Job Description

Commercial Banker III - Providence, RI

Currently, we are seeking an ambitious Commercial Banker III who thrives in a team setting, is driven, has integrity, is authentic, and has experience in Commercial Banking. This position is based out of our Turks Head HQ in Providence, RI. The primary responsibilities include the development of new business, management of existing loan portfolio and adherence to credit, compliance and operational policies.
Principal Duties and Responsibilities

• New Business: This position will independently develop new business opportunities through business development efforts; including new client solicitation, active involvement in industry organizations, and expansion of existing client base. This 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 loans by ordering appraisals and environmental reports, issuing commitment letters, coordinating closings and overseeing the loan booking process. 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 recommendation of interest risk hedging products, cash management sales, foreign exchange services 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.

Job Specifications

• Bachelor's degree or equivalent
• Minimum of 10 years of commercial lending and underwriting/portfolio management experience
• 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

Skills Required