VP Commercial Lending

About the role

Under the direction of the Chief Lending Officer, the Commercial Lender will work independently to cultivate and develop relationships with local businesses and real estate investors to grow our existing loan portfolio. The incumbent will also manage an existing loan portfolio of C&I and CRE relationships with loan sizes up to $4,000,000.

Responsibilities

• Evaluates loan documentation, analyzes the credit history of applicants, and determines loan repayment capabilities prior to submission to the Bank's Credit Department.
• Negotiates credit terms such as costs, loan repayment methods, and collateral specifications within Loan Policy guidelines to originate profitable commercial loans.
• Fully underwrites new credits, extensions, and modifications to existing credit.
• Manages a commercial loan portfolio, ensuring timely handling and processing of upcoming loan maturities, renewals, updated financial statements, and advance requests to maintain overall loan compliance and asset quality.
• Monitors loan repayment activities and takes necessary actions to collect from past-due accounts.
• Keeps abreast of the economic condition of the market (competition, demographics, etc.).
• Reviews new laws and regulations that influence business lending within the financial institution and makes recommendations to management when necessary.
• Generates leads and referrals to other business lines within the Bank, including residential/consumer loans, insurance, and investments.
• Participates in community activities to develop new business and establish goodwill in the community.
• Must have a thorough understanding of all Bank products and services as well as knowledge of all related banking and compliance laws.
• Performs other job duties as assigned.

Requirements

• Degree in Finance or Business or equivalent experience.
• Minimum of 5 years of experience as a commercial lender.

Skills

• Excellent organizational, verbal, and written communication skills.
• Strong commercial real estate expertise (a plus).
• Proficiency in Microsoft Office Suite.
• Ability to read, analyze, and interpret policies, contracts, credit and financial documents, and other legal documents.
• Ability to present, sell, and service bank products while demonstrating professional knowledge of commercial lending.
• Strong analytical and mathematical capabilities, with an understanding of credit underwriting and loan documentation.

Physical Requirements

Office environment.