Analyst, Portfolio Analyst

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!

• A specialized team of approximately 70 dedicated investment professionals, the Sponsor & Specialty group prides itself on maintaining an atmosphere that encourages teamwork, self-empowerment, and work/life balance. As an Analyst within the SSF group, you will be given the unique opportunity to work with many different professionals who have diverse backgrounds and varying industry expertise (a typical deal team includes an Analyst, Associate, Vice President, and Managing Director).
  Additionally, you will be given the opportunity to interact with the bank’s senior credit officials, private equity Sponsors, company management, and other industry partners (e.g., law firms, accounting firms, industry experts, etc.). Overall, you will be an integral member of the deal team that is responsible for the entire deal process from loan origination to post-closing portfolio management.
• Job Description

Job Description

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 $85,000.00to $95,000.00. 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.

Webster Financial Corporation and its subsidiaries (“Webster”) are equal opportunity employers that are committed to sustaining an inclusive environment. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, marital status, national origin, ancestry, citizenship, sex, sexual orientation, gender identity and/or expression, physical or mental disability, protected veteran status, or any other characteristic protected by law.