Senior Associate, Commercial Loan Servicing

Overview

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.

• Deliver high-quality professional service to internal and external customers, ensuring requests are processed accurately within established credit guidelines and departmental procedures.
• Read and understand all commercial loan documents including notes, agreements, and understand how the data is set up on the required loan system.
• Perform completeness checks to ensure system matches executed documents; ensure knowledge of Commercial lending products and services.
• Process loan portfolio seamlessly and accurately and anticipate business needs.
• Handle more complex commercial loan transactions (syndications, etc).
• Monitor delinquencies and evaluate loan issues—resolving as needed.
• Receptive to increasing levels of responsibilities and additional process improvement projects at management’s request.
• Ensure the timely clearing of cash, suspense and WIP accounts.
• Reconcile and verify any investor lists (Excel templates) are accurate with ACBS.
• Adhere to Department policies and procedures and ensure data input is accurate.
• Perform other loan-related and miscellaneous tasks (e.g., break funding, DDA related, manual entries, manual statements, etc.).

• Strong analytical skills, detail oriented.
• Ability to effectively multitask in a fast-paced environment.
• Time management and strong interpersonal skills.
• Ability to challenge the status quo and open to change.
• Effective problem-solving skills as well as oral and written communication skills.
• Self-starter with ability to work well independently as well as with a team.
• Ability to set priorities, develop a work schedule, monitor progress toward goals and track activities.
• Working knowledge of Microsoft Office product suite.
• Working knowledge of Commercial Loan Systems—ACBS, preferred.
• Education:
  
  H.S. Diploma or General Education Degree (GED) required.
• Bachelor’s Degree in Arts/Sciences (BA/BS) preferred.
• Advanced degrees (Associates, Bachelor's, and/or Master's) preferred.
• Experience:
  
  0-2 years Accounting, financial experience preferred.

The estimated salary range for this position is $32.12 USD to $34.00 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.

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.