VP, Commercial Banking Officer

First Federal Bank Of Wisconsin•Waukesha, WI

2d•Onsite

About The Position

The VP, Commercial Banking Officer will be responsible for developing new loan business, as well as maintaining and servicing an existing portfolio. Also, he/she will represent the bank in the local community through active participation in community affairs and by marketing all of the bank’s products and services. This role is for a full-time, A+ Team Player who is ready to excel in their job and potentially find their niche within First Federal Bank of Wisconsin. The bank is on a mission to provide exceptional customer service with a vision of ensuring every customer feels supported. They take their culture seriously, celebrate successes, and are committed to community improvement. First Federal Bank of Wisconsin is experiencing tremendous growth and seeks individuals who can bring efficient solutions to enhance the workplace. As a Rockstar Employee, you will ensure exceptional customer service by providing a "Can Do" attitude, doing the right thing, being your best self, building strong relationships, meeting conditions of satisfaction, maintaining confidential information, and being proactive in identifying and addressing needs for the bank's success.

Requirements

4 year degree in Accounting, Finance, Business Administration or equivalent experience.
Thorough knowledge of banking services, especially as it relates to lending.
Display knowledge and abilities to analyze financial information.
Must have good verbal and written communication skills.
Must be able to work independently with little supervision.
Ability to develop and exercise interpersonal skills in negotiating and selling.
Ability and willingness to maintain specialized technical and product knowledge.
Bachelor’s degree or equivalent experience required, with basic understanding of business and economic subjects.
Two to four years of loan and banking experience required.
The ability to welcome constructive criticism.
Welcomes change and seeks growth opportunities.
Accountable and responsible—no excuses or whining!
Possess a “ can do ” attitude with all tasks they encounter.
Regularly takes on responsibility for areas beyond their basic job duties.
Initiative to own responsibility for outcomes and get things done.
Detail-oriented and focused on completing work of the highest quality.
Open communication and staff camaraderie.
Reliable in terms of attendance and punctuality.
Committed to being on time and prepared to accomplish deadlines and goals.
A commitment to grow

Responsibilities

Generate commercial loans and fee income while properly managing the risk of the loan portfolio in accordance with bank policy, procedures, and complying with regulations.
Service credit needs of customers and prospects; obtaining financial and other information; analyze credits; recommend approval to senior management or the credit committee where required; and negotiate terms and conditions such as rates, collateral, guarantees, loan agreements, and other documentation.
Generate deposits and assist in the sale of other bank products and services.
Proactive loan portfolio management to ensure minimum risk of loss on all loans.
Act as financial consultant to customers and prospects which require maintenance of technical knowledge.
Responsible to manage and grow commercial and public deposit base as directed. Solicit the business of new and established customers.
Acts as a relationship manager for customers ensuring customer satisfaction and the resolution of service problems.
Maintain product and selling knowledge to generate credit, deposit, and fee business.
Monitor the quality of book of loans and credit accounts. Maintain a well-mixed book of business while maintaining diversification and monitoring financial risk. Complete credit pool analysis.
Responsible for preparation of appropriate action plans as assigned.
Analyze and decision commercial loans promptly upon completion of the analysis.
Understand and comply with bank policy, laws, and regulations.
Applies on-going supervision and review of the credit until ultimate collection or loan payoff.
Monitor/mentor junior leaders as needed.
Other duties as assigned.
Follow and enforce First Federal Bank of Wisconsin policies and procedures.
Follow and enforce all state and federal banking regulations.
Adhere to BSA/AML/CFT/OFAC policy and requirements during all customer interactions.
Verify customer identification and maintain compliance with the Customer Identification Program (CIP).
Monitor for suspicious activity and promptly escalate concerns to the BSA Officer.
Ensure OFAC screening is completed for applicable transactions.
Assist in gathering information for Currency Transaction Reports (CTRs) and Suspicious Activity Reports (SARs) when required.
Participate in ongoing BSA/AML/OFAC training and maintain current knowledge of regulatory requirements.