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Senior Managing Director, Private Bank Credit Manager

Webster Bank
United Statesfull_timeVerifiedPosted 10 Apr 2025
💰 $270,000/yr($230,000/yr$270,000/yr)

About the role

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!

Create and execute a Private Banking credit strategy that encompasses both commercial and consumer transactions.  In addition, this position will manage a team of Lenders who are responsible for underwriting new transactions and the subsequent portfolio management of the loan book of business. 

Responsibilities:

  • Create and execute a credit strategy for The Private Bank working closely with the LOB head to drive loan growth.
  • Strategy should include driving loan growth in both the commercial and consumer lending verticals.
  • Manage a team of Lenders to drive efficiency and accuracy in all aspects of underwriting.
  • Work closely with LOB head and sales team to be aligned with go to market strategy as it relates to risk management and loan growth.
  • Responsible for adhering to risk management policies and procedures while driving LOB to loan growth.
  • Work closely with credit risk decision makers to increase volume while following PB credit policy and adhering to all risk management guidelines

Education, Skills & Experience:

  • High school diploma or GED required.
  • Bachelor’s degree required; advanced degree strongly preferred.
  • At least 10 - 15 years of experience in related field with management experience.
  • Superb analytical, organizational, communication, leadership, and project management skills.
  • Ability to interact with executive level personnel, both internally and externally
  • Ability to multi-task and prioritize while working in a fast-paced environment.

The estimated salary range for this position is $230,000 USD to $270,000 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.

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.

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Company

Webster Bank

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