Senior Associate, Aerospace, Defense and Environmental

Senior Associate Position Summary

Manage a portfolio of approximately 10-15 existing borrower accounts and help lead new deal underwriting processes. Additionally, mentor junior deal team members (e.g., interns, analysts, and associates) where appropriate. As a Senior Associate within the Aerospace and Defense group, you will work with a diverse deal team and interact with senior credit officials, private equity sponsors, company management, and industry partners.

• Review and analyze monthly, quarterly, and annual financial statements to monitor borrower performance trends and liquidity.
• Review quarterly compliance certificates to ensure accurate completion.
• Communicate with the borrower’s CFO to obtain qualitative performance updates.
• Listen to annual or interim lender update calls and ask questions when appropriate.
• Ensure appropriate borrower risk rating and process internal rating upgrades/downgrades.
• Maintain borrower credit files and enter quarterly financial data and covenant compliance into Baker Hill.
• 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 original underwriting deal team to prepare and execute all amendments/waivers for existing borrowers.
• Maintain a more complex portfolio of borrower accounts, including syndicated bank group assignments.
• Support lead underwriter on new deal diligence.
• Review data‑room materials and third‑party reports.
• Build the projected financial model.
• Help prepare internal credit approval memos.
• Manage the loan closing process.

• Bachelor’s degree in Business, Finance, Accounting, Economics, or equivalent.
• 3-5 years of work experience in an accounting/finance/banking‑related position.
• Strong analytical skills and proficiency with financial statements.
• High 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.
• Proficiency in Microsoft Office (Word, Excel, PowerPoint).
• Experience with leveraged loan transactions.
• Sponsor‑industry experience at an investment bank or other institution.
• Graduate of a formalized credit training program.
• Received or pursuing CFA or CPA professional certifications.
• MBA.

The estimated base salary range for this position is $120,000 to $138,000. Actual salary may vary depending on job‑related factors and location. This position is also 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.