Senior Managing Director, Sponsor Healthcare at Webster Bank in Boston, Massachusetts

Job Description:

Job Description



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!



Responsibilities:



Develop and execute macro and micro "go to market" and portfolio build strategies


Develop leverage finance relationships with private equity firms, investment banks, and other industry participates to originate direct senior debt investment opportunities.


Maximize revenue per customer relationship by cross selling ancillary banking products and services including deposits, treasury services, hedging, HSA, etc.
Assist in syndication process of underwritten deals and best efforts arrangements.
Manage a team of underwriters and portfolio managers to book and manage a sizeable portfolio of new senior debt investments.
Facilitate due diligence processes with Bank's internal underwriting teams.


Ensure compliance with prudent risk management polices and procedures to protect the safety and soundness of the Bank.
Advocate for new deals in credit approval process. Develop and maintain deep understanding of customer's financial condition and needs.


Manage all human resources aspects of the healthcare services team, including employee development, mentoring, performance reviews, and compensation awards.



Education, Skills & Experience:

• Bachelor's Degree in finance, business, accounting, economics, or related field required; advanced degree, CFA, or CPA a plus.


• 20+ years of experience in leverage finance originations, structuring, underwriting particularly in the middle market healthcare services industry.

The estimated salary range for this position is $275,000 USD to $325,000 USD. 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.



All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. Apply Now