VP Commercial Team Leader

Berkshire Bank

Yorktown Heights, NY

JOB DETAILS
SALARY
$178,838–$257,288 Per Year
SKILLS
Budgeting, Business Development, Commercial Loans, Communication Skills, Credit Analysis, Cross-Selling, Customer Support/Service, Data Collection, Documentation, Due Diligence, Financial Analysis, Interest Rates, Investment Management, Leadership, Loan Origination, Loan Portfolio, Loan Structuring, Loans, Maintain Compliance, Maintenance Services, Portfolio Analysis, Risk, Sales, Team Lead/Manager, Team Player, Underwriting
LOCATION
Yorktown Heights, NY
POSTED
30+ days ago

Status Exempt Officer Grade 15 Salary Range 178838 - 257288 Salary range updated 2262026. Actual compensation within the pay range will be determined based on factors including but not limited to skills prior relevant experience and specific work location.

Location Yorktown Heights NY - 2151 Strang Blvd

Principal Objective Primary responsibilities are to manage a team of lenders and support staff ensuring that the team is generating new business effectively managing the portfolio and ensuring adherence to credit compliance and operational policies.

Principal Duties and Responsibilities Management The Team Leader will supervise those within the group to ensure that all bank policies and procedures are adhered to. The individual will provide leadership as to the direction of the bank with particular emphasis on instilling the Banks Core Four and credit cultures. The Team Leader shall also approve and recommend within appropriate authority loans which are adequately structured bear an acceptable amount of risk. Additionally the Team Leader will ensure that budgetary goals are met and will complete projects and additional responsibilities as assigned.

New Business The Team Leader will develop new business opportunities through business development efforts including new client solicitation active involvement in industry organizations and expansion of existing client base. In this role the leader will ensure that all loans originated within the team are properly underwritten with appropriate financial analysis and due diligence used in the preparation of credit approval memorandums. They will also ensure that loans are booked with proper documentation and additional post-approval due diligence is completed in a satisfactory manner. In addition to development of loan opportunities the Team Leader will work with the team to increase deposits from clients and generate non-interest fee income through the appropriate recommendation of interest rate hedging products loan participation sales and referrals to partner organization.

Portfolio Management and Credit Analysis The Team Leader is responsible for the ongoing maintenance and customer service of an assigned loan portfolio and oversight with the management of the loans which are assigned within the group. The Team Leader is responsible for monitoring the ongoing credit quality of the portfolio and shall assess the credit quality of each relationship in accordance with policy including the completion of annual credit reviews ensuring the accuracy of risk ratings. The Team Leader shall be responsible for the accurate collection of data to track monitor the status of the portfolio.

Job Specifications Skills Knowledge and Abilities Required Bachelors degree or equivalent Minimum of 10 years of commercial lending and underwriting portfolio management experience Understand the commercial marketplace within the Banks target area Be well-versed with the Banks credit policy and guidelines Have familiarity with other products and services offered by the Bank for cross-selling purposes Ability to communicate effectively in both an oral and written capacity Be willing to assume any other duties as may be required Leadership experience preferred

Behavioral Skills Consistently demonstrate behaviors associated with Brookline Bancorps Core Four values adaptability accountability leadership and teamwork.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this position. They are not intended to be an exhaustive list of all responsibilities duties and skills required of personnel so classified. This job description is subject to change at any time.

Beacon Bank is an Equal Opportunity Employer - all qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity or national origin. If you would like to contact us regarding the accessibility of our website need assistance completing the application process or would like to request alternative methods of applying please contact us at hr@beaconbank.com.

About the Company

B

Berkshire Bank