Webster Bank
Webster is a leading commercial bank that delivers financial solutions to business, individuals, families and partners.
Managing Director, Relationship Manager – Equipment Finance
Location
Kentucky + 1 moreAll locations: Kentucky, New Jersey
Posted
131 days ago
Salary
$110K - $130K / year
Seniority
Lead
Bachelor Degree7 yrs expEnglish
Job Description
• Responsible for soliciting lease and loan transactions ranging from $150,000 to $10,000,000 through new business development and retention of current customers.
• Represent WCF in the lending community to develop profitable loan volume through direct channels as well as vendor/dealer market.
• Execute highly focused prospecting activities.
• Structure financing solutions for customers and prospects utilizing existing and new WCF products.
• Collect and submit all documentation necessary: a) to underwrite / obtain credit approval b) to understand the business and know our customer c) to understand the equipment and the deal and d) to close the transaction.
• Aggressive follow-up with prospective customers and referral sources to secure new business.
• Draft and deliver proposals to prospective borrowers; close transactions.
• Ensure high quality service.
• Submit transactions to credit analyst for review providing write up and including purpose and justification.
• Facilitate closing of transactions via phone or in person.
• Develop customer base within assigned territory.
• Document calling activity using Salesforce.
Job Requirements
- Bachelor's degree required preferable in Finance, Business, Accounting, Economics or related field.
- Self-starter
- 7+ years related experience preferred.
- Demonstrated ability to develop new customer relationships
- Excellent communication (oral & written), organizational and interpersonal skills.
- The ability to work independently and to adjust priorities is necessary.
- Strong selling and pricing skills and experience in credit structuring.
- Product knowledge of legal and tax lease parameters.
- The ability to work in a team environment is necessary.
- PC skills -- experience in Microsoft Office, Salesforce and Info Analysis.
Benefits
- Incentive compensation
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