Job Description

Date Active

Nov 29, 2022 12:00:00 AM

Requisition #

22-1029

Hours Per Week

40

Location

500 Boylston St-MAS10

City

Boston

State

Massachusetts

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!

Managing Director: Originations

Sponsor and Specialty Finance Group

Description: Originate and structure direct, lead opportunities for equity-sponsored cash flow senior debt transactions.

MAJOR DUTIES & RESPONSIBILITES:

  • Execute on highly focused prospecting activities.
  • Develop strategic leverage finance relationships with private equity firms, investment banks, and other industry participates to originate direct senior debt investment opportunities.
  • Assist in syndication process of underwritten deals and best efforts arrangements.
  • Manage a team of underwriters and portfolio managers to book and manage a sizeable portfolio of new senior debt investments.
  • Facilitate due diligence processes with Bank's internal underwriting teams.
  • Advocate for new deals in credit approval process. Develop and maintain deep understanding of customer's financial condition and needs.
  • Demonstrate in depth knowledge of Webster products, services, and capabilities.
  • Represent Webster in local community.

EDUCATION, EXPERIENCE & SKILLS

  • Bachelor's Degree in finance, business, accounting, economics, or related field required; advanced degree, CFA, or CPA a plus.
  • 10+ years of experience in leverage finance originations, structuring and cross selling bank products and services.
  • Proven ability to develop and cultivate productive relationships with private equity firms.
  • Proven, quality credit and structuring skills,
  • Excellent interpersonal, team building and communication skills.
  • Thorough understanding of regulations governing financial products/services.
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Equal Opportunities

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!

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