Newburyport Bank · 2 weeks ago
VP Commercial Loan Officer
Newburyport,MA,US
Full-time
Onsite
Mid, Senior Level
5+ years expNewburyport Bank is a community bank that focuses on innovation and personalized service. The VP Commercial Loan Officer is responsible for attracting and maintaining commercial loans and banking relationships, while also promoting bank products and services within the community.
CommunitiesFinancial Services
Responsibilities
Seeks out new business opportunities within the bank’s defined market areas and participates in business development efforts to attract and retain quality clients
Develops and maintains a network of professional relationships and referral sources to include business brokers, accountants, attorneys and other centers of influence to enhance new business generation
Screens and interviews new loan applicants, collects and analyzes financial and related data to establish creditworthiness, establishes and negotiates, when necessary, credit terms and continually monitors loan repayment activities
Promotes and sells related bank inancial products and services and actively engages with business partners to implement strategies to expand existing client relationships and acquire new relationships
Works closely with portfolio manager to manage all aspects of the loan relationship including credit analysis and loan approvals, loan closing, timely completion of credit file commentary and collection of financial information to proactively identify and mitigate potential risks
Verifies transactions and account balances, ensuring compliance with bank policies and state and federal regulations and the Bank Secrecy Act (BSA), as applicable to the role
Participates in civic, social and community relations activities to promote and strengthen the image of the bank
Qualification
Required
Minimum of 5 years of progressively responsible experience in commercial lending and commercial banking required
Strong working knowledge of appropriate credit structure and key factors of Bank policy guidelines related to assessing credit quality
Demonstrated ability to assess a loan applicant risk profile and manage that credit structure and actively manage the risk inherent to lending
Strong working knowledge of Commercial loan and deposit/Treasury products
Proficient with office software including Word, Excel, PowerPoint and others
Highly organized and proactive planner with strong time management skills
Excellent verbal and written communication skills
Preferred
A bachelor's degree with business focus preferred
Formal sales and/or credit training is preferred
Company
Newburyport Bank
Newburyport Five Cents Savings Bank is a community bank headquartered in Massachusetts.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Elliot Smith
Senior Vice President - Commercial Loan Officer
Recent News
2025-11-08
2025-08-07
WBJournal.com
2025-07-02
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