Webster Bank

Managing Director Commercial Underwriting

Webster Bank$200K — $210K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's in accounting or finance; MBA preferred.
  • 10+ years of experience in commercial banking, private credit, or commercial finance with formal credit training.
  • Strong finance, credit, accounting, and financial statement analysis capabilities.
  • Experience in the healthcare industry is a bonus.
  • Exceptional interpersonal skills for client and colleague engagement.
  • Proficient in both written and verbal communication.
  • Proven ability to cultivate and manage business relationships.

Responsibilities

  • Partner with Business Unit Head and Relationship Managers in underwriting and closing senior debt financings.
  • Consult with Relationship Managers to structure loans and negotiate financing terms.
  • Prepare detailed credit approval documents including SWOT analysis and transaction understanding.
  • Lead the deal management process and all due diligence activities.
  • Improve the quality and consistency of underwriting standards and client service.
  • Assist in training credit analysts and underwriters through coaching and development opportunities.
  • Maintain a deep knowledge of credit products and cultivate trusted relationships with clients.

Benefits

  • Inclusive work culture promoting professional development.
  • Access to a range of training and development opportunities.
  • Collaborative environment with cross-functional teams.
  • Opportunity to work in the dynamic and growing healthcare finance sector.
Full Job Description
Managing Director, Commercial Underwriting supports the Healthcare CRE team in originating, underwriting, and arranging commercial loans, in addition to credit requests and risk management activities related to credit origination, refinancings and loan modifications for existing portfolio relationships. This role is tasked to partner with the Line of Business to onboard new client relationships and provide high-quality underwriting consistent with the bank's risk tolerance standards. - Partner with BU Head and Relationship Managers on all facets of underwriting and closing senior debt financings and related credit requests for new and existing client relationships. - Consult with Relationship Managers in recommending loan structure, presentation of financing proposals, and negotiation of finance terms with client. - Prepare high-quality, analytically detailed credit approval documents containing an in-depth SWOT analysis and understanding of the transaction, customer business model, industry and market trends and identification of key issues and risks. - Lead deal management process and all diligence activities, prepare financial models, prepare deal screen and final credit approval presentations in accordance with Webster's credit policies and procedures; present and lead credit committee discussion; manage all facets of loan closing with product partners (Treasury, Portfolio, Operations, Loan Syndication). - Continuously contribute to improving the quality and consistency of the business' underwriting standards and service offering to clients. - Assist in training and development of credit analysts and underwriters through effective coaching and professional development opportunities. - Demonstrate an in-depth knowledge of Webster credit products and services and the ability to form trusted consultative relationships with clients. Education, Skills & Experience - Bachelor's degree in accounting or finance; MBA preferred. - 10+ years in commercial banking, private credit, commercial finance with formal credit training and experience in senior underwriter role. - Strong finance, credit, accounting, and financial statement analysis skills. - Healthcare Industry experience a plus. - Exceptional interpersonal skills and ability to liaise with Clients, RMs, PMs, Senior Risk Officers, and Executive Management. - Strong written and verbal communication skills. - Proven ability to manage and cultivate business relationships. - Driven, well organized, and able to work independently in a fast-paced environment. The estimated salary range for this position is $200,000.00 to $210,000.00. 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. #LI-SJ1

About Webster Bank

Webster Bank is a regional bank that provides personal and business banking services to customers in Connecticut, Massachusetts, Rhode Island, and New York. The bank was founded in 1935 and is headquartered in Waterbury, Connecticut. Webster Bank has over 3,400 employees and operates over 150 branches. The bank offers a range of financial products and services, including checking and savings accounts, loans, mortgages, and investment services. Webster Bank is committed to supporting the communities it serves and has a strong focus on corporate social responsibility.
Learn more about Webster Bank
Size
3,245 employees
Market Cap
$8 billion
Industry
Net Income
$220.6 million
5 Year Trend
+2.8%
NASDAQ

Similar Jobs

More Jobs at Webster Bank

More Finance & Insurance Jobs

Find similar Managing Director Commercial Underwriting jobs: