Senior Underwriter, Asset Based Lending Expert

3 weeks ago


Lexington, United States Webster Bank Full time
About the Role

We are seeking a highly skilled Senior Underwriter to join our Asset Based Lending Group at Webster Bank. As a critical contributor to our new business effort, you will work collaboratively with our business development team to execute credit-related activities and bring new business to close.

Key Responsibilities
  • Collaborate with Business Development Officers to develop ABL loan structures that manage risk and conform to bank policies and procedures.
  • Prepare high-quality credit approval documents and deal screens that contain in-depth analysis and highlight credit issues, risks, and mitigants.
  • Lead due diligence process during credit approval, including stakeholder meetings, third-party reporting, and closing commercial loans.
  • Participate in projects to improve and streamline the credit delivery process.
Requirements
  • Bachelor's degree in a related field required; MBA preferred.
  • 7-10 years of experience in ABL underwriting.
  • Proven ability to work collaboratively in pressure situations, meeting deadlines.
  • Strong quantitative and qualitative analytic skills, with sound independent judgment.
  • Superior verbal and written communication skills.
  • Detail-oriented with organizational skills and proficiency in MSOffice product suite.
What We Offer

This position is eligible for incentive compensation and offers a competitive salary range of $140,000 to $170,000 USD. As a hybrid role, you will be based in our New York City office and required to travel for management meetings and diligence tours.

We are an equal opportunity employer and welcome applications from all qualified candidates.



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