Loan Production Manager

Date Active

Dec 5, 2022 12:08:56 PM

Requisition #

22-2256

Hours Per Week

40

Location

200 Executive Blvd South-HF433

City

Southington

State

Connecticut

Job Description/ Requirements

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!

 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
• Coordinates preparation of all necessary loan documentation and ensures accuracy for deal closing and scheduling activities
• Coordinates correspondence, both verbal and written, amongst clients, Relationship Managers, Middle & Back Office operations, and Counsel, as necessary 

 

Experience/ Education/Requirements:

• 3+ 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 

The estimated salary range for this position is $85,000 to $100,000. 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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Equal Opportunities