Senior Vice President/Head of Commercial Lending

SEAMEN'S BANK•Provincetown, MA

3d•Hybrid

About The Position

The Senior Vice President (SVP)/ Head of Commercial Lending serves as the backbone and visionary for the Commercial Lending department. This incoming leader will have direct oversight of the lending team, credit administration, and supporting functions. Will drive business strategies and growth, assess and minimize risk, and ensure strict compliance with policies and regulatory requirements. As Seamen’s Bank strives to be the quintessential community institution, the SVP/Head of Commercial Lending will serve as a community ambassador for the Bank. The SVP/Head of Commercial Lending will play a critical role in defining how commercial lending is structured, developed, and grown. S/he will have the ability to map and pivot based on long-term goals, while remaining tuned in to the details that make commercial lending challenging and rewarding.

Requirements

Proven ability to set strategy, drive performance, and develop high-performing, willing teams who will develop a natural appetite to bring new business and revenue growth
Demonstrated ability to originate, structure, and close complex commercial credit transactions
Success as a senior manager and trusted advisor to both team and customers
Large capacity to optimize operations and platforms and improve standardized workflows
Highly skilled at collaborating across departments to offer comprehensive family of products and solutions and to achieve Bank goals
Expertise in credit risk management, including underwriting standards, risk rating systems, and portfolio monitoring
Proven ability to enforce disciplined credit practices while balancing growth and risk across portfolio
Comprehensive understanding of banking regulations, with a proven track record of successfully managing regulatory exams, audit processes, and compliance matters
Handle reconciliations, exceptions analysis, and produce necessary reporting such as Communications/Observations, Insider Loan, Sales Transactions, etc.
Desire to partner cross-functionally to remediate findings and strengthen internal controls
Proven leadership experience overseeing credit administration and lending operations
Strong knowledge of commercial credit, underwriting, and portfolio management
Strong understanding of regulatory frameworks and supervisory expectations
Exceptional leadership, communication, and decision-making skills

Nice To Haves

MBA or equivalent preferred

Responsibilities

Lead, build, and align commercial lending team
Identify succession plans and strengthen leadership bench
Drive consistent production, underwriting discipline, and client experience
Handle daily operations, including administrative needs and addressing staff issues and performance
Participate and serve as contributor for various committees specific to commercial lending and Bank-wide initiatives
Establish realistic operating processes and departmental standards that foster the Bank’s culture of accountability and collaboration
Drive commercial loan growth, profitability, and asset quality
Expand relationships and widen commercial reach beyond the Outer Cape
Contribute to overall budgeting, forecasting, and long-term strategic planning
Develop and lead operational initiatives to standardize processes to ensure efficiency, accuracy, and operational excellence
Oversee underwriting, credit policy, approval processes, and portfolio management
Ensure consistency in credit standards, risk ratings, and documentation
Partner with credit team on risk mitigation and asset strategies
Ensure adherence to all banking regulations and supervisory expectations
Partner with audit and compliance functions
Lead regulatory exam preparation and response efforts
Maintain strong relationships with regulatory agencies