Jobs · Finance · Massachusetts

Vice President, Commercial Lending, Rowley, MA

Ipswich Co-Operative Bank · Rowley, MA · 3 days ago
Finance$150k–$200k/yrFull-time

About the role

The Institution for Savings is seeking a Vice President of Commercial Lending.

Responsibilities

  • Manages existing portfolio relationships and new loan production.
  • Collects and analyzes financial and related data to determine general creditworthiness, including credit reports, background checks, reference checks and other information; as needed, submits applications to credit analysts for verifications and recommendations.
  • Compiles loan packages and facilitates negotiation of loan structures with applicants.
  • Recommends approval or declination of loans within established Bank policies and informs prospective borrower of decision; refers to loan committee for approval as appropriate.
  • Ensures loan agreements are complete, and that loan closings and funding occurs in a timely manner.
  • Identifies and develops new commercial loan relationships within the Bank’s market.
  • Promotes and cross-sells other Bank products and services as appropriate.

Job Qualifications

  • Bachelor's degree preferred or three to five years related experience and/or training; or equivalent combination of education and experience.
  • Advanced knowledge of the Microsoft Office suite.
  • Excellent written, verbal and interpersonal communication skills.
  • Self-motivated, proactive, and goal oriented.
  • Utilizes strong organizational skills to perform and prioritize a high volume of tasks simultaneously.
  • Consistently achieves goals and meets strict deadlines while maintaining excellent attention to context, substance and detail.
  • Embraces the team-oriented culture and works collaboratively across the Bank to support the Bank’s strategic growth plans.

Benefits

  • Fully paid medical, dental and vision insurance.
  • Dollar-for-dollar 401(k) match up to 10%.
  • Life insurance.
  • Disability plan.
  • Pension plan after 2 years of service.
  • Generous vacation and paid-time off.
  • Quarterly incentive.

Pay

$150,000.00 To $200,000.00 Annually

Schedule

Full-time

Requirements

Member FDIC. Member DIF.

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