Portfolio Manager, Middle Market
Company: Webster Bank group
Location: New York
Posted on: March 4, 2025
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Job Description:
Portfolio Manager, Middle MarketApply locations NY 360 Lexington
Ave NY LI Jericho NY WP Hamilton time type Full time posted on
Posted 3 Days Ago job requisition id R25_0000000254If 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!This Is What
You Will Do (Position Summary)At Webster Bank, our financial
intermediation activities are organized broadly around three
distinct lines of business: the Consumer Bank, the Commercial Bank,
and HSA Bank. This position will be aligned with the Commercial
Bank.Commercial Banking delivers solutions to a wide range of
companies, investors, government entities, and other public and
private institutions. We help our clients achieve their business
and financial goals through our deep expertise in Commercial &
Institutional Lending, Commercial Real Estate, Capital Markets,
Capital Finance and Treasury Management. Our Wealth Management team
pairs holistic wealth solutions, including tailored lending, with
commercial banking services, helping our clients achieve their
financial goals.The Associate, Portfolio Management role will work
within the Commercial Banking Underwriting and Portfolio Management
group that supports the Not-For-Profit, Law Firm Banking, and
Regional Banking divisions. The positions will partner with
portfolio and relationship managers to support (i) underwriting
commercial loans for not-for-profit and for-profit businesses and
(ii) the ongoing portfolio management of existing lending
relationships. Responsibilities will include conducting
underwriting due diligence, financial analysis of borrowers and
guarantors, preparation of internal credit memos, presentation of
underwriting diligence and portfolio management results to credit
committee, monitoring covenant compliance, risk ratings and credit
quality of the portfolio, and other activities in support of the
region's overall goals. Throughout the process the Portfolio
Manager will interact with multiple internal and external
stakeholders, including credit professionals, capital markets,
company management, legal counsel, and operations personnel.This
position will acquire business unit and organizational knowledge,
gain exposure to senior leadership, and accelerate their
development at Webster through formal and informal training
programs.You Will Be Responsible For (Major Duties and
Responsibilities)Underwriting
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Keywords: Webster Bank group, New York , Portfolio Manager, Middle Market, Executive , New York, New York
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