Senior Loan Officer

5 days ago


Marlton, New Jersey, United States OceanFirst Bank Full time
Job Summary

We are seeking a highly skilled and experienced Commercial Banking Sr. Relationship Manager to join our team at OceanFirst Bank. This individual will be responsible for acquiring new commercial banking clients and expanding/retaining existing relationships.

Key Responsibilities
  • Develop and manage a commercial loan portfolio to broaden the Bank's reputation and increase revenue.
  • Solicit and service prospective customers, producing a variety of commercial loans and generating new accounts through calling efforts, marketing, and referrals.
  • Manage and provide services for larger, more complex commercial loan relationship clients under the guidelines of the Bank's loan policies and procedures.
  • Identify and develop new commercial loan relationships, interview clients and prospects, collect and analyze financial data, and structure loan terms and conditions.
  • Monitor loan repayment activities, take necessary action to collect from past-due accounts, and drive new business development, portfolio management, and credit quality.
Requirements
  • Superior knowledge of commercial banking products and services, credit policy and procedures, and commercial compliance regulations.
  • Thorough knowledge and understanding of banking regulations and laws governing commercial lending.
  • Proven ability to work independently and leverage professional relationships within and outside the bank.
  • Deep understanding of capital structures and experience in senior debt structures.
  • Extensive knowledge of financial analysis, risk evaluation, loan documentation, and commercial loan structure.
  • Familiar with sales automation tools or related technologies.
  • Strong relationships and well-recognized in the local market.
  • Strong computer literacy in MS Office.
Education and Experience

Bachelor's degree with an emphasis in Business, Finance, Accounting, or related field or equivalent work experience. Minimum of 10+ years commercial lending experience. Formal credit training strongly preferred.



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