Sr Assoc, Commercial Loan Support

Date Active

May 17, 2023 1:19:04 PM

Requisition #

22-2293

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!

 

Overview

• Ability to deliver high quality professional service to internal and external customers, understanding all aspect of loan processing, ensuring requests are processed accurately within established credit guidelines and departmental procedures
• Responsible for the timely QC (Next day and final) to ensure all executed documents match system entry, ensure knowledge of the Commercial lending products and services, including an understanding of a Credit Agreement, loan funding mechanics, deal structure, funds flow, etc.
• Depending on need – responsible for the timely and accurate posting of ACBS transactions sent by Servicing team and managers, input and QC of required rates, release of collateral, payoffs
• Cross functional training which enables ability to do other jobs within the department

Responsibilities

• Perform tasks to establish and monitor loan rates on business banking and commercial loan systems
• Review all transactions created by the Servicing teams and complete final processing
• Other loan related and miscellaneous tasks (i.e. Pre-Payment penalties, DDA related, Manual entries etc.).
• Receptive to increasing levels of responsibilities and additional process improvement projects at management's request
• Other responsibilities as assigned (handle the transactions not able to be handled by other areas of the department.

 

Skills and Experience Needed

• High school diploma/GED required; Bachelor’s degree preferred.
• 2-3 years of experience in a commercial banking environment, preferably working with Commercial loan closing activities and credit structure.
• Strong attention to detail and excellent customer focus.
• Ability to multitask and work with all levels of management and staff.
• Strong Commercial Lending applications – ACBS preferred
• Strong computer skills, including knowledge of Microsoft Office product suites.
• Self starter with ability to work independently as well as a Team

The estimated salary range for this position is $28.00 HR to $34.00 HR. 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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