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Commercial Lending Director in Memphis at Vaco

Date Posted: 6/26/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Memphis
  • Job Type:
    Banking
  • Experience:
    At least 5 year(s)
  • Date Posted:
    6/26/2018
  • Job ID:
    CLD123

Job Description

Vaco Memphis is currently hiring for a Commercial Lending Director for our banking client located in Memphis, TN! Qualified candidates will have a Bachelor's degree in Accounting or Finance with at minimum of 5 years of experience in commercial lending or commercial real estate lending.

This position is responsible for the direction, development and support of the Commercial Lending Department. Formulates and executes strategies that will direct the bank's commercial lending objectives. Exceed commercial loan and deposit production and quality standards as established by the Vice Preside of Lending. Establish a loan pipeline while managing risk to ensure both portfolio profitability and strong asset quality. Maintain and build excellent client relations promoting banks products and services to field to increase comercial deposit accounts and loan base as well as strengthen client relationships.

Responsibilities Include:
  • Direct the development and execution of the commercial lending strategic plan for growth, profitability and quality.
  • Achieve loan and deposit growth, meet production, portfolio, fee and interest income, and quality goals as set by management.
  • Provide guidance and coach staff members to the next level of responsibility, including but not limited to goal setting, timely feedback and performance reviews.
  • Facilitate sales success of Commercial Loan Originators and Business Banking Officers and develop team members by creating appropriately detailed individual growth plans.
  • Reinforce with coaching and joint skills development.
  • Exhibit appropriate leadership traits.
  • Develop commercial loan and deposit products and delivery methods that will establish the bank as an innovative and efficient lender, sensitive to the needs of borrowers in our markets.
  • Develop and monitor key commercial lending performance measures, and provide reports and summaries to senior management and board of directors on a regular basis.
  • Conduct vendor management processes for prospective and current vendors.
  • Manage clear expectations of service level agreements with third party vendors to ensure the bank is well represented and our members receive excellent service.
  • Ensure compliance with regulatory, state, federal and policy requirements.
  • Help develop, manage and maintain commercial lending policies and procedures.
  • Serve as the primary liaison for the commercial lending function to examiners, auditors, members and the general public.
  • Ensure mission, vision and values of the bank are consistent with the culture and the environment.
  • Communicate bank goals and direction with all team members to ensure clear understanding of rules, regulations, policies and expectations.
  • Promote business by maintaining good member relationships and referring members to other areas of the bank for new loan and deposit services.
  • Manage the staffing level in the area by hiring appropriate staff and recommending consolidation of tasks/functions for increased efficiency.
  • Represent the bank in industry and professional associations, community organizations, local business groups, etc., and promote the bank's professional image.

If you meet the above qualifications, please submit your resume and a recruiter will reach out.

Job Requirements

commercial lending