VP of Business and Commercial Lending
Zachary Piper Solutions, Hauppauge, New York, United States, 11788
Zachary Piper Solutions
is currently seeking a VP of Business and Commercial Lending in Hauppauge, NY
Responsibilities for the VP of Business and Commercial Lending:
Establishes and manages lending objectives, targets, strategies, and practices to achieve organizational financial, growth, and service goals
Seeks out new business opportunities and develops strategies to expand existing business
Manages the maintenance and servicing of the existing commercial loan portfolio
Conducts thorough financial analysis of prospective borrowers, including reviewing income statements, cash flow projections, and credit reports to determine creditworthiness
Designs customized loan packages based on client needs, including loan amount, interest rates, repayment terms, and collateral requirements
Evaluates loan applications, assessing risks, and making informed lending decisions within established credit policies
Monitors existing loan portfolios, reviewing financial updates from borrowers, and taking proactive measures to manage credit risk
Maintains ongoing communication with clients, addressing concerns, and providing exceptional customer service
Qualifications for the VP of Business and Commercial Lending:
Minimum of ten years of lending experience with at least five years of management experience
Knowledge of lending principles and practices; Federal and state lending regulations and requirements, Collections practices, policies and procedures, bankruptcy and automated lending systems
Proficiency in Microsoft Excel and Word required
Strong oral/written communication, interpersonal, management, negotiating, analytical, problem-solving and multitasking skills, and detail orientation required
Compensation for VP of Business and Commercial Lending:
$250,000 -$275,000 *Depending on Experience
Cigna Medical, dental, vision, Holidays, 401k, PTO and Sick leave as required by law
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is currently seeking a VP of Business and Commercial Lending in Hauppauge, NY
Responsibilities for the VP of Business and Commercial Lending:
Establishes and manages lending objectives, targets, strategies, and practices to achieve organizational financial, growth, and service goals
Seeks out new business opportunities and develops strategies to expand existing business
Manages the maintenance and servicing of the existing commercial loan portfolio
Conducts thorough financial analysis of prospective borrowers, including reviewing income statements, cash flow projections, and credit reports to determine creditworthiness
Designs customized loan packages based on client needs, including loan amount, interest rates, repayment terms, and collateral requirements
Evaluates loan applications, assessing risks, and making informed lending decisions within established credit policies
Monitors existing loan portfolios, reviewing financial updates from borrowers, and taking proactive measures to manage credit risk
Maintains ongoing communication with clients, addressing concerns, and providing exceptional customer service
Qualifications for the VP of Business and Commercial Lending:
Minimum of ten years of lending experience with at least five years of management experience
Knowledge of lending principles and practices; Federal and state lending regulations and requirements, Collections practices, policies and procedures, bankruptcy and automated lending systems
Proficiency in Microsoft Excel and Word required
Strong oral/written communication, interpersonal, management, negotiating, analytical, problem-solving and multitasking skills, and detail orientation required
Compensation for VP of Business and Commercial Lending:
$250,000 -$275,000 *Depending on Experience
Cigna Medical, dental, vision, Holidays, 401k, PTO and Sick leave as required by law
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