Description

Scroll down for a complete overview of what this job will require Are you the right candidate for this opportunity Why Torrington Savings Bank? Looking to grow your career at a place where community, innovation, and opportunity come together? Torrington Savings Bank offers more than just a job—we offer a supportive environment where your skills and ideas can thrive. As a trusted financial institution with over 150 years of history, we’re committed to serving our local communities while helping our employees reach their professional goals. Whether you're just starting out or looking to take the next step in your career, you'll find a collaborative culture, opportunities for advancement, and a workplace that values work-life balance. Join a team that takes pride in building relationships and delivering personalized banking experiences every day. Current Opportunity Chief Commercial Lending Officer As Torrington Savings bank continues to pursue our growth strategy – we have grown our commercial loan portfolio an average of 40% per year over the past 4 years – we are looking for an experienced leader to oversee our Commercial Lending team. Reporting to the President & CEO, this role will be responsible for effectively overseeing the Bank’s commercial lending activities including treasury services, and business development activities. Managing the commercial loan portfolio to produce a reliable flow of interest and fee income while maintaining loan quality, risk management and compliance with loan policies and regulations. Recommend loan policies and programs consistent with the objectives of the Board of Trustees’ strategic direction. Responsible for setting and achieving loan growth goals which are aligned with the overall Bank goals and sound lending practices. Primary Accountabilities / Responsibilities: · Lead the Commercial lending staff including the treasury services team to ensure lending goals and customer service standards are continually achieved and department operations are performed in an effective and efficient manner. Promotes a culture of high performance and efficiency. · Identify and manage a strong diverse pipeline of commercial lending relationships and opportunities. · Partner with other lending functions within the bank to share leads, industry contacts, networking opportunities in order to help meet growth initiatives across the bank. · Coordinate the development and revision of all commercial loan policies and procedures and ensure that all activities are in compliance with bank policy and State and Federal regulations. · Provide appropriate monitoring and reporting to management, the Trustee Loan Committee and the Board of Trustees to present an accurate assessment of the risk profile and composition of the commercial loan portfolio. · Assist in formulating the Bank’s long-term strategic direction with regards to areas of responsibility and in collaboration with other lines of business. · Maintain a loan participation program that is consistent with the bank’s appetite for participation loan quality and levels. · Participate in banking and civic organizations to promote the Bank’s image and visibility within the community. Requirements Position Requirements: · Minimum bachelor’s degree or equivalent in Financial focused education. Master’s degree or work experience equivalent preferred. · Minimum of 10 years in the commercial lending industry with at least 3 years of supervision experience. · Knowledge of State and Federal lending laws and regulations, Bank policies and procedures · Excellent verbal and written communication skills. · Ability to develop and maintain business relationships as well as influence people in their opinions, attitudes, or judgments about ideas or things; to motivate, convince, or negotiate. · Ability to perform under stress when confronted with emergency, critical, or unusual situations. · Ability to maintain relationships that facilitate task accomplishment; to cooperate and resolve conflicts; to recognize needs and be sensitive to others; to support the goals and objectives of all bank departments. · Ability to systematically identify and define problems, evaluate alternatives, and implement cost effective solutions. Torrington Savings Bank offers an excellent benefits package which includes medical, dental, and vision coverage. We also offer company paid life insurance, short term disability, long term disability, and a wellness reimbursement program up to $350 per year. Employees are eligible to participate in our 401k plan after 6 months of service which has an employer match up to 3%. Employees may also be eligible for an additional employer match to their 401K following one year of service.

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