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MD Segment Credit-Equipment Finance
| Company | Webster Bank |
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| Location | Waterbury, CT, USA |
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| Salary | $185000 – $210000 |
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| Type | Full-Time |
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| Degrees | Bachelor’s |
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| Experience Level | Senior |
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Requirements
- Bachelor’s degree in finance preferred
- Prior experience with Equipment Finance credit decisioning highly desirable
- Strong analytical skills
- Strong communication skills
- Ability to collaborate with deal teams
Responsibilities
- Serve as credit partner for all new business and portfolio activities in assigned EF segment within delegated credit authority.
- Credit decisioning for all new and incremental credit exposure, as well as review and approval of other credit related activities (e.g., waivers, amendments, rating changes).
- Conduct detailed review of posted credit materials prior to credit committee. Utilize delegated credit authority to provide approvals, declines or other conditional feedback (i.e., circumstances under which credit may support a transaction).
- Ensure consistent application of and adherence to relevant credit policy.
- Review and approve annual reviews, interim reviews and PAR documents as required per credit policy.
- On a quarterly basis, analyze exceptions and concentration levels relative to stated tolerance levels; provide narrative on quarter-over-quarter changes; formulate follow up action items if necessary.
- Interface with other key constituents in the deal, credit and portfolio process, including Asset Management, Collections, Credit Reporting, Portfolio Analytics, Credit Policy, Credit Risk Review, and Commercial Loan Workout.
- Participate in portfolio reviews, Watch & Worse, and PAR meetings.
- Ensure risk rating accuracy.
- Monitor and enforce accurate and consistent use of credit related systems (e.g., Sageworks).
Preferred Qualifications
- Bachelor’s degree in finance preferred
- Prior experience with Equipment Finance credit decisioning highly desirable
