VP, Commercial Team Leader
Beacon Bank · Yorktown Heights, NY · 1 wk ago
Business Development$140k–$257k/yrFull-time
Status: Exempt/Officer | Grade: 15 | Location: Yorktown Heights, NY - 2151 Strang Blvd
Pay
Salary Range: $139,614 - $257,288. Actual compensation within the pay range will be determined based on factors including, but not limited to, skills, prior relevant experience, and specific work location.
About the role
Primary responsibilities are to manage a team of lenders and support staff ensuring that the team is generating new business, effectively managing the portfolio, and ensuring adherence to credit, compliance and operational policies.
Responsibilities
- Management/Leadership: Supervise team members to ensure adherence to all bank policies and procedures. Provide leadership aligned with the Bank’s Core Four and credit cultures. Approve and recommend loans within appropriate authority that are adequately structured and bear acceptable risk. Ensure budgetary goals are met and complete additional projects as assigned.
- New Business: Develop new business opportunities through client solicitation, involvement in industry organizations, and expansion of the existing client base. Ensure loans are properly underwritten with appropriate financial analysis and due diligence. Oversee proper documentation and post-approval due diligence. Increase deposits and generate non-interest fee income through interest rate hedging products, loan participation sales, and referrals to partner organizations.
- Portfolio Management and Credit Analysis: Maintain and provide customer service for an assigned loan portfolio. Monitor and manage loan quality, assess credit quality in accordance with policy, complete annual credit reviews, and ensure accurate risk ratings. Collect and track portfolio data to monitor status.
Requirements
- Bachelor’s degree or equivalent
- Minimum of 10+ years of commercial lending and underwriting/portfolio management experience
- Understanding of the commercial marketplace within the Bank’s target area
- Familiarity with the Bank’s credit policy and guidelines
- Knowledge of other Bank products and services for cross-selling purposes
- Strong oral and written communication skills
- Leadership experience preferred
Skills
- Consistently demonstrate behaviors associated with Brookline Bancorp’s Core Four values: adaptability, accountability, leadership, and teamwork