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Commercial Lender

Company: Bank Newport
Location: Middletown
Posted on: May 13, 2022

Job Description:

Overview
Offering new and exciting career opportunities, BankNewport is -committed -to providing our employees the resource and guidance to develop careers that are challenging and rewarding.
So, if you're looking for a great professional opportunity, know that BankNewport will -empower -and -invest -in you.
OVERVIEW
Responsible for developing commercial loan production and cross sell opportunities. Performs a variety of commercial loan portfolio management duties in support of the Lending Department in conformance with Bank policies and procedures.
Responsibilities
PRIMARY ACCOUNTABILITIES / RESPONSIBILITIES


  • Performs any functions necessary, within scope of authority and expertise, to provide the highest level of service and responsiveness to customers and prospects.
  • New Business Development - Through prospecting and networking activities, strives to meet new business development goals as set by senior management. Performs (sometimes in tandem with the commercial loan underwriter) credit analysis and underwriting of new commercial loan requests. Works with Business Banking Group (BDO's) to cross-sell new customers and develop new deposit relationships.
  • Portfolio Management - Serves as Relationship Manager for assigned and originated loans. Maintains up-to-date records of transactions in conformance with loan policies and provides ongoing customer service and guidance to customers. Performs annual reviews of existing commercial loans upon receipt of annually submitted financial information or as may be needed from time to time.
  • Keeps abreast of regulatory and competitive developments within the area of commercial lending. Attends relevant courses and seminars.
  • Regularly reviews and understands commercial lending policy (as well as other related policies). Completes all assigned training and learning objectives.
  • Maintains an active pipeline of prospective clients; monitors them via pipeline tracking system, and participates fully in the bank's Set Your Sales initiative.
  • Problem Loan Resolution - when required, works out problem loan situations in a manner that is fair to the customer but which also promotes the highest likelihood of maximum recovery for the bank.

    OTHER ACCOUNTABILITIES / RESPONSIBILITIES
    -Performs related and unrelated duties as may be required.
    Qualifications
    POSITION REQUIREMENTS
    College degree and formal credit training. At least three years of bank commercial loan portfolio management experience. Working knowledge of various word processing and spreadsheet applications. Good communications, organizational and interpersonal skills. Detailed knowledge of the Bank's lending policies and procedures.
    SUPERVISORY SCOPE
    None
    INDEPENDENT ACTION
    Performs work within established guidelines and according to specific departmental and commercial lending group procedures. Refers problems to immediate supervisor.
    BANKNEWPORT CORE VALUES

    • We celebrate individuality
    • We empower employees to be creative problem solvers
    • We invest and take the time to really get to know our customers
    • We commit to serving the financial needs of Rhode Islander's

      Any physical demands or work conditions described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
      OceanPoint and BankNewport are committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of race, color, religion, creed, national origin or ancestry, sex, age, physical or mental disability, veteran or military status, genetic information, sexual orientation, gender identity or expression, pregnancy, childbirth or related medical conditions, military service, marital status, or any other legally recognized protected basis under federal, state or local laws, regulations or ordinances.

Keywords: Bank Newport, Middletown , Commercial Lender, Other , Middletown, Connecticut

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