Job Description

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!

The Collateral Analyst provides operational support and risk monitoring to the Asset Based Lending group by reviewing and analyzing client supplied reports, field examinations, and loan documentation. The Collateral Analyst will interact with clients on a daily basis and will have an assigned portfolio of accounts. The ideal candidate will have some prior experience with performing Borrowing Base Certificate (BBC) reconciliation and maintaining collateral availability.

Review/analyze BBC and supporting documentation for accuracy and completeness; update collateral related information in collateral monitoring system; reconcile collateral, loans, and unapplied and in-transit cash, as well as excess availability between collateral monitoring system and BBC; identify and resolve outstanding items.

Review collections received for operating and cash collection accounts, ensuring accurate application in collateral monitoring system; monitor daily borrowing availability and process advance requests; ensure appropriate authorizations/approvals are obtained in accordance with Bank policies and controls.

Analyze accounts receivable and inventory reports, on daily, weekly and monthly basis and calculate ineligible collateral; review and incorporate relevant audit and exam findings; prepare monthly reconciliation of accounts receivable collateral shown in monitoring system to borrower accounts receivable aging reports and final borrowing base certificates for month.

Process interest and fee invoices; perform settlement with syndicate members; follow-up and resolve past due interest and reporting delinquencies.

Attend monthly team portfolio meeting and address questions related to collateral and reporting. Assist Portfolio Managers with monitoring on-going portfolio risk exposure by providing recommendations, identifying trends, and escalating suspicious/inconsistent activities, reporting exceptions, material variances, and overdraft and over-advance issues on a daily, weekly, and/or monthly basis.

Ensure compliance with all regulations, policies, and procedures. Work on Specialty Finance projects as assigned.

The estimated salary range for this position is $60,000 USD to $70,000 USD. 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.


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.

Application Instructions

Please click on the link below to apply for this position. A new window will open and direct you to apply at our corporate careers page. We look forward to hearing from you!

Apply Online