Webster Bank
Senior Associate, Sponsor and Specialty Finance - Technology & Infrastructure
MA Boston, USA · Senior
Sponsorship not specified$10k-$15kDetected 141 days ago
Financial ModelingAccountingExcelResearchCommunicationCollaborationMentoringOrganizational SkillsMicrosoft OfficeUnderwritingCFA
Stay score
odds of building a lasting career here
37Risky
Cap-exempt (no lottery)0
Sponsors this role80
Entry-level history0
PERM / green-card track0
Lottery odds (Level I)39
Fits your clock70
Thin sponsorship signal and lottery-bound (~15% per draw). A low-probability bet with your clock running. Prioritize cap-exempt roles and proven entry-level sponsors first.
Lottery odds assume a STEM candidate.
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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
- Lead all upsizes/amendments/waivers for existing borrowers
- The ability to answer unstructured business questions and work independently to drive tasks to completion
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
- Completion of quarterly, semi-annual and/or annual reviews
Company info
- 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.
Visa & Work Authorization
- Review and negotiate closing legal documents with the borrower and/or sponsor
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This listing is sourced directly from Webster Bank's careers page and normalized into a canonical job model.