Senior Associate, Portfolio Administrator

Webster Financial
United States
Full timeUSD 35 - 38 hourlyFunction: Administration & Executive AssistanceExperience: 3-4 yearsEducation: high_schoolSkills: ["Customer service","Multi-tasking","Problem-solving","Sense of urgency","Teamwork"]

Support the centralized underwriting phase of commercial loan processing by entering and reviewing loan application data, uploading documentation to the bank’s electronic systems, and driving applications through to closing. Generate credit approval documents and commitment letters, partner with SBA specialists to ensure appropriate loan structures, and track application status to resolve missing information and meet turnaround metrics and service levels.

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Webster Financial
Webster Financial
2 days ago

Senior Associate, Portfolio Administrator

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Last checked: 4 hours agoStatus: Live

Job Summary

Support the centralized underwriting phase of commercial loan processing by entering and reviewing loan application data, uploading documentation to the bank’s electronic systems, and driving applications through to closing. Generate credit approval documents and commitment letters, partner with SBA specialists to ensure appropriate loan structures, and track application status to resolve missing information and meet turnaround metrics and service levels.
Location: United States
Employment Type: Full time
Job Function: Administration & Executive Assistance
Seniority: Mid level

Key Responsibilities

  • •Process business loans via the Bank’s Loan Origination System.
  • •Collect and review loan application information and upload materials to the Bank’s electronic imaging system.
  • •Partner with SBA Specialists to ensure loan structures are appropriate when needed.
  • •Generate Credit Approval Documents and Commitment Letters for distribution.
  • •Act as primary process owner by tracking application status, following up on missing information, coordinating documentation, and supporting preclosing quality control.

Pay and Benefits

Salary: USD 35 - 38 hourly

Key Requirements

  • •3-4 years of experience in business/commercial lending or loan processing/closing.
  • •Strong knowledge of business/commercial lending.
  • •Strong understanding of loan origination systems, loan processing, and loan closing guidelines.
  • •Ability to multi-task within a workflow process in a fast-paced environment.
  • •Customer service skills and strong problem-solving capability with a sense of urgency to meet timelines.
Experience:3-4 yearsCommercial lendingLoan processing
Education:High School
Skills:Customer serviceMulti-taskingProblem-solvingSense of urgencyTeamwork
Tech Stack:Loan Origination SystemElectronic imaging system

Company Brief

Webster Financial
Webster Financial is the holding company for Webster Bank, a U.S. regional bank providing commercial banking, consumer banking, and wealth management services. It serves businesses, individuals, and institutions across the Northeast.
Industry: Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Stamford, United States
Founded: 1935
WebsiteLinkedIn