Hybrid Manager, Portfolio Management

at Webster Bank

• Job title: Manager, Portfolio Management
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: $120,000 - $130,000 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Southington, United States

About the role

• Manager of commercial loan portfolio at Webster Bank. Overseeing credit quality maintenance and customer service while collaborating with team on product cross-selling.

Responsibilities

• Monitor and maintain an assigned commercial loan portfolio and alert senior management to issues which affect portfolio quality.
• Manage the renewal and modification process for loans and lines of credit by performing the underwriting and closing processes to ensure timely document execution.
• Perform routine, thorough credit/financial reviews of relationships in an assigned loan portfolio and ensure accurate risk grades and data integrity at all times.
• Perform routine site visits to meet with company management, collect financial information, discuss new lending opportunities.
• Support and deliver superior customer service to business relationships to bring consistent customer experiences throughout the Bank’s footprint.
• Support the Bank’s loan payment collection efforts to remain within targets for past dues and charge-offs and identify and support the transfer of problem loans to the Commercial Loan Workout Group.
• Participate, and take a leading role when necessary, in Continuous Improvement initiatives and/or assist with the training of junior staff members.

Requirements

• Bachelor’s Degree required - Business, Finance, Accounting or Economics preferred
• Minimum 5-7 years of related banking experience – Commercial credit experience required with the completion of a formal credit training program preferred.
• Strong credit skills with the capacity to evaluate strengths and weaknesses of a wide variety of credit facilities.
• Must be service oriented and possess strong interpersonal, organizational and communication skills.
• Must be comfortable in customer contact situations including potential work-out/loan restructure environments.
• Ability to multi-task, prioritize work to meet deadlines and work both independently and within a team structure
• Previous leadership experience preferred, but not required

Benefits

• Professional development opportunities
• Incentive compensation