Senior CRE Loan Officer

About the role

The Senior Commercial Real Estate Loan Officer at Cambridge Savings Bank is responsible for originating, underwriting, and administering commercial real estate loans. This position involves developing new loan prospects, maintaining relationships, and ensuring compliance with credit standards.

Responsibilities

• Call on potential or existing customers to develop new CRE loan business and increase or retain existing business, including deposit generation, with emphasis on CSB Core markets.
• Generate referral opportunities for other CSB business lines.
• Collect and analyze financial and related data to establish credit worthiness and/or make recommendations with respect to new loans, negotiate credit terms with customers, existing loan extensions and renewals.
• Maintain an active marketing/calling program, primarily within Cambridge Savings Bank’s (CSB’s) identified Core Market communities.
• Monitor assigned commercial real estate relationships on a continuing basis as to collateral and credit quality.
• Interface with other areas in the Commercial Lending Division as well as other CSB departments to ensure that all relationships are developed and serviced appropriately.
• Resolve commercial loan delinquencies.
• Prepare and present well written loan proposals for required approval in coordination with the Credit Administration Department.
• Participate in community affairs and professional organizations to increase the Bank's visibility and to enhance new business opportunities.
• Keep abreast of local and national economic, financial, political, and legislative events and climates which could have an impact on lending activities.
• Provide training, coaching and constructive feedback to junior colleagues, fostering their professional growth and skill development.
• Act as a role model with a commitment to bank’s success.
• Establish and maintain effective working relationships with other employees and customers.
• Resolve customer problems and/or complaints.
• Contribute to the effective team management and involvement in bank programs and initiatives.

Qualifications

• Bachelor’s College education required.
• 10+ years' experience in commercial real estate lending.
• Formal credit training and deep understanding of credit analysis are necessary.
• Strong sales and negotiation skills.
• Strong communication, customer service and interpersonal skills.
• Ability to anticipate and identify customer needs and business opportunities.
• Strong analytical skills with the ability to analyze and structure appropriate loans for specific property and/or borrower requirements.
• Knowledge of regulations concerning commercial real estate lending.
• Proven computer skills, MS Office with strong working knowledge of Excel (Argus a plus).
• Ability to work independently and meet deadlines.
• Ability to work independently on unstructured projects with limited direction.
• Strong internal and external customer service skills.

Skills

The ideal candidate should possess a combination of technical and soft skills, including the ability to manage complex transactions, communicate effectively, and build strong client relationships.

Benefits

Cambridge Savings Bank offers a comprehensive benefits package, including healthcare, parental planning, mental health benefits, performance bonus opportunities, a 401(k) plan and match, flexible time off, and more. The company is also a VEVRAA Federal Contractor and an equal opportunity employer.

Pay

The reasonably estimated salary for this role at Cambridge Savings Bank ranges from $190,000 - $240,000. Cambridge Saving Bank will determine actual compensation for the role based on factors including, but not limited to, the successful candidate’s skills, qualifications, and experience.

Schedule

The position is currently offered on a hybrid schedule based in Waltham, MA.