Job Description

Date Active

May 18, 2023 4:43:22 PM

Requisition #

23-1421

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!

 

This position is responsible for the day-to-day tasks associated with managing a significant number of loans within the Limited Monitoring Portfolio of the Business Credit Center. Tasks include all functions related to portfolio management – customer service, loan modifications, loan documentation, collateral tracking, etc.  This position requires significant customer contact (written, phone and in-person), and partners with a team of Relationship Managers to help deliver an industry-leading customer experience to our borrowing customers. 

 

Job Responsibilities:

  • Monitor and maintain the Limited Monitoring loan portfolio within the Business Credit Center and alert senior management to issues which affect portfolio quality.
  • Evaluate all types of modification requests on a routine basis.  Ability to accurately evaluate debt service ability and evaluate collateral to properly evaluate risk.
  • Perform routine credit/financial reviews of relationships to ensure accurate risk grades and data integrity at all times.  
  • Support and deliver superior customer service to business relationships to bring consistent customer experiences throughout the Bank’s footprint. 
  • Support the Bank’s loan payment collection efforts to remain within targets for past dues and charge-offs and identify and support the transfer of problem loans to the Commercial Loan Workout Unit. 

Education, Experience and Skills

  • Bachelor’s Degree required - Business, Finance, Accounting or Economics preferred
  • Minimum 3-5 years of related banking experience – Commercial credit experience required  
  • Strong credit skills with the capacity to evaluate strengths and weaknesses of a wide variety of credits. 
  • Must be service oriented and possess strong interpersonal, organizational and communication skills. 
  • Must be comfortable in customer contact situations including potential work-out/loan restructure environments. 
  • Ability to multi-task, prioritize work to meet deadlines and work both independently and within a team structure.

The estimated salary range for this position is $85,500.00 USD to $104,500.00 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

 

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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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