Vice President Commercial Lender

Institution for Savings; Rowley (MA); On-site; USD 150,000 - 200,000; Full time

Benefits offered by this job

Full medical, dental, vision

401(k) with match

Life insurance

Disability plan

Pension after 2 years

Generous vacation & PTO

Quarterly incentive

Job summary

The Institution for Savings in Rowley, MA is seeking a Vice President of Commercial Lending to lead underwriting, loan closings and portfolio management. You will cultivate relationships, review financial data and coordinate with credit analysts.

The role requires a Bachelor's degree or equivalent experience, strong MS Office skills, excellent communication, and a collaborative, results‑driven mindset. You will drive growth, cross‑sell products and ensure timely funding.

Qualifications

• Bachelor's degree or 3–5 years related experience.
• Advanced knowledge of the Microsoft Office suite.
• Excellent written, verbal and interpersonal communication skills.
• Self-motivated, proactive, and goal oriented.
• Utilizes strong organizational skills to perform and prioritize a high volume of tasks.
• Embraces the team‑oriented culture and works collaboratively across the Bank to support growth.

Responsibilities

• Cultivate and manage commercial loan relationships and new loan production.
• Underwrite and close commercial loans with thorough analysis of financial data.
• Assemble loan packages and negotiate terms with applicants.
• Ensure timely loan closings and funding in accordance with policy.
• Identify and develop new commercial loan opportunities within the market.
• Promote and cross-sell bank products and services as appropriate.

Skills

Written communication

Interpersonal communication

Self-motivated

Organizational skills

Team collaboration

Education

Bachelor's degree

Tools

Microsoft Office

Job description

Job Description

Job Description

Vice President Commercial Lending

The Institution for Savings is seeking a Vice President of Commercial Lending who will be responsible for cultivating, underwriting and closing commercial loans, as well as maintaining and servicing a robust commercial loan portfolio. This person will report to and work closely with the Senior Vice President of Commercial Lending/Senior Commercial Lender.

Responsibilities:

• Manages existing portfolio relationships and new loan production.
• Collects and analyzes financial and related data to determine general creditworthiness, including credit reports, background checks, reference checks and other information; as needed, submits applications to credit analysts for verifications and recommendations.
• Compiles loan packages and facilitates negotiation of loan structures with applicants.
• Recommends approval or declination of loans within established Bank policies and informs prospective borrower of decision; refers to loan committee for approval as appropriate.
• Ensures loan agreements are complete, and that loan closings and funding occurs in a timely manner.
• Identifies and develops new commercial loan relationships within the Bank’s market.
• Promotes and cross-sells other Bank products and services as appropriate.

Job Qualifications:

• Bachelor's degree preferred or three to five years related experience and/or training; or equivalent combination of education and experience.
• Advanced knowledge of the Microsoft Office suite.
• Excellent written, verbal and interpersonal communication skills.
• Self-motivated, proactive, and goal oriented.
• Utilizes strong organizational skills to perform and prioritize a high volume of tasks simultaneously.
• Consistently achieves goals and meets strict deadlines while maintaining excellent attention to context, substance and detail.
• Embraces the team-oriented culture and works collaboratively across the Bank to support the Bank’s strategic growth plans.

Salary Range: $150,000-$200,000

The salary range listed is just one component of the Bank’s total compensation package. Other rewards include fully paid medical, dental and vision insurance, as well as dollar-for-dollar 401(k) match up to 10%; life insurance; disability plan; pension plan after 2 years of service; generous vacation and paid-time off; and quarterly incentive.

The Institution for Savings is an Equal Opportunity Employer.

Member FDIC. Member DIF.