Executive Job Description | A community bank, operating several full service branches, seeks a Vice President Commercial Lending local to New Jersey, with extensive knowledge of local businesses and a pipeline of lending opportunities. Language skills in Hindi, Urdu, Gujarati and/or Punjabi, a plus.
KEY DUTIES, ACTIVITIES AND RESPONSIBILITIES:
- Maintain the needs of current and prospective customers seeking loans that may involve the lending of both secured and unsecured funds
- Interview applicants to assimilate financial information concerning their business
- Analyze applicant’s capacity to repay and determine whether a loan may be an acceptable risk within loan policy guidelines
- Conduct or direct the analysis of all necessary financial data.
- Conduct credit check, conduct or initiate EPA assessments and make site visit as necessary
- Make decisions on loans and terms within establish lending limits, or make recommendations to senior management and/or loan committee when outside of lending authority.
- Monitor existing loans to ensure compliance with terms and recognition of any developing trends and directs the drafting of all necessary loan documents and agreements.
- Call on potential or existing customers to determine need for other bank services such as: lending products, retail banking products, financial services or insurance needs
- Maintain the confidentiality of all customer and bank relationships
- Promote and support the Community Development Efforts of the bank.
- Origination of loans through independent research and client development
- Develop and build new banking relationships
- Nurture and develop existing banking relationships
- Ability and willingness to underwrite own deals including credit viability.
- Understanding of cash flow lending.
- Must be an active lender with a strong work ethic.
- Must be a "producer" and not just a "manager".
- Must be a team player
- Must be a community bank lender - not national bank lender.
- Will initiate and service a variety of loans (commercial, consumer & residential) with emphasis on commercial.
- Assist with and perform Commercial loan annual reviews
- Assist with quarterly residential and consumer quality control reviews
-Assists in maintaining lending quality and compliance
- Assists other lending staff as needed.
WORK EXPERIENCE, SKILLS AND EDUCATION REQUIRED:
- Degree in Business from a recognized college
- Familiarity with standard word processing programs and spreadsheet programs.
- Formal Lending Training - desired
- Knowledge of the “LOCAL” business market – preferred however demonstrated success in other markets would be acceptable.
- Experience in Residential and consumer loan underwriting and analysis
- Formal lending/training program desirable.
- Strong Business Acumen
- Strong written and oral communication skills
- Expertise in Commercial loan underwriting, analysis and presentation
- Portfolio management skills to actively manage risk.
- Ability to operate in a collaborative team environment.
- Language skills in Hindi, Urdu, Gujarati and/or Punjabi, a plus.
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