VP​/SVP, Commercial Lender

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Regular Full time Worcester, MA, US

10 days ago Requisition

Salary Range: $ To $ Annually

Cornerstone Bank was formed in 2017, born of a long history of supporting the community, and providing a strong foundation to help people and businesses thrive. Serving Worcester County, Cornerstone Bank’s local presence and community-based banking model enables a unique ability to deliver outstanding service, with a personal touch. Cornerstone provides the highest level of service and expertise for individuals, businesses, and community organizations with branch locations throughout Central Massachusetts.

Cornerstone Bank is committed to providing a collaborative workplace where innovation, teamwork, accountability, and excellence are recognized and where employees are encouraged to broaden their skills, seek opportunities for professional development, serve their community, and provide outstanding customer service with each encounter.

Being a part of the Cornerstone team has many great benefits and perks. This includes a competitive pay, a generous student-loan paydown program, comprehensive benefit package including medical, dental, vision insurance and even pet insurance! We offer a 401(k) plan with an employer contribution and match, success-sharing bonuses, paid time off and more!

If you are looking to join a team that is committed to your ongoing professional growth and development, we are looking forward to speaking to you!

Cornerstone Bank is committed to our customers, colleagues & communities that we serve. Plans, organizes, and directs Commercial Lending & Services activities. Originates and services commercial loans of all types and provides continuing financial counseling to customers in conformance with established Bank strategies, policies, and procedures.

• Carries out ongoing business development programs to promote the Bank’s lending and/or commercial services. Calls on prospective and existing clients to nurture ongoing relationships and to market and cross-sell other Bank products and services.
• May serve on various Bank committees.
• Interviews applicants for commercial and other loans, conducts analysis of credit information, and approves loans within lending authority.
• Independently solicits new loans and serves as account officer on a variety of large and complex commercial loans.
• Responsible for independently working on advanced, complex business deals that require expert industry knowledge.
• Maintains up-to-date records of transactions in conformance with loan policies and provides continuing financial counseling to customers.
• Manages their commercial portfolio. Monitors borrowers’ financial condition on an ongoing basis; reviews financial statements, credit analyses and other information to make an evaluation.
• Participates in planning and goal setting for Commercial Lending. Acts as liaison between the branches, departments, Loan Committee, Executive Committee and the department. Presents loans and recommendations.
• Represents the Bank through participation in various community and industry related activities. Actively promotes interest in the Bank wherever and whenever possible. Actively participates in the Bank’s officer call program.
• Keeps abreast of regulatory compliance and developments for assigned area and apprise staff of same. Recommends procedural changes as needed to support prescribed requirements.

• Performs related and unrelated duties as may be required.
• Participate in civic/community activities to promote growth and development of the community. Instill a positive image of the Bank by adhering to its code of ethics and conduct policy.
• Attend business related functions such as conferences, product education meetings, chamber meetings, etc.

Lending authority:
Please refer to the Credit Approval Matrix within the Bank’s Lending Policy, as approved by the Board of Investments

• Able to analyze financial statements.
• Excellent analytical, organizational, and interpersonal and customer service skills.
• Strong sales ability and negotiation skills.
• Able to travel within the Bank’s lending territory.
• Able to work extended and off-Bank hours.
• Meet production goals and objectives as assigned.
• Bachelor’s degree or its equivalent plus specialized training in lending, credit, or related subjects.
• Minimum of ten (10) years of experience in commercial lending or equivalent.
• Sound credit background