Underwritings:

Support lead underwriters on deal diligenceDevelop due diligence request listsReview data room materialsHelp to prepare internal credit approval memos and present deals to credit committeeAssist in loan closing process

Portfolio Management for Existing Borrowers:

Review and verify requests for borrowing, ensuring accuracy of request certificates and compliance with all applicable covenantsReview quarterly compliance certificates to ensure they are being completed accurately by the borrowerReview and analyze borrowers’ regularly submitted financial statements to monitor performanceEnsure appropriate borrower risk rating and process internal ratings upgrades/downgrades when appropriateMaintain borrower credit files and financial data / covenant compliance in SageworksPrepare internal quarterly, semi-annual and/or annual review memosPresent internal portfolio review memos to senior credit executives at annual review meetingsWork with original underwriting deal team to prepare and execute all amendments, waivers, and requests for extensions for existing borrowers

The estimated salary range for this position is $80,000 USD to $95,000 USD. 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.

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All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.