Ascendo Resources | VP/SVP Middle-Market Corporate ...

We are in search of a VPSVP Corporate Banking Relationship Manager responsible for spearheading the origination of middle-market corporate banking loans and actively promoting the Bank diverse suite of products to the corporate client base. The successful candidate will be tasked with achieving or exceeding predefined production goals.Key Duties:Interview loan applicants and meticulously analyze their financial data to assess both their general creditworthiness and the feasibility of their individual loan requests.Establish and bargain credit terms, such as interest rates, repayment plans, time frames, and collateral requirements.Regularly review the credit standing of clients, gathering information through methods like on-site business assessments, scrutiny of financial reports, and one-on-one interviews.Present loan applications to the senior loan committee when the suggested loan sum surpasses the departmental lending threshold.Authorize or reject overdrafts for deposit accounts in compliance with preset guidelines.Vigilantly oversee loan repayment timelines and instigate recovery procedures for overdue accounts.Provide relevant business and financial guidance to clients as needed.Serve as the principal point of contact between the bank and all clients, whether seeking loans or other banking services.Identify and foster new business prospects through active engagement with potential clients and cross-promotion of bank pile reports that summarize loan activities for internal departmental analysis.Remain updated on local and national economic shifts, financial news, and legal changes that could impact corporate and commercial lending practices.Engage in community events to heighten the bank's profile and discover new business avenues.Adhere to federal and state legal guidelines, including anti-money laundering protocols, and complete all mandatory training.Maintain vigilance in spotting and reporting any transactions that appear suspicious.Requirements:Bachelor's Degree in Business Administration, Finance, or a related fieldAt least 7+ years of experience in commercial pensation:Competitive salary plus bonus structure, and benefits package, commensurate with experience.Ascendo is a certified minority-owned staffing firm, we welcome and celebrate diversity. Ascendo is an Equal Opportunity Employer and does not discriminate on the basis of race, color, religion, sex including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, retaliation, parental status, military service or any non-merit factor

Created: 2025-01-20