Portfolio Analyst, Sponsor Finance 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!



Major Duties & Responsibilities



Portfolio Management for ~15 Existing Borrowers:

• Monitor a borrower's financial performance trends and liquidity via the review and entry of monthly, quarterly, and annual financial statements into the bank's internal portfolio management software


• Review quarterly compliance certificates to ensure accuracy and completion


• Engage with borrowers' CFOs (or similar position) to get more qualitative updates on performance


• Listen to annual or other interim lender update calls and ask questions, when appropriate


• Maintain borrower credit files


• Ensure appropriate borrower risk rating


• Prepare internal quarterly, semi-annual and/or annual review memos


• Present internal portfolio review memos to senior credit executives at semi-annual review meetings


• Work with the underwriting deal team to execute all amendments/waivers for existing borrowers

New Deal Underwritings:

• Shadow deal teams on new deal underwritings taking detailed notes on all diligence calls and in meeting


• Provide support when appropriate, including preparation of credit approval memos and modeling financial performance


• Become familiar with related deal credit documentation

Qualifications



You have:

• A BS/BA, preferably in Business, Finance, Accounting, Economics, or a related business field


• 1-3 years of work experience in an Accounting/Finance/Banking-related position (or Masters & 0-2 years)


• The ability to answer unstructured business questions and work independently to drive tasks to completion


• 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


• Superior written and verbal communication skills


• Proficient in Microsoft Office, including Word, Excel and PowerPoint

Even better:

• T&I industry experience at an investment bank or other institution


• Received or is in the process of achieving either the CFA or CPA professional certifications


• Experience working on leveraged loan transactions


• Financial modeling experience


• Graduate of a formalized credit training program

The estimated salary range for this position is $80,000 USD to $95,000 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.


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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