Webster

Commercial Bank

SeniorAnalystCommercialLoanAdmin

$0–0k Hartford, Connecticut, United States FULL TIME
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Senior candidates.

The Brief

“Senior Analyst Commercial Loan Admin at Webster. Skills: Commercial Loan Administration, Loan Documentation Review, Regulatory Compliance, Credit Policy Adherence. Conduct quality control reviews of commercial loan documentation. review draft loan documents to ensure alignment with bank policy, credit approval terms, and loan system compatibility”

What You'll Achieve.

deliver high quality closings and exceptional customer experiences; ensure commercial loan closings are complete, accurate, and in accordance with Webster Bank's credit policies and procedures; Provide data inputs key performance indicators (KPI) reporting to monitor adherence to quality control standards

Industry & Context.

Commercial Bank
Problems you'll solve

Leverage insights from quality control reviews to recommend updates to procedures to enhance operational efficiency

What They're Looking For.

Must Have

5-7 years Prior paralegal, commercial lending loan administration, and/or closing experience on $10MM-$50MM+ commercial transactions within borrower segments (C&I, CRE, Sponsor & Specialty, ABL, etc.) required

Nice to Have

paralegal experience is a plus, Bachelor’s Degree in Arts/Sciences (BAS) from an accredited college or university preferred

What You'll Do.

Conduct quality control reviews of commercial loan documentation

review draft loan documents to ensure alignment with bank policy

credit approval terms

and loan system compatibility

Perform loan call back to each loan system to ensure accuracy of booking of SOX required data elements and other loan attributes with a material client impact

Support internal audit

and compliance partners by producing samples to support targeted reviews

Assist PM’s with client due diligence requirements

Work on internal projects to improve the lending process

enhance/expand middle office capabilities

and support the Lines of Business & Operations

How You'll Work.

Team & Collaboration

working closely with the Lending Teams and Operations; working closely with Operation and Deposit Services partners; interact with lending teams, operations partners, attorneys, and borrowers

Communication Scope

interpersonal skills; customer service skills

Process & Methodology

Work on internal projects to improve the lending process

Full 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! The Commercial Loan Administrator (CLA) is a full-time role that reports into Webster's Commercial Bank Middle Office. The role is focused on supporting pre-closing, regulatory, and closing activities on originations, loan renewals, and loan modifications, working closely with the Lending Teams and Operations to deliver high quality closings and exceptional customer experiences. The role ensures commercial loan closings are complete, accurate, and in accordance with Webster Bank's credit policies and procedures. The role supports all business segments within the Commercial Bank, while working closely with Operation and Deposit Services partners. **What you will do** * Conduct quality control reviews of commercial loan documentation to ensure data integrity, accuracy, and consistency to loan booking sheets * In conjunction with the line of business, review draft loan documents to ensure alignment with bank policy, credit approval terms, and loan system compatibility * Perform loan call back to each loan system to ensure accuracy of booking of SOX required data elements and other loan attributes with a material client impact * Support internal audit, SOX, and compliance partners by producing samples to support targeted reviews * Leverage insights from quality control reviews to recommend updates to procedures to enhance operational eff

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