Senior Analyst Commercial Loan Admin

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 efficiency Provide data inputs key performance indicators (KPI) reporting to monitor adherence to quality control standards Assist PM's with client due diligence requirements (i.e. Credit report pulls, loan confirmations) Work on internal projects to improve the lending process, enhance/expand middle office capabilities, and support the Lines of Business & Operations Skills and Abilities Strong interpersonal and customer service skills to interact with lending teams, operations partners, attorneys, and borrowers Strong understanding of commercial lending process, compliance & regulations, loan types/products/structures, etc. High confidence in reviewing and understanding legal loan documents and contract terms (paralegal experience is a plus) Ability to multitask and manage multiple transactions and servicing requests, simultaneously Basic understanding of loan & lending systems (i.e., Signature, ACBS, Loan IQ, Sageworks LOS, Salesforce, etc.) and proficiency in Microsoft Applications Fundamental math/accounting/finance skills to understand debits, credits, balancing, amortization schedules, etc. Education Qualifications Bachelor's Degree in Arts/Sciences (BA/BS) from an accredited college or university preferred Experience Qualifications 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 #LI-RS1 The estimated salary range for this position is $93,000.00 to $111,000.00. 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. Webster Financial Corporation and its subsidiaries ("Webster") are equal opportunity employers that are committed to sustaining an inclusive environment. 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.