AVP, Relationship Manager

Avidbank•San Jose, CA

49d•Hybrid

About The Position

Avidbank is a $2.3 billion commercial bank based in Silicon Valley serving the San Francisco Bay area and beyond. We are a highly responsive business bank, providing tailored financial solutions. We are advocates for our clients and specialize in providing innovative banking products and supportive services that exceed our clients’ expectations. Founded in 2003, we specialize in commercial & industrial lending, technology and asset-based lending, specialty finance, real estate construction and commercial real estate lending. We have one branch in San Jose along with loan production offices in Redwood City and San Francisco. The AVP, Relationship Manager is responsible for managing an portfolio of clients and developing good business relationships that lead to loans, deposits and other banking products offered by the Bank. The Relationship Manager will assist with the management sales and service efforts to ensure retention of existing relationships and growth of new relationships; including tapping into their own professional network.

Requirements

Thorough understanding of financial services and banking products
Strong underwriting and portfolio management skills
Results driven.
Financial modeling experience and comfort
Ability to manage complex credits and client relationships
Skilled communicator (written and verbal)
Strong ability to lead and motivate junior staff
Ability to interpret financial data and reports and when necessary, recommend appropriate actions
Ensures absolute confidentiality in all areas of responsibility
Pro-active attitude and resourcefulness
Bachelor's degree along with at least 3-4 years of experience.
Experience in asset-based and cash flow lending products.

Nice To Haves

Background in cash flow lending for sponsor-backed borrowers a plus
Thrives in a dynamic and remote work environment

Responsibilities

Develops and manages a significant and dynamic loan and deposit portfolio for the Bank specializing in serving businesses.
Develops business checking and deposit relationships with customers; and promotes business for the Bank by maintaining good customer relations and referring customers to appropriate staff for new services.
Interviews prospective applicants and requests specified information related to loan or credit application; corresponds or re-interviews applicants to resolve questions regarding application information.
Analyzes potential loan markets to develop new prospects.
Develops business relationships and business referral sources.
Performs pre-qualification assessment and analysis of financial condition and risk of financing requests within framework of Bank credit culture and current economic and industry trends.
Gathers and analyzes all information necessary to present a financing request to senior management or Loan Committee for approval; meets with existing or potential customers; visiting sites of loans; negotiates loan terms and conditions.
Solicits, negotiates, underwrites and coordinates the closing of business loans in compliance with the Bank’s lending policies and procedures.
Coordinates processing of approved loans; ensures loans are processed according to agreement, customer needs and conform to Bank lending policies; obtains sufficient information and/or documentation from customers; solves problems relative to processing and servicing of loans within his or her portfolio; approves loan disbursements in accordance with agreements.
Conducts relevant due diligence interviews or calls with venture capital and Private Equity investors, as needed.
Ensures that credit inquires and UCC filings are researched to determine credit worthiness and appropriate collateral positioning are achieved.
Ensures that certification or deletion of collateral is made by the appropriate personnel.
Negotiates, underwrites and processes renewals of credit facilities.
Approves loan payments, draws from lines of credit, and fund transfers within specified limits.
Reviews Monthly financial reporting, borrowing bases, and compliance certificates to assess compliance with credit agreements.
Reviews NSF and overdraft reports for customers assigned within his or her portfolio; approves or declines such exceptions within established lending limits
Assists management in insuring compliance with applicable banking regulations, with particular emphasis on the Bank Secrecy Act.
May represent the bank in community or civic functions to promote Bank image and bank products and services.