Regional Manager, VP

Northern BankWoburn, MA
$140,000 - $150,000Hybrid

About The Position

Northern Bank is a leading financial institution dedicated to providing exceptional banking services to our valued customers. With a strong commitment to excellence and a focus on community engagement, we have established a solid reputation in the financial industry. Our primary mission is to empower and support businesses in their growth journeys. With a deep commitment to fostering economic development and entrepreneurial success, Northern Bank stands out as a dedicated partner for businesses of all sizes. As we continue to grow, we are looking for a dynamic and experienced Regional Manager to lead our banking offices in Sudbury, Acton, Littleton, Chelmsford, Westford and Billerica.

Requirements

  • Bachelor’s degree in Business Administration, Finance, or related field preferred
  • Minimum 10 years of banking experience, with 5 years in a managerial or leadership role
  • Strong understanding of banking operations, regulations, and compliance
  • Proven track record of achieving sales and growth targets
  • Exceptional leadership and team management skills
  • Excellent communication and interpersonal abilities
  • Analytical mindset with the ability to make data-driven decisions
  • Highly organized and detail oriented
  • Strong problem solving skills
  • Ability to work collaboratively in a team-oriented environment

Responsibilities

  • Provide strong leadership, guidance, and support to Business Development Managers and their team within their region
  • Develop and execute strategic plans for the region to achieve financial targets, market expansion and business growth
  • Monitor branch performance indicators such as deposit growth, small business loan origination, customer satisfaction and compliance with bank policy and procedures
  • Foster a customer-centric culture, emphasizing exceptional customer service, and manage escalated customer issues
  • Ensure that all branches within the region adhere to banking regulations, policies and procedures, and manage risk effectively
  • Identify opportunities for market growth, customer acquisition, and cross-selling bank products and services
  • Stay informed about local economic conditions, competitor activities, and market trends to adapt strategies accordingly
  • Provide regular reports and updates to the Head of Retail on regional performance, challenges and opportunities
  • Oversee staffing levels, manage personnel issues and plan for succession within the region. In rare occurrences, cover branches as necessary to attain branch goals.
  • Provide strategic leadership and guidance to Business Development Managers and staff within a region
  • Develop and execute regional business plans to achieve revenue and growth targets
  • Monitor and analyze branch performance metrics, identify areas for improvement, and implement corrective actions
  • Foster a customer-centric culture that prioritizes customer satisfaction and retention
  • Ensure compliance with all banking regulations, policies and procedures
  • Recruit, train, and mentor branch staff to enhance their skills and performance; ensuring they have the necessary knowledge and tools to excel in their roles
  • Provide strong leadership to staff within the region, setting clear goals, and fostering a collaborative and motivated team environment
  • Manage budgets, control expenses, and allocate resources effectively
  • Resolve complex customer issues and inquiries escalated from branches
  • Establish strong relationships with local businesses, community leaders, and organizations to drive business development initiatives
  • Completes annual reviews for direct reports
  • Manage staffing levels in their region and ensuring branches have appropriate coverage
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