Vice President Commercial Real Estate Lending

VP, Commercial Real Estate Lending

Our mission is to create exceptional experiences for our customers that help them achieve their dreams, and we are looking for exceptional people who have the talent and passion to help us make those dreams come true.

Looking for a career with a great company culture, potential for growth, and the opportunity to make a difference in the lives of others? At North American Savings Bank (NASB), we deliver best-in-class customer service and the right financial solutions to help our customers achieve their dreams, whether it’s buying their first home, planning for retirement, or anything in between. We believe that exceptional customer service starts by cultivating an exceptional work culture—one that recognizes and rewards hard work, provides the right tools for success, and believes that healthy, happy associates are the foundation of a strong organization. NASB has been in business for over 92 years, and our rapid growth means we are looking for new team members who want to grow with us!

We are currently looking for a Commercial Real Estate (CRE) Loan Officer to join our team.

Summary Description

As a Commercial Real Estate (CRE) Loan Officer, you will be responsible for sourcing, evaluating, originating, and managing commercial real estate and income-producing loans, with a strong emphasis on new acquisition and development financing. This role involves close collaboration with borrowers, closers, underwriters, and various stakeholders to evaluate loan applications, assess creditworthiness, and structure loan deals that align with the bank’s lending standards and strategic objectives. The ideal candidate should possess a strong background in business development, construction-development lending, commercial real estate finance, and understanding of credit and operational risks. Success in this position demands a combination of industry expertise, leadership abilities, and a customer-focused approach to effectively lead teams, manage risks, and drive business growth.

What you can expect to work on...

• Origination: Successfully source and originate new commercial real estate loan opportunities by actively prospecting and cultivating relationships with potential borrowers and developers.
• Credit Analysis: Conduct thorough financial analyses and credit assessments of loan applications to ensure creditworthiness and adherence to lending policies and risk tolerance.
• Loan Structuring: Develop tailored loan structures that meet the financing needs of borrowers while effectively mitigating risks for the bank.
• Portfolio Management: Manage an assigned loan portfolio, including monitoring borrower compliance, assessing property performance, and taking proactive measures to mitigate credit risks.
• Collaboration: Collaborate effectively with internal teams, including underwriting, legal, and closing/servicing departments, to facilitate timely loan closings and ensure a smooth transaction process for borrowers.
• Communication: Exceptional communication and interpersonal skills, with the ability to build and maintain relationships with borrowers, colleagues, and external stakeholders.
• Relationship Management: Cultivate and maintain strong relationships with clients, industry professionals, and referral sources to generate repeat business and new loan opportunities.
• Market Knowledge: Stay informed about market trends, industry developments, and regulatory changes affecting commercial real estate lending to inform decision-making processes and identify opportunities for growth.

What you offer us...

Education:

• Bachelor's degree in finance, business administration, real estate, or a related field
• Advanced degree or relevant professional certification (MBA, CFA, CCIM) is preferred

Experience:

• Minimum of 10 years of experience in commercial real estate lending, with a focus on originating and managing construction financing, commercial real estate, and income producing property-loans
• Proven track record of successfully originating and closing commercial real estate, multifamily, and/or income producing loans, preferably within a National origination footprint
• Leadership experience, preferred

Skills and Knowledge:

• Strong negotiation and business development skills- with ability to overcome obstacles (Strong EQ)
• Strong understanding and experience in construction lending
• Strong understanding of construction and development financing, commercial real estate lending, including loan structuring, underwriting principles, markets, and credit risk assessment techniques
• Excellent time management and organizational skills – must be detail-oriented and thorough
• Ability to work effectively in a fast paced, high production environment

Working Conditions:

• Hybrid work environment; Monday/Friday work from home, Tuesday-Thursday in-office
• Occasional out-of-market business travel for client visits, conferences, and/or business development
• Ability to adapt and navigate complex, and at times, fast-paced, stressful transactions

Physical Requirements:

• Ability to lift/carry up to 25 pounds occasionally
• Ability to remain stationary (sitting or standing) for prolonged periods
• Ability to conduct keyboard/computer work for extensive periods
• Ability to communicate clearly (understand/be understood) with customers in person or over the phone/computer

What we offer you...

NASB offers competitive compensation and excellent benefits packages, including:

• Comprehensive health insurance options including medical, dental, and vision coverage.
• 401(k) retirement plan with immediate employer match.
• Generous paid vacation, sick and personal days. Plus, enjoy a bonus day off for your birthday!
• Exclusive mortgage and banking benefits.
• Paid holidays, volunteer time off, and free parking at NASB facilities.
• Employee referral bonuses and internal training programs to help reach your career goals.

If you have any questions, please contact jobs@nasb.com

Note: This job description should not be construed to imply that these requirements are the exclusive standards of the position. Incumbents will follow any other instructions, and perform any other related duties, as may be required. The employer has the right to revise this job description at any time. The job description is not to be construed as a contract for employment.

North American Savings Bank (NASB) is an EOE/Veterans/Disabled Affirmative Action employer.