Relationship Manager I - CRE

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.

About the role

Under general direction, this Commercial Real Estate (CRE) position is responsible for origination, evaluation, and structuring of complex loan requests and transactions. Additional responsibilities include portfolio management for the team portfolio, assisting senior lenders with loan production, cross-selling other Bank products and services, and increasing the bank’s visibility in the marketplace. This position is considered the less experienced job in the job family.

Responsibilities

• Solicits credit-worthy potential and existing customers to develop new business and increase or retain existing business within the framework of the Bank’s policies and procedures.
• Promotes profitable growth of the loan portfolio and maximum customer responsiveness.
• Oversees the preparation of loan presentations, including detailed financial analysis and assessment of borrower’s financial capacity and creditworthiness.
• Assesses lending risks, identifies offsetting mitigants, and makes recommendations on loan structure, displaying sound credit judgment.
• Establishes and promotes customer and community relationships; cross-sells other Bank products and services; maintains continued awareness of market conditions and competition; continues education in financing products and techniques.
• Manages all aspects of an assigned loan portfolio with emphasis on covenant and bank policy compliance, credit quality, and delinquency control.
• Facilitates closing of loan transactions with strict compliance with approved terms and conditions.

Requirements

• Bachelor’s degree in Accounting, Finance, or Business Administration.
• Comprehensive loan analysis experience.
• 3-5 years of related experience within the financial industry.
• Comprehensive financial analysis experience.
• Comprehensive knowledge of underwriting techniques.
• Proven new business track record.
• Strong oral, written, communication, and management skills.
• Proficient with software programs (Microsoft Word, Excel, and Argus).

Working Conditions

• Work is mainly performed in a normal office environment with moderate noise levels.
• May involve travel to customers and property locations.
• Prolonged sitting.
• Lifting from 5 to 10 lbs. (e.g., printer paper, storage boxes).
• Occasional bending or overhead lifting (e.g., storing files or boxes).
• The hazards are mainly those present in a normal office setting.

Pay

$99,400 - $163,300 annually. The base pay offered may vary based on skills, experience, job-related knowledge, education, geographic location, internal equity, and other applicable business and organizational needs. This role is incentive-eligible based on company, business, and/or individual goal achievement and performance.

Benefits

• Paid time-off (PTO) and holiday PTO.
• Health and wellness benefits including Medical, Dental, and Vision Plans.
• Flexible and Health Savings Accounts.
• 401(k) Retirement Plan.
• Disability Insurance.
• Employee Assistance Program.
• Basic Life Insurance.
• Company-sponsored Tuition Disbursement and Loan Repayment programs.
• Voluntary benefits including Supplemental Life Insurance, Accident, Critical Illness, Hospital Indemnity, and Legal plans.