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Commercial Private Banker III (Relationship Manager)

Peapack-Gladstone Bank
New York, NY Full Time
POSTED ON 2/13/2025
AVAILABLE BEFORE 5/12/2025

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 excellent sales skills
  • Bachelor's degree in business, finance, or related field or equivalent work experience.
  • Minimum 8 years experience in a similar role at a financial institution
  • 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 orderly 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)

    Salary : $160,000

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