Portfolio Analyst, Sponsor and Specialty Finance, General Industries

Webster Bank; New York (NY); On-site; USD 80,000 - 95,000; Full time

Job summary

An established industry player is seeking a motivated Analyst to join their dynamic team. This role offers the opportunity to engage in due diligence for cash flow transactions, prepare financial models, and collaborate with various stakeholders. You will be part of a team that provides senior secured commercial loans to middle-market companies, facilitating acquisitions and financing growth. If you are passionate about finance and eager to make a meaningful impact, this position is perfect for you. Join a company that values integrity, collaboration, and excellence, and take the next step in your career with robust development opportunities.

Qualifications

• 1-2 years of experience in leveraged finance at a bank or finance company.
• Graduate of a formalized credit training program preferred.

Responsibilities

• Assist deal team in due diligence for new cash flow transactions.
• Prepare financial models and credit approval documents.
• Manage and monitor portfolio accounts.

Skills

Analytical Skills

Written Communication

Verbal Communication

Financial Statement Modeling

Ability to Work Independently

Education

Bachelor's Degree in Business

Bachelor's Degree in Finance

Bachelor's Degree in Accounting

Bachelor's Degree in Economics

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

Key responsibilities include:

1. Assisting the deal team in the due diligence process for new cash flow transactions, inclusive of both financial and qualitative due diligence.
2. Preparing pre-screen memos and credit approval documents for presentation to credit committee.
3. Preparing financial models.
4. Assisting in the closing process on new transactions.
5. Management and ongoing monitoring of portfolio accounts.

Throughout this process, the Analyst will have the opportunity to interact with multiple stakeholders including senior origination officers, deal underwriters, senior credit officers, capital markets professionals, private equity sponsors, company management, as well as legal counsel and operations personnel.

Required Qualifications:

1. Bachelor's Degree in Business, Finance, Accounting, Economics, or equivalent work experience.
2. 1-2 years of experience in leveraged finance at a commercial bank, investment bank or finance company with strong commercial credit experience.
3. Superior written and verbal communication skills.
4. Strong analytical skills and proficiency with financial statement modeling.
5. Experience underwriting middle market cash flow transactions.
6. Ability to work in a fast-paced environment with limited supervision.
7. Graduate of a formalized credit training program is preferred but not required.

Business Unit Overview

Webster Bank Sponsor Finance provides senior secured commercial loans to middle-market companies, typically backed by private equity capital. Our loans are used by clients to facilitate acquisitions, fund working capital, finance growth/capital expenditures, and restructurings. This position will focus on general commercial industries, but the Sponsor Finance team also has dedicated specialty lending verticals that cover healthcare, technology & infrastructure, and aerospace & defense. We are headquartered in Boston, MA and have offices in Stamford, CT and New York, NY.

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.

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.