Director, Underwriter Leasing

Join to apply for the Director, Underwriter Leasing role at Webster Bank .

Founded in 1935, Webster Bank places people first—helping individuals, families, businesses, and colleagues achieve their financial goals. As a leading commercial bank, we are passionate about serving clients and supporting communities. Integrity, Collaboration, Accountability, Agility, Respect, and Excellence are our core values.

Position Summary

As part of the Commercial Bank, the Director of Underwriting Leasing supports Equipment Finance, collaborates with relationship managers, oversees underwriting of new commercial loans and leases, and manages the ongoing portfolio of existing lending relationships. The position functions as a player / coach, managing the day‑to‑day operations of the centralized underwriting team.

Responsibilities

• Lead underwriting due diligence, partner with relationship managers and craft high‑quality credit approval documents.
• Interface with clients and stakeholders to facilitate the underwriting process.
• Detail debt financings and company financials using Excel and Webster’s credit platform, Sageworks.
• Support credit approval discussions.
• Review, update, and maintain periodic financial statements and compliance certificates.
• Engage with borrowers’ CFOs (or similar) for qualitative performance updates.
• Ensure timely renewals, annual reviews, and interim analyses.
• Present portfolio review memos to senior credit executives.
• Monitor portfolio risk grades and produce quarterly problem asset reports for high‑risk credits.
• Maintain ticklers, covenant checks, document library, and other ancillary items in the credit system.
• Meet Credit Risk Review, audit, and OCC requirements.
• Ensure compliance with all regulations, policies, and procedures.
• Generate new ideas and recommendations for continuous process improvement.
• Participate in special projects as needed.

Qualifications

The estimated base salary range for this position is $140,000 to $160,000 USD, with additional incentive compensation.

Webster Financial Corporation and its subsidiaries are equal‑opportunity employers committed to 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, or disability.

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