Director, Portfolio Management – Commercial Banking Middle Market
Webster Bank
full-time
Posted on:
Location Type: Office
Location: New York City • New York • 🇺🇸 United States
Visit company websiteSalary
💰 $150,000 - $155,000 per year
Job Level
Lead
About the role
- Underwriting lead underwriting due diligence and partner with 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
- Draft approval document narrative, thoroughly identify all risks and mitigating factors, document variances to policy/procedures, and assign accurate risk grade
- Responsible for presenting underwriting memos to credit committee
- Support legal documentation drafting and negotiations
- Facilitate loan closing process with commercial loan operations
- Review, spread, and maintain periodic financial statements, compliance certificates and borrowing base reports
- Engage with borrowers' CFOs (or similar position) to get qualitative updates on performance
- Ensure the timely completion of renewals, annual reviews, and interim analyses
- Ensure borrower is assigned an appropriate risk rating
- Present internal portfolio review memos to senior credit executives at periodic meetings
- Execute all amendments/waivers 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
- Generate new ideas and recommendations for continuous process improvement
- Represent Webster Bank as a brand ambassador at business and charitable events
- Participate in special projects on an as-needed basis.
Requirements
- Bachelor’s degree
- 7-10 years of prior professional experience or equivalent
- Professional experience in a banking credit management 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 required
- 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.
Benefits
- Incentive compensation
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
underwritingfinancial modelingrisk assessmentcredit analysisdata analysisfinancial statement reviewcompliance managementloan closingdocument draftingprocess improvement
Soft skills
analytical skillsattention to detailwritten communicationverbal communicationinterpersonal skillsindependent workproblem-solvingpresentation skillsstakeholder engagementteam collaboration
Certifications
Bachelor's degree