Webster Bank

Manager, Commercial Underwriting

Webster Bank

full-time

Posted on:

Location Type: Remote

Location: ConnecticutUnited States

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Salary

💰 $95,000 - $115,000 per year

About the role

  • Evaluate complex, privately placed public sector financing requests
  • Perform due diligence and gather information for lending decisions
  • Spreading and analyzing credit profiles and financial statements
  • Prepare risk rating calculations and underwriting documents
  • Conduct continual portfolio monitoring and payment delinquency mitigation

Requirements

  • 4-7 years of direct public sector underwriting experience
  • Advanced degrees (Bachelor’s or Master’s) preferred
  • Strong knowledge of underwriting concepts, practices, and procedures
  • Proficiency in financial statements (Fund Accounting, Balance Sheet, Income Statement and Cash Flow Statement)
  • Significant municipal risk rating expertise
  • Proficiency in legal terminology and documentation
  • Excellent analytical and mathematical skills
  • Technical aptitude with Word, Excel, Outlook and other IT systems
Benefits
  • Professional development opportunities
  • Health insurance
  • Retirement plans
  • Paid time off
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
public sector underwritingcredit profile analysisfinancial statement analysisrisk rating calculationsunderwriting documentationmunicipal risk ratinglegal terminology proficiencyanalytical skillsmathematical skills
Certifications
Bachelor’s degreeMaster’s degree