Posted in: Other in Boston | Posted: |
The Position
Our Massachusetts-based bank client is seeking to fill a Hybrid Remote VP – C&I Commercial Lender – Middle Market role in the Boston, MA area. The position is responsible for initiating and developing relationships with Middle Market C&I customers: actively managing loan requests from the application stage to funding.
The opportunity has a generous salary of up to $175K plus a bonus and a benefits package including 100% medical premiums paid by the bank and up to 8% 401K match. (This is a hybrid remote position – must live in the Boston, MA area).
VP – C&I Commercial Lender – Middle Market responsibilities include:
Sourcing, evaluating, and recommending for approval of C&I loans.
Actively manage a C&I loan portfolio.
Managing and growing a significant existing commercial loan portfolio.
Originating and closing new loans to existing customers and prospects with revenues ranging from $5MM-75MM and aggregate lending needs ranging from $1MM to $10MM consistent with the Bank’s loan policies and state and federal regulations.
Analyzing applicants’ financial status, credit strength, and supporting evaluations to determine the feasibility of granting loans.
Presenting new loan requests and other reports as necessary.
Working with clients to identify their financial goals and to find ways of reaching those goals.
Conferring with the team leader to aid in resolving commercial loan application problems as necessary.
Cross-selling other bank products including deposit products and cash management achieving ambitious goals.
Assisting in the collection/workout activities with troubled/non-performing assets.
Participating in Bank task forces and committees as assigned.
Performing additional duties as requested, needed, or assigned
Requirements
Who Are You?
You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.
You also bring the following skills and experience:
Bachelor’s degree in business, finance, or a related area.
Five or more years of experience in Commercial & Industrial lending.
Strong knowledge of commercial lending practices and related areas.
Extensive knowledge of financial institution policies and procedures.
Good sales, organizational, communication, and public relations skills particularly in working with documentation that requires special handling.
Knowledge of credit and lending policies and procedures.
Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.
Benefits
The opportunity has a generous salary of up to $175K plus a bonus and a benefits package including 100% medical premiums paid by the bank and up to 8% 401K match. (This is a hybrid remote position – must live in the Boston, MA area).