Associate Commercial Loan Servicing at Webster Bank in Southington, Connecticut

Job Description:

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!




Summary:




• Ability to deliver high quality professional service to internal and external customers, understanding all aspect of loan processing, ensuring requests are processed accurately within established credit guidelines and departmental procedures




• Read and understand all commercial loan documents including notes, agreements, and understand how the data is set up on the required loan system.




• Perform completeness check to ensure system matches executed documents; ensure knowledge of the Commercial lending products and services, including an understanding of a Credit Agreement, loan funding mechanics, deal structure, funds flow, etc.




• Process loan portfolio seamlessly and accurately and anticipates business needs





Key Responsibilities:




• Handles basic commercial loan transactions (ex. indirect deals)




• Monitors delinquencies and evaluates loan issues - resolving as needed.




• Ensures the timely clearing of cash, Suspense and WIP accounts




• Ensures Department policies and procedures are adhered to and data input is accurate.




• Other loan related and miscellaneous tasks (i.e. Break funding, DDA related, Manual entries, manual




statements, etc.).





Specific Skills/Experience Required:




• Solid analytical skills, detail oriented




• Accounting, financial experience preferred




• 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 - LoanIQ, preferred




• Sense of urgency and accountability.




The estimated salary range for this position is $26.00 to $30.00 USD hourly. 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.



#LI-MM3


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.