VP Senior Commercial Loan Officer II

Union Savings Bank - CT; Danbury (CT); Hybrid; USD 120,000 - 190,000; Full time

Job summary

Union Savings Bank - CT in Danbury, CT seeks an experienced senior Commercial Lending Officer to develop and manage the bank's largest account relationships. You will coordinate underwriting with Credit Administration and oversee complex loan closings while guiding junior staff.

The role emphasizes cross-selling bank products and maintaining client relationships across the loan lifecycle. A minimum of 15 years of banking experience in commercial lending is required, with a Bachelor's degree or

Qualifications

• Experience in managing large and complex commercial loan relationships.
• Strong knowledge of underwriting and credit administration.
• Ability to cross-sell bank products and coordinate referrals.
• Extensive banking experience in commercial lending, including complex transactions.

Responsibilities

• Develop and manage large and most complex commercial account relationships.
• Solicit for new business and interview applicants.
• Communicate with internal/external customers throughout loan process.
• Structure, coordinate and underwrite loans in conjunction with Credit Administration.
• Handle new loan requests and complex closings in line with bank policies.
• Identify, cultivate and maintain relationships with referral sources.

Education

Bachelor's degree or Equivalent Work Experience

Job description

Requisition Number: VPSEN002129

• Full-Time
• Hybrid

Locations

Showing 1 location

Danbury, CT 06810, USA

Description

• Develop and manage large and most complex commercial account relationships.
• Solicit for new business and interview applicants.
• Communicate with internal/external customers throughout application and loan process.
• Demonstrate strong leadership skills.
• Cross sell bank products and services, utilizing referral sources and joint calling efforts with other Bank sales specialists to inform prospects and customers.
• Able to handle multiple, complex transactions at a time with little supervisor assistance.
• Knowledgeable in bank operations, procedures, and in the types of transactions which are most desirable to the Bank.
• Structure, coordinate and underwrite all loans in conjunction with Credit Administration as applicable.
• Handle new loan requests in conjunction with governmental loan programs.
• Able to handle any type of complex loan closings in conformity with bank policies and procedures including closings enhanced by derivatives.
• Identify, cultivate and maintain relationships with referral sources.
• Demonstrate the ability to consistently produce in the top third among peers for new loans and fees.
• Collect and analyze financial and related data to establish creditworthiness.
• Monitor customer’s account relationships through financial analysis and ongoing customer contact thus increasing retention and satisfaction, while minimizing risk.
• Manage and structuring some of the most complex credits within the Department.
• Manage a large commercial portfolio with minimal delinquency and runoff.
• Demonstrate ability for monitoring customer adherence to loan terms and enforcement of conditions precedent, covenants and general monitoring.
• Attentive to duties as a loan officer and detail-oriented.

Community Involvement

• Maintain through active participation professional and community relationships, increasing the Bank’s visibility within the marketplace, thus generating new business opportunities and furthering professional development.
• Keep abreast of local economic, financial and legislative events which may have an impact on commercial lending activities.
• Keep current and maintain knowledge of changes in regulatory environment pertaining to commercial lending.

Qualifications

Education

Required

Bachelors or Equivalent Work Experience or better.

Experience

Required

15 years:

Banking in Commercial Lending

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
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