VP - Relationship Manager III - Warehouse Lending

How would you like to join one of the most highly regarded financial institutions in New Jersey with deep roots in the community? Provident is a successful and highly regarded multi-billion-dollar bank that continues to grow with branches in New Jersey, Eastern Pennsylvania and New York. Our longevity is a testament to our commitment to placing our employees, customers, and the communities we serve at the center of all we do. At Provident Bank, we are committed to enhancing our customer and employees’ experience.

POSITION OVERVIEW:

The VP Relationship Manager III – Warehouse Lending is responsible for originating, developing, and managing profitable warehouse lending relationships. This role focuses on business development, credit oversight, and portfolio management while ensuring alignment with the Bank’s risk and compliance standards.

KEY RESPONSIBILITIES:

Proactively develop new warehouse lending relationships through direct prospecting, centers of influence (COIs), existing client relationships, and referral sources Originate new warehouse lending opportunities and gather all required documentation to support underwriting, due diligence, and credit approval processes Prepare and present loan requests for internal approval, including submission to credit and signature committees Manage the full credit lifecycle, including underwriting coordination, approval, closing, and boarding of new relationships Maintain and deepen existing client relationships, including cross-selling additional bank products and services Monitor assigned portfolio for covenant compliance, receipt and review of financial statements, and collateral performance through the warehouse lending system Evaluate portfolio risk and recommend appropriate risk ratings; promptly escalate any material deterioration in credit quality Ensure timely processing of loan originations, renewals, modifications, and extensions in accordance with internal standards and timelines Perform other duties as assigned

MINIMUM QUALIFICATIONS:

Bachelor’s degree, preferably in Accounting, Finance or Business Administration. 7 years direct mortgage warehouse lending experience. 7 years general banking or mortgage banking experience. 7 years’ experience commensurate with job function Comprehensive loan analysis experience. Comprehensive financial analysis experience. Comprehensive knowledge of credit analysis and underwriting techniques. Proven track record with developing new business track Strong communication skills. Ability to communicate effectively and professionally with internal and external customers, including brokers, sales team and all levels of colleagues throughout the organization. Proficient computer skills, including Microsoft Office Suite. Ability to quickly learn various web-based programs.

WORKING CONDITIONS:

Work is mainly performed in a normal office environment. Noise levels usually are moderate. Prolonged sitting Lifting from 5 to 10 lbs. (printer paper, storage boxes) Occasional bending or overhead lifting (storing files or boxes) The hazards are mainly those present in a normal office setting. This job description may not be all-inclusive. Employees are expected to perform other duties as assigned and directed by management. Job descriptions and duties may be modified when deemed appropriate by management. Provident Bank recognizes and supports the importance of creating a socially and culturally diverse employee base. We understand, value, and appreciate the unique perspectives that a diverse workforce can contribute to our organization. We put the employee and the customer at the center of strategy because culture is a critical differentiator for why people choose to work here. We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to age 40 and over, color, disability, gender identity, genetic information, military or veteran status, national origin, race, religion, sex, sexual orientation or any other applicable status protected by state or local law.

PAY DETAILS

$146,000 - $225,000/annually Please note, the base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, education, geographic location, internal equity, and other applicable business and organizational needs. This role is incentive eligible based upon company, business, and/or individual goal achievement and performance. Team members accrue paid time-off (PTO), receive Holiday (PTO) and are eligible to participate in the bank’s Health and Wellness benefits including Medical, Dental and Vision Plans, Flexible and Health Savings Accounts, and a 401(k) Retirement Plan. In addition, the company provides Disability Insurance, an Employee Assistance Program, and Basic Life Insurance. Company sponsored Tuition Disbursement and Loan Repayment programs are also available. Voluntary benefits include Supplemental Life Insurance, Accident, Critical Illness, Hospital Indemnity and Legal plans.