jobs description

VP Commercial Lender
Reference: 50615
Industry: Banking/Investments
Location: Boston, MA

Job description:
Under the direct supervision of the Senior Vice President/Commercial Lending, performs all interviews, preliminary underwriting, decision-making process and loan closings for all commercial loans. Analyzes and summarizes financial information for existing and prospective loan customers; assist Credit Administration staff to prepare credit related reports for presentation to loan committee.
Primary Responsibilities

Interview and evaluate new and/or existing loan relationships based upon due diligence including but not limited to credit history and loan repayment capabilities.

Responsible for appropriate customer history reports, credit files, financial statements and approvals reviews with Department Sr. Vice President as required.

Accurately complete all credit underwriting and make credit decisions based upon Commercial Credit Policy as well as regulatory policy.

Monitor risk within the portfolio by completing annual credit reviews of existing relationships to ensure accurate risk ratings are in place.

Schedules and performs closings insuring that all terms and conditions of approval are documented properly and collateral positions are in place

Monitor loan maturities, completing procedures for renewals, adjustments annual reviews according to Commercial Credit policy

Request and review real estate appraisals and environmental studies as required by Commercial Credit Policy

Participate and represent the Bank at Chamber Meetings, Business Development Programs and other Community Events as necessary.

Attend periodic officer and loan committee meetings as required

Maintain compliance with all related bank policies, confidentiality, standardized procedures and regulations

Other duties as assigned

Secondary Responsibilities

Complete credit underwriting and make credit decisions with regard to ACH and RDC approval for non-borrowing customers

Qualifications

Bachelors degree in business or accounting

Minimum of 2 years experience as a Commercial loan officer

Proven business development skills

25% availability to travel outside of 50-mile radius

Excellent written and verbal communication skills

Excellent public relations skills.

Excellent follow-up and organizational skills

Moderate computer skills

Ability to sit, drive, perform telephone and computer input functions

For more information on this position please contact:

• Bob Bray 617-696-9594 -
• Susan Whitney 508-245-0685 -

The Bray Group is an executive search firm specializing in recruiting and consultation for financial service companies and not for profit organizations.

The Bray Group 354 Brush Hill Road - Milton, MA 02186 — Phone: 617.696.9594

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Boston MA United States

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