Margaret Richards, affectionately known as Peggy, brings a wealth of experience and expertise to her role as Manager of Syndicated Loan Servicing at Webster Bank. With an impressive 40-year career in the banking industry, Peggy has cultivated a robust skill set that encompasses various facets...
Margaret Richards, affectionately known as Peggy, brings a wealth of experience and expertise to her role as Manager of Syndicated Loan Servicing at Webster Bank. With an impressive 40-year career in the banking industry, Peggy has cultivated a robust skill set that encompasses various facets of finance, including risk management, capital markets, and portfolio management. Her journey began at Bank Boston Financial, where she spent five years as a Credit Officer in the Factoring Division, honing her analytical skills and understanding of credit risk.
Peggy's tenure at Deutsche Bank, spanning over two decades as an Assistant Vice President, significantly shaped her professional acumen. During this time, she developed a deep expertise in loan servicing, particularly in managing complex syndicated loans. Her role as a functional subject matter expert (SME) for Loan IQ, coupled with her experience in Asset Recovery and Restructuring (ARR), positions her as a pivotal figure in the bank's operations. Currently, Peggy is informally leading a critical project focused on upgrading the Loan IQ system, where her insights are instrumental in enhancing operational efficiency and ensuring compliance with industry standards.
Peggy's proficiency extends to various financial instruments, including letters of credit, FX options, and derivatives, making her a versatile asset in the banking landscape. Her strategic approach to retail banking and equities, combined with her extensive knowledge of core banking and bonds, allows her to navigate the complexities of the financial markets with ease. As she continues to drive key projects at Webster Bank, Peggy remains committed to fostering innovation and excellence in syndicated loan servicing, ensuring that her team meets the evolving needs of clients in a competitive environment.
