Job Description
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 Borrower in Custody (BIC) specialist is responsible for the review of documentation against BIC pledging programs requirements. These programs allow for review of loans against eligibility criteria which are laid out by the Federal Reserve Bank (FRB) and loans that meet all eligibility criteria maybe pledged. This position will entail reviewing loan documentation for multiple pledging criteria using a checklist to determine if it meets the criteria to be pledged to the Federal Reserve.
Requirement:
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