Commercial Loan Manager manages a team of commercial loan officers to build commercial loan business within a designated market. Provides operational guidance to loan officers and approves requests for loans beyond the officers' approval limits. Being a Commercial Loan Manager may personally handle the most complex loans and most difficult credit approvals. Adheres to all regulatory requirements and internal risk and operating policies and procedures. Additionally, Commercial Loan Manager builds a high-performance lending team with individual mentoring, coaching, and professional development opportunities. Typically requires a bachelor's degree. Typically reports to a director. The Commercial Loan Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Commercial Loan Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
POSITION DESCRIPTION:
Responsible for developing and maintaining strong and profitable relationships with commercial clients and providing quality client service. Actively call on businesses in GSB’s strategic lending area and throughout CT; effectively negotiate, structure and underwrite proposed loans in a timely manner and in alignment with the Bank’s loan policy; obtain necessary approvals, close the loan and administer the client relationship.
GENERAL DESCRIPTION OF DUTIES:
DIGITAL LITERACY:
The ability to use data, information, and communication technologies to find, evaluate, create, and communicate information, requiring both cognitive and technical skills.
EXPERIENCE REQUIRED: Five to eight years of relevant commercial lending and/or commercial real estate lending experience in a bank setting. SBA Lending experience would also be a plus.
EDUCATION REQUIRED: A college degree or equivalent work experience.
MANAGERIAL RESPONSIBILITY: Has no supervisory/managerial responsibilities.
*Compensation: Compensation is based on our market pay structures. However, individual salaries are determined by a variety of factors including, but not limited to business considerations, local market conditions, and internal equity, as well as candidate qualifications, such as skills, education, and experience.
GSB is an equal opportunity employer and offers equal opportunity to all applicants for all positions without regard to race, color, religion, national origin, age, disability, and veteran status.
Applicants requiring reasonable accommodation in the application process should notify Human Resources.
GSB participates in E-Verify.
EOE/AA/M/F/D/V
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