What are the responsibilities and job description for the Senior Managing Director, Sponsor Finance position at Webster Bank?
Senior Managing Director, Sponsor Finance
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 Senior Managing Director, Sponsor and Specialty Finance Group, will be responsible for the origination and structuring of direct, lead opportunities for equity-sponsored cash flow senior debt transactions.
MAJOR DUTIES & RESPONSIBILITES :
- Execute on highly focused prospecting activities.
- Develop strategic leverage finance relationships with private equity firms, investment banks, and other industry participants to originate direct senior debt investment opportunities.
- Assist in the syndication process of underwritten deals and best-efforts arrangements.
- Manage a team of underwriters and portfolio managers to book and manage a sizeable portfolio of new senior debt investments.
- Facilitate due diligence processes with the Bank's internal underwriting teams.
- Advocate for new deals in the credit approval process. Develop and maintain a deep understanding of customer's financial condition and needs.
- Demonstrate in-depth knowledge of Webster products, services, and capabilities.
- Represent Webster in the local community.
EDUCATION, EXPERIENCE & SKILLS
Compensation
The estimated salary range for this position is $275,000 USD to $325,000 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.
About Us
Being passionate about making a difference in people's lives is what working at Webster is all about. Since our founding in 1935, we've maintained a values-guided culture. Whether it’s helping someone buy their first home or build a business, you’ll be part of a caring team that goes above and beyond for our customers, communities, and each other.
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.
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Salary : $325,000
