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Dollar Bank · 2 days ago

VP Private Banking

Cleveland, OH

Full-time

Onsite

Mid, Senior Level

$103K/yr - $165K/yr

5+ years exp

Dollar Bank is a high net-worth banking institution seeking a Vice President of Lending. In this role, you will create and manage a diverse portfolio of loans and deposit products while working closely with a team of financial experts to provide exceptional service to clients.

BankingFinancial ServicesLendingVenture Capital

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

Qualification

Lending experienceFinancial analysisRegulatory complianceCredit/underwriting experienceClient relationship managementAnalytical skillsCustomer service skillsMicrosoft WordMicrosoft ExcelOrganizational skillsInterpersonal skillsCommunication skills

Required

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