Salem Five is a growing regional financial services organization with a rich history of over 160 years.As an independent bank, we are deeply rooted in the communities we serve and offer our employees successful and rewarding careers.Salem Five has more than 30 retail banking branches throughout Essex, Middlesex, Norfolk and Suffolk counties, strong business banking capabilities, an Insurance division, a Wealth Management & Trust organization and a Mortgage Company that has provided homeownership to generations of families.Salem Five believes deeply in supporting the communities in which we reside. Donations through our Charitable Foundation or events at the branch or location-level are an important part of our DNA. We would not be the company we are without our commitment to businesses and organizations that help the region thrive and to our employees. Come see what we're all about.JOB DUTIES AND RESPONSIBILITIES
- Execution of all aspects of borrower financing process including 1) appropriate loan structuring and origination, 2) document negotiation for various loan types, including permanent, bridge, and construction lending, and 3) loan closing.
- Effectively present new loan opportunities to senior management in loan committee.
- Prepare loan pre-screens, annual reviews, and ongoing portfolio management, information requests, and required loan closing due diligence materials.
- Proven ability to originate new commercial real estate lending opportunities across all property types with typical hold sizes ranging from $5 million to $20 million plus.
- Meet with business referral sources, including brokers, attorneys, and CPA's.
- Review and either recommend for approval or decline new commercial real estate loan requests.
- Demonstrates compliance with banking business laws and regulations as defined in company policies and procedures pertinent to the position.
EDUCATION and/or EXPERIENCEA Bachelor's Degree is required.Major should be in Finance or related discipline.A minimum of ten years of lending experience required.Incumbent should have at least 7 years of Commercial Real Estate experience and be well versed in the technical aspects of commercial real estate lending.Strong communication, analytical, and writing skills required along with a demonstrated ability to develop and maintain client relationships. PHYSICAL DEMANDS The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel; reach with hands and arms; and talk or hear.The employee is occasionally required to stand; walk; climb or balance; and stoop, kneel, crouch, or crawl.Specific vision abilities required by this job include close vision. Benefits/Incentives:Health Insurance, Dental, Vision, Flexible Spending Account, Health Savings Account, 401k Matching, Tuition Reimbursement, Employee Referral Program, Summer Family Outing, Annual Holiday Reception and more Salary Range:Competitive Base plus incentiveReady to apply? If this job sounds like a fit for you, then click on Apply/Apply Now in this posting. We look forward to talking with you.Equal Opportunity Employer/Protected Veterans/Individuals with DisabilitiesThe contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)