Senior Associate Commercial Loan Servincing

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!

Involves supporting the accurate and timely booking of commercial loans into the bank's core systems. Will be responsible for data entry, document review, and the onboarding of new loans, renewals, and modifications.

What you will do

• Accurately input loan data, terms, and conditions into the bank's loan booking systems based on approved documentation.
• Review loan documents (e.g., credit agreements, promissory notes) for completeness and accuracy prior to booking.
• Onboarding of new commercial loans, renewals and modifications, ensuring all required fields are populated correctly.
• Verify the integrity of data entered, cross-referencing with source documents.
• Support the team in researching and resolving discrepancies or data entry issues.
• Learn and apply internal policies, procedures and basic regulatory guidelines related to commercial loan servicing.
• Collaborate with managers to understand and improve booking/servicing workflows.
• Assist with departmental administrative functions and special projects as needed.

Skills and Abilities

• Strong analytical skills, detail oriented
• Ability to effectively multitask in a fast paced environment
• Time management and strong interpersonal skills
• Ability to challenge the status quo and open to change
• Effective problem-solving skills as well as oral and written communication skills
• Self-Starter with ability to work well independently as well as with a Team
• Ability to set priorities, develop a work schedule, monitor progress toward goals and track activities.
• Working knowledge of Microsoft Office product suite
• Working Knowledge of Commercial Loan Systems - ACBS, preferred

Education Qualifications

• H.S. Diploma or General Education Degree (GED) required
• Bachelor’s Degree in Arts/Sciences (BA/BS) Candidates with advanced degrees (Associates, Bachelor's, and/or Master's) preferred
• Candidates with some combination of coursework and experience, or extensive related professional experience, are eligible for consideration.

Experience Qualifications

• 0-2 years Accounting, financial experience preferred

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Webster Financial Corporation and its subsidiaries (“Webster”) are equal opportunity employers that are committed to sustaining an inclusive environment. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, marital status, national origin, ancestry, citizenship, sex, sexual orientation, gender identity and/or expression, physical or mental disability, protected veteran status, or any other characteristic protected by law.