VP Commercial Lender

Signature Bank of Arkansas; Bentonville (AR); On-site; USD 110,000 - 170,000; Full time

Job summary

Signature Bank of Arkansas seeks a VP - Lending to drive loan portfolio growth with strong asset quality and sound underwriting in alignment with bank policy and regulatory guidelines.

The role involves active community presence, product promotion, and collaboration with the lending team to meet customers' banking needs.

Qualifications

• College degree (or equivalent) with emphasis in finance/business.
• 3 years of lending experience.
• Ability to analyze debt-to-income, balance sheets, and tax returns.
• Knowledge of collateral valuation and appraisal.
• Strong written and verbal English communication.
• Ability to work in a team and handle high-stress situations.

Responsibilities

• Provide outstanding customer service with urgency in all communications.
• Grow loan portfolio while maintaining strong asset quality.
• Understand the Bank's Loan Policy Manual and stay current.
• Make timely and sound loan decisions; minimize charge-offs.
• Present loans to the Executive Loan and Directors Loan Committee.
• Cross-sell products and refer to the appropriate banker.
• Engage in community involvement and business development.
• Perform other duties related to the Bank and its functions.

Skills

Underwriting

Debt-to-Income

Collateral valuation

Financial analysis

Credit risk

Relationship building

Sales experience

Team leadership

Communication

Microsoft Office

Education

College degree in finance or business

Lending school completion

Job description

Statement Of HireAt Signature Bank of Arkansas, we are committed to delivering memorable service beyond the customers expectation, to include both external and internal customers. We consistently demonstrate our values through teamwork, open communication, integrity, honesty and respect for others. Additionally, we will maintain a professional appearance through dress, conduct and an orderly work area.

Job Title: VP - Lending

Reports to: Loan Manager

FLSA Status: Exempt

Statement Of HireAt Signature Bank of Arkansas, we are committed to delivering memorable service beyond the customers expectation, to include both external and internal customers. We consistently demonstrate our values through teamwork, open communication, integrity, honesty and respect for others. Additionally, we will maintain a professional appearance through dress, conduct and an orderly work area.

A successful team member will possess these qualities and be enthusiastic, professional and of high ethics. They will embrace our Mission, Vision and Values and actively contribute to our success.

Job SummaryThe VP Lending position is responsible for growth of a loan portfolio with strong asset quality by using sound underwriting practices and conforming to bank policy and regulatory guidelines. This position will maintain a presence in the community through volunteer activities while actively promoting all bank products and services to fulfill customers banking needs.

Essential Duties & ResponsibilitiesThe following duties and responsibilities are representative of the position and may change.(To maintain formatting consistency this item is kept as text here.)

• Exhibit a sense of urgency to provide the finest customer service at all times and in all forms of verbal and written communication.
• Grow current loan portfolio and customer base by adding new clients and maintaining a small to medium pipeline of new business while maintaining strong asset quality.
• Understand the Banks Loan Policy Manual and stay current with changes.
• Make timely and sound loan decision; keep charge-offs at a minimum level.
• Work closely with Loan Coordinator and the lending team.
• Work past dues, understand and clear technical exceptions, and work renewals in a timely manner.
• Prepare and present loans to the Executive Loan and Directors Loan Committee.
• Recognize cross-sell opportunities outside of own product specialty and refer to correct Banker to fulfill all of customers banking needs.
• Understand involvement in the community and being to produce business and recognition through good community work.
• Perform all other tasks requested as they relate to the Bank and its functions.

ComplianceAll team members are accountable for compliance with all laws, regulations and adherence to established internal controls and procedures when performing their job duties. Each team member is expected to be familiar with the legal and regulatory requirements and internal controls affecting his or her job responsibilities. It is the affirmative duty of each team member to carry out these responsibilities at all times in a manner that complies with all applicable legal and regulatory requirements and internal controls. All team members shall be responsible for communicating upward, problems in operations, noncompliance with the code of conduct, or other policy violations or illegal actions. Team members must participate in required training on pertinent compliance laws and regulations as required by Signature Bank of Arkansas.

All team members will be committed to maintaining a high level of compliance with the Bank Secrecy Act and Anti Money Laundering, USA PATRIOT Act and Financial Recordkeeping regulations recognizing that all three acts are important tools in federal efforts to combat organized crime, terrorism and drug trafficking.

Education / Experience

• College degree (or equivalent work experience) required with emphasis in finance / business preferred.
• Completion of consumer and commercial lending school preferred.
• 3 years of lending experience required.

Skills / Knowledge / Abilities

• Ability to effectively communicate courteously and professionally in English (both written and oral) with customers and team members.
• Must have a good understanding of debt to income, debit coverage ratio, balance sheets, profit and loss statements, and complex tax returns.
• Should be knowledgeable of all types of collateral, valuation of collateral, financial analysis and spreading of business financials, and global underwriting of large borrowers.
• Basic understanding of collateral such as real estate and equipment.
• Must project friendly, courteous, and professional image at all times.
• Effective listening skills and the ability to maintain confidentiality.Sound reasoning and judgment skills with the ability to problem solve and make proper decisions.
• Requires strong sales experience and the ability to handle high stress situations.
• Must be able to work in a team environment as well as promote the team concept in everyday actions.
• Ability to utilize all necessary software applications as well as Microsoft Office
• Good interpersonal communication skills to effectively relate to all levels of the bank staff and customers.
• Must possess general knowledge of all banking services in order to match the needs of the customer with the best suited bank products/services.

Working Conditions / Environment / Potential Hazards

• General office environment
• May be necessary to work extended hours
• Periodic travel
• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Physical Requirements

• Able to sit or stand for an extended period of time
• Able to lift up to 20 pounds
• Use of fine motor skills