VP, Commercial Lending Officer at Columbia Bank

Fair Lawn, New Jersey, United States -

Full Time

Start Date

Immediate

Expiry Date

10 Sep, 26

Salary

199934.0

Posted On

12 Jun, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Commercial Lending, Credit Underwriting, Financial Analysis, Portfolio Management, Business Development, C&I Lending, Commercial Real Estate (CRE), Construction Lending (CON), Credit Training, Risk Management, Regulatory Compliance, Problem Loan Resolution, Relationship Management, Decision Making, Problem Solving, Communication Skills

Industry

Banking

Description

Summary: Develops new business relationships. Analyzes and underwrites the most complex and/or largest dollar value commercial loans, most of which involve important customers. Approves loans within established guidelines and lending authority. Maintains portfolio of existing customer relationships. May provide guidance to less experienced commercial lenders. Job Responsibilities: * Develops new business by contacting potential customers and following up on leads. Cross sells Bank products and services. * Interviews loan applicants. Analyzes financial and related data for credit worthiness and merits of loan requests. Establishes terms and approves loans within lending authority or recommends approval to senior management. Informs customers of Bank decisions. * Maintains performing commercial loans. Interacts with most important customers to maintain and enhance business relationships * Monitors delinquencies and evaluates problem loans. Analyzes benefits of restructuring or legal collection action that may include foreclosure. Negotiates and develops action plans for repayment of problem loans or Implements foreclosure or other form of legal collection action. Estimates financial impact on the Bank. * Maintains a current knowledge of local and national economic, financial, political and legislative trends. Determines the possible impact on commercial lending activities. * Assists in the preparation of monthly, quarterly and annual reports and the forecasting of loan balances. * Performs other duties as assigned. Job Requirements: * Bachelor Degree in Finance, Accounting, Economics or Business related field. Master’s degree in finance, business or economics preferred; * Minimum of 10 years experience as a Commercial Lender; * Formal credit training required; * Local business experience specifically within South or Central New Jersey with potential market expansion; * Strong C&I, Commercial Real Estate (CRE) and Construction (CON) expertise is required; * Must have the ability to develop and retain C&I CRE & CON loan business; * Must be able to produce assigned loan volume as set annually; * Must ensure and maintain asset quality of loan portfolio; * Excellent decision making and problem solving abilities; * Thorough knowledge of lending regulations required; * Excellent written and verbal communication skills with the ability to deal effectively with customers, attorneys, realtors and other financial institutions as well as all levels of Bank personnel; * History of community involvement through volunteerism and/or representation with charitable organizations; * Excellent organizational, follow-up and time management skills. Columbia Bank offers the following benefits: * Medical, Dental, Vision and Rx which are contributory. * Bonus programs. * Employee Stock Option Program (ESOP). * Life Insurance, Long Term Disability and Accidental Death and Dismemberment (LTD&AD&D). * Paid Time Off (PTO) which includes Personal and Vacation Time. * Paid Sick Time. * Bank Holidays. * Employees may participate in the 401k program. Schedule: * This role is eligible for a hybrid schedule: 3 days in the office and 2 days work from home, based on business needs. This arrangement may change without notice. Columbia Bank and its affiliates is an Equal Opportunity Employer, including individuals with disabilities and veterans.

Responsibilities

Develops new business relationships and underwrites complex commercial loans while maintaining a portfolio of existing customers. Monitors loan performance, manages delinquencies, and ensures compliance with lending regulations.