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 primary responsibility of the CRE underwriter / Director is to complete the credit analysis and underwriting of new commercial real estate loans. The role will require the individual to be comfortable with interacting directly with both senior managing directors / managing directors and clients. The role will require strong math, financial analysis, writing and organizational skills.
Responsibilities:
- Develop pre-read and formal deal screen memos for new lending opportunities with oversite from SMD/MD.
- Underwrite commercial loans within established timelines, to include application review, personal and business credit analysis, collateral analysis, and debt service analysis and related financial modeling.
- Decision loan requests in accordance with the bank’s loan policies and procedures, and directly engage with internal credit partners and external clients with oversite from MD/SMD.
- Limit risk through use of various credit enhancements where applicable with the assistance of SMD/Credit.
- Prepare term sheets and or commitment letters upon approval of loan request.
- Review draft loan documents for accuracy as compared to approvals.
- Assist all partners (closing, portfolio, deposit onboarding, middle office and portfolio management and operations) in the closing of commercial loans.
- Participate in projects that help improve and streamline the credit delivery process.
- Assist with credit review and audit preparation as required by the team and credit partners.
- Maintain organized credit files as loans transition from underwriting to portfolio management.
- Establish appropriate inputs and ticklers in Sage Works for all origination activity.
- Mentor and assist junior / analyst level underwriters within the team.
Education, Skills & Experience:
- Advanced degree – Associates, Bachelors, Masters, etc. (Bachelors)
- Strong written and verbal communication skills.
- Advanced proficiently with financial modeling, excel, and Microsoft Word/PowerPoint.
- Analytical thinking, organization, and time management skills.
- Prior experience with commercial real estate loans 3-5 years (recommended)
The estimated salary range for this position is $130,000 USD to $140,000 USD. 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.
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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.
Webster Bank Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Webster Bank and has not been reviewed or approved by Webster Bank.
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Leave & Time Off Breadth — PTO, holidays, and volunteer days are generous, with paid parental leave included to support time away needs. Flexibility such as hybrid/telecommuting options further strengthens time-off usability.
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Healthcare Strength — Health coverage spans medical, dental, and vision with HSA/FSA options, telemedicine, wellness incentives, health coaching, and an EAP. The offering is positioned as comprehensive within a broader Total Rewards framework.
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Retirement Support — Retirement programs include a company 401(k) match and an employee stock purchase plan. Financial education and employee banking discounts add to long‑term financial support.
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What We Do
Webster is a leading commercial bank that delivers financial solutions to business, individuals, families and partners. With more than $60 billion in assets, we offer digital and traditional service delivery through our differentiated lines of business: Commercial Banking, Consumer Banking and HSA Bank, one of the country’s largest providers of employee benefits solutions. Webster Financial Corporation and its subsidiaries ("Webster") are equal opportunity and affirmative action employers M/F/D/V. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, marital status, national origin, ancestry, citizenship, sex, sexual orientation, gender identity and/or expression, physical or mental disability, protected veteran status, or any other characteristic protected by law. © 2021 Webster Financial Corporation. All rights reserved. Webster Bank, the Webster Bank logo and the W symbol are trademarks of Webster Financial Corporation and Registered in the U.S. Patent and Trademark Office.
