What are the responsibilities and job description for the Lender VP position at Signature Bank?
Did you know? Signature Bank has appeared on Forbes' Best Banks in America list for over ten years and was recently selected to become part of the prestigious S & P 500!
Now is the perfect time to join our winning team! Signature Bank, member FDIC, was founded in 2001 as a full-service commercial bank with private client offices throughout the New York metropolitan area. In 2018, the Bank expanded its footprint to the West Coast with the opening of its first full-service private client banking office in San Francisco, and we continue to expand! The Bank’s growing network of private client banking teams serves the needs of privately owned businesses, their owners and senior managers. Signature Bank offers a wide variety of business and personal banking products and services.
What you should know about our Lender, VP role...
In this position you will assist the Financial Center and Private Client Groups with business development by analyzing and underwriting credit requests for middle and upper middle market clients.
If you are a creative thinker with exceptional analytical skills, and thrive in a high demand, collaborative environment; this immediate opportunity might be a fit!
Primary responsibilities include:
- Interact with Private Client Groups, their clients and prospects to assess loan requests
- Monitor the credit quality of diverse loan portfolios consisting of owner occupied real estate, working capital and revolving lines of credit, as well as performance of each credit
- Approve middle market credit requests within assigned credit authority; prepare underwriting analysis and credit offering memo; recommend requests that exceed credit authority to senior credit officer for approval
- Analyze applicant’s financial status, credit, and collateral to determine feasibility of loan request
- Review financial reports submitted by clients to monitor compliance; promptly address any credit quality issues within portfolio
- Ensure loan agreements are complete and accurate, and in compliance with policy and approval
To be qualified for this role you should have...
- Bachelor's Degree in Business, Finance or related field preferred
- Minimum 5 years commercial lending experience at a leading money center bank or equivalent institution required
- Formal credit training strongly preferred
- Demonstrated experience with financial statement / cash flow analysis and financial ratios
- Strong knowledge of commercial lending with understanding of federal banking regulations and commercial lending policies, procedures, practices, and techniques
- Excellent communication skills, both written and verbal. Able to piece together financial information to assess viability of credit request and inherent risks.
- Excellent critical thinking skills with ability to think of alternatives that fit business standards
- Superb interpersonal skills; able to build and maintain relationships. Must possess high ethical standards with demonstrated integrity, tact, and diplomacy.
- Must be able to manage competing priorities in fast-paced, high demand environment
- Proficient in Microsoft Word & Excel
We offer a wide range of Employee Benefits including...
- Competitive BONUS program
- Excellent health benefits with award winning wellness program
- Tuition and gym reimbursement
- 401K with company match
- Pet Insurance
...And Much more!
For those candidates applying to locations within the New York City boroughs: As part of our commitment to health and safety, and as mandated by law, all employees are required to show proof of vaccination to be considered for any position with Signature Bank. Where permitted by applicable law (including any applicable reasonable accommodation, medical or religious exemption), candidates must have received the COVID-19 vaccine prior to their start date. Upon commencement of employment, new team members must provide proof that they have been fully vaccinated against COVID-19.
For those candidates applying to locations in San Francisco: Signature Bank will consider for employment qualified applicants with criminal histories consistent with San Francisco Fair Chance Ordinance and federal laws applicable to Signature Bank.
View available Careers with Signature at www.signatureny.com/careers
We are an Equal Opportunity Employer.
We do not sponsor work visas.