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About this role
The Position
Our Massachusetts-based bank client is seeking to fill a Hybrid Remote VP – C&I Commercial Lender – Middle Market role in the Boston, MA area. The position is responsible for initiating and developing relationships with Middle Market C&I customers: actively managing loan requests from the application stage to funding.
The opportunity has a generous salary of up to $175K plus a bonus and a benefits package including 100% medical premiums paid by the bank and up to 8% 401K match. (This is a hybrid remote position – must live in the Boston, MA area).
VP – C&I Commercial Lender – Middle Market responsibilities include:
- Sourcing, evaluating, and recommending for approval of C&I loans.
- Actively manage a C&I loan portfolio.
- Managing and growing a significant existing commercial loan portfolio.
- Originating and closing new loans to existing customers and prospects with revenues ranging from $5MM-75MM and aggregate lending needs ranging from $1MM to $10MM consistent with the Bank’s loan policies and state and federal regulations.
- Analyzing applicants’ financial status, credit strength, and supporting evaluations to determine the feasibility of granting loans.
- Presenting new loan requests and other reports as necessary.
- Working with clients to identify their financial goals and to find ways of reaching those goals.
- Conferring with the team leader to aid in resolving commercial loan application problems as necessary.
- Cross-selling other bank products including deposit products and cash management achieving ambitious goals.
- Assisting in the collection/workout activities with troubled/non-performing assets.
- Participating in Bank task forces and committees as assigned.
- Performing additional duties as requested, needed, or assigned
Requirements
- Who Are You?
You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.
- You also bring the following skills and experience:
- Bachelor’s degree in business, finance, or a related area.
- Five or more years of experience in Commercial & Industrial lending.
- Strong knowledge of commercial lending practices and related areas.
- Extensive knowledge of financial institution policies and procedures.
- Good sales, organizational, communication, and public relations skills particularly in working with documentation that requires special handling.
- Knowledge of credit and lending policies and procedures.
- Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.
Benefits
The opportunity has a generous salary of up to $175K plus a bonus and a benefits package including 100% medical premiums paid by the bank and up to 8% 401K match. (This is a hybrid remote position – must live in the Boston, MA area).