Commercial Banker III

Division:                  Commercial  

Department:            C&I - Rhode Island 

Reports to:              Division Head – Franchise Lending

Status:                     Exempt/SVP

Grade:                     14  

Salary Range:         $115,297 - $212,491

Actual compensation within the pay range will be determined based on factors including, but not limited to, skills, prior relevant experience, and specific work location.                                                      

Location:                 Providence, RI

Principal Objective

Primary responsibilities include the development of new business, management of existing loan portfolio and adherence to credit, compliance and operational policies.

Key Accountabilities:

• 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. Responsibilities will include overseeing loan underwriting to ensure the appropriateness of the analysis and supporting 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, loan participation sales and referrals to partner organizations. 

• Portfolio Management: Responsible for the ongoing maintenance and customer service of the assigned and originated loan portfolio.   Monitor the ongoing credit quality of the portfolio and assess the credit quality of each relationship in accordance with policy including oversight of the 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.

Education:

• Bachelor’s degree or equivalent

Experience:

• Minimum of 15 years of commercial lending and underwriting/portfolio management experience

Skills & Knowledge:

• 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

Beacon Bank is an Equal Opportunity Employer - all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin. If you would like to contact us regarding the accessibility of our website, need assistance completing the application process, or would like to request alternative methods of applying, please contact us at hr@berkshirebank.com.