VP Senior Commercial Loan Officer II

Union Savings Bank - CT•Danbury, CT

14h

About The Position

The VP Senior Commercial Loan Officer II develops and manages large and highly complex commercial account relationships, solicits new business, interviews applicants, and communicates with internal and external customers throughout the application and loan process. The role cross-sells bank products and services, works with referral sources and other bank sales specialists, and structures, coordinates, and underwrites loans in conjunction with Credit Administration as applicable. It handles governmental loan program requests and complex loan closings, including closings involving derivatives. The position is expected to manage multiple complex transactions with little supervisory assistance and consistently produce in the top third among peers for new loans and fees. The officer collects and analyzes financial and related information to establish creditworthiness, monitors customer relationships through financial analysis and ongoing contact, and manages a large commercial portfolio with attention to retention, satisfaction, risk, delinquency, and runoff. The role manages and structures some of the department’s most complex credits, monitors compliance with loan terms and covenants, and ensures conditions precedent and ongoing monitoring requirements are addressed. The position also maintains professional and community relationships through active participation to increase the Bank’s visibility and generate business opportunities. It keeps informed about local economic, financial, and legislative events affecting commercial lending, as well as regulatory changes relevant to the field.

Requirements

Strong leadership skills.
Knowledge of bank operations, procedures, and the types of transactions most desirable to the Bank.
Ability to handle multiple complex transactions with little supervisory assistance.
Ability to manage a large commercial portfolio with minimal delinquency and runoff.
Attentive and detail-oriented in loan officer duties.
Current knowledge of the regulatory environment pertaining to commercial lending.

Responsibilities

Develop and manage large and highly complex commercial account relationships.
Solicit new business and interview applicants.
Communicate with internal and external customers throughout the application and loan process.
Cross-sell bank products and services through referral sources and joint calls with other Bank sales specialists.
Handle multiple complex transactions with little supervisory assistance.
Structure, coordinate, and underwrite loans in conjunction with Credit Administration as applicable.
Handle new loan requests involving governmental loan programs.
Handle complex loan closings in accordance with Bank policies and procedures, including closings involving derivatives.
Identify, cultivate, and maintain relationships with referral sources.
Consistently produce in the top third among peers for new loans and fees.
Collect and analyze financial and related data to establish creditworthiness.
Monitor customer account relationships through financial analysis and ongoing customer contact to support retention and satisfaction while minimizing risk.
Manage and structure some of the department’s most complex credits.
Manage a large commercial portfolio while minimizing delinquency and runoff.
Monitor customer adherence to loan terms, conditions precedent, covenants, and ongoing monitoring requirements.
Maintain professional and community relationships through active participation to increase Bank visibility, generate business opportunities, and support professional development.
Keep abreast of local economic, financial, and legislative events that may affect commercial lending.
Maintain current knowledge of regulatory changes pertaining to commercial lending.