Director, Portfolio Management

Jobtailor; New Haven (CT); On-site; USD 90,000 - 130,000; Full time

Job summary

Webster Bank in New Haven, CT is seeking a seasoned underwriting professional to lead due diligence, interface with clients, and produce underwriting documents for loan opportunities.

The role emphasizes financial modeling, risk assessment, and meticulous analysis using Excel and the Webster's Credit Management Platform. Collaboration with relationship managers and senior credit executives is essential to ensure accurate risk ratings and smooth loan closings.

Qualifications

• Bachelor’s degree in accounting/finance preferred.
• 4-7 years of relevant professional experience.
• Experience in Accounting/Finance/Banking roles preferred.
• Excellent analytical skills with strong attention to detail.
• Strong written and verbal communication skills.
• Proficient in Microsoft Office; financial modeling experience required.

Responsibilities

• Lead underwriting due diligence and prepare underwriting documents.
• Interface with clients and stakeholders to facilitate underwriting.
• Detail debt financings and company financials using Excel and Sageworks.
• Perform sensitivity analysis and financial modeling of projected cash flows.
• Draft approval narratives and identify risks and mitigating factors.
• Present underwriting memos to credit committee.
• Support legal documentation drafting and negotiations.
• Facilitate loan closings with commercial loan operations.
• Review financial statements, certificates and borrowing base reports.
• Engage with borrowers' CFOs for qualitative updates.

Skills

Underwriting Due Diligence

Financial Modeling

Risk Assessment

Microsoft Excel

Communication Skills

Education

Bachelor’s degree

Tools

Webster's Credit Management Platform

Sageworks

Microsoft Office Suite

PowerPoint

Job description

• Lead underwriting due diligence and partner with relationship managers and junior deal team members to produce deal screen and underwriting documents
• Interface with clients and other stakeholders to facilitate underwriting process
• Detail debt financings and company financials utilizing Excel and Webster’s credit management platform, Sageworks
• Perform sensitivity analysis and modeling of projected cash flows
• Draft approval document narrative, thoroughly identify all risks and mitigating factors, document variances to policy/procedures, and assign accurate risk grade
• Responsible for presenting underwriting memos to credit committee
• Support legal documentation drafting and negotiations
• Facilitate loan closing process with commercial loan operations
• Review, spread, and maintain periodic financial statements, compliance certificates and borrowing base reports
• Engage with borrowers' CFOs (or similar position) to get qualitative updates on performance
• Listen to annual or other interim lender update calls and ask questions, when appropriate
• Ensure the timely completion of renewals, annual reviews, and interim analyses.
• Ensure borrower is assigned an appropriate risk rating
• Present internal portfolio review memos to senior credit executives at periodic meetings
• Execute all amendments/waivers for existing borrowers
• Maintain ticklers, covenants, and borrower credit files
• Maintain customer information and data integrity on bank systems
• Ensure compliance with all regulations, policies, and procedures
• Generate new ideas and recommendations for continuous process improvement
• Represent Webster Bank as a brand ambassador at business and charitable events
• Participate in special projects on an as-needed basis.

Requirements

• Bachelor’s degree; courses in accounting and finance field preferred
• 4-7 years of prior professional experience or equivalent
• Professional experience in Accounting/Finance/Banking-related position is preferred
• Excellent analytic skills and attention to detail
• Strong written and verbal communication skills
• Strong competency in Microsoft Office suite – including Excel and PowerPoint; experience with financial modeling is required
• Good interpersonal skills with the ability to interface with relationship managers, portfolio managers, credit officers, clients, and senior management
• The ability to answer unstructured business questions and work independently to drive tasks to completion.

Core Competencies

Demonstrates expertise in underwriting due diligence, financial modeling, and risk assessment while effectively communicating with clients and stakeholders. Proficient in managing loan processes and ensuring compliance with regulations and policies.

Highest-signal resume keywords

• Underwriting Due Diligence
• Financial Modeling
• Risk Assessment
• Microsoft Excel
• Communication Skills

ATS Optimization Keywords

Hard Skills

• Financial Analysis
• Sensitivity Analysis
• Credit Risk Grading
• Loan Closing Process
• Document Drafting
• Data Integrity Management
• Compliance Monitoring
• Financial Statement Review
• Portfolio Management
• Process Improvement

Soft Skills

• Analytic Skills
• Attention to Detail
• Interpersonal Skills
• Independent Work
• Problem Solving

Industry Keywords

• Banking
• Finance
• Accounting
• Commercial Lending
• Risk Management

Tools & Technologies

• Webster's Credit Management Platform
• Sageworks
• Microsoft Office Suite
• PowerPoint