Commercial Lender Jobs in New Jersey

INTRODUCTION

At Valley Bank, we believe in people’s growth potential. We invest in it. We protect it. We focus it. For nearly 100 years, we’ve been the Bank that clients from every industry turn to for our expertise, strategies, and advice—building the kind of trust that can fuel every goal. We are the leading relationship bank built for growth—with over $60 billion in assets, 3,800 experts, and more than 200 consumer branches and commercial banking offices in communities across the US. At Valley, we're all driven by an ambition that goes deeper than just having a job. That’s why when you work for us, we make it our goal to help you focus on what drives you—working to turn your passions and strengths into assets you can use to propel your ambitions and build the professional legacy you want. Because when we say we're a relationship bank built for growth, that's not just reserved for our clients—that includes all our associates as well.

ROLE AND RESPONSIBILITIES

The Team Leader is responsible for the loan portfolio assigned to, or developed by, the one or more team members reporting to him/her. In addition to performing the duties of a Commercial Loan Officer, the Team Leader is responsible for credit quality, profitability and business development of the team. The Team Lead's main responsibility is business development, credit quality, relationship development and retention and to be a liaison with other business line partners to meet their clients' Banking needs. This is a player coach role, which will start as an individual contributor role with the opportunity to build a team. The Client Revenue target is 25 - 500 million, with the sweet spot being 150 - 500 million. Our industry focus is broad, including food & beverage, distributors, wholesalers, contractors, transportation, nonprofits, country clubs, manufacturing, owner occupied real estate. NJ connectivity is highly preferred.

In Addition To All The Functions Of Commercial and Industrial Relationship Manager, the Team Leader Is Expected To

- Manage and supervise Relationship Managers to ensure that their functions are properly performed with respect to customer service, asset quality, loan approvals, and business development.
- Assist in the preparation of departmental reports such as budgets, strategic plan, etc.
- Develop improved methods of operation that would enhance profitability, efficiency, business development, etc.
- Make calls on accounts, prospects and COIs individually or jointly with Loan Officers or Senior Management.
- Set and manage achievement of team goals.
- Driver's license required.

BASIC QUALIFICATIONS

Required Skills

- Knowledge of credit underwriting, basic accounting and loan documentation.
- Strong leadership qualities.
- Proficient PC skills using Microsoft Word, Excel and Outlook.
- High level of interpersonal and social skills needed to interact with customers and/or prospective clients.
- Ability to prioritize, organize and delegate assignments.
- Good mathematical skills.
- Strong negotiating skills.
- Good administrative and credit skills.
- Ability to write reports and business correspondence.
- Ability to effectively present information and respond to questions.

Required Experience

- High School Diploma or GED and a minimum of five years related commercial loans experience.
- Bachelors Degree preferred.
- Ten years of related commercial loans experience preferred.