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Valley National Bank

Commercial Bnkg Team Leader - Paramus or Morristown, NJ - Paramus, NJ

Valley National Bank, Convent Station, New Jersey, us, 07961

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Commercial Bnkg Team Leader – Paramus or Morristown, NJ #26-34 | Multiple Locations

Job Description The Team Leader is responsible for the loan portfolio assigned to, or developed by, the one or more team members reporting to him/her. In addition to performing the duties of a Commercial Loan Officer, the Team Leader is responsible for credit quality, profitability and business development of the team.

Responsibilities

Manage and supervise Loan Officers and Administrative Assistants to ensure that their functions are properly performed with respect to customer service, asset quality, loan approvals, and business development.

Properly train Junior Loan Officers.

Assist in the preparation of departmental reports such as budgets, strategic plan, etc.

Develop improved methods of operation that would enhance profitability, efficiency, business development, etc.

Perform annual performance appraisals for staff.

Make calls on accounts, prospects and COIs individually or jointly with Loan Officers or Senior Management.

Set and manage achievement of team goals.

Driver's license required.

Qualifications Required Skills

Knowledge of credit underwriting, basic accounting and loan documentation.

Strong leadership qualities.

Proficient PC skills using Microsoft Word, Excel and Outlook.

High level of interpersonal and social skills needed to interact with customers and/or prospective clients.

Ability to prioritize, organize and delegate assignments.

Good mathematical skills.

Strong negotiating skills.

Good administrative and credit skills.

Ability to write reports and business correspondence.

Ability to effectively present information and respond to questions.

Required Experience

High School Diploma or GED and a minimum of five years related commercial loans experience.

Bachelor's Degree preferred.

Ten years of related commercial loans experience preferred.

Employment Details Full-time

Exempt

Locations

80 E. Ridgewood Ave, Paramus, NJ 07652, United States

70 Speedwell Ave, Morristown, NJ 07960, United States

Benefits We provide a comprehensive and competitive total rewards package including base salary determined by factors such as the role, relevant experience, skill set, and geographical location. Eligible positions may also be eligible to receive commission‑based compensation and/or discretionary incentive compensation, which may be awarded as cash or forfeitable equity, recognizing individual performance and contributions.

In addition to financial compensation, we offer a robust suite of benefits tailored to meet diverse employee needs based on eligibility criteria. These include comprehensive health care and insurance plans, retirement savings options, tuition and adoption reimbursement programs, paid time off, mental health support, and other valuable benefits programs.

Pay Range Pay Range: $146,800.00 – $266,000.00 / year

Pay Transparency In order to support the Fair Compensation Strategy by the US Govt., HR Dept., clients are required to adhere to "Pay Transparency Law"; in the impacted states; that have mandated the employers to list the salary ranges in Job advertisements or postings for job opportunities and Job promotions.

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