Job Description

Date Active

Apr 27, 2022 3:32:31 PM

Requisition #

22-1537

Hours Per Week

40

Location

200 Executive Blvd South-HF433

City

Southington

State

Connecticut

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!

 

Position Summary

 

The Loan Production Manager’s primary purpose is to support and coordinate commercial credit requests through the credit process and serve as liaison between Relationship Managers, Underwriters, Closing, and Operations

 

Responsibilities

 

  • Drives consistency and accountability across the credit process by managing a pipeline of commercial credit requests across the loan stages for numerous clients, simultaneously 
  • Acts as the primary internal owner of a credit request to ensure a timely and high-quality closing is achieved, tracking application status, following up on missing information, proactively solving problems, and collaborating with cross functional teams
  • Serves as liaison to Business Credit Center and Operations in gathering and uploading all required documentation from prospective borrowers
  • Serves as a primary point-of-contact for both internal loan-related inquiries on issues concerning status of and/or problems arising throughout the loan approval and closing process
  • Helps facilitate loan preparation and ensure key documents are collected and uploaded into the Loan Origination System 
  • Manage and coordinates preparation of all necessary loan documentation and ensures accuracy for deal closing and scheduling activities
  • Manage correspondence, both verbal and written, amongst clients, Relationship Managers, Middle & Back Office operations, and Counsel, as necessary 

Experience Requirements

 

  • 3-5 years of experience in Credit, Lending, or Bank Operations      
  • Bachelor’s Degree required (preferably in Business, Finance, Accounting, Economics)
  • Strong knowledge of required loan documentation for business / commercial loans
  • Experience with Loan Origination Systems and back-end systems
  • Excellent communication and organizational skills with proven ability to multi-task
  • Comfortable speaking with clients and external parties 
  • Ability to build relationships and work with teams across various functions of the bank
  • Ability to work independently and proactively to address emerging process issues

 

Preferred Experience

 

  • Prior experience across the end-to-end commercial lending process and procedures in Credit, Portfolio Management, Closing, Sales Support, or Bank Operations preferred
  • Experience with Small Business, Business Banking, SBA and CRE loan types preferred
  • Experience structuring loans, calculating pricing, and interpreting programs
  • Experience with due diligence activities including title analysis, lien searches and 3rd party reporting
  • Knowledge of applicable lending compliance laws and regulations 

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!

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