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.
Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!
Webster Bank - Associate Leveraged Finance
As an Associate in Webster Bank's Sponsor Finance Group, you will be responsible for all aspects of underwriting new cash flow LBO & private equity backed transactions as well as portfolio management activities for the General Industries team. This position includes all aspects of the underwriting process such as performing due diligence and preparing internal credit approval documents, as well as portfolio management responsibilities including completion of required portfolio reviews and processing of incremental credit extensions. You will be a meaningful contributor and assume increasing levels of responsibility that encompasses underwriting, portfolio management, and communicating with key stakeholders. Position would be hybrid and based in either Stamford, CT or New York, NY.
Key responsibilities include: (i) spearheading the due diligence process for new cash flow transactions, inclusive of financial due diligence and leading diligence calls, (ii) preparing pre-screen memos and credit approval documents for presentation to credit committee, (iii) preparing and/or reviewing financial models, (iv) organizing and managing the closing process on new transactions, and (v) management and ongoing monitoring of portfolio accounts. Throughout this process, the Associate will have the opportunity to interact with multiple stakeholders including senior business development officers, deal underwriters, senior credit officers, capital markets professionals, private equity sponsors, company management, as well as legal counsel and operations personnel.
Add your resume to our resume database that can be searched by employers looking to hire!
Stay up to date with job alerts! Customize your alerts based on a specific area, category and receive weekly updates!