Chief Lending Officer Greater Boston, MA Area
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About the Role
Greater Boston, MA Area (Hybrid - Headquarter location)(Newton, Massachusetts)
The Company is in search of a Chief Lending Officer to spearhead its lending operations, with a focus on driving strategic growth, enhancing portfolio performance, and nurturing client relationships. The successful candidate will be responsible for leading the commercial, residential, and consumer lending activities, ensuring strong business development, sound portfolio management, and exceptional service in compliance with all relevant policies and regulations. This role demands a thoughtful, relationship-driven leader with a deep background in commercial banking, sound credit judgment, and a collaborative approach to leadership. The Chief Lending Officer will be tasked with developing and executing lending strategies, partnering with the Chief Credit Officer to align lending practices with the company's risk tolerance and strategic goals, and leading lending teams to meet established goals. Applicants for the Chief Lending Officer position at the company should hold a Bachelor's degree in a relevant field and have a minimum of 20 years' experience in credit, lending, and management, or an equivalent combination of education and experience. The role requires a proven track record of leadership in the lending function, including the ability to coach and develop managers and teams, and a strong knowledge of regulatory guidelines related to lending. The ideal candidate will be adept at managing a diverse portfolio of loan customers, setting and implementing lending team structures, and ensuring compliance with all federal and state rules and regulations. Additionally, the Chief Lending Officer will be expected to stay informed about economic conditions, monitor the competitive lending market, and support marketing initiatives for lending and business development. Community and industry involvement, as well as the ability to represent and promote the company effectively, are also key aspects of the role.
Functions:
- Finance
- Operations
Compensation
USD $250,000-$350,000 (salary) per year
About the Company
Long-standing mutual community bank
Industry
Banking
Type
Privately Held
Age
employees
51-200
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