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 Description
The Managing Director is a seasoned, experienced banker that is viewed as a trusted advisor to clients and can manage and develop a portfolio of relationships with a specialty focus on the Law Firm segment that lead to deposits, loans and other revenue generating products and services. In this role, assistance is given to the Senior Managing Director with the management of the team’s sales and service efforts to ensure retention and deepening of existing relationships and growth of new relationships. The Managing Director will contribute to the team’s growth and profitability with an extensive focus on deposit growth including escrow/trust accounts, operating deposits accounts, business development and client cross sell activities for the relationship team, by maintaining high quality loans through the support of underwriting and cash management functions.

EXPERIENCE, SKILLS & EDUCATION:

• For this position, you must have at least 8 years of experience developing relationships with law firms.
• Candidates with advanced degrees (Associates, Bachelor’s, and/or Master’s) preferred, yet a High School diploma or GED is required. Candidates with some combination of coursework and experience, or else extensive related professional experience, are eligible for consideration.
• Ability to build and expand trusting relationships and partnerships.
• Knowledge of banking regulations, lending policies, procedures and techniques and well demonstrated understanding of loan risk factors a plus.
• Knowledge of credit and financial analysis techniques and accounting is a plus.
• Exceptional business development skills
  

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The estimated salary range for this position is $175,000.00 to $200,000.00. 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.
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

• Develop/maintain extensive book of Law Firms, network of attorneys, business contacts, community leaders, executive management clients, prospect opportunities and referral sources, in order to generate revenue.
• Support Team Leader/Senior Managing Director with growing/retaining Law Firm relationships by coordinating and supporting all aspects of relationship; ensure appropriate resources are dedicated to facilitating successful outcome.
• Develop and deliver effective proposals for presentation to existing and potential clients.
• Ensure compliance with all regulations, policies, and procedures.