Leveraged Finance Analyst

Webster Bank • Stamford, CT

13d • $90,000 - $100 • Hybrid

About The Position

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! Position Summary As an Analyst in Webster Bank’s Sponsor Finance Group, you will be responsible for underwriting new cash flow LBO & private equity backed transactions as well as portfolio management activities for the General Industries team. This position includes all aspects of the underwriting process such as performing due diligence and preparing internal credit approval documents, as well as portfolio management responsibilities including completion of required portfolio reviews and processing of incremental credit extensions. You will be a meaningful contributor and assume increasing levels of responsibility that encompasses underwriting, portfolio management, and communicating with key stakeholders. Position would be hybrid and based in either Stamford, CT or New York, NY. Business Unit Overview Webster Bank Sponsor Finance provides senior secured commercial loans to middle-market companies, typically backed by private equity capital. Our loans are used by clients to facilitate acquisitions, fund working capital, finance growth/capital expenditures, and restructurings. This position will focus on general commercial industries, but the Sponsor Finance team also has dedicated specialty lending verticals that cover healthcare, technology & infrastructure, and aerospace & defense. We are headquartered in Boston, MA and have offices in Stamford, CT and New York, NY. #LI-SJ1

Requirements

• Bachelor's Degree in Business, Finance, Accounting, Economics, or equivalent work experience.
• 1-2 years of experience in leveraged finance at a commercial bank, investment bank or finance company with strong commercial credit experience.
• Superior written and verbal communication skills.
• Strong analytical skills and proficiency with financial statement modeling.
• Experience underwriting middle market cash flow transactions.
• Ability to work in a fast-paced environment with limited supervision.

Nice To Haves

• Graduate of a formalized credit training program is preferred but not required.

Responsibilities

• assisting the deal team in the due diligence process for new cash flow transactions, inclusive of both financial and qualitative due diligence
• preparing pre-screen memos and credit approval documents for presentation to credit committee
• preparing financial models
• assisting in the closing process on new transactions
• management and ongoing monitoring of portfolio accounts

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level