Senior Commercial Lending Manager
5 days ago
We are seeking an experienced Senior Commercial Lending Manager to join our team at Dean Co-Operative Bank.
Job Summary
The Senior Commercial Lending Manager will be responsible for developing new commercial banking relationships, managing a portfolio of existing customers, and negotiating and structuring commercial loans. The ideal candidate will have strong managerial and supervisory skills, with a minimum of 5 years of commercial lending experience in a supervisory role.
Key Responsibilities
- Manage the quality and profitability of commercial loans, assessing portfolio risk and ensuring timely delivery of products and services.
- Develop new business relationships, identifying potential customers and initiating business development efforts to establish a banking relationship.
- Approve and manage credit exposures within assigned authority, determining information required for credit analysis and ensuring high-quality credit assessments.
- Perform all duties in accordance with prescribed regulatory compliance guidelines, ensuring full compliance with applicable federal and state laws and regulatory guidelines.
Requirements
- Bachelor's degree or equivalent, with specialized commercial lending training.
- Minimum of 5 years of commercial lending experience in a supervisory role, with excellent organizational, analytical, interpersonal, communication, negotiation, and Microsoft Office skills.
- Knowledge of loan workout, SBA Programs (7A/504c), and ability to read and interpret complicated financial statements and lending regulations.
- Ability to speak effectively and negotiate with clients and employees of the bank.
Working Conditions
The work environment characteristics described here are representative of those the employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Estimated salary: $120,000 - $180,000 per year, depending on location and experience.
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Senior Commercial Lending Manager
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