Candidate Profile #417323
Massachusetts – Boston Area – Sr. Commercial Lender
- Years of Related Experience: 18
- Minimum Salary: $150K
- Work Area: Boston, Massachusetts
- Experience:
- No Non-compete Agreement.
- Experience in CRE and C&I, loans averaging $3MM to $5MM, up to $8MM
- Has an annual loan production in EACH of the last three years of $30MM in 2021, 18MM in 2022, and $20MM in 2023.
- Manages a loan portfolio of $55MM.
- Lead, manage, and direct the Commercial Lending activities of the Institution in support of policies, goals, and objectives.
- Oversee loan and credit policy, manage underwriting, assign risk ratings, and conduct periodic loan reviews.
- Design and implement lending procedures and risk practices establishing an appropriate credit-risk environment.
- Provide loan structure solutions to meet client’s immediate borrowing and liquidity needs.
- Identify and quantify portfolio risk, monitor performance and credit quality, and track changes and asset mix.
- Engage in community activities and business events fostering a positive culture within our market.
- Serve on the Institution’s Senior Management Team, Asset Liability and Loan Committee.
- Responsible for negotiating conditions and arranging loan participations to increase liquidity and capacity.
- Prepare responses and corrective actions to audits or examination findings quarterly to the Board of Directors.
- Review commercial credit policies to ensure compliance with regulatory authorities.
- Write monthly board reports, approve credit memorandums, negotiate terms, and spread financials.
- Other Attributes: Proficient in Excel Real Estate Acquisition and Valuation Model, Income Property Analysis, Construction Interest Calculation, Debt Service Coverage, Cash-Flow Spreads, Microsoft Office Suite, and Salesforce, certified in Financial Markets and Institutions.
- Leadership Experience: Manages 5 employees.
- Education: Master’s degree and a Bachelor’s degree in Finance
- Reference #: 417323
- Send Candidate’s Resume: Click Here