Union Savings Bank - CT · 1 day ago
VP Senior Commercial Loan Officer
Danbury, CT
Full-time
Onsite
Senior LevelUnion Savings Bank is a financial institution seeking a VP Senior Commercial Loan Officer to manage and develop new and existing commercial accounts. The role involves building complex commercial relationships, overseeing portfolio management, and ensuring compliance with lending regulations.
Banking
Responsibilities
Develop and manage large and most complex commercial account relationships
Solicit for new business and interview applicants
Participate in joint calling efforts with branch personnel and commercial lenders
Communicate with internal/external customers throughout application and loan process
Demonstrate strong leadership skills
Cross sell bank products and services, counseling customers on pertinent product awareness
Communicate with internal and external customers throughout application and loan process
Collect and analyze financial and related data to establish creditworthiness
Monitor customer’s account relationships through financial analysis and ongoing customer contact thus increasing retention and satisfaction, while minimizing risk
Identify, cultivate and maintain relationships with referral sources
Manage and structuring some of the most complex credits within the Department
Manage a large commercial portfolio with minimal delinquency and runoff
Demonstrate ability for monitoring customer adherence to loan terms and enforcement of conditions precedent, covenants and general monitoring
Attentive to duties as a loan officer and detail-oriented
Able to handle multiple, complex transactions at a time with little supervisor assistance
Knowledgeable in bank operations, procedures, and in the types of transactions which are most desirable to the Bank
Structure, coordinate and underwrite all loans in conjunction with Credit Administration as applicable
Handle new loan requests in conjunction with governmental loan programs
Maintain through active participation professional and community relationships, increasing the Bank’s visibility within the marketplace, thus generating new business opportunities and furthering professional development
Keep abreast of local economic, financial and legislative events which may have an impact on commercial lending activities
Keep current and maintain knowledge of changes in regulatory environment pertaining to commercial lending
Qualification
Required
Responsible for the management and development for new and existing commercial accounts including both CRE & C&I
Develop and manage large and most complex commercial account relationships
Solicit for new business and interview applicants
Participate in joint calling efforts with branch personnel and commercial lenders
Communicate with internal/external customers throughout application and loan process
Demonstrate strong leadership skills
Cross sell bank products and services, counseling customers on pertinent product awareness
Collect and analyze financial and related data to establish creditworthiness
Monitor customer's account relationships through financial analysis and ongoing customer contact thus increasing retention and satisfaction, while minimizing risk
Identify, cultivate and maintain relationships with referral sources
Manage and structuring some of the most complex credits within the Department
Manage a large commercial portfolio with minimal delinquency and runoff
Demonstrate ability for monitoring customer adherence to loan terms and enforcement of conditions precedent, covenants and general monitoring
Attentive to duties as a loan officer and detail-oriented
Able to handle multiple, complex transactions at a time with little supervisor assistance
Knowledgeable in bank operations, procedures, and in the types of transactions which are most desirable to the Bank
Structure, coordinate and underwrite all loans in conjunction with Credit Administration as applicable
Handle new loan requests in conjunction with governmental loan programs
Maintain through active participation professional and community relationships, increasing the Bank's visibility within the marketplace, thus generating new business opportunities and furthering professional development
Keep abreast of local economic, financial and legislative events which may have an impact on commercial lending activities
Keep current and maintain knowledge of changes in regulatory environment pertaining to commercial lending
Company
Union Savings Bank - CT
Union Savings Bank, established in 1866, is a $3.0 billion mutual bank dedicated to providing excellent service to its customers and communities.
Founded in 1866
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Paul Bruce
Executive Vice President & Chief Financial Officer
Keith Wirtz, CFA
Vice President & CIO
Recent News
HamletHub
2024-05-04
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