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VP of Business and Commercial Lending

Piper Companies, Hauppauge, New York, United States, 11788

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Piper Companies

is seeking a

VP of Business and Commercial Lending

to join a leading credit union headquartered in

Hauppauge, NY. The VP of Business and Commercial Lending

will lead and manage commercial lending activity.

This is position on-site 4 days a week in Hauppauge, NY! Responsibilities of the VP of Business and Commercial Lending include:

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 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 Prepares loan documentation, coordinating with legal counsel, and ensuring compliance with regulatory requirements during the loan closing process Adheres to all regulatory requirements and internal risk and operating policies and procedures Builds a high-performance lending team with individual coaching and professional development opportunities Qualifications for the VP of Business and Commercial Lending include:

Minimum of 10+ 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 Bachelor's degree in a related field required. Compensation for the VP of Business and Commercial Lending include:

Salary Range: $245,000 - $260,000 Comprehensive Benefits: Medical, Dental, Vision, 401K, PTO, Sick Leave if required by law, and Holidays This job opens for applications on [2.16.26]. Applications for this job will be accepted for at least 30 days from the posting date.

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