Associate, Sponsor and Specialty Finance, Technology

2 days ago

Boston MA United States Webster Bank Full time

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

Major Duties & Responsibilities

New Deal Underwritings:

  1. Screen new deal opportunities and provide quick feedback to senior members of the T&I team
  2. Lead all aspects of the new deal underwriting and diligence process, including:
    • Identifying all key risks
    • Reviewing data room materials and third-party reports
    • Leading diligence calls with sponsors, management, and other third-party firms (e.g., GLG)
    • Conducting other independent research
  3. Mentor and oversee junior deal team members (Analysts & Associates) and their work, including the financial projection model
  4. Manage internal approval process including ensuring (i) timely completion of internal investment committee approval write-ups and (ii) adherence to Webster’s internal underwriting policies and procedures
  5. Lead investment committee approval meetings and answer all diligence related questions
  6. Review and negotiate closing legal documents with the borrower and/or sponsor
  7. Manage internal loan closing process (including KYC) to ensure a smooth and timely closing for all counterparties

Portfolio Management for ~10-15 Existing Borrowers:

  1. Act as a key touchpoint for management and/or sponsor, including having quarterly update calls with CFOs to get more qualitative updates on borrower performance
  2. Mentor junior team members (Analysts & Associates) on best practices for sound portfolio management. Ultimately, VPs are responsible for overseeing and ensuring:
    • Appropriate borrower risk ratings each quarter
    • Timely receipt of borrowers’ financials and accuracy of borrowers’ financial compliance certificates
    • Accurate entry of borrower financials and credit KPIs into the bank’s internal portfolio management software platform
    • Completion of quarterly, semi-annual and/or annual reviews
    • Proper maintenance of borrower credit files
    • Adherence to Webster's internal portfolio management policies and procedures
  3. Provide a higher level of involvement/management on problem credits
  4. Lead all upsizes/amendments/waivers for existing borrowers
Qualifications

You have:

  1. A BS/BA, preferably in Business, Finance, Accounting, Economics, or a related business field
  2. 3-5 years of work experience in an Accounting/Finance/Banking-related position (or a Master’s degree and 1-3 years)
  3. Experience working in sponsor finance or on leveraged loan transactions
  4. The ability to answer unstructured business questions and work independently to drive tasks to completion
  5. Strong analytical skills and proficiency with financial statements
  6. Strong organizational skills
  7. Ability to work well with others and on teams
  8. Ability to work in a fast-paced environment
  9. Superior written and verbal communication skills
  10. Financial modeling experience
  11. Proficiency in Microsoft Office, including Word, Excel and PowerPoint
  12. Ability to travel

Even better:

  1. Tech or infrastructure industry experience at an investment bank or other institution
  2. Graduate of a formalized credit training program
  3. CFA or CPA professional certifications
  4. MBA

The estimated salary range for this position is $100,000 USD to $130,000 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.

#J-18808-Ljbffr

  • Associate Director for Sponsored Research

    1 day ago

    Northampton, MA, United States SRA International Full time

    Associate Director for Sponsored Research Overview Smith College has an opening for an Associate Director of Sponsored Research on the Grants and Sponsored Research team. The Associate Director is the primary contact at Smith for pre-award sponsored research administration. As a liberal arts college with a diverse, dynamic, and research-active faculty,...

  • Technology and Data Transactions Associate Attorney

    2 days ago

    Boston, MA, United States Direct Counsel, LLC Full time

    Direct Counsel is seeking a Technology and Data Transactions Attorney to join a prominent law firm’s Data Strategy, Security & Privacy team. This associate will work primarily on complex technology and data transactions, such as software licensing, cloud computing, and master service agreements across industries like healthcare, retail, fintech, and real...

  • Associate Director, Finance

    2 days ago

    Cambridge, MA, United States Massachusetts Institute of Technology (MIT) Full time

    ASSOCIATE DIRECTOR, FINANCE , MIT Investment Management Company (MITIMCo) - Operations Team, to be responsible for the financial reporting of investments in MIT's annual treasurer's report and ERISA plans and for issuing financial statements for MIT's special purpose investing entities. Will work with the Office of Vice President for Finance on the...

  • Senior Project Manager

    2 days ago

    Boston, MA, United States Ensunet Technology Group Full time

    About Ensunet Technology Group: Ensunet Technology Group is a world-class provider of IT enterprise architecture solutions, specializing in post-merger integration in the lightning-paced, no-margin-for-error world of M&A. Functioning as a rapid-response tiger team, Ensunet serves global Fortune 500 enterprises, as well as clients in the public,...

  • Associate Director of Finance

    3 days ago

    New Brunswick, NJ, United States Rutgers The State University Full time

    Rutgers The State University Associate Director of Finance New Brunswick, New Jersey Through our science, our evidence-based actions, our openness, and our respect for those we serve, we will advance cancer-focused research worldwide and reduce the burden of cancer in our catchment area. By engaging with and empowering our exceptionally diverse populations,...

  • Grants Finance Analyst, Schaefer School of Engineering and Science

    2 days ago

    Hoboken, NJ, United States Stevens Institute of Technology Full time

    Grants Finance Analyst, Schaefer School of Engineering and Science Apply locations Hoboken, NJ - Main Campus time type Full time posted on Posted 3 Days Ago job requisition id RQ28739 Job Description Working under the supervision of the Senior Financial Analyst, the Grants Finance Analyst will be responsible for working collaboratively with the Schaefer...

