VP Private Banking

Dollar Bank • Cleveland, OH

16h

About The Position

Step into the world of high net-worth banking as Vice President of Lending at Dollar Bank. In this role, you will have the chance to create and manage a diverse portfolio of loans and deposit products delivering exceptional financial solutions tailored to each individual’s unique needs. As a trusted partner, you will work closely with a team of financial experts to provide top-notch service and make a lasting impact on your clients' financial futures. But this isn't your average lending position - what sets the Private Banking department apart is our commitment to delivering unparalleled experiences. This role requires a sharp eye for detail and a passion for delivering excellent client experiences. Are you ready to join a dynamic, forward-thinking team at the forefront of the banking industry? Apply now and discover what makes Dollar Bank a unique place to work.

Requirements

• Bachelor’s degree in finance or related field, or commensurate experience.
• Five (5) years of lending experience in Private Banking, Business Banking or Commercial Lending with a demonstrated history of sourcing new business opportunities.
• Understanding of legal and regulatory issues associated with the lending function, as well as documentation requirements.
• Ability to analyze financial and operational strengths and weaknesses of business entities and high-net-worth clients, including key risk factors, industry trends, sources of repayment, cash flow, and ability to service debt.
• Must possess strong analytical, organizational, and customer service skills.
• Must have excellent interpersonal skills and be a team player.
• Exceptional oral and written communication skills.
• Proficiency in computer skills including Microsoft Word & Excel.
• A valid driver’s license and access to a reliable vehicle.
• Candidates being considered will be subject to additional background checks as required by the Office of the Comptroller of the Currency.

Nice To Haves

• Proven history of calling on high-net-worth clients in Northeast Ohio.
• Credit/underwriting experience.
• Understanding of collateral, valuation, perfections, and liquidation.

Responsibilities

• Source and develop new client relationships to include loans and deposits.
• Gather financial and credit information and work with credit analyst and underwriter to underwrite loan proposals.
• Administer and maintain loan portfolio.
• Meet annual loan production goals plus associated deposit goals.
• Ensure that proper and complete loan documentation is prepared and executed, and that security conformity with loan covenants, collateral advance ratios and other conditions.
• As necessary, manage workouts, ensuring maximum preservation of principal for the Bank.
• Refer business to other asset areas of Dollar Bank to include, but not limit to: Corporate Banking, Treasury Management, Business Banking and Commercial Real Estate.
• Establish and execute an annual business plan and goals with the objective of fostering Bank growth through mutually beneficial account relationships.
• Represent Dollar Bank in professional associations, community, and civic functions in an advisory or active capacity with emphasis on maintaining and developing business relationships.
• Oversee loan portfolio as to risk management loan considerations to maintain quality control and minimize losses.
• All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing, and monitoring the risk they encounter daily as required by Dollar Bank’s risk management program.
• Compliance with regulatory laws and company procedures is a required component of all position descriptions.
• Perform other duties as necessary.

Benefits

• Full-time employees are eligible for a comprehensive benefits package including medical, dental, vision, 401(k) with immediate vesting, a generous Paid Time Off program, tuition reimbursement, and wellness reimbursement for activities such as gym memberships, fitness classes, and nutrition classes.
• Part-time employees qualify for 401(k) with immediate vesting, a generous Paid Time Off program, tuition reimbursement, and wellness reimbursement for activities such as gym memberships, fitness classes, and nutrition classes.
• For more information, please visit http://www.dollar.bank/company/careers/benefits .

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees