Senior Associate, Sponsor and Specialty Finance - Technology & Infrastructure

If you’re looking for a meaningful career, you’ll find it here nded 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!

• Screen new deal opportunities and provide quick feedback to senior members of the T&I team.
• Lead all aspects of the new deal underwriting and diligence process, including:
  • Identifying all key risks.
  • Reviewing data room materials and third‑party reports.
  • Leading diligence calls with sponsors, management, and third‑party firms such as GLG.
  • Conducting independent research.
• Mentor and oversee junior deal team members (Analysts & Associates) and their work, including financial projection models.
• Manage the internal approval process, ensuring timely completion of investment committee write‑ups and adherence to Webster’s internal underwriting policies.
• Lead investment committee approval meetings and answer all diligence‑related questions.
• Review and negotiate closing legal documents with borrowers and/or sponsors.
• Manage the internal loan closing process, including KYC, to ensure a smooth and timely closing for all counter parties.

• Act as a key touchpoint for management and/or sponsor, including quarterly update calls with CFOs to get qualitative updates on borrower performance.
• Mentor junior team members on best practices for sound portfolio management, ensuring:
  • Appropriate borrower risk ratings each quarter.
  • Timely receipt and accuracy of borrowers’ financial statements and compliance certificates.
  • Accurate entry of borrower financials and credit KPIs into the bank’s internal portfolio management software platform.
  • Completion of quarterly, semi‑annual, and/or annual reviews.
  • Proper maintenance of borrower credit files.
  • Adherence to Webster’s internal portfolio management policies and procedures.
• Provide higher level involvement in managing problem credits.
• Lead all upsizes, amendments, and waivers for existing borrowers.

• A BS/BA, preferably in Business, Finance, Accounting, Economics, or a related business field.
• 5–7 years of work experience in an Accounting/Finance/Banking‑related position (or a Master’s degree and 1–3 years).
• Experience working in sponsor finance or leveraged loan transactions.
• The ability to answer unstructured business questions and work independently to drive tasks to completion.
• Strong analytical skills and proficiency with financial statements.
• Strong organizational skills.
• Ability to work well with others and on teams.
• Ability to work in a fast‑paced environment.
• Superior written and verbal communication skills.
• Financial modeling experience.
• Proficiency in Microsoft Office, including Word, Excel and PowerPoint.
• Ability to travel.

• Tech or infrastructure industry experience at an investment bank or other institution.
• Graduate of a formalized credit training program.
• CFA or CPA professional certifications.
• MBA.

The estimated base salary range for this position is $ to $. 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.