Small Business Relationship Manager

RiseMe; Portsmouth (NH); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Medical & dental

HRA

401(k) with match

PTO

Paid holidays

Bonus program

FSA

Vision plan

Life insurance

Disability insurance

Tuition reimbursement

Employee assistance program

Job summary

Needham Bank in Portsmouth, NH, seeks an experienced commercial loan professional to evaluate, authorize or recommend approvals. You will analyze financials, advise borrowers, and originate loans while mentoring colleagues and cross-selling bank services.

Role requires deep SBA lending knowledge, excellent communication, and a proven track record of growing a creditworthy loan portfolio. Competitive salary and comprehensive benefits offered.

Qualifications

• Bachelor’s degree in business, finance or related area.
• Fifteen or more years’ experience in SBA lending.
• Knowledge of SBA loan programs including 7(a), Express and 504.
• Strong sales, organizational, communication and public relations skills.

Responsibilities

• Develop relationships that are creditworthy and deposit-rich.
• Mentor less experienced team members.
• Advise borrowers through the application process.
• Meet applicants to obtain loan information and answer questions.
• Analyze financial status and credit to assess loan feasibility.
• Originate and close new loans per policy and regulations.
• Present loan requests to approval authorities.
• Cross-sell bank products and services.
• Manage and grow the commercial loan portfolio.
• Coordinate with real estate groups for referrals.

Skills

Portfolio management

Business development

Risk management

SBA lending

Customer relations

Communication skills

Mentoring

Relationship building

Education

Bachelor’s degree in business, finance or related area

Fifteen or more years’ SBA lending experience

Banking regulations knowledge

Economics/financial principles knowledge

Job description

Evaluate, authorize or recommend approval of commercial loans. Advise borrowers on financial status and methods of payments.

ESSENTIAL DUTIES & RESPONSIBILITIES

• Assist Department in developing relationships that are creditworthy, deposit rich and aligned with the Bank’s strategic goals.
• Mentor and work closely with less experienced team members in order to continue their professional development
• Provide technical assistance to customers and prospects in order to assist them through their application process
• Meet with applicants to obtain information for loan applications and to answer questions about the process
• Analyze applicant financial status, credit and property evaluations to determine feasibility of granting loans
• Originate and close new loans to existing customers and prospects consistent with the Bank’s loan policies and state and federal regulations
• Present new loan requests and other reports as necessary (i.e.: CARs, Loan Review Responses) to the appropriate approval authorities within the Bank
• Stay abreast of new types of loans and other financial services and products to better meet clients’ needs
• Submit applications to credit analysts for verification and recommendation
• Work with clients to identify their financial goals and to find ways of reaching those goals
• Work with Director to aid in resolving commercial loan application problems as necessary
• Manage and grow an existing commercial loan portfolio.
• Cross-sell other bank products including: deposit products, cash management, merchant services and wealth management
• Quickly respond to customer and prospect inquiries and assist customers through the application process
• Work with the Bank’s residential and commercial real estate groups in referring new business
• Assist in the collection/work out activities with troubled/non-performing assets
• Represent the Bank at various community functions
• Participate on Bank task forces and committees as assigned
• Perform additional duties as requested, needed or assigned

JOB REQUIREMENTS

• Extensive portfolio management, business development, risk management experience.
• Extensive knowledge of financial institution policies and procedures
• Strong knowledge of small business and SBA lending practices and related areas
• Strong Knowledge of all SBA Loan Programs including 7(a), Express and 504
• Knowledge of department support structures, resources and personnel
• Good sales, organizational, communication and public relations skills particularly in working with documentation that requires special handling
• Stronganalytical and interpersonal skills
• Ability to build strong relationships and alliances across the organization, ability to adapt to change, ability to multi-task, reliable and highly self-motivated
• Superior customer service skills, exceed customers’ expectations
• Fluent written and verbal English communication skills
• Ability to adhere to Needham Bank’s Core Values (Focus on Customer Relationship, Embrace Change, Work as a Team, Be an Asset to Your Community, Always Learn, and Do the Right Thing)

EDUCATION & EXPERIENCE

• Bachelor’s degree in business, finance or related area
• Fifteen or more years’ experiencein small business and SBA lending
• Educated in banking federal and state regulations and laws
• Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data

WORKING CONDITIONS/PHYSICAL DEMANDS

• Normal business office environment

Needham Bank offers a competitive salary and an amazing benefit package for a full-time employee which includes fully paid medical and dental insurance, HRA, 401(k) plan with an 8% bank match, paid time off (PTO), paid holidays, a bonus program, flexible spending accounts, vision service plan, group term life insurance, short- and long-term disability insurance, tuition reimbursement, and an Employee Assistance Program.

• fully paid medical and dental insurance
• HRA
• 401(k) plan with an 8% bank match
• paid time off (PTO)
• paid holidays
• a bonus program
• flexible spending accounts
• vision service plan
• group term life insurance
• short- and long-term disability insurance
• tuition reimbursement
• an Employee Assistance Program.

We offer a great benefit package to our eligible part-time employees as well.

The pay range provided is based on what we believe is a reasonable estimate for the pay range for this job at the time of posting.

Actual pay may vary based on experience, skills, and market factors; additional compensation may apply.

At NB, we are dedicated to building a diverse, inclusive and authentic workplace - if you are excited about this role, but your past experience doesn’t align perfectly with every qualification in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles.

Needham Bank is an Equal Opportunity/Affirmative Action Employer. Needham Bank will provide all applicants for employment and all employees with equal opportunity for employment and promotion regardless of race, color, religion,gender, national origin or ancestry, age, disability, veteran status, military service, sexual orientation, genetic information, or gender identity.