Managing Director Sponsor Finance

Overview

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As Head Portfolio Manager for Webster Bank's Healthcare Sponsor Finance team, you will be responsible for all portfolio management activities for cash flow-based investments in PE-backed transactions. This leadership position includes coordinating junior resources to ensure required portfolio reviews, waivers, amendments and incremental credit extensions are processed in accordance with Webster Bank Credit Policies. You will be a meaningful contributor and assume increasing levels of responsibility that encompasses portfolio, underwriting and communicating with key stakeholders. Position would be located in either Stamford, CT or New York, NY.

Key Responsibilities

• Working with junior resources to ensure timely input and data integrity of client financials into Webster Bank's electronic portfolio management system.
• Oversight and presentation of quarterly and annual reviews to credit committee.
• Development and ongoing monitoring of portfolio analytics.
• Management and coordination of all post-close borrower requests including waivers, amendments, extensions.
• Working with lead underwriters in conducting due diligence and presenting incremental requests for capital to investment committee. Throughout this process the Head PM will mentor junior deal team members and interact with multiple stakeholders, including business development officers, deal underwriters, senior credit officers, capital markets, private equity sponsors, company management, as well as legal counsel and operations personnel.
• Involvement in new deal underwriting and execution as time / capacity permits.

Required Qualifications

Desired Qualifications

The estimated salary range for this position is $200,000.00 to $245,000.00. 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.

Job Details

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