SonicJobs Logo
Left arrow iconBack to search

Market President

Burke & Herbert Bank & Trust
Posted 3 months ago, valid for 10 days
Location

Alexandria, VA 22320, US

Salary

$200,000 - $290,000 per year

Contract type

Full Time

By applying, a Sonicjobs account will be created for you. Sonicjobs's Privacy Policy and Terms & Conditions will apply.

SonicJobs' Terms & Conditions and Privacy Policy also apply.

Sonic Summary

info
  • The Market President is responsible for business development, management, and public relations in a designated region, focusing on achieving commercial production and profitability goals.
  • Candidates must have a bachelor's degree in business or finance and at least seven years of experience in a financial institution or loan department.
  • The role involves negotiating credit terms, overseeing commercial banking staff, and maintaining effective communication across the bank.
  • Strong community ties, leadership experience, and skills in communication, collaboration, and sales are preferred for this position.
  • Salary details are not specified in the job description, but the role requires active participation in community events and travel as needed.

JOB DESCRIPTION

Summary/Objective

The Market President is a leadership role in the business development, management and public relations efforts with an assigned Region and directly responsible for the execution of commercial production/profitability goals for the assigned market. 


Essential Functions
 Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


  • Meet or exceed production and contribution goals for the assigned market through business development while managing a commercial banking staff.
  • Negotiates credit terms, such as costs, loan repayment methods, and collateral specifications for overall Bank performance and profitability. Provide vision for growing the bank’s footprint and market share.
  • Evaluates potential customer loan requests and makes loan recommendations to the Regional President.
  • Direct and oversee the production activities of commercial bankers in the market.
  • Responsible for staff hiring, development, coaching, performance management, recognition, and disciplinary actions.
  • Point of contact for the Bank with public relations outreach in the market.
  • Assures effective, bank wide communication.
  • Maintain loan and deposit portfolio for operational efficiency and overall growth. 
  • Advises on the planning and direction of the Bank marketing and advertising activities.
  • Provide excellent customer service to existing and potential clients.


Other duties


  • Actively participate in community events. 
  • Other duties as assigned.


Skills/Abilities

  • Maintains the highest standards of ethical behavior
  • Strong community ties and leadership experience. 
  • Good communication, collaboration, organization, and sales skills preferred.


Education and Experience

  • Bachelor’s degree in business or finance, or equivalent work experience.
  • Seven years of experience in a financial institution or loan department required.
  • Knowledge of commercial real estate and commercial non-real estate lending policies and procedures required.
  • Knowledge of lending services, cash management services, and related areas required.


Supervisory Responsibility
 
This position has supervisory responsibilities.
 

Work Environment
 This job operates in an office setting. This role routinely uses standard office equipment such as computers, phones, photocopiers, and filing cabinets. Office environment with job duties conducted via telephone, face-to-face meetings, and on the computer. 
 
Physical Demands
 This position requires manual dexterity, the ability to lift files and opening cabinets. This position requires bending, stooping, or standing as necessary.
 
Travel
 
Travel is required for this position.

For Applicants located in Alexandria, Virginia (VA): The anticipated salary range for this position is $200,000–$250,000 annually.

For Applicants located in Reston, Virginia (VA): The anticipated salary range for this position is $200,000–$250,000 annually.

For Applicants located in Bethesda, Maryland (MD): The anticipated salary range for this position is $200,000–$250,000 annually.

The ranges listed above for Virginia and Maryland represent the good-faith compensation the Company reasonably expects to pay for the position at the time of posting. Actual compensation will be determined based on factors including, but not limited to, the candidate's skills, qualifications, experience, education, certifications, internal equity, and business needs. This position may also be eligible for additional compensation, such as bonuses or incentive pay, where applicable.


 

 
Equal Employment Opportunity/M/F/disability/protected veteran status


 Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
 




Learn more about this Employer on their Career Site

Apply now in a few quick clicks

By applying, a Sonicjobs account will be created for you. Sonicjobs's Privacy Policy and Terms & Conditions will apply.

SonicJobs' Terms & Conditions and Privacy Policy also apply.