Associate Portfolio Manager
Date ActiveMay 25, 2021 12:00:00 AM
Hours Per Week40
Location200 Elm Street-FF200
Job Description/ Requirements
Since 1935, Webster Bank has been helping individuals, families and businesses meet their financial goals. As a leading regional bank, Webster's strong foundation is built on our core values of responsibility, respect, teamwork, trust and commitment to our communities. Webster bankers remain our most valuable asset, and we pride ourselves on our diverse, equitable and inclusive work environment. Come join our team!
Webster Bank -- Analyst Middle Market Lending
As an Analyst for Webster Bank's Sponsor and Specialty Finance team, you will conduct financial and business due diligence on sponsor-backed healthcare service companies to determine the credit worthiness of prospective borrowers. A key part of the position will be managing the ongoing financial performance of a portfolio of healthcare accounts and conducting tend analysis. Potential candidates at this level are typically initiating and building the skills required to underwrite and manage leveraged loan transactions. You will be a meaningful contributor to Webster's growing healthcare leveraged finance team and be provided increased responsibility based on ability and job performance.
Key responsibilities include company and industry research, financial modeling & analysis , and portfolio management support. Analysts help prepare internal credit memos and will be part of a team that presents the underwriting diligence and portfolio management results to an investment committee. There is opportunity for increased responsibility as the Analyst progresses from execution and portfolio support to eventually leading key elements of the transaction execution process.
Throughout the underwriting and portfolio management processes the Analyst will interact with multiple stakeholders. You will interact with sponsor coverage teams, credit professionals, capital markets, private equity sponsors, company management, and investment bankers, as well as legal counsel, loan closers and operations personnel.
Bachelor's Degree in Business, Finance, Accounting, Economics, or equivalent work experience.
Superior written and verbal communication skills.
Strong analytical skills and proficiency with financial statements.
Ability to work in a fast-paced environment with little supervision.
Proficient in Microsoft Office, including Word, Excel and PowerPoint.
Bachelor's Degree in accounting, finance, business or related discipline. MBA considered a plus.
1-3 years' experience in leveraged finance at a commercial or investment bank with strong commercial credit experience.
Experience underwriting leveraged loan transactions .
Job Status: Full Time
Job Reference #: 21-1205