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MD Business Banking Sr Relationship Management

Webster BankWebster Bank·Banking

Compensation

$131,000 - $206,000/year

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Posted

13 days

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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!

The Senior Relationship Manager, Business Banking, is responsible for cultivating and growing a portfolio of business clients within our target segment. They will manage a portfolio of existing business relationships, with an extensive focus on new business development/client acquisition, expansion of existing relationships, and client retention. They will work with their team to execute against our segment strategy, and contribute to net deposit growth, loan production, and expansion of revenue generating products and services. They will also collaborate with bank partners within their assigned markets, in delivering an excellent client experience, looking for growth opportunities throughout the entire consumer segment.

What you will do

  • Contribute to growth of segment by executing against our segment strategy. Responsible for execution against targeted growth goals of our core KPIs, in New to bank Business Relationships, Deposit Growth, Loan Production & Treasury Management & Overall Fee Income.
  • Develop & maintain extensive network of business contacts, COIs, community leaders and other referral sources to develop new business relationships and generate revenue. Effectively manage and grow the pipeline consistent with production expectations.
  • Work closely with Team Leader, Business Relationship Managers, and cross line of business colleagues to deliver an excellent client experience and drive value to the clients that we serve. Encourage peers and colleagues to skillfully listen to client needs and identify business banking growth opportunities.
  • Develop and present effective credit proposals/memos for consideration. Work with senior leadership and credit to negotiate quality loans within our established policy and guidelines.
  • Effectively identify & cross sell value added treasury management & analysis solutions to clients.
  • Ensure & uphold operational integrity amongst team by complying with all regulations, policies, and procedures.


Skills and Abilities

  • Strong knowledge of treasury management and analysis products, with the ability to analyze cash flow and recommend customized solutions.
  • Extensive knowledge & experience in business/commercial credit, financial analysis techniques & lending policy. With ability to independently package and present credit deals to segment leadership & credit team up to $7.5MM in Total Credit Exposure.
  • Proven track record of business development success, commercial loan origination, and Relationship Management skills.
  • Candidates must have a seasoned business network of centers of influence, & business clients.
  • Proven relationship management skills with demonstrated capabilities, in managing and growing a sales pipeline, fostering COI relationships & referral sources, and developing new business relationships.
  • Commercial lending experience, with ability to analyze, package and present prospective financing opportunities to senior leadership & credit.
  • Strong knowledge of business banking, bank profitability, commercial lending & treasury management products; possess a general understanding of operations. (Audit, compliance, fraud, loss, risk).
  • Exceptional business development skills & Entrepreneurial business management orientation.


Education Qualifications

  • H.S. Diploma or General Education Degree (GED) required
  • Candidates with advanced degrees (Associates, Bachelor's, and/or Master's) preferred
  • Candidates with some combination of coursework and experience, or else extensive related professional experience, are eligible for consideration.


Experience Qualifications

  • 5-7 years Candidates must have of specific Business Banking Relationship Management sales experience, developing and managing business relationships, 7+ relationship management/ banking experience required
  • Experience managing relationships for diverse business types, across multiple industry sectors & markets required

The estimated salary range for this position is $135,000 USD to $165,000 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.

#LI-SO1

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.

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Aplyr's read

Webster Bank, a regional financial institution, attracts talent seeking roles in banking, technology, and management, with a focus on relationship-driven services.

Synthesized from recent postings & public sources

What's promising

  • Webster Bank is expanding its business banking services, indicating growth opportunities.
  • The bank offers diverse roles, from technology to portfolio management, attracting varied skill sets.
  • Webster Bank's regional focus allows for personalized customer service and community engagement.

What to watch

  • Regional banks like Webster face competition from larger national banks.
  • Limited public information about Webster Bank's long-term digital transformation strategy.
  • Economic downturns could impact regional banks' growth and stability.

Why Webster Bank

  • Webster Bank emphasizes relationship banking, fostering strong client connections.
  • The bank's regional presence allows for localized decision-making and community involvement.
  • Webster Bank's diverse role offerings suggest a commitment to comprehensive financial services.

Aplyr’s read is generated by AI from public sources. Was it useful?

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About Webster Bank

Webster Bank is a regional bank providing a range of financial services including personal banking, business banking, and wealth management.

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