What are the responsibilities and job description for the Commercial Lending Manager position at River Bank?
TO OFFICIALLY APPLY: Please visit https://riverbank.biz/Employment-Opportunities to obtain our Application and submit with your Resume to the email/mailing address listed.
Schedule: Monday - Friday during normal business hours, 8am-5pm.
Position Summary:
The Commercial Lending Manager will oversee employees in the Commercial Lending division, ensuring productivity and compliance with applicable policies and standards. The Commercial Lending Manager will review and make recommendations regarding large loan relationships prior to submission to the Directors Loan Committee. The Commercial Lending Manager will be part of the Executive Loan Committee.
Duties and Responsibilities:
- Manage, support, and develop the Commercial Lending division and its employees.
- Lead efforts with executive management to develop and implement appropriate lending and deposit strategies.
- Review commercial loan procedures on a routine basis; recommends any necessary updates or revisions.
- Oversee commercial lending process, ensuring that loan packages are properly filed.
- Maximize portfolio growth through effective planning, development, training on, and implementation of lending strategies.
- Review existing and new client relationships for credit quality, structure, and pricing.
- Originate loans and work with the Retail Banking Manager and Branch Managers to develop complete customer relationships.
- Work with the Chief Credit Officer and Chief Lending Officer to implement systems, risk controls, and policies and procedures in line with regulatory requirements, institution policies and targets.
- Monitor and manage the institution’s portfolio and communicate performance and concerns to top management.
- Be actively involved in the communities the bank serves.
- Provide the analytical framework to enable informed business decisions that identify trends early to capitalize on opportunities and manage risk.
- Other duties as assigned by supervisor(s).
Requirements:
- Ten (10) years of experience as a Loan Officer or similar financial position.
- Excellent financial analytical skills with sound judgement and decision-making abilities.
- Extensive knowledge of financial institution policies, procedures, and regulations.
Desired Knowledge, Skills, and Abilities:
- Bachelor degree in Accounting, Finance, Business Administration, or a related field.
- Management experience.
River Bank provides a diverse and inclusive work environment. We are an equal opportunity employer dedicated to hiring individuals with disabilities and protected veterans. EOE M/F/D/V
Job Type: Full-time
Expected hours: 40 per week
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee assistance program
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Referral program
- Vision insurance
Work Location: In person
