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Vice President, Commercial Lender

$150k - $200k

Institution for Savings

Job Description

Job Description

Vice President Commercial Lending

The 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. 

The Institution for Savings is an Equal Opportunity Employer. 

Member FDIC. Member DIF.

Vacancy posted 2 days ago
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