  • Strategic Finance Associate

    5 days ago

    New York, NY, United States Social Finance (SoFi) Full time

    Employee Applicant Privacy NoticeWho we are:Shape a brighter financial future with us.Together with our members, we're changing the way people think about and interact with personal finance.We're a next-generation financial services company and national bank using innovative, mobile-first technology to help our millions of members reach their goals. The...

  • Commercial Finance Associate Attorney

    3 days ago

    Boston, MA, United States Toni Group, LLC Full time

    Our client, an AmLaw 100 national law firm, is seeking a highly-qualified and motivated Commercial Finance Associate Attorney to join their Commercial Finance Group in Boston . Candidate Profile: JD from a top-tier law school with a strong academic record. Bar Admission in Massachusetts, or willingness to become admitted. 1+ years of meaningful...

  • Investment Banking Associate – Technology M&A

    4 weeks ago

    Boston, MA, United States Add Talent Full time

    We are looking to recruit an Investment Banking Associate – Technology M&A. Our client is a boutique investment bank specializing in mergers and acquisitions (M&A) within the technology sector. They pride themselves in deep industry knowledge and personalized service, helping clients navigate complex transactions and achieve their strategic goals. As they...

  • Commercial Finance Associate Attorney

    3 days ago

    Boston, MA, United States Cameron Craig Group Full time

    Our client, an AmLaw 100 national law firm, is seeking a highly-qualified and motivated Commercial Finance Associate Attorney to join their Commercial Finance Group in Boston . Candidate Profile: JD from a top-tier law school with a strong academic record. Bar Admission in Massachusetts, or willingness to become admitted. 1+ years of meaningful...

  • Sponsored Research Administrator

    6 months ago

    Boston, United States UMass Boston Full time

    General Summary:  Reporting to the Associate Director of ORSP Post Award Support Services, the Sponsored Research Administrator will coordinate all externally funded award actions (new awards, modifications and connected non-financial actions) to ensure consistent, compliant, and timely system setups and sponsor communications on behalf of the...

  • Associate Principal

    2 days ago

    Boston, MA, United States SSRN Full time

    Job OverviewCRA’s Finance practice helps our clients with high-profile, complex financial markets litigation. Typically, we are retained to quantify economic damages or to provide expertise about the structure, standards, and practices of financial markets. Our work often requires the development of fact-specific financial models to help our clients...

  • Mid-Level Associate

    1 day ago

    Boston, MA, United States Choate, Hall & Stewart LLP Full time

    Highly-qualified associate to join our diverse, fast-paced Debt Finance practice. The candidate will work on matters representing banks, private credit lenders, institutional investors, and corporate clients in a wide range of asset-based, acquisition and cash-flow financing transactions, junior capital investments, restructurings, and bankruptcy matters....

  • Senior Finance Manager

    2 days ago

    Boston, MA, United States The Post At Mint Hill Llc Full time

    Job Description How You'll Make an Impact: The Senior Finance Manager will be responsible for championing partnerships with leadership on the Product team. This person will be the main contact about financial data, forecasting, risks/opportunities, budgeting, expense and revenue. This individual will report directly to the Director of Finance and will work...

  • Director Corporate Finance

    1 month ago

    Boston, MA, United States SimpliSafe Full time

    About SimpliSafeWe’re a high-tech home security company that’s passionate about protecting the life you’ve built and our mission of keeping Every Home Secure. And we’ve created a culture here that cares just as deeply about the career you’re building. Ours is a no ego culture of collaboration and innovation where those seeking their next challenge...

  • Technology Associate Metallurgist Development Program

    3 weeks ago

    Reading, PA, United States Carpenter Technology Full time

    Carpenter Technology Corporation is a leading producer and distributor of premium specialty alloys, including titanium alloys, nickel and cobalt based superalloys, stainless steels, alloy steels and tool steels. Carpenter's high-performance materials and advanced process solutions are an integral part of critical applications used within the aerospace,...

  • Senior Finance Manager

    2 days ago

    Boston, MA, United States Thegradcafe Full time

    Job Description How You'll Make an Impact: The Senior Finance Manager will be responsible for championing partnerships with leadership on the Product team. This person will be the main contact about financial data, forecasting, risks/opportunities, budgeting, expense and revenue. This individual will report directly to the Director of Finance and will work...

  • Technology Associate Metallurgist Development Program

    2 weeks ago

    Mount Penn, PA, United States Carpenter Technology Full time

    Carpenter Technology Corporation is a leading producer and distributor of premium specialty alloys, including titanium alloys, nickel and cobalt based superalloys, stainless steels, alloy steels and tool steels. Carpenter's high-performance materials and advanced process solutions are an integral part of critical applications used within the aerospace,...

  • Finance Transaction Associate

    3 days ago

    New York, NY, United States JBA International Full time

    Our client is actively recruiting a mid-level Finance Transaction Associate (hybrid) candidate to join the Finance Transactions Team for our New York, NY office. Preference will be given to candidates with significant experience in documenting and closing corporate debt finance transactions , including secured and unsecured, syndicated, and bilateral...

  • Director of Finance Technology

    3 days ago

    Pleasant Prairie, WI, United States Uline Full time

    Director of Finance Technology Corporate Headquarters 12575 Uline Drive, Pleasant Prairie, WI 53158 Transform finance operations for a growing North American company! As Director of Finance Technology for Uline, you’ll oversee the integration of technology with finance, managing key projects and guiding a talented team to support our expanding business....