Job Description

Date Active

Dec 28, 2021 12:00:00 AM

Requisition #


Hours Per Week



200 Executive Blvd South-HF433





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!
POSITION SUMMARY: Responsible for the credit analysis and underwriting of new Business Banking loans to customers with up to $25 million in revenues and total loan exposure up to $7,500,000.
Job Responsibilities:
  • Prepare and deliver high quality, comprehensive credit approval documents that contain in-depth and independent analysis, providing sound judgment and understanding while identifying credit issues and risks. Underwrite and decision loan requests quickly and efficiently. Quality of work will be measured by quantity of errors or omissions and required revisions. Loan volume as well as average size will be a factor.
  • Loans placed in suspense will be monitored for proper suspense reasons and the ability to move loans from suspended through to decision phase.
  • Maintain acceptable KPI metrics
  • Maintain communication with RM's regarding deal status and expected turn time provide pertinent questions to decision the loan to the RM's in a timely manner.
  • Provide visibility to RM's and Regional Managers regarding deal status and expect turn times through PowerLender comments. Provide feedback as to reason of Underwriting suspense times.
  • Provide feedback to Management with respect to potential improvements to the credit delivery process
  • Manage asset quality identifying adverse or credit issues in loan package submissions. Proper notifications to RM, Supervisor and SCE of corrective actions are required.
  • Proper and accurate Risk Assessment Grades using the Risk Assessment Models are required.
Education, Experience and Skill requirements
  • Bachelor's degree in a related field required.
  • 5-8 years of experience in commercial loan underwriting.
  • Proven problem solving, decision making, underwriting and analytical skills
  • Knowledge of MS Office applications and Sageworks software
  • Knowledge of SBA financing programs
  • Ability to work well independently and manage multiple underwriting assignments
  • Strong organizational, communication, time management and collaboration skills

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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