VP - Relationship Manager III - Warehouse Lending

Provident Bank•Hillsborough, NJ

13h•Onsite

About The Position

The VP Relationship Manager III – Warehouse Lending is responsible for originating, developing, and managing profitable warehouse lending relationships. This role focuses on business development, credit oversight, and portfolio management while ensuring alignment with the Bank’s risk and compliance standards.

Requirements

Bachelor’s degree, preferably in Accounting, Finance or Business Administration.
7 years direct mortgage warehouse lending experience.
7 years general banking or mortgage banking experience.
7 years’ experience commensurate with job function
Comprehensive loan analysis experience.
Comprehensive financial analysis experience.
Comprehensive knowledge of credit analysis and underwriting techniques.
Proven track record with developing new business track
Strong communication skills.
Ability to communicate effectively and professionally with internal and external customers, including brokers, sales team and all levels of colleagues throughout the organization.
Proficient computer skills, including Microsoft Office Suite.
Ability to quickly learn various web-based programs.

Responsibilities

Proactively develop new warehouse lending relationships through direct prospecting, centers of influence (COIs), existing client relationships, and referral sources
Originate new warehouse lending opportunities and gather all required documentation to support underwriting, due diligence, and credit approval processes
Prepare and present loan requests for internal approval, including submission to credit and signature committees
Manage the full credit lifecycle, including underwriting coordination, approval, closing, and boarding of new relationships
Maintain and deepen existing client relationships, including cross-selling additional bank products and services
Monitor assigned portfolio for covenant compliance, receipt and review of financial statements, and collateral performance through the warehouse lending system
Evaluate portfolio risk and recommend appropriate risk ratings; promptly escalate any material deterioration in credit quality
Ensure timely processing of loan originations, renewals, modifications, and extensions in accordance with internal standards and timelines
Perform other duties as assigned