Director - Liquid Credit

Director Liquid Credit Group

If 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!

The Director Liquid Credit Group will manage and execute underwriting and portfolio management activities within the Liquid Credit Group. The Director will directly engage in the evaluation, underwriting and monitoring of individual assets, while supervising junior staff in the same capacities. Ensuring that (new issue) underwriting activities are addressed in a time sensitive manner and will divide / delegate responsibility of portfolio assets (while assuming direct responsibility for select names). Assist Group Head with active / proactive monitoring of market and industry developments to promote portfolio optimization. Oversee effective execution of settlements / middle office activity and assist with internal reporting. Position is to be NYC-based (flexibility possible).

Responsibilities :

• Direct engagement in portfolio management activities with an emphasis on underwriting and asset monitoring.
• Manage junior staff to ensure that underwriting, due diligence and monitoring process are executed with the utmost accuracy, efficacy and timeliness.
• Review and management of loan documentation.
• Oversight of all (internal) credit documentation and financial modeling, including original underwriting(s) and reviews.
• Assist with evaluation of market, macroeconomic and fundamental industry trends to ensure portfolio optimization within applicable relative value framework.
• Manage aspects of junior staff team mentoring and engagement.
• Manage / oversee effective execution of settlements workflows and support internal reporting requirements

Education, Skills & Experience :

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.