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. Credit Underwriting Oversight with Delegated Credit Authority:
Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!
Core Job Responsibilities/Key Activities/Elements:
Ensure compliance with all regulations, policies, and procedures.
- Review and opine on credit requests for Equipment Finance and any other areas of coverage assigned.
- Ensure underwriting packages are complete, thorough, and prepared consistent with credit policies and procedures of the Bank. The content should reflect a clear understanding of the proposed credit undertaking in the context of the Bank's lending appetite and include a comprehensive and informative credit analysis and due diligence summary which details the risks of the transaction.
- Approve transactions within delegated credit authority and recommend credit action on transactions that exceed delegated authority.
Any other specifically assigned projects/tasks related to the role.EXPERIENCEFor this position, you must have at least 8 years of experience in Commercial Lending and Credit, with a well-developed understanding of Equipment Finance as well as other commercial lending products.
- Assist Managing Director and DCCO in portfolio monitoring, including periodic portfolio reviews.
Specific Job Related Education & SkillsCandidates with advanced degrees (Associates, Bachelor's, and/or Master's) preferred, yet a High School diploma or GED is required. Candidates with some combination of coursework and experience, or else, extensive related professional experience, are eligible for consideration.Strong working knowledge of all credit disciplines and portfolio risk management.Specific experience with some or all areas of middle market lending such as Equipment Finance, ABL, and cash flow lending. Knowledge of banking regulations, lending policies, procedures and techniques and well-demonstrated understanding of loan risk factors.Exceptional leadership and organizational skills.Ability to multi-task and manage changing priorities.