Vice President Commercial LendingThe Institution for Savings is seeking a Vice President of Commercial Lending who will be responsible for cultivating, underwriting and closing commercial loans, as well as maintaining and servicing a robust commercial loan portfolio. This person will report to and work closely with the Senior Vice President of Commercial Lending/Senior Commercial Lender.
Responsibilities:- Manages existing portfolio relationships and new loan production.
- Collects and analyzes financial and related data to determine general creditworthiness, including credit reports, background checks, reference checks and other information; as needed, submits applications to credit analysts for verifications and recommendations.
- Compiles loan packages and facilitates negotiation of loan structures with applicants.
- Recommends approval or declination of loans within established Bank policies and informs prospective borrower of decision; refers to loan committee for approval as appropriate.
- Ensures loan agreements are complete, and that loan closings and funding occurs in a timely manner.
- Identifies and develops new commercial loan relationships within the Bank's market.
- Promotes and cross-sells other Bank products and services as appropriate.
Job Qualifications:- Bachelor's degree preferred or three to five years related experience and/or training; or equivalent combination of education and experience.
- Advanced knowledge of the Microsoft Office suite.
- Excellent written, verbal and interpersonal communication skills.
- Self-motivated, proactive, and goal oriented.
- Utilizes strong organizational skills to perform and prioritize a high volume of tasks simultaneously.
- Consistently achieves goals and meets strict deadlines while maintaining excellent attention to context, substance and detail.
- Embraces the team-oriented culture and works collaboratively across the Bank to support the Bank's strategic growth plans.
Salary Range: $150,000-$200,000
The salary range listed is just one component of the Bank's total compensation package. Other rewards include fully paid medical, dental and vision insurance, as well as dollar-for-dollar 401(k) match up to 10%; life insurance; disability plan; pension plan after 2 years of service; generous vacation and paid-time off; and quarterly incentive.
