Senior Commercial Lender: Build Growth & Relationships

Newtown Savings Bank; Newtown (CT); On-site; USD 110,000 - 170,000; Full time

Job summary

Newtown Savings Bank seeks a seasoned Commercial Lender to lead growth of commercial lending, based in Newtown with CT markets covered. The role emphasizes client service, credit discipline and cross-selling banking products to commercial borrowers.

Ideal candidates have 10+ years in CRE or C&I lending, with credit experience and a proven track record in business development and loan production.

Qualifications

• Bachelor’s degree, or 5-7 years of equivalent experience.
• Must have previous credit experience, possess proven business development skills and commercial lending knowledge.
• Strong negotiation skills and a high proficiency in loan structuring are also required.
• This position requires strong community network activities, as well as recognition in the community.

Responsibilities

• Develop a base of qualified prospects that will become full-relationship customers of the bank.
• Maintain a calling program on potential or existing customers to develop new business and increase and retain existing business.
• Request and review all pertinent credit and financial information.
• Determine the need for more thorough investigation or additional information and be able to discuss with the borrower.
• Perform basic credit analyses of financial information for potential and existing commercial and industrial loans.
• Prepare a loan proposal, present facts reflecting the creditworthiness of a loan and/or borrower.
• Ensure that all commercial loan credit files are kept current with latest financial statements, memos, agency reports, etc.
• Portfolio management which will include monitoring EIP and delinquent accounts, updates on criticized asset reports, memos to the file, risk rating changes and rate reductions.
• Present loan request to appropriate level of authority. Draft and review loan submissions, Letters of Intent, and Commitment letters.
• Coordinate and attend loan closings, working with the client and attorneys, as need be.

Skills

Credit experience

Business development

Commercial lending knowledge

Negotiation skills

Loan structuring

Education

Bachelor’s degree or equivalent experience

Job description

Newtown Savings Bank seeks a seasoned Commercial Lender to lead growth of commercial lending, based in Newtown with CT markets covered. The role emphasizes client service, credit discipline and cross-selling banking products to commercial borrowers.

Ideal candidates have 10+ years in CRE or C&I lending, with credit experience and a proven track record in business development and loan production.