Job Description

Division: Commercial

Department: Various

Reports to: Various

Status: Exempt/Officer/VP

Pay Grade: 13

Salary Range: $96,089 - $177,069

Actual compensation within the pay range will be determined based on factors including, but not limited to, skills, prior relevant experience, and specific work location.

Location: Yorktown Heights, NY

Purpose/Objective:

Primary responsibilities include management of an assigned portfolio, monitoring of delinquent loans, and ensuring adherence to credit, compliance and operational policies. This position will also be responsible for business development efforts and evaluate the creditworthiness of existing customers as well as prospects and will prepare a comprehensive approval package for presentation to the appropriate loan approval authority.

Key Accountabilities:

• New Business: This position will develop new business opportunities within the assigned portfolio and develop new business primarily from expanding upon assigned relationships as well as from transactions referred by senior business development bankers. Responsibility will include the underwriting of loans by analyzing financial information and related reports and the preparation and presentation of credit approval memorandums. In addition, this position will document loan closings by ordering appraisals and environmental reports, issuing commitment letters, coordinating closings and overseeing the loan booking process in conjunction with the Commercial Loan Assistants. In addition to the development of loan opportunities the Banker will work to increase deposits from clients, and generate non-interest fee income through the appropriate recommendations of interest risk hedging products, loan participation sales and referrals to partner organizations.
• Portfolio Management: Responsible for the ongoing maintenance and customer service of the assigned loan portfolio. Monitor the ongoing credit quality of the portfolio and assess the credit quality of each relationship in accordance with policy including the completion of annual credit reviews and periodic renewals throughout the year. This position will be responsible for the accurate entry of information to track/monitor the status of the portfolio.

Education:

• Bachelor’s degree or equivalent

Experience:

• Minimum of 5-10 years of commercial lending and underwriting/portfolio management experience

Skills & Knowledge:

• Understand the commercial marketplace within the Bank’s target area
• Be well-versed with the Bank’s credit policy and guidelines
• Have familiarity with other products and services offered by the Bank, for cross-selling purposes
• Ability to communicate effectively in both an oral and written capacity
• Be willing to assume any other duties as may be required

Beacon Bank is an Equal Opportunity Employer - all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin. If you would like to contact us regarding the accessibility of our website, need assistance completing the application process, or would like to request alternative methods of applying, please contact us at hr@berkshirebank.com.