VP Commercial Lender

VP Commercial Lender

Location: Ridgefield, CT OR Westport, CT

Compensation: $140,000-170,000 + Bonus (Dependent on Experience)

Work-style: Onsite/IN-OFFICE

Overview

Our client is looking for a passionate Commercial Lender to be responsible for developing and maintaining a commercial loan portfolio to drive bank growth and profitability. This role requires relationship-building, regulatory compliance, and a strategic approach to loan underwriting and portfolio management.

Key Results Areas

• Asset quality
• Regulatory compliance
• Customer retention and satisfaction
• Growth of commercial loan portfolio and deposits while maintaining high quality loans
• Maintains profitability based upon strategic pricing and fee income

Essential Responsibilities

• Calls on customers, prospective borrowers and feeder sources, both independently and with Bank partners (Retail Bankers, Insurance and Investment specialists).
• Develops and maintains relationships to enhance quality commercial loan opportunities. Submits weekly call reports.
• Completes and processes C&I, construction, commercial mortgage and SBA Loan underwriting documents and works collaboratively with Credit Administration to enable presentation of loans to manager and loan committee.
• Assists the loan closing administrator and others in Credit Administration throughout the loan process.
• Visits construction sites and meets with builders to confirm progress.
• Maintains updated borrower/guarantor financial data to enhance cyclical loan review process.
• Maintains current knowledge of and cross sells Bank products and services, and regularly partners with Retail Banking, Financial Services and Insurance partner.
• Serves on management committees.
• Represents the Bank in various community and industry related activities. Promotes the interest of the Bank.
• Keeps abreast of trends and developments within banking and related industries. Responds to economic and regulatory changes.
• Performs other duties as requested.

Education & Experience

• Bachelor's Degree in Business or Finance.
• 1-5+ years of experience in credit analysis, commercial, construction mortgage and C & I lending, and a demonstrated track record of loan production and quality service.
• Formal credit training is strongly preferred and must possess proficiency in Microsoft Office applications, and have the ability to learn and use other software platforms as necessary.
• Excellent interpersonal skills and the ability to work as part of a team.