Job Information
Main Street Bank VP Commercial Credit Manager in Marlborough, Massachusetts
SUMMARY: Reporting to the SVP-Chief Credit Officer, this position works closely with the SVP-Chief Credit Officer partnering with analysts and lenders and other Commercial Credit/Administration officers/supervisors for the day-to-day assignment of work/pipeline management, and general oversight and management of the commercial credit analysis and portfolio analysis functions. A key function is partnering with analysts and lenders to gather, understand and present information critical to an informed credit-decision process to ensure timely and consistent underwriting and review of all types of commercial credit relationships and compliance with credit risk policies. The individual in this position will not only supervise a team but is also expected to be able to work on or closely oversee the underwriting of the most complex commercial loan transactions and be able to perform any of the activities of a credit analyst as workflow and volume demands occasionally may dictate. In addition, this position assists with the development interpretation and application of commercial credit policies and procedures; collaborates with the AVP Sr. Credit Analyst and SVP Chief Credit Officer to develop, implement, and manage credit risk associated with the on-going management and monitoring of the portfolio, including the Watch list. Further, this position participates with and provides input to the Commercial Platform Integration Officer and the Commercial LOS administrative team for the ongoing development and improvement of the LOS Additionally, it is expected that this position assists the SVP Chief Credit Officer with the oversight of the entire loan portfolio and may lead or work on projects that affect the department and the bank, while also acting as a resource for others to maximize their contribution to the Banks goals. Periodic travel is required to meet with assigned staff and occasional site visits. Position is based in Marlborough with supervised staff located in Marlborough and Ayer as well as remote/hybrid. After successful completion of training and proven abilities, this position is eligible for a hybrid work arrangement, consistent availability is expected during core business hours and agreed upon number of days per-month on site. SKILLS REQUIRED: Bachelors degree in Business Administration / Accounting/Finance; MBA preferred, or equivalent work experience (bank credit and/or lending experience.). Advanced analysis skills and techniques to develop comprehensive analyses for complex commercial loan requests. Leadership/supervisory experience Project management skills. Strong or Extensive background in financial institution operating policies and procedures, banking regulations (state and federal). Abrigo/Sageworks (or similar) statement spreading required, and administrative level knowledge of comprehensive LOS software/systems experience preferred. Advanced financial analytical skills with sound judgment and decision-making abilities Excellent knowledge of personal/business financial statements and tax returns Strong knowledge of Commercial Loan structure and commercial credit standards required. Proficient in Microsoft 365 Office Suite products and the Internet. Commercial LOS Systems administration experience a plus. Means and mode to travel to any of Main Street Banks other locations as needed on an occasional basis. Main Street Bank is an Equal Opportunity Employer, we are committed to recruiting, hiring, training, and promoting persons without regard to race, color, religion, national origin, citizenship, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, military service, genetic information, and gender identity.