
Union Savings Bank Verified
Banking, Financial Services
VP Senior Commercial Loan Officer II
Danbury, CTOnsiteFull TimeVice PresidentPosted 15 days ago
Required skills
- commercial account relationships
- new business
- loan process
- cross sell
- referral sources
- complex transactions
- bank operations
- loan requests
- governmental loan programs
- loan closings
Nice to have
- top third among peers
- minimal delinquency
- runoff
- active participation
Role summary
The VP Senior Commercial Loan Officer II is responsible for developing and managing complex commercial account relationships, soliciting new business, and underwriting loans. This role involves cross-selling bank products, managing a large commercial portfolio with minimal risk, and ensuring compliance with bank policies and regulatory environments. The position requires strong leadership, credit analysis, and relationship management skills, with a focus on producing top-tier results in new loans and fees.
Sales
- Develop and manage large and most complex commercial account relationships.
- Solicit for new business and interview applicants.
- Communicate with internal/external customers throughout application and loan process.
- Demonstrate strong leadership skills.
- Cross sell bank products and services, utilizing referral sources and joint calling efforts with other Bank sales specialists to inform prospects and customers.
- Able to handle multiple, complex transactions at a time with little supervisor assistance.
- Knowledgeable in bank operations, procedures, and in the types of transactions which are most desirable to the Bank.
- Structure, coordinate and underwrite all loans in conjunction with Credit Administration as applicable.
- Handle new loan requests in conjunction with governmental loan programs.
- Able to handle any type of complex loan closings in conformity with bank policies and procedures including closings enhanced by derivatives.
- Identify, cultivate and maintain relationships with referral sources.
- Demonstrate the ability to consistently produce in the top third among peers for new loans and fees.
Portfolio Management
- Collect and analyze financial and related data to establish creditworthiness.
- Monitor customer’s account relationships through financial analysis and ongoing customer contact thus increasing retention and satisfaction, while minimizing risk.
- Manage and structuring some of the most complex credits within the Department.
- Manage a large commercial portfolio with minimal delinquency and runoff.
- Demonstrate ability for monitoring customer adherence to loan terms and enforcement of conditions precedent, covenants and general monitoring.
- Attentive to duties as a loan officer and detail-oriented.
Community Involvement
- Maintain through active participation professional and community relationships, increasing the Bank’s visibility within the marketplace, thus generating new business opportunities and furthering professional development.
- Keep abreast of local economic, financial and legislative events which may have an impact on commercial lending activities.
- Keep current and maintain knowledge of changes in regulatory environment pertaining to commercial lending.
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