Commercial Lender II

Job Responsibilities

• Maintains performing commercial loans.
• Assists more experienced lending team members with portfolio maintenance requirements for large dollar or more complicated loan transactions.
• Interacts with customers to maintain and enhance business relationships.
• Affords assistance in the resolution of loan documentation exceptions.
• Interviews new loan applicants as well as existing borrowing customers.
• In conjunction with the Credit Department, analyzes financial and related data for credit worthiness and merits of loan requests.
• Establishes terms and approves loans within lending authority or recommends approval to senior management.
• Informs customers of Bank decisions.
• Develops new business by contacting potential customers and following up on leads.
• Cross sells Bank products and services.
• Maintains a current knowledge of local and national economic, financial, political and legislative trends.
• Monitors delinquencies and evaluates problem loans.
• Analyzes benefits of restructuring versus pursuing legal collection action.
• Negotiates and reworks loans or implements legal collection action or referral of the loan to the Special Assets Department.
• Estimates financial impact to the Bank.
• Maintains a current knowledge of local and national economic, financial, political and legislative trends.
• Determines the possible impact on commercial lending activities.
• Prepares monthly, quarterly and annual reports to track loan originations.
• Maintains a current knowledge of local and national economic, financial, political and legislative trends.
• Maintains a current knowledge of local and national economic, financial, political and legislative trends.

Qualifications

• Bachelor Degree in Finance, Accounting, Economics or Business related field.
• Master’s degree in finance, business or economics preferred; Minimum of 8 years experience in Commercial Lending.
• Minimum of 2 years experience as a Commercial Lender;
• Formal credit training required;
• Local business experience specifically Northern NJ with potential market expansion;
• Strong Commercial Real Estate (CRE) and Construction (CON) expertise is required;
• Must have the ability to develop and retain CRE & CON loan business;
• Must be able to produce assigned loan volume as set annually;
• Must ensure and maintain asset quality of loan portfolio;
• Excellent decision making and problem solving abilities;
• Thorough knowledge of lending regulations required;
• Excellent written and verbal communication skills with the ability to deal effectively with customers, attorneys, realtors and other financial institutions as well as all levels of Bank personnel;
• History of community involvement through volunteerism and/or representation with charitable organizations;
• Excellent organizational, follow-up and time management skills.

Benefits

• Medical, Dental, Vision and Rx which are contributory.
• Bonus programs.
• Employee Stock Option Program (ESOP).
• Life Insurance, Long Term Disability and Accidental Death and Dismemberment (LTD&AD&D).
• Paid Time Off (PTO) which includes Personal and Vacation Time.
• Paid Sick Time.
• Bank Holidays.
• Employees may participate in the 401k program.

Schedule

This role is eligible for a hybrid schedule: 3 days in the office and 2 days work from home, based on business needs. This arrangement may change without notice.