Summary: Maintains portfolio of existing customer relationships. May assist more experienced commercial lenders with larger dollar value loans or complicated commercial loan transactions. Analyzes and underwrites more complex or large dollar value commercial loans within a designated region. Working in cooperation with the Branches, Business Development Department and other Commercial Lending team members, develops new business relationships. Approves loans within established guidelines and lending authority.
Job Responsibilities:
- Maintains performing commercial loans. Assists more experienced lending team members with portfolio maintenance requirements for large dollar or more complicated loan transactions. Interacts with customers to maintain and enhance business relationships. Assists in the resolution of loan documentation exceptions.
- Interviews new loan applicants as well as existing borrowing customers. In conjunction with the Credit Department, 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.
- Develops new business by contacting potential customers and following up on leads. Cross sells Bank products and services.
- Monitors delinquencies and evaluates problem loans. Analyzes benefits of restructuring versus pursuing legal collection action. Negotiates and reworks loans or implements legal collection action or referral of the loan to the Special Assets Department. Estimates financial impact to 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 to track loan originations. Monitors commercial loan maturities and loan documentation exceptions.
- Performs other job related duties as may be assigned.
Job Requirements:
- Bachelor Degree in Finance, Accounting, Economics or Business related field. Master’s degree in finance, business or economics preferred;
- Minimum of 8 years experience in Commercial Lending
- Minimum of 2 years experience as a Commercial Lender;
- Formal credit training required;
- Local business experience specifically Northern NJ with potential market expansion;
- Strong Commercial Real Estate (CRE) and Construction (CON) expertise is required
- Must have the ability to develop and retain 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.
Skills Required
- Bachelor's degree in Finance, Accounting, Economics or Business
- Master's degree in finance, business or economics
- Minimum of 8 years experience in Commercial Lending
- Minimum of 2 years experience as a Commercial Lender
- Formal credit training
- Local business experience (Northern NJ) with potential market expansion
- Strong Commercial Real Estate (CRE) and Construction (CON) expertise
- Ability to develop and retain CRE & CON loan business
- Ability to produce assigned loan volume annually
- Ensure and maintain asset quality of loan portfolio
- Thorough knowledge of lending regulations
- Excellent decision making and problem solving abilities
- Excellent written and verbal communication skills
- History of community involvement/volunteerism
- Excellent organizational, follow-up and time management skills
What We Do
You can Count on Columbia for all your personal banking needs in New Jersey. We’re more than just a bank – we’re your personal banker for life. As the largest independent bank in New Jersey, Columbia Bank is motivated by forming long-term relationships with our customers. Our team of experienced banking professionals provides our customers and the communities of New Jersey with unprecedented service and financial security. With conveniently located full-service branches in New Jersey, we believe that’s why individuals and families across New Jersey Count on Columbia to manage their personal bank accounts. Already have a personal bank account with us? We also offer business banking services, with the same service standard and financial stability that guide our personal bank account management. Whether we are helping you achieve your financial goals or helping the communities we serve through volunteering or our Columbia Bank Foundation, we strive to make Columbia Bank a place you can count on. Better Community Banking Starts Here.
