Webster Bank · 3 hours ago
Senior Associate, Commercial Loan Servicing
Jericho, NY
Full-time
Onsite
New Grad, Entry Level
$30/hr - $31.50/hr
0+ years expWebster Bank is a leading commercial bank focused on putting people first and helping them achieve their financial goals. The Senior Associate in Commercial Loan Servicing will deliver high-quality service to customers, process complex loan transactions, and ensure adherence to departmental procedures.
Banking
Responsibilities
Handles more complex commercial loan transactions (syndications, etc)
Monitors delinquencies and evaluates loan issues – resolving as needed
Receptive to increasing levels of responsibilities and additional process improvement projects at management's request
Ensures the timely clearing of cash, Suspense and WIP accounts
Responsible to reconcile/verify any investor lists (excel templates) are accurate with ACBS
Ensures Department policies and procedures are adhered to and data input is accurate
Other loan related and miscellaneous tasks (i.e. Break funding, DDA related, Manual entries, manual statements, etc.)
Qualification
Required
Ability to deliver high quality professional service to internal and external customers, understanding all aspect of loan processing, ensuring requests are processed accurately within established credit guidelines and departmental procedures
Read and understand all commercial loan documents including notes, agreements, and understand how the data is set up on the required loan system
Perform completeness check to ensure system matches executed documents; ensure knowledge of the Commercial lending products and services, including an understanding of a Credit Agreement, loan funding mechanics, deal structure, funds flow, etc
Process loan portfolio seamlessly and accurately and anticipates business needs
Handles more complex commercial loan transactions (syndications, etc)
Monitors delinquencies and evaluates loan issues – resolving as needed
Receptive to increasing levels of responsibilities and additional process improvement projects at management's request
Ensures the timely clearing of cash, Suspense and WIP accounts
Responsible to reconcile/verify any investor lists (excel templates) are accurate with ACBS
Ensures Department policies and procedures are adhered to and data input is accurate
Other loan related and miscellaneous tasks (i.e. Break funding, DDA related, Manual entries, manual statements, etc.)
Strong analytical skills, detail oriented
Ability to effectively multitask in a fast paced environment
Time management and strong interpersonal skills
Ability to challenge the status quo and open to change
Effective problem-solving skills as well as oral and written communication skills
Self-Starter with ability to work well independently as well as with a Team
Ability to set priorities, develop a work schedule, monitor progress toward goals and track activities
Working knowledge of Microsoft Office product suite
H.S. Diploma or General Education Degree (GED) required
Preferred
Working Knowledge of Commercial Loan Systems - ACBS
Bachelor's Degree in Arts/Sciences (BA/BS) Candidates with advanced degrees (Associates, Bachelor's, and/or Master's) preferred
0-2 years Accounting, financial experience preferred
Candidates with some combination of coursework and experience, or extensive related professional experience, are eligible for consideration
Benefits
Incentive compensation
Company
Webster Bank
Webster is a commercial bank that provides financial services to corporations, individuals, families, and partners.
1001-5000 employees
H1B Sponsorship
Webster Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (2)
2024 (4)
2023 (5)
2022 (3)
2020 (1)
Funding
Current Stage
Public CompanyTotal Funding
$653MKey Investors
Greystone
2025-09-11Post Ipo Debt· $350M
2024-12-02Post Ipo Debt· $303M
2002-10-17IPO
Leadership Team
Neal Holland
Chief Financial Officer
D
Daniel Gioia
Sr. Managing Director
Recent News
Providence Business News
2026-01-16
Hartford Business Journal
2025-11-06
Company data provided by crunchbase