Small Business Lender, Main Office,Florence MA

Are you looking for an employer that provides 5 weeks of PTO and benefits upon hire, focuses on advancement opportunities, and has an overall average employee tenure of a decade? With tuition reimbursement, wellness incentives, and a 401K plan with dollar-for-dollar match, Florence Bank has it all!

At Florence Bank, We Offer

• Competitive salary
• Hybrid work schedule after successfully completing 6 months of employment
• Generous paid time off
• 12 paid holidays
• Dynamic work culture
• Fun work environment
• Weekly pay schedule
• Medical, dental and life insurance upon hire
• 401K plan with dollar-for-dollar match
• Profit sharing bonus after two full calendar years of employment
• Robust wellness program with monetary incentives
• $5,000 tuition reimbursement each calendar year
  
  

We are currently seeking candidates to join our exceptional team for the following position:

Job Title: Small Business Lender

Location: Florence MA

Position Summary: Assists with the direction and coordination of small business lending activities concerned with the extension of commercial credit at a profit to small business customers in accordance with established policies and procedures.

Essential Functions

• Consistently provides superior professional service to internal and external customers.
• Consistently meet expectations of teamwork, punctuality, and regular, reliable attendance.
• Works with the Senior Commercial Lender or Team Leader to develop and maintain an interest rate structure that is competitive and affords the Bank maximum profitability.
• Works with Senior Commercial Lender or Team Leader to develop and manage Small Business Lending Activities. Interviews applicants: collects and analyzes financial and related data to establish creditworthiness; establishes and negotiates, when necessary, credit terms; and continually monitors customers’ creditworthiness and repayment activities.
• Clearly understands the Small Business Administration (SBA) SOP and other credit enhancements for Small Business Lending. Keeps fully abreast of changing government regulations.
• Works on the collection of delinquent Small Business Loans and works with the Senior Commercial Lender and Chief Credit Risk Officer in commercial loan workouts and foreclosures.
• Counsel’s customers, where possible, regarding business management and financial matters.
• Personally, calls on Small Business customers and prospects.
• Keeps abreast of local and national economic, financial, political, and legislative events and climates that could have an impact on commercial lending activities.
• Works with Senior Commercial Lender to provide information that assists in preparing the department budget, including projected loan volume, rate of return and expenditures.
• Maintains professional and community relations to increase the Bank’s visibility and new business opportunities, and to further personal development.
• Refers business to other Bank areas (Commercial lending, cash management, mortgage, consumer, retail, and investment.)
  
  

Other Responsibilities: Assumes additional responsibilities, as requested.

Education, Experience, And Skills Required

The following skills, background, and experience are necessary (with or without accommodation) for this position.

• Bachelor’s degree in business administration, finance, or related area.
• Minimum of two (2) years of Small Business Lending or Portfolio Management experience.
• Strong, well-developed interpersonal skills to maximize business contacts and develop a working relationship with potential and current commercial loan customers.
• Strong analytical skills to conduct initial commercial loan analyses and monitor the loan’s progress in consideration of, including, but not limited to, market trends, credit/interest rates, and economic conditions.
• Ability to meet with current and potential customers and attend community and networking events during and outside of traditional business hours.
• Valid driver’s license with sound driving record and personal transportation available.
  
  

Physical Demands/Conditions Requirements

• General office environment.
• Frequent use of computer.
• Sits for an extended period of time.
• Travels to client workplaces, community, and networking events on a regular basis.
  
  

Equipment Used

• General office equipment.
  
  

In addition to being responsible for completing an accurate CTR for each cash transaction in excess of $10,000, Customer Service Representative, Lenders, and Safe Deposit Attendants are responsible for properly identifying all new bank customers in accordance with the bank’s Customer Identification Program .

All employees handling customer accounts and transactions have a duty to report apparent suspicious activity and OFAC matches to the BSA Officer and the Security Officer.

Florence Bank is an Equal Opportunity Employer; Veterans, disabled, diverse candidates are encouraged to apply.