Commercial Loan Manager jobs in Connecticut

Commercial Loan Manager manages a team of commercial loan officers to build commercial loan business within a designated market. Provides operational guidance to loan officers and approves requests for loans beyond the officers' approval limits. Being a Commercial Loan Manager may personally handle the most complex loans and most difficult credit approvals. Adheres to all regulatory requirements and internal risk and operating policies and procedures. Additionally, Commercial Loan Manager builds a high-performance lending team with individual mentoring, coaching, and professional development opportunities. Typically requires a bachelor's degree. Typically reports to a director. The Commercial Loan Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Commercial Loan Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)

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Director, Commercial Loan Admin
  • Webster Bank
  • Southington, CT FULL_TIME
  • If you’re looking for a meaningful career, you’ll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster’s values, these set us apart as a bank and as an employer.  

    Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!

    The Commercial Loan Administration Manager is responsible for managing Commercial Loan Admin (CLA) teams which support commercial lending pre-closing, regulatory, and closing activities on originations and higher-level servicing requests for Large Commercial Lines of Business. The role reports into Webster’s Commercial Middle Office Leadership under the Commercial Bank’s Chief Administrative Officer. The Manager will lead, supervise, and direct CLA Team Leaders and CLAs in their day-to-day operation to ensure large commercial transactions are complete, accurate, and in accordance with policies, procedures, and regulations.

    Responsibilities:

    • Oversee the Commercial Loan Administration function, supporting C&I, CRE, Sponsor & Specialty, and other LOBs in close partnership with Operations Booking & Servicing Departments
    • Leverage technical skills to advise others, manage escalations, and make decisions on complex loan transactions and accounting/finance/credit related concepts
    • Lead development of policies and procedures for Loan Administration team, partnering with LOB, Compliance, Operations etc. to establish cohesive procedures in accordance with the Commercial Bank’s bank-wide processes and policies
    • Accountable for establishing the Middle Office business, team, and individual goals
    • Use existing and/or create pipeline and portfolio reports to manage workflow, establish quality control tests on booked loans, and monitor Commercial Loan Admin servicing activities
    • Manage hiring and training of Team Leads and CLAs and work with LOB to align skillsets to portfolio needs
    • Responsible for standard employee management activities such as performance reviews and staffing & planning forecasts
    • Represent the Middle Office on commercial lending leadership initiatives and strategic projects
    • Assist the LOB on internal audit and other audits/reviews

    Requirements:

    • Bachelor degree preferred
    • Manager of manager experiences (10 years) in Commercial Loan Administration or similar function, supporting larger, more complex commercial transactions 
    • Strong technical commercial loan and product knowledge, legal documentation review, compliance & regulatory, and system knowledge 
    • Strong people management skills with demonstrated ability to lead teams towards working objectives and achieving strategic goals
    • Effective oral and written communication skills
    • Ability to adapt to changing environments (people, processes, technologies)

    The estimated salary range for this position is $100,000 USD to $125,000 USD. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.

    #LI-EM1

    #LI-HYBRID

    All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

  • 2 Days Ago

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Commercial Loan Officer
  • GPac
  • New Haven, CT FULL_TIME
  • Salary: $100k - 130k per year Reference: B1H(U)CommLender2291 Commercial Loan Officer Commercial Loan Officers, or Commercial Lenders, work to help business owners obtain funds needed to fund their bu...
  • 11 Days Ago

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Senior Commercial Loan Officer
  • Thomaston Savings Bank
  • Bristol, CT FULL_TIME
  • Thomaston Savings Bank is celebrating it's 150th anniversary! If you are an experienced Commercial Loan Officer who has ties to the Bank's market area, this may be a smart career choice for you! Thoma...
  • 14 Days Ago

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Commercial Loan Officer
  • New Silver
  • West Hartford, CT FULL_TIME
  • Commercial Real Estate Loan Officer (Specializing in Construction and Fix and Flip Lending)Location: Hybrid, within driving distance to CTSalary: On target earnings (base plus commission) of $150,000 ...
  • 17 Days Ago

