Portfolio Analyst, Sponsor & Specialty Finance

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!

As an Analyst in the Business and Information Services group, you will have 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 or Director, and Managing Director). Additionally, you will have the opportunity to interact with the bank’s senior credit officers, private equity sponsors, portfolio company management teams, 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 complete deal process from loan origination through to post-closing portfolio management.

Major Duties & Responsibilities:

Portfolio Management for ~10-15 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 borrower 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:

• In time and when appropriate, provide support on new deals in the following capacities:
  • Shadow deal teams on new deal underwritings and taking detailed notes on all diligence calls
  • Preparation of credit approval memos and modeling projected financial performance
  • Become familiar with related deal credit documentation

Education, Experience & Skills

 Required Qualifications:

• A BS/BA, preferably in Accounting, Finance, Economics, or Mathematics
• Prior internship or work experience in an Accounting/Finance/Banking-related position
• The ability to answer unstructured business questions and work independently to drive tasks to completion

• Strong analytical skills and proficiency with financial statements
• High level of attention to detail
• 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        

Other Desired/Beneficial Qualifications:

• Internship working on leveraged loan transactions
• Internship in the any of the BIS group’s subsectors at an investment bank or other institution
• Financial modeling experience

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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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.