Webster Bank
Managing Director, Portfolio Management, Middle Market
Webster Bank, Boston, Massachusetts, us, 02298
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Managing Director, Portfolio Management, Middle Market
role at
Webster Bank .
Position Summary At Webster Bank, our financial intermediation activities are organized broadly around three distinct lines of business: the Consumer Bank, the Commercial Bank, and HSA Bank. This position is aligned with the Commercial Bank and will support underwriting of new commercial loans and ongoing portfolio management of existing lending relationships within the Commercial Banking Middle Market division. The Managing Director will partner with portfolio and relationship managers to conduct underwriting due diligence, prepare internal credit memos, present results to the credit committee, monitor covenant compliance, and manage risk ratings and credit quality of the portfolio.
Major Duties and Responsibilities
Lead underwriting due diligence and partner with relationship managers and junior deal team members to produce deal screen and underwriting documents
Interface with clients and other stakeholders to facilitate the underwriting process
Detail debt financings and company financials utilizing Excel and Webster’s credit management platform, Sageworks
Perform sensitivity analysis and modeling of projected cash flows
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
Listen to annual or other interim lender update calls and ask questions, when appropriate
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
Education and Experience
Bachelor’s degree in accounting, finance, or related field preferred
7–10 years of professional experience in accounting, finance, or banking
Excellent analytical skills and attention to detail
Strong written and verbal communication skills
Strong competency in Microsoft Office suite – including Excel and PowerPoint; experience with financial modeling required
Good interpersonal skills 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
Locations: Connecticut – New Haven, Stamford, Hartford. Option for hybrid schedule if deemed appropriate
The estimated salary range for this position is $150,000 USD to $175,000 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.
Webster Financial Corporation and its subsidiaries (“Webster”) are equal opportunity employers that are committed to sustaining an inclusive environment. 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.
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Managing Director, Portfolio Management, Middle Market
role at
Webster Bank .
Position Summary At Webster Bank, our financial intermediation activities are organized broadly around three distinct lines of business: the Consumer Bank, the Commercial Bank, and HSA Bank. This position is aligned with the Commercial Bank and will support underwriting of new commercial loans and ongoing portfolio management of existing lending relationships within the Commercial Banking Middle Market division. The Managing Director will partner with portfolio and relationship managers to conduct underwriting due diligence, prepare internal credit memos, present results to the credit committee, monitor covenant compliance, and manage risk ratings and credit quality of the portfolio.
Major Duties and Responsibilities
Lead underwriting due diligence and partner with relationship managers and junior deal team members to produce deal screen and underwriting documents
Interface with clients and other stakeholders to facilitate the underwriting process
Detail debt financings and company financials utilizing Excel and Webster’s credit management platform, Sageworks
Perform sensitivity analysis and modeling of projected cash flows
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
Listen to annual or other interim lender update calls and ask questions, when appropriate
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
Education and Experience
Bachelor’s degree in accounting, finance, or related field preferred
7–10 years of professional experience in accounting, finance, or banking
Excellent analytical skills and attention to detail
Strong written and verbal communication skills
Strong competency in Microsoft Office suite – including Excel and PowerPoint; experience with financial modeling required
Good interpersonal skills 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
Locations: Connecticut – New Haven, Stamford, Hartford. Option for hybrid schedule if deemed appropriate
The estimated salary range for this position is $150,000 USD to $175,000 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.
Webster Financial Corporation and its subsidiaries (“Webster”) are equal opportunity employers that are committed to sustaining an inclusive environment. 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.
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