Commercial Loan Officer at Union County Savings Bank – Springfield, New Jersey

Would you like to join a community bank that is committed to its customers and the communities in which it serves? If you answered yes, then please consider applying for the VP Commercial Lender.

Who we are:

Union County Savings Bank is a community bank with four branches in Union County. The Bank was founded in 1883 to serve the local communities of Union County and remains strongly committed to these communities today. Currently the team at UCSB is implementing new technologies to make banking with us easier. The Bank is also rolling out new products and services designed to meet the expanding needs of our customers while preserving our pledge of security, safety and service.

Description

The Vice President, Commercial Lender identifies, acquires, and grows new and existing profitable business relationships with businesses that create value for customers while generating loan commitments and deposit balances for the organization. This position is responsible for developing commercial lending opportunities, managing client portfolios, and providing sound financial guidance while maintaining acceptable risk levels.

Duties/Responsibilities:

• Develop and retain commercial business by meeting with prospects and customers involving average to significant complexity and dollar size, consistent with authorized lending authority.
• Utilize sales leads and referrals to generate new loan and deposit opportunities.
• Maintain required tracking mechanisms for sales activity.
• Provide financial advice and counsel to customers and prospective customers.
• Attend to customer needs for loans or lines of credit involving significant unsecured funds and/or credit secured by mortgages or other collateral.
• Interview applicants to develop information concerning their business, needs, objectives, and earning capacity.
• Manage all phases of the sales life cycle.
• Utilize decision-making tools and credit analysis skills to make appropriate credit and structuring decisions.
• Manage existing loan portfolios by monitoring financial conditions relative to acceptable risk standards.
• Complete all required paperwork, forms, and reports in a timely and accurate manner.
• Perform other duties as assigned.

The ideal candidate will possess:

• A BS/BA degree from an accredited college/university; a focus in a business or finance related area is preferred.
• Seven to ten years of commercial lending and banking management experience required including three years in senior management.

What we offer:

• Highly competitive salaries
• 20 paid days off per year in addition to paid holidays
• Comprehensive medical plans with low employee premiums
• Company paid dental plan
• Company paid vision plan
• Flexible spending account
• Company 401(k) plan with generous match
• Company paid life, short term disability and long-term disability insurances