Vice President, Commercial Banking- Innovation Banking
About The Position
The Vice President, Commercial Banker—Innovation Banking identifies target markets and develops a new book of business through customer relationships. The role negotiates, underwrites, and coordinates the closing of major and complex loans in accordance with the Bank’s lending policies and procedures, while developing business checking and deposit relationships. It also helps clients select deposit products and services by gathering and analyzing client information. The position combines market research, business development, relationship management, credit and loan administration, and community representation. The Vice President works closely with treasury partners, customers, senior management, and the Loan Committee to develop and service financing relationships and support the Bank’s market position.
Requirements
- At least 6 years of related experience or experience in a similar field.
- Bachelor’s degree or equivalent experience.
- Intermediate to advanced knowledge of general banking operations, including deposit operations, loan administration, treasury management, and/or other commercial banking products and services.
- Intermediate to advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards, and practices.
- Advanced knowledge of relationship management.
- Advanced organizational and time-management skills.
- Advanced speaking and writing communication skills.
- May require up to 50% travel.
Responsibilities
- Compile and analyze market research data and recommend products and services suited to target-market needs.
- Conduct business development and solicit new business within the target market.
- Collaborate with treasury partners to provide seamless client experiences.
- Call on and visit target customers to promote Bank products and services and establish a new book of business.
- Develop and maintain customer records, including calls and results for new business relationships, and provide reports to superiors as required.
- Interview prospective applicants, obtain information for loan or credit applications, and follow up to resolve questions.
- Conduct preliminary qualification and analyze applicants’ financial condition and financing risk in light of the Bank’s credit culture, economic trends, and industry trends.
- Gather information needed to present financing requests to senior management or the Loan Committee for approval.
- Meet prospective customers, visit loan sites, negotiate loan terms and conditions, and recommend acceptance to the Chief Credit Officer or Loan Committee.
- Coordinate approved-loan processing, ensure loans meet agreements, customer needs, and Bank policies, obtain required customer documentation, and resolve portfolio loan-processing and servicing issues.
- Maintain knowledge of financial-industry conditions and trends.
- Recommend to senior management products and services with less-than-satisfactory performance.
- Represent the Bank at community, civic, and community reinvestment events to strengthen the Bank’s image and develop business.
- Assist the Bank in establishing and maintaining its position in the financing market.
Benefits
- Competitive salaries
- Ownership stake in the company
- Medical insurance
- Dental insurance
- Time off
- 401(k) matching program
- Tuition assistance program
- Employee volunteer program
- Wellness program
- Potential annual bonus or incentives and restricted stock
- Opportunity for business learning and hands-on career development
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What This Job Offers
Job Type
Full-time
Career Level
Senior
