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
Key responsibilities include: (i) spearheading the due diligence process for new cash flow transactions, inclusive of financial due diligence and leading diligence calls, (ii) overseeing the preparation of pre-screen memos and credit approval documents for presentation to credit committee, (iii) reviewing and/or spearheading legal documentation including credit agreements & amendments, (iv) reviewing financial models, (v) management and ongoing monitoring of select portfolio accounts, and (vi) mentoring junior staff members. Throughout this process, the director will work collaboratively with junior deal team members and interact with multiple stakeholders including senior business development officers, deal underwriters, senior credit officers, capital markets professionals, private equity sponsors, company management, as well as legal counsel and operations personnel.
Required Qualifications:
- Bachelor's Degree in Business, Finance, Accounting, Economics, or equivalent work experience.
- 10-15 years’ experience in leveraged finance at a commercial or investment bank with strong commercial credit experience.
- Superior written and verbal communication skills.
- Experience underwriting middle market cash flow / PE-backed transactions.
- Strong analytical skills and proficiency with financial statements and financial modeling.
- Robust knowledge of and comfort with spearheading legal documentation.
- Ability to prioritize and manage multiple tasks/transactions with skill and communicate process status clearly and in a timely manner.
- Ability to work in a fast-paced environment with little to no supervision.
Desired Qualifications:
- MBA considered a plus, but not required.
- Graduate of a formalized credit training program is preferred.
The estimated salary range for this position is $190,000 USD to $210,000 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.
What We Do
Webster is a leading commercial bank that delivers financial solutions to business, individuals, families and partners. With more than $60 billion in assets, we offer digital and traditional service delivery through our differentiated lines of business: Commercial Banking, Consumer Banking and HSA Bank, one of the country’s largest providers of employee benefits solutions.
Webster Financial Corporation and its subsidiaries ("Webster") are equal opportunity and affirmative action employers M/F/D/V. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, marital status, national origin, ancestry, citizenship, sex, sexual orientation, gender identity and/or expression, physical or mental disability, protected veteran status, or any other characteristic protected by law.
© 2021 Webster Financial Corporation. All rights reserved.
Webster Bank, the Webster Bank logo and the W symbol are trademarks of Webster Financial Corporation and Registered in the U.S. Patent and Trademark Office.
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