Webster Bank

Webster Bank

Senior Associate, Sponsor and Specialty Finance - Technology & Infrastructure

MA Boston, USA · Senior

Sponsorship not specified$10k-$15kDetected 25 days ago
Financial ModelingAccountingExcelResearchCommunicationCollaborationMentoringOrganizational SkillsMicrosoft OfficeUnderwriting

About the role

  • If you're looking for a meaningful career, you'll find it here at Webster.
  • 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.

Responsibilities

  • Manage internal approval process including ensuring (i) timely completion of internal investment committee approval write-ups and (ii) adherence to Webster's internal underwriting policies and procedures
  • Lead investment committee approval meetings and answer all diligence related questions
  • Review and negotiate closing legal documents with the borrower and/or sponsor
  • Manage internal loan closing process (including KYC) to ensure a smooth and timely closing for all counterparties

Requirements

  • 5-7 years of work experience in an Accounting/Finance/Banking-related position (or a Master's degree and 1-3 years)
  • Experience working in sponsor finance or on leveraged loan transactions
  • 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
  • Proficiency in Microsoft Office, including Word, Excel and PowerPoint
  • Ability to travel

Compensation

  • 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.
  • A specialized team of ~20 dedicated investment professionals, the T&I group prides itself on maintaining an atmosphere that encourages teamwork, self-empowerment, and work/life balance.
  • This role will allow you to interact with the bank's senior credit officers, capital markets group, private equity sponsors, company management, and other industry partners (e.g., law firms, accounting firms, industry experts, etc.).

Benefits

  • Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!

Visa & Work Authorization

  • Act as a key touchpoint for management and/or sponsor, including having quarterly update calls with CFOs to get more qualitative updates on borrower performance

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