Job Description

Date Active

May 10, 2021 12:00:00 AM

Requisition #


Hours Per Week



360 Lexington Ave-NY000


New York


New York

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!

Webster Bank -- Vice President Leveraged Finance

Position Summary

As a Vice President, Portfolio Manager for Webster Bank's Sponsor and Specialty Finance team, you will be responsible for all portfolio management activities for cash-flow based investments in general sponsored opportunities. This leadership position includes mentoring junior resources and ensuring required portfolio reviews, waivers, amendments and incremental credit extensions are processed in accordance with Webster Bank Credit Policies. Potential candidates at this level are typically building upon the skills required to manage leveraged loan transactions under minimal supervision. You will be a meaningful contributor and assume increasing levels of responsibility that encompasses portfolio, underwriting and communicating with key stakeholders. Position would be located in either New York, NY, Stamford, CT or Boston, MA.



Key responsibilities include: (i) working with junior resources to ensure the timely input and data integrity of client financials into Webster Bank's electronic portfolio management system; (ii) oversight and presentation of quarterly and annual reviews to credit committee; (iii) development and ongoing monitoring of portfolio analytics; (iv) management and coordination of all post-close borrower requests including waivers, amendments, extensions; and (v) working with lead underwriters in conducting due diligence and presenting incremental requests for capital to investment committee. Throughout this process the Vice President will mentor junior deal team members and interact with multiple stakeholders, including business development officers, deal underwriters, senior credit officers, capital markets, private equity sponsors, company management, as well as legal counsel and operations personnel.


Required Qualifications:

Bachelor's Degree in Business, Finance, Accounting, Economics, or equivalent work experience.

5-7 years' experience in leveraged finance at a commercial or investment bank with strong commercial credit experience.

Experience leading negotiation of credit agreements / legal documentation of leveraged loans.

Superior written and verbal communication skills.

Strong analytical skills and proficiency with financial statement modeling.

Experience underwriting middle market sponsored transactions.

Ability to work in a fast-paced environment with little to no supervision.

Desired Qualifications:

MBA considered a plus.

Graduate of a formalized credit training program.

Experience in middle market sponsored services is highly preferred, but not required.


Webster Bank Overview

Webster Financial Corporation is the holding company for Webster Bank, National Association. With $26 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust, and investment services through 176 banking centers and 349 ATMs. Webster also provides telephone banking, mobile banking, and Internet banking. Webster Bank owns the asset-based lending firm Webster Business Credit Corporation; the equipment finance firm Webster Capital Finance Corporation; and HSA Bank, a division of Webster Bank, which provides health savings account trustee and administrative services. Webster Bank is a member of the FDIC and an equal housing lender. For more information about Webster, including past press releases and the latest annual report, visit the Webster website at


Business Unit Overview

Webster Sponsor and Specialty Finance provides customized secured commercial loans to middle-market companies, typically backed by private equity capital. Our loans are used by clients to facilitate acquisitions, fund working capital, finance growth/capital expenditures, and restructurings. Sponsor and Specialty Finance focuses on general commercial industries but also has dedicated specialty lending teams that cover healthcare, technology, media and franchise businesses. We are headquartered in Boston, MA and have offices in Stamford, CT and New York, NY.



Application Instructions

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