Webster Bank

Webster Bank

Senior Associate, Aerospace, Defense and Environmental

MA Boston, USA · Senior

Sponsorship not specified$10k-$15kDetected 25 days ago
AccountingExcelCommunicationCollaborationMicrosoft OfficeUnderwriting

About the role

  • Additionally, mentor junior deal team members (e.g., Interns, Analysts and Associates) where appropriate.
  • Overall, you will be an integral member of the deal team that is responsible for the complete deal process from loan origination through to post-closing portfolio management.

Responsibilities

  • Maintain borrower credit files
  • Associates will typically maintain a more complex portfolio of borrower accounts, including transactions where Webster is the Agent of a syndicated bank group

Requirements

  • Bachelor's Degree, preferably in Business, Finance, Accounting, Economics, or equivalent related work experience
  • 3-5 years of work experience in an Accounting/Finance/Banking-related position
  • Strong analytical skills and proficiency with financial statements
  • Ability to work well with others and on teams
  • Ability to work in a fast-paced environment
  • Experience working on leveraged loan transactions
  • Sponsor industry experience at an investment bank or other institution
  • Graduate of a formalized credit training program
  • Received or is in the process of achieving either the CFA or CPA professional certifications

Skills

  • Support lead underwriter on deal diligence
  • Review data room materials and all third party reports
  • Build the projection model
  • Help to prepare internal credit approval memos
  • Manage loan closing process

Compensation

  • Review and analyze monthly, quarterly, and annual financial statements in order to monitor the borrower's financial performance trends and liquidity
  • Listen to annual or other interim lender update calls and ask questions, when appropriate
  • Prepare internal quarterly, semi-annual and/or annual review memos
  • Present internal portfolio review memos to senior credit executives at semi-annual review meetings

Company info

  • 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!
  • Additionally, you will be given the opportunity to interact with the bank's senior credit officials, private equity Sponsors, company management, and other industry partners (e.g., law firms, accounting firms, industry experts, etc.).

Visa & Work Authorization

  • Sponsor industry experience at an investment bank or other institution

This listing is sourced directly from Webster Bank's careers page and normalized into a canonical job model.