Start Date
Immediate
Expiry Date
28 Oct, 25
Salary
200.0
Posted On
28 Jul, 25
Experience
8 year(s) or above
Remote Job
Yes
Telecommute
Yes
Sponsor Visa
No
Skills
Management Skills, Communication Skills, Analytical Skills, Diplomacy, Covenants
Industry
Financial Services
JOB DESCRIPTION
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!
Job Summary:
Managing Director level workout professional with broad experience in managing a portfolio of adversely classified loans, with a focus on maximizing recovery and minimizing losses. Significant experience (at least 8 years) of managing adversely classified loans. Actively participate and lead such key processes (if requested) as Impairments, PAR, Key Credit Metrics and Watch and Worse for assigned portfolio. Operate as a senior member of the CLW Sponsor & Specialty/ABL team. Mentor junior colleagues and act as a Subject Matter Expert relative to working out adversely classified loans.
Key Responsibilities:
Experience
The estimated salary range for this position is $200,00USD to $225,000USD. 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.
How To Apply:
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