Senior-Level Commercial Loan Officer

Winchester, MA

Northmark Bank is a full-service, boutique commercial bank that offers a private client experience to businesses, business owners, and families across Essex and Middlesex Counties. Founded in 1987, Northmark has grown to $350MM in assets strictly through community involvement and word-of-mouth advertising. The Bank’s clients are its best spokespeople. As part of a multi-year succession plan, Northmark Bank is seeking a Senior Level Commercial Loan Officer. The Senior Level Commercial Loan Officer is responsible for developing new business, underwriting, structuring and the closing of commercial loans, as well as maintaining and servicing an existing portfolio.

Essential Functions & Responsibilities

  • Complete financial analysis of loan applications to include the review of tax returns, credit
  • reports, property evaluations and intangibles
  • Verify regulatory requirements on all loan applications
  • Communicate with clients regarding the loan process, missing documentation, approval or denial and loan closing procedures
  • Manage delinquent loan relationships to protect Bank assets
  • Source, develop and underwrite new construction, interim and permanent mortgage financing
  • requests for new and existing customers
  • Maximize Bank profitability through appropriate pricing of new loan originations, fee income and selling of all Bank products and services
  • Negotiate terms, structure loan financings based on risk considerations and present credits for approval to appropriate levels of authority within the Bank as required
  • Support the bank's strong relationship banking culture through on-going customer contact, quality customer service and superior product knowledge

Qualifications/Requirements

Formal Education

  • Minimum of seven to ten years of commercial real estate lending experience
  • Training in financial analysis and understanding of personal and corporate tax returns
  • Bachelor’s degree in finance, business, economics or accounting

Knowledge and Experience

  • Knowledge of Bank products, services, policies and procedures
  • Knowledge of Regulatory/Compliance requirements within the banking industry
  • Computer proficiency in PC applications, particularly in Microsoft Office applications
Account Executive:
Carll Wilkinson, Managing Partner