Managing Director - Commercial Underwriter / Portfolio Manager Health Care Finance

Webster Bank; New York (NY); On-site; USD 175,000 - 215,000; Full time

Job summary

Webster Bank is seeking an experienced professional to lead credit origination and underwriting for portfolio clients. The role involves managing relationships, preparing credit documents, and training team members. Ideal candidates will have extensive experience in commercial banking, particularly in the healthcare sector, along with strong analytical and communication skills.

Qualifications

• 10+ years in commercial banking, commercial finance, or private credit.
• Healthcare industry experience.

Responsibilities

• Lead credit origination and underwriting of new loans.
• Coordinate with Relationship Managers on underwriting and closing.
• Prepare detailed credit approval documents.

Skills

Interpersonal Skills

Communication

Organizational Skills

Analytical Skills

Education

Bachelor’s degree in accounting or finance

MBA

Tools

MS Word

Excel

PowerPoint

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!

Responsible for leading the credit origination and underwriting of new loans for portfolio clients and manage portfolio relationships.

Responsibilities:

• Coordinate with BU Head and Relationship Managers with all facets of underwriting and closing senior debt financings and related credit requests for new and existing customer relationships.
• Consult and partner with Relationship Managers in recommending loan structure, preparation of financing proposals, and negotiation of terms with clients.
• Prepare high quality, detailed credit approval documents containing an in-depth analysis and understanding of the transaction, customer, industry, and market trends/fundamentals identifying key issues and risks.
• Spearhead transaction process and lead all diligence activities, prepare financial models, prepare pre-screen and final credit approval documents requests in accordance with the bank’s credit policies and procedures; present and lead credit committee discussion, manage all facets of transaction closing with product partners (Treasury, Portfolio, Operations), coordinate with Loan Syndication in managing lender syndicate.
• Assist in training and development of credit analysts and underwriters; develop skills and knowledge of team members through effective coaching and professional development opportunities. Continuously improve the quality and consistency of the team's underwriting and portfolio management activities.
• Manage an assigned portfolio of loan accounts, maintain deep understanding of client business, industry trends and markets, pro-actively monitor client financial performance and risk profile and credit risk grade, respond to client credit requests, advocate appropriate actions to BU Head and Senior Credit Officers.
• Demonstrate an in-depth knowledge of Webster credit products and services, and the ability to form trusted and consultative relationships with clients.

Education, Skills & Experience

• Bachelor’s degree in accounting or finance; MBA a plus
• 10 plus years in commercial banking, commercial finance, private credit
• Healthcare industry experience
• Great interpersonal skills with ability to interface with relationship managers, portfolio managers, senior credit officers, clients, and senior management.
• Proven ability to manage and cultivate client relationships
• Well organized and ability to work independently in a fast-paced environment
• Strong commercial lending experience, formal credit training or experience in senior underwriter role
• Strong written and verbal communication skills
• Strong corporate finance, credit analytical skills, and proficiency in financial statement analysis
• Proficient in MS Word, Excel, and PowerPoint

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The estimated salary range for this position is $175,000.00 to $215.00.00. 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.