VP of Commercial Lending – To $130K + Bonus – Mason City, IA – Job # 3348
Who We Are
The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & Rockport, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!
We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.
The Position
Our bank client is seeking to fill a VP of Commercial Lending role based in the greater Mason City, IA market. The selected candidate will be responsible for maintaining strong customer relationships and providing team leadership. Candidates must possess a high level of personal accountability, strong credit knowledge and analytical skills, and previous leadership experience. This is an opportunity to join the successful Business Banking Team of a top performing organization.
This position offers a competitive salary of up to $130K, a full benefits package, and bonus. (This is not a remote position)
VP of Commercial Lending responsibilities include:
- Developing and managing commercial loan accounts that meet established lending requirements and provide maximum profitability at minimum risk.
- Soliciting commercial clients; actively seeking and obtaining quality new business through client and prospect calls, referrals, and cross-selling efforts.
- Obtaining and maintaining COIs and attending various networking events in the assigned geographic area.
- Generating a wide variety of commercial and real estate loans.
- Contributing to deposit growth by cross-selling and promoting additional banking products
- Collecting and analyzing information that reflects the current creditworthiness of customers and the current merits of existing loans.
- Reviews and analyzes title reports or surveys to determine issues and any present or potential risks.
- Analyzing the applicant’s financial status, credit, and property evaluation to determine the feasibility of granting the loan or submitting an application to a credit analyst for verification and recommendation.
- Meeting with applicants to obtain information for loan applications and to answer questions about the process.
- Guiding loans through the approval and closing process.
- Explaining, promoting, cross-selling, or referring banks, insurance, and trust products or services.
- Representing the Bank in the community through professional and civic involvement is critically important to this role.
- Managing a portfolio of commercial clients including monitoring loan covenants and structuring loan proposals.
- Underwriting and originating of new credits from existing and/or new customers including renewals, modifications, and annual reviews. Making appropriate loan structure recommendations.
- Proactively looks to expand client base by cultivating referral relationships, and target marketing clients/prospects in accordance with the Bank’s marketing standards.
- Meeting and exceeding monthly performance scorecard goals that include but, are not limited to developing new profitable business relationships.
- Enhancing the cross-sell ratio through the expansion and deepening of client penetration as well as job-related behaviors.
- Highly involved in indirect and direct sales calls as well as representing the Bank in various industry-specific trade organizations that promote the Bank’s loan growth within the desired industries.
- Preparing spreads, performing covenant checks, completing loan reviews, updating ticklers, and populating FDM (electronic document storage system) within a reasonable timeframe upon receipt of financial information and/or other requested documentation.
- Spreading, analyzing, and reviewing financial conditions, income sources, and collateral coverage of borrowers including corporations, partnerships, sole proprietors, and individuals.
- Collecting updated borrower financial information in accordance with periodic reporting requirements and completing scheduled loan reviews.
- Preparing loan presentation write-ups for management and loan committee approvals.
- Ensuring that loans and other assets are appropriate, and timely risk rated in accordance with the Bank’s loan policy.
Who Are You?
You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.
You also bring the following skills and experience:
- Applicants should have a bachelor's degree in finance or a related area.
- A minimum of 15 years of experience with a focus on commercial lending, business development, and credit administration.
- Previous leadership experience of five (5) or more years.
- Excellent communication, customer service, analytical, and organizational skills are required.
- Proficient in PC usage and standard office applications (i.e. Microsoft Word, Excel & Outlook)
The next step is yours. Email us your current resume along with the position you are considering to:
resumes@symicorgroup.com
•
Last updated on Jul 23, 2024