VP, Commercial Banking Officer

Job Description

Job Description

Description:

“ROCKSTAR POSITION:” The Ultimate Career Opportunity

 

We are looking for a full-time A+ Team Player ready to ROCK their job! 

 

Have you found your niche yet? If what you are looking for falls into what we offer below, we want to talk with you. If you haven’t found your niche, and are interested in growing and advancing your career, maybe you’ll find it working with First Federal Bank of Wisconsin!

 

Are you ready to start a career with room for growth? 

 

Are you looking to do something with purpose and help others in the community while doing so?

 

Are you motivated to bring solutions and come up with creative ideas to improve something or start something new? 

 

If you answered “yes” to the above, we would love to talk to you! 

 

At First Federal Bank of Wisconsin

· We are on a mission to provide exceptional customer service.

· The Vision we live by is, “Every customer says, “My bank has my back!””

· We take our culture seriously—it is everyone’s job, and we hold each other accountable for keeping our workplace great.

· We frequently celebrate our successes.

· We are committed to making our community better. 

· We are the only bank in our state to win the Banky Award™—the mark of excellence in banking due to our measured excellence in customer service scores, culture scores, management of our bank, and the impact we make on our community

First Federal Bank of Wisconsin is growing tremendously, so we are looking for individuals who want to bring efficient solutions to the table to make this an even better workplace!

 

Right now, we have an exciting opportunity to join our banking family.

 

As a Rockstar Employee, you will help ensure that the exceptional customer service exceeds our customers’ expectations by excelling in these critical tasks:

· Providing a “Can Do” attitude in everything you encounter.

· Always doing the right thing, even when no one is watching.

· Being the BEST version of yourself.

· Building strong relationships with each person you interact with. 

· Meeting Conditions of Satisfaction in each project you are faced with.

· Maintaining and protecting highly-confidential information.

· Most importantly, being proactive in seeing what might be missing and making it happen to ensure our banking family is successful in everything we do!

A Rockstar Employee will possess the following background experience, skills, and attributes:

· The ability to welcome constructive criticism.

· Welcomes change and seeks growth opportunities. 

· Accountable and responsible—no excuses or whining!

· Possess a “ can do ” attitude with all tasks they encounter.

· Regularly takes on responsibility for areas beyond their basic job duties.

· Initiative to own responsibility for outcomes and get things done.

· Detail-oriented and focused on completing work of the highest quality.

· Open communication and staff camaraderie.

· Reliable in terms of attendance and punctuality.

· Committed to being on time and prepared to accomplish deadlines and goals.

· A commitment to grow

We believe work and life should be meaningful and beneficial to our employees and the bank. If you believe in this, too, we want to hear from you!  

 

As Our New Rockstar Employee, you will enjoy the following:

· Compensation determined by education, experience, and related work history

· Outgoing and supportive teammates to ensure your success!

· Health insurance

· An “over the top” retirement plan

· Paid vacation

· Quarterly celebrations to recognize employees and their results

· Ability to cross-train and grow within the Bank

Who shouldn’t apply? If you: 

· Are not a team player.

· Are not willing to be authentic and open.

· Do not excel at independent, research-based activities.

· Become frustrated when faced with unexpected changes in plans.

· Become irritated when interrupted or asked to deviate from a task.

· Have difficulty planning a course of action without specific instruction.

· Lack communication and organizational skills.

· Have the inability to be quick on your toes while turning in the highest quality of work.

· Are someone who wants an everyday JOB. This is MORE than your basic JOB!

Requirements:

SUMMARY / OVERVIEW

The VP, Commercial Banking Officer will be responsible for developing new loan business, as well as maintaining and servicing an existing portfolio. Also, he/she will represent the bank in the local community through active participation in community affairs and by marketing all of the bank’s products and services. 

PRIMARY RESPONSIBILITIES  

May perform any or all of the following duties:

1. Generate commercial loans and fee income while properly managing the risk of the loan portfolio in accordance with bank policy, procedures, and complying with regulations.

2. Service credit needs of customers and prospects; obtaining financial and other information; analyze credits; recommend approval to senior management or the credit committee where required; and negotiate terms and conditions such as rates, collateral, guarantees, loan agreements, and other documentation.

3. Generate deposits and assist in the sale of other bank products and services.

4. Proactive loan portfolio management to ensure minimum risk of loss on all loans.

5. Act as financial consultant to customers and prospects which require maintenance of technical knowledge.

6. Responsible to manage and grow commercial and public deposit base as directed. Solicit the business of new and established customers.

7. Acts as a relationship manager for customers ensuring customer satisfaction and the resolution of service problems.

8. Maintain product and selling knowledge to generate credit, deposit, and fee business.

9. Monitor the quality of book of loans and credit accounts. Maintain a well-mixed book of business while maintaining diversification and monitoring financial risk. Complete credit pool analysis.

10. Responsible for preparation of appropriate action plans as assigned.

11. Analyze and decision commercial loans promptly upon completion of the analysis.

12. Understand and comply with bank policy, laws, and regulations.

13. Applies on-going supervision and review of the credit until ultimate collection or loan payoff.

14. Monitor/mentor junior leaders as needed.

15. Other duties as assigned.

OTHER RESPONSIBILITIES

· Follow and enforce First Federal Bank of Wisconsin policies and procedures.

· Follow and enforce all state and federal banking regulations.

BSA RESPONSIBILITIES  

· Adhere to BSA/AML/CFT/OFAC policy and requirements during all customer interactions.

· Verify customer identification and maintain compliance with the Customer Identification Program (CIP).

· Monitor for suspicious activity and promptly escalate concerns to the BSA Officer.

· Ensure OFAC screening is completed for applicable transactions.

· Assist in gathering information for Currency Transaction Reports (CTRs) and Suspicious Activity Reports (SARs) when required.

· Participate in ongoing BSA/AML/OFAC training and maintain current knowledge of regulatory requirements.

REQUIREMENTS / CORE COMPETENCIES

· 4 year degree in Accounting, Finance, Business Administration or equivalent experience. 

OTHER QUALIFICATIONS / SKILLS

· Thorough knowledge of banking services, especially as it relates to lending.

· Display knowledge and abilities to analyze financial information.

· Must have good verbal and written communication skills.

· Must be able to work independently with little supervision.

· Ability to develop and exercise interpersonal skills in negotiating and selling.

· Ability and willingness to maintain specialized technical and product knowledge.

EXPERIENCE / EDUCATION REQUIREMENTS

· Bachelor’s degree or equivalent experience required, with basic understanding of business and economic subjects.

· Two to four years of loan and banking experience required.