Assoc, Portfolio Admin BCC

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!

Jo Description:

The Associate - Portfolio Mgmt BCC role will be an individual contributor supporting the SBA Processing team in the Business Credit Center.  The team’s primary purpose is to coordinate loan applications for Small Business Administration (SBA) guaranteed loans through the credit approval and closing processes, and serve as liaisons between Lines of Business, Underwriters, Closing, and Operations. The Associate role will be relied upon to handle routine, administrative tasks which drive consistency and accountability across the credit process by ensuring SBA loans are closed and funded in accordance with the SBA Standard Operating Procedures and other government regulations

Responsibilities:

• Perform routine administrative tasks to support consistency and accountability across the credit process for SBA loan applications

• Support the Business Credit Center pipeline of SBA loan requests throughout all stages of the process with responsibility for specific tasks and process steps

• Assist the Director of SBA Loan Processing with due diligence and periodic reviews of file documentation to ensure all requirements for perfecting an SBA guaranty have been met

• Assist with report preparation, SBA and internal audit responses and other administrative duties as required.

• Provide general team support for the SBA Analysts and Managers, as needed

Experience Requirements:

• 1-3 years of Banking experience

• High School Diploma

• Strong communication and organizational skills with ability to multi-task

• Comfortable in fast-paced and continuously improving environments  

• Ability to build relationships and work with teams across various functions of the bank 

• Ability to work independently and on a team of independent contributors

Preferred Experience :

• Bachelor’s Degree preferred (Business, Finance, Accounting, Economics)

• Awareness of SBA lending programs including 7(a), Express, 504, and Export lines of credit

• Experience with Loan Origination Systems and the SBA E-Tran system

• Familiarity with the SBA Standard Operating Procedures

• Experience with small business lending or commercial loan processing

• Knowledge of applicable lending laws and regulations

• Knowledge of Microsoft Suite including Excel, Word, PowerPoint

The estimated salary range for this position is $46,800USD to $57,200USD. 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.

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All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.