Manager, Underwriting II
Date ActiveMay 10, 2022 10:52:51 AM
Hours Per Week40
LocationRemote - Nationwide
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!
The Public Sector Finance Manager, Underwriting II is responsible for evaluating complex, privately placed public sector financing requests including, traditional general obligation debt, enterprise revenue debt, tax-supported debt, lease revenue debt, equipment leasing, as well as, spreading financial statements, processing annual reviews, portfolio monitoring, front-end evaluation, risk rating, with aggressive turnaround parameters and goals, all in accordance with bank polices/regulatory requirements. The underwriter must be able to evaluate complex transaction structures, with an understanding of the various state and federal legal parameters . Additional scope of responsibilities includes performing due diligence and gathering information as necessary to make sound lending decisions. The underwriter will also perform other duties as necessary to support the goals and objectives of the Public Sector Team, along with the overall Commercial Lending area. An understanding of the Bank’s Credit Policy and outside regulatory requirements is also required.