Job Description
Develop new business from prospects in that market, esp. in deposit gathering, and work with internal colleagues, to maximize earnings potential; and to formulate strategy to minimize the rate (if any) paid on deposits while providing the best possible product service. Maintain and grow the existing, profitable loan portfolio by seeking lending and other credit opportunities with new potential clients in that space. Work with portfolio management team to monitor the existing portfolio at its existing level of very low risk, by learning and applying Bank’s credit policy and procedures, analyzing company fundamentals in the light of industry trends and market conditions, and supervising the maintenance of internal reporting systems. Perform high level credit analysis and evaluate capital structures of potential new clients and analyze company fundamentals in the light of industry trends and market conditions, along with underwriters. Assist in preparation of, and discuss with credit administration, prescreen memos in conjunction with the underwriters. Present recommendation of credit memorandum in conjunction with underwriters, as necessary to credit administration and management. Review loan documents along with underwriters and oversee loan closing and funding process from beginning to end. In addition to deposit/account colleagues as mentioned above, to maintain and cultivate an effective working relationship with Internal (credit administration, middle market lending credit staff, loan servicing and other departments) and External (borrowers, attorneys, and agent bank) stakeholders. As an important adjunct to the above, to provide mentoring to junior team members, esp. business development/relationship managers. Job Qualifications/Requirements Bachelor's Degree Minimum 10+ years of corporate banking experience Knowledge of General