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Commercial Loan Officer
  • Guilford Savings Bank
  • Old Saybrook, CT FULL_TIME
  • POSITION DESCRIPTION:Responsible for developing and maintaining strong and profitable relationships with commercial clients and providing quality client service. Actively call on businesses in GSB’s s...
  • 1 Month Ago

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Project Manager
  • PDS Tech Commercial, Inc.
  • New Haven, CT FULL_TIME
  • Find your next new exciting opportunity here!PDS Tech Commercial, Inc. is seeking candidates for a Project Manager in New Haven, CT.Job Title: Project Manager Job Type: Full time, DIRECT hireLocation:...
  • 20 Days Ago

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Commercial Manager
  • Sims Metal
  • Williamsport, PA
  • About Sims Metal Sims Metal (Sims) is a global leader in metal recycling. With facilities across the globe, Sims plays a...
  • 3/28/2024 12:00:00 AM

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Commercial Manager
  • AtkinsRealis
  • South Burlington, VT
  • The Commercial function provides advice on and analysis of commercial risks in the business, commercial sales and procur...
  • 3/28/2024 12:00:00 AM

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Commercial Manager
  • Inditex
  • Norwalk, CT
  • About us Zara offers the latest fashion trends for women, men and children. An international brand with stores in the ma...
  • 3/28/2024 12:00:00 AM

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Commercial Manager
  • Sims Metal
  • Coatesville, PA
  • About Sims Metal Sims Metal (Sims) is a global leader in metal recycling. With facilities across the globe, Sims plays a...
  • 3/28/2024 12:00:00 AM

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Commercial Loans Manager
  • Trustco
  • Albany, NY
  • Job Title: Commercial Loans Manager Reports to: Vice President of Commercial Loans FLSA Status: Exempt Salary Grade: EX0...
  • 3/27/2024 12:00:00 AM

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Commercial Manager
  • Derrick Corporation
  • Buffalo, NY
  • The core responsibility of the Commercial Manager within the Industrial Minerals Sector is to increase the adoption of D...
  • 3/26/2024 12:00:00 AM

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Commercial Manager
  • Clinton Electric Co.
  • Full Job Description Clinton Electric Co. is a leading electrical company in the Greater Baltimore Area. For over 50 yea...
  • 3/25/2024 12:00:00 AM

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Commercial Manager
  • Code19 Racing
  • Code19 Racing is adding a key member to our growing team. Code19 Racing is an autonomous tech startup on the lookout for...
  • 3/24/2024 12:00:00 AM

Connecticut is bordered on the south by Long Island Sound, on the west by New York, on the north by Massachusetts, and on the east by Rhode Island. The state capital and fourth largest city is Hartford, and other major cities and towns (by population) include Bridgeport, New Haven, Stamford, Waterbury, Norwalk, Danbury, New Britain, Greenwich, and Bristol. Connecticut is slightly larger than the country of Montenegro. There are 169 incorporated towns in Connecticut.The highest peak in Connecticut is Bear Mountain in Salisbury in the northwest corner of the state. The highest point is just east...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Commercial Loan Manager jobs
$167,688 to $255,551

Commercial Loan Manager in Gulfport, MS
“Our experienced team of commercial lenders can custom tailor a flexible loan package to address the needs of your business, large or small.”.
December 10, 2019
Commercial Loan Manager in Alexandria, LA
This will also give you and your lender an opportunity to see which loan program would be most appropriate for your needs.
December 19, 2019
Once your application is received, a loan officer or processor will review your credit reports, the amount of available collateral, and your income.
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Commercial Loan Manager in Fairbanks, AK
This means that, not unlike individual consumers, smaller businesses must rely on other lending products, such as lines of credit, unsecured loans or term loans.
December 26, 2019