Commercial Banking Manager

Commercial Banking Manager - Lake Havasu, AZ

Founded over 90 years ago, we are a locally owned, not-for-profit financial cooperative that provides consumer and small business banking services to more than 150k members across the state.

Position Summary :

The Commercial Banking Manager is responsible for managing the team responsible for the origination, underwriting, closing of new and renewal loan prospects and the management of the existing non-troubled asset in the commercial loan portfolio. The Manager has direct reports : Commercial Loan Officers and Commercial Bankers

The position requires a strong work ethic, the ability to prioritize and adapt to changing deadlines, advanced interpersonal skills, excellent communication, and the desire to work as a team to support the overall success of the Bank. Persons in this position must possess a strong knowledge base about all types of conventional lending. Additionally, they must possess a strong knowledge of commercial lending, commercial banking, and the SBA 504 loan program, policies, and procedures.

Essential Responsibilities :

• Oversee / Assist with all Commercial Loan Officer and Commercial Bankers responsibilities.
• Assist the Processors, Underwriters, and Loan Closers with their responsibilities as needed.
• Assist the Portfolio Managers with their responsibilities as needed.
• Assist Business Banking Officers on developing depository and treasury management relationships.
• Collaborate with leadership in creation of and implementation of department Strategic Plan.
• Collaborate with leadership in creation of and execution of department budget.
• Solicits and services a variety of Commercial and Government Guaranteed Loans.
• Recommend credits for approval or declination.
• Inspect real property to ensure the condition and quality of collateral.
• Monitor existing portfolio for performance, compliance, and ongoing needs.
• Cross sell services to develop and maintain a complete member relationship.
• Review and analyzes financial data submitted by borrower to determine credit worthiness and ability to repay request as structured.
• Calls on existing members periodically as part of a program of on-going member contact.
• Provides guidance to credit analysts and support staff and other loan officers.
• Represent the bank in negotiations and loan closings.
• Monitors the groups loan portfolio on a continuous basis.
• Monitors the groups loans after booking to ensure that they were properly booked.
• Review the groups loan documentation to ensure consistency with loan approval requirements and proper collateral perfection and lien position.
• Organize electronic files according to Synergy procedures.
• Assist in ordering of all necessary third-party reports.
• Monitor the groups preparation of the Borrower Risk Rating sheet.
• Assist in compiling documentation for potentially new vendors; submit to CCO / vendor management for approval, follow up when necessary.
• Assists in compiling any Commercial Mortgage Broker approval package, including SAMS verification, for Chief Credit Officer approval.
• Assist Underwriting group when needed with completion of financial spreads in Moody's, loan presentations in Sageworks and modification memos as directed.
• Assist Portfolio Management group when needed with completion of financial spreads in Moody's, annual reviews, and portfolio management reports, as directed.
• Assist in managing construction loan draws when needed.

Required Qualifications :

Preferred Qualifications :