Washington Trust Bancorp, Inc

Commercial Relationship Manager II-IV

Washington Trust Bancorp, Inc$101K — $215K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Finance, Accounting, Business, or related field.
  • Minimum 5 years of experience as a seasoned commercial lender responsible for clients with revenues between $5 million and $50 million.
  • Ability to serve as a trusted advisor to clients with complex credit needs, demonstrating excellent relationship management skills.
  • Experience in sales of cash management products or similar financial services at an institution.
  • Background in fiduciary relationship management across investment, securities, cash management, commercial, or consumer lending.

Responsibilities

  • Develop and expand a client portfolio in the Portland area.
  • Provide proactive, client-focused financial services including investment, credit, and depository solutions.
  • Retain and grow relationships by understanding client intricacies and delivering superior service.
  • Identify and pursue business development opportunities to enhance market share.
  • Prospect for new clients while generating leads through referrals from existing relationships.
  • Manage risks associated with client relationships through compliance and risk management knowledge.

Benefits

  • Participation in a performance-based incentive program.
  • Opportunity for professional growth and advancement within the organization.
  • Engagement in a collaborative and diverse work environment.
Full Job Description
Location: Portland Financial Center: 760 SW Ninth Avenue Suite 1900 Portland, OR 97205

Annual salary plus performance-based incentive program. Hiring salary based on experience.
Ability to develop and expand current client portfolio in the Portland area required.

As a member of our Commercial Banking Team, the role serves as a proactive, client-focused trusted financial partner to clients through a seamless delivery of investment, trust, credit, and/or depository services. Participates in business development efforts by identifying referrals and prospects and calling on relationship clients/prospects to achieve sales goals. Provides premier client service while assuring bank and division profitability and asset quality standards are met.

Relationship Management/Client Service:

Maintains responsibility for retaining and expanding a specific book of relationships, maintaining knowledge of the intricacies of each account or relationship as needed in order to provide superior service to Bank clients.

Sales/Business Development:

Proactively investigates opportunities for expanding market share and making business more profitable, with particular attention to identifying prospective clients and additional financial needs among present clients. Identifies opportunities and continually prospects for new clients. Generates leads through existing relationships and other referrals sources.

Risk Management:

Controls and minimizes potential risks through proactive relationship management and thorough knowledge of compliance and risk management. Keeps abreast of applicable laws and regulations.

Qualifications:

  • Bachelor's Degree in Finance, Accounting, Business or related field.
  • Seasoned commercial lender with at least 5 years of experience as a commercial lender, generally working with clients with revenues ranging from $5 million to $50 million.
  • Able to work with clients as a trusted advisor, with moderate to complex credit needs. Excellent relationship management skills required as well as strong credit background and business development acumen.
  • Work experience in the sales of cash management products or related sales experience at a financial institution.
  • Work experience in fiduciary relationship management, including experience in specific unit area (investment, securities, cash management, real estate, commercial lending, consumer lending, etc).
  • Knowledge of Bank lending procedures, as set by the current, published Loan Policy.
  • Basic loan documentation knowledge; ability to document basic credits.
  • Working knowledge of Bank products and services.
  • Proven analytical skills; ability to review and interpret complex data (determining risk, assessing complexity of accounts, etc).
  • Excellent written and verbal communication skills; ability to analyze, synthesize and articulate complex ideas and communicate such to colleagues, team members, and clients.
  • Excellent interpersonal skills; ability to collaborate with and work effectively with diverse groups of people, managing conflict, negotiating for results and developing working relationships with potential and current clients.
  • Ability to set and achieve challenging goals.


Compensation:

Relationship Manger II: $101,575 - $152,363
Relationship Manger III: $123,721 - $185,581
Relationship Manger IV: $143,516 - $215,275

The compensation range represents the low and high end of the base compensation range for this position located in Portland, OR. Actual compensation will vary and may be above or below the range based on various factors including but not limited to location, experience, and performance. This position is also eligible to participate in an applicable annual bonus and incentive compensation plan.

About Washington Trust Bancorp, Inc

Washington Trust Bank is an American diversified financial services holding company headquartered in Spokane, Washington. It is the oldest and largest privately held commercial bank in the Pacific Northwest, and has more than 40 financial centers and offices in Washington, Idaho and Oregon with over 1,000 employees. As of December 2014, the bank had assets in excess of $4.77 billion. Washington Trust opened in 1902 as The Washington Trust Company. Current CEO Peter F. Stanton is the fourth generation of the Stanton family to lead the bank. The bank operates offices throughout Washington, Oregon and Idaho. The first branches in Idaho opened in 1989, while the first branch in Portland opened in 2004. Washington Trust also expanded to the Puget Sound area, opening offices in Seattle in 2000 and in Bellevue in 2004. Services offered by the bank include personal and commercial banking, home loans, private banking, wealth management and advisory services, trust services and investment services. Washington Trust has ranked first in deposits in Spokane County since 2009.
Learn more about Washington Trust Bancorp, Inc
Size
623 employees
Market Cap
$816.9 million
Industry
Net Income
$69.8 million
5 Year Trend
+3.4%
NASDAQ

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