Full-Time

Business Banking Team Leader

Confirmed live in the last 24 hours

Webster Bank

Webster Bank

1,001-5,000 employees

Compensation Overview

$165k - $190k/yr

+ Incentive Compensation

Senior, Expert

Boston, MA, USA

The job may involve responsibilities in both Rhode Island and Southeastern Massachusetts, but the primary location is Boston, MA.

Category
Commercial Banking
Finance & Banking
Required Skills
Financial analysis
Requirements
  • Candidates must have at least 7+ years’ experience managing business relationships; and 3+ year's experience leading a sales team.
  • Extensive knowledge of credit, financial analysis techniques & lending policy, with ability to package and present credit deals to segment leadership & credit team.
  • Well demonstrated understanding of loan risk factors a plus.
Responsibilities
  • Oversee the execution of our business segment strategy, by leading a team of RMs to drive growth and profitability for new and existing relationships within their portfolio.
  • Responsible for team & individual execution against targeted production and growth goals of our core KPIs: New Business Development, (new to bank EIN onboarding), Deposit Growth, Loan Production & Treasury Management Fee Income Production/Growth.
  • Develop & maintain extensive network of business contacts, COIs, community leaders and other referral sources in order to develop new business and generate revenue. Effectively manage and grow the individual & team pipeline consistent with production expectations.
  • Lead weekly and monthly meetings with team to analyze results, review pipeline effectiveness, forecast team’s expectations vs budgets, & ensure execution of overall segment strategy.
  • Work closely with Market President & Segment Leader to help shape culture and drive the strategic vision of the segment.
  • Develop and present effective credit proposals/memos for consideration. Work with senior leadership and credit to negotiate quality loans within our established policy & guidelines.
  • Ensure & uphold operational integrity amongst team by complying with all regulations, policies, and procedures.
Desired Qualifications
  • Candidates with advanced degrees (Associates, Bachelor’s, and/or Master’s) preferred, yet a High School diploma or GED is required.
  • Proven track record of developing and coaching high performance sales and service teams is preferred.
  • Proven sales leadership with demonstrated capabilities, expertise in coaching, goal setting, and performance management.
  • Experience in development of sales strategies.
  • Proven management experience leading multiple teams, offices and staff units to exceed desired objectives in areas including, but not limited to sales, service, quality and operations.
  • Exceptional business development skills & Entrepreneurial business management orientation.

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Waterbury, Connecticut

Founded

1935

Simplify Jobs

Simplify's Take

What believers are saying

  • Webster Bank's fintech acquisitions expand its technological capabilities and market reach.
  • Increased focus on digital banking solutions aligns with current industry trends.
  • Webster Bank's role in large financings showcases its strong market position and expertise.

What critics are saying

  • Integration challenges from acquisitions like Ametros and Bend Financial may arise.
  • Increased competition from fintechs like Goalsetter could impact Webster Bank's market share.
  • Credit risk from large financings, such as Everstream's, could affect financial stability.

What makes Webster Bank unique

  • Webster Bank is actively acquiring fintech companies like Ametros and Bend Financial.
  • The bank is a lead arranger in significant debt financings, such as Everstream's deal.
  • Webster Bank invests in fintech partnerships, enhancing digital offerings and customer experience.

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Benefits

Professional Development Budget

Performance Bonus

Hybrid Work Options

Remote Work Options

Company News

Business Wire
Feb 4th, 2025
Air Industries Group Secures Expansion of Term Loan from Webster Bank

Air Industries Group (“Air Industries”) (NYSE American: AIRI), a leading manufacturer of precision components and assemblies for large aerospace and d

Yahoo Finance
Mar 22nd, 2024
Tanya Van Court'S Goalsetter Closes On A $9.6M Series A Extension Round To Further Its Mission Of Financial Equity And Education

Tanya Van CourtTanya Van Court’s Goalsetter has reached yet another milestone since launching in 2019.As AFROTECH™ previously reported, the founder and CEO founded the fintech platform to help youth and families gain access to banking and financial education, including tools, investing, and savings. In 2021, Goalsetter’s mission caught the attention of NBA stars Kevin Durant, Carmelo Anthony, and Andre Drummond, who all invested in the company’s $15 million Series A funding round.Now, Goalsetter has announced that the round isn’t finished just yet. According to a press release shared with AFROTECH™, Goalsetter has closed on a $9.6 million Series A extension round.The new round was led by an affiliate of Edward Jones and MassMutual through its MM Catalyst Fund, the press release details. Fellow investors included Fiserv, Seae Ventures, Webster Bank, Astia Fund, Partnership Fund for New York City, Reseda Group, and InTouchCU.“Our new Series A extension marks a significant milestone for Goalsetter as we continue to redefine financial education and inclusion across America,” Van Court shared in a press statement. “This funding will empower us to enhance our B2B offerings and forge stronger partnerships with credit unions, banks, and wealth management institutions, expanding our reach and impact to ensure that the next generation can grow into savvy savers and investors.”She continued, “This is an investment in Goalsetter and in the future financial well-being of millions of young Americans. Together, we are building a foundation for a more equitable and financially literate future for all.”In addition to forming more B2B (business-to-business) and financial institution partnerships, Goalsetter plans to use the funding to “facilitate the launch of live bank and credit union product implementations and core processor integrations” in order to be more accessible to banks and credit unions across tech platforms.“Goalsetter has successfully produced measured and meaningful positive outcomes as it helps families of diverse demographics increase savings and practice smart spending habits, making them a unique player in this market,” said Liz Roberts, head of impact investing at MassMutual, one of Goalsetter’s leading investors

Business Wire
Dec 15th, 2023
Webster Signs Definitive Agreement to Acquire Ametros

Webster Financial Corporation (NYSE: WBS) today announced that its principal bank subsidiary Webster Bank, N.A. (

Fintech Roundup
Nov 30th, 2023
FinTech Global

FinTech Global is the world's leading provider of FinTech information services, B2B media products and industry events.

Business Wire
Jun 9th, 2023
Everstream Closes $342.5 Million in Debt Financing

Everstream has secured $342.5 million in debt financing from nine banks, with Webster Bank as lead arranger.