Commercial Private Banker III

Peapack-Gladstone Bank
United States, New York, New York
Jan 15, 2025
Description Position Summary: To manage and grow a commercial loan portfolio Position Responsibilities: New business development efforts and initiatives for the Bank Analyzes the credit history of applicants and determines their loan repayment capabilities Negotiates credit terms, such as costs, loan repayment methods and collateral specifications and prepares presentment to Committee Develop and maintains interest rate structure to be consistent with current market rates Management of commercial customers; including customer retention efforts and client visits Reviews new laws and regulations that influence business lending within the financial institution and makes recommendations to management when necessary External networking Past due follow-up Essential Skills and Experience: Excellent verbal and written communication skills as well as good sales skills Bachelor's degree in business, finance, or related field or equivalent work experience. Minimum three to five years experience in a loan department or similar financial position Knowledge of financial institution policies and procedures Extensive knowledge of lending services and related areas Commercial Credit Training/Analyzing Financial Statements Certification Must have reliable transportation Working knowledge of PC; specifically Excel, Word, Outlook Nonessential Skills and Experience: Preparation of monthly management reports Maintain a neat and order work area Performs other related duties as assigned Reporting to this position: No Direct Reports $160,000.00 to $240,00.00 USD Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities The 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)