Manager, Credit Risk Review
Webster Bank
Manager, Portfolio Management
Webster Bank
full-time
Posted on:
Location Type: Hybrid
Location: Southington • Connecticut • 🇺🇸 United States
Visit company websiteSalary
💰 $120,000 - $130,000 per year
Job Level
Mid-LevelSenior
About the role
- Monitor and maintain an assigned commercial loan portfolio and alert senior management to issues which affect portfolio quality.
- Manage the renewal and modification process for loans and lines of credit by performing the underwriting and closing processes to ensure timely document execution.
- Perform routine, thorough credit/financial reviews of relationships in an assigned loan portfolio and ensure accurate risk grades and data integrity at all times.
- Perform routine site visits to meet with company management, collect financial information, discuss new lending opportunities.
- Support and deliver superior customer service to business relationships to bring consistent customer experiences throughout the Bank’s footprint.
- Support the Bank’s loan payment collection efforts to remain within targets for past dues and charge-offs and identify and support the transfer of problem loans to the Commercial Loan Workout Group.
- Participate, and take a leading role when necessary, in Continuous Improvement initiatives and/or assist with the training of junior staff members.
Requirements
- Bachelor’s Degree required - Business, Finance, Accounting or Economics preferred
- Minimum 5-7 years of related banking experience – Commercial credit experience required with the completion of a formal credit training program preferred.
- Strong credit skills with the capacity to evaluate strengths and weaknesses of a wide variety of credit facilities.
- Must be service oriented and possess strong interpersonal, organizational and communication skills.
- Must be comfortable in customer contact situations including potential work-out/loan restructure environments.
- Ability to multi-task, prioritize work to meet deadlines and work both independently and within a team structure
- Previous leadership experience preferred, but not required
Benefits
- Professional development opportunities
- Incentive compensation
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
commercial loan portfolio managementunderwritingcredit analysisfinancial reviewsrisk gradingloan modificationloan payment collectionproblem loan identificationcontinuous improvementcredit training
Soft skills
customer serviceinterpersonal skillsorganizational skillscommunication skillsmulti-taskingprioritizationindependent workteam collaborationleadershipservice orientation
Certifications
Bachelor’s Degreeformal credit training program
