7+ years of lending and credit experience, preferably in community banking.
Bachelor's degree in Finance, Accounting, or a related field preferred.
Strong knowledge of credit underwriting and loan documentation.
Proficient in Microsoft Office and CRM tools like Salesforce or nCino.
Excellent interpersonal, presentation, and communication skills.
Ability to work independently and collaboratively towards departmental goals.
Responsibilities
Drive business development by acquiring new clients and expanding existing relationships.
Develop a network of external referral sources to attract new clients.
Manage and grow assigned portfolios while cross-selling bank products.
Negotiate lending agreement terms and prepare credit approval packages.
Ensure current financial information is analyzed and monitored for credit quality.
Oversee the loan closing process, ensuring all documents are accurate and complete.
Benefits
Comprehensive health insurance options.
Retirement savings plan with employer matching.
Professional development and training opportunities.
Flexible work arrangements.
Employee assistance programs for personal and professional support.
Full Job Description
Responsibilities include but are not limited to:
Business development with a focus on acquisition of new clients and expanding relationships with existing clients. Respond quickly and effectively on all new business referrals from Senior Management, the branch network or other areas of the bank.
Develop network of external referral sources/centers of influence (COI's) in order to attract new clients.
Maintain, grow and service assigned portfolios and appropriately cross sell other bank products. Overall accountability for driving the profitability, quality, and growth of portfolio.
Negotiates terms (collateral, covenants, pricing and other components) of lending agreements with clients/prospects to properly structure and price credit facilities consistent with the bank's credit policies and lending practices. Prepare effective packages for credit approval circulation and to present packages to the required level of credit authority.
Ensure that the bank is in possession of current financial information and that the information has been properly analyzed and on file. Monitor and report changes in credit quality.
Bears overall responsibility for the loan closing process and attends loan closings ensuring legal documents reflect all terms as agreed to by customer/prospect and approved by the bank, in addition to making sure required documents and signatures are in place for loan closing and to ensure loans are closed properly.
Required Skills:
Excellent and effective interpersonal and presentation skills as well as written and verbal communication skills. Proven track record of prospecting new business and enhancing existing relationships.
Excellent ability to critically review, analyze and structure commercial loans, cross sell bank products, and attract new business through effective presentations and the ability to respond to questions.
Strong working knowledge of credit underwriting, basic accounting, and loan documentation. Formal credit training preferred.
Ability to work totally independently or as a team to achieve overall Departmental goals using sound judgement in decision making.
Proficient computer skills using Microsoft Word, Excel and Outlook as well as prospecting/tracking tools such as Salesforce, nCino or similar systems.
Familiarity with professional business practices (time management, communication and appearance).
Required Experience:
High School Diploma or equivalent and a minimum of 7 years of related lending and/or credit experience with community and/or industry involvement in the area.
Valid driver's license. Bachelor's degree in Finance, Accounting or business related study and/or formal Commercial Credit training preferred.
About USAmeriBancorp
Valley National Bancorp, doing business as Valley Bank, is a regional bank holding company headquartered in Wayne, New Jersey with approximately $42 billion in assets. Its principal subsidiary, Valley National Bank, currently operates over 230 branch locations in northern and central New Jersey, the New York City boroughs of Manhattan, Brooklyn, and Queens, as well as Long Island, Florida, and Alabama. Valley Bank holds approximately $29 billion in assets.
,Valley Bank is one of the largest commercial banks headquartered in New Jersey.
