Portfolio Manager Job at Webster Financial Corp

Webster Financial Corp Southington, CT 06489

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!

Position Summary:
Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!

  • Monitor and maintain an assigned Business Banking loan portfolio and alert senior management to issues which affect portfolio quality.
  • Manage the renewal and modification process for loans and lines of credit by performing the underwriting and closing processes to ensure timely document execution.
  • Perform routine, thorough credit/financial reviews of relationships in an assigned loan portfolio and ensure accurate risk grades and data integrity at all times.
  • Identify revenue generation and cross-sell opportunities for existing customers and work closely with Relationship Management Sales team.
  • Support and deliver superior customer service to business relationships to bring consistent customer experiences throughout the Bank’s footprint.
  • Support the Bank’s loan payment collection efforts to remain within targets for past dues and charge-offs and identify and support the transfer of problem loans to the Commercial Loan Workout.
Education & Skill Requirements:
  • Bachelor’s Degree required - Business, Finance, Accounting or Economics preferred
  • Minimum 3-5 years of related banking experience – Commercial credit experience required with the completion of a formal credit training program preferred.
  • Strong credit skills with the capacity to evaluate strengths and weaknesses of a wide variety of credits.
  • Must be service oriented and possess strong interpersonal, organizational and communication skills.
  • Must be comfortable in customer contact situations including potential work-out/loan restructure environments.
  • Ability to multi-task, prioritize work to meet deadlines and work both independently and within a team structure.
The estimated salary range for this position is $95,000 to $110,000. 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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Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled


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