VP/Commercial Loan Officer

5 days ago


Cambridge, Massachusetts, United States East Cambridge Savings Bank Full time

East Cambridge Savings Bank's Commercial Lending Division is actively recruiting for a
VP/Commercial Lending Officer I.

Salary Range:
$141,000 - $172,000

Function
:

Under the guidance of the Senior Vice President/Senior Commercial Lending Officer, oversees and develops relationships with commercial loan accounts that meet lending requirements in accordance with established Bank policies, procedures and strategic goals.

We are looking for candidates with:

  • Bachelor's degree in business administration or equivalent through special training in lending, credit or related subjects.
  • Ten years progressively responsible experience in commercial lending, including management experience.
  • Excellent analytical, operations management, organizational and communication skills.

Primary Responsibilities:

  • Recommends Commercial Lending Department policies and/or upgrades and improvements to existing policies to Senior Commercial Lending Officer for approval by loan committee and President & Chief Executive Officer. Ensures that policy changes are implemented.
  • Renders final credit decisions on Real Estate and Commercial & Industrial (C&I) customer loans within lending authority.
  • Develops new business relationships and services existing relationships to meet established production goals.
  • As needed, provides guidance and direction to Business Development Officers.
  • Compiles financial information and presents loans to Loan Committee for approval.
  • Guides and assists in development of support staff.
  • Develops and participates in marketing programs for the Bank's lending products and services for commercial real estate and C&I lending.
  • Offers assistance to customers with difficult questions or concerns in regards to commercial real estate and C&I lending services, keeping Senior Commercial Lending Officer abreast of the status of commercial lending services.
  • Monitors and reports on performance in relation to Commercial Lending goals to Senior Commercial Lending Officer.
  • Recommends proposals to expand current business for commercial real estate and C&I lending.
  • Actively participates in community and professional activities and pursues relationships to improve or increase the Bank's business.
  • Represents Bank to customers and community in order to maintain and expand relationships through active community involvement.
  • Participates actively as a Banking Center team member. Works with other members of the team to meet performance goals, develops strategies and promotional efforts for the Center. Maintains a general understanding of all products and services offered in the Banking Center in an effort to effectively present these products and services to customers. Monitors team progress towards attaining goals and objectives.
  • Keeps abreast of regulatory and competitive developments and assesses impact of same.
  • Maintains knowledge of the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Customer Identification Program (CIP), and Office of Foreign Assets Control (OFAC) regulatory requirements. Ensures that management and staff members complete BSA related annual training in a timely manner and that all BSA procedures are followed when applicable. Identifies and reports compliance related issues and suspicious activity.

Contact our Human Resources Division or visit for more details and to apply.

Or submit your resume to:

Email: Fax: Phone:

East Cambridge Savings Bank, Attn: Human Resources

344 Cambridge Street Cambridge, MA 02141

East Cambridge Savings Bank is an Equal Opportunity Employer/Veterans/Disabled



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