Vice President, Senior Commercial Lending Officer
Job Description
Job DescriptionDescription:
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
VP, Senior Commercial Lending Officer
As Torrington Savings bank continues to pursue our commercial lending and treasury services 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 lender to help maintain this momentum. In this role, you will be responsible for originating and managing a portfolio of commercial loans, sourcing and structuring complex financing solutions while ensuring compliance with internal credit standards and regulatory requirements. You will collaborate closely with our credit and treasury teams to structure profitable relationships that drive both loan growth and non-interest (fee) income through a full relationship banking approach. This role requires an individual to work independently, have strong decision-making skills, and an understanding of credit analysis. Must have proven experience working across all functions of the bank to not only drive commercial loans but to cross sell all bank products.
Primary Accountabilities / Responsibilities:
- Originate and manage commercial loans across diverse industries, generating $20 – $30 million in new loan volume annually; conduct applicant interviews, partner with the credit team to analyze creditworthiness, and structure competitive loan terms aligned with bank policy.
- Proactively develop relationships across various industries and networks to cultivate new commercial relationships and expand existing ones, contributing to portfolio and fee income growth in alignment with the bank’s strategic goals.
- Manage an active commercial loan portfolio, ensuring strong credit quality through ongoing monitoring to proactively address any potential issues.
- Partner with the cash management, retail, and wealth management teams to identify and execute cross-sell opportunities that strengthen client relationships and expand the bank’s footprint.
- Represent the bank in the community by actively participating in civic, philanthropic, and professional engagement reinforcing the bank’s commitment to local growth and partnership.
Requirements:
Position Requirements:
- Minimum bachelor’s degree or equivalent in a Financial related field.
- Minimum of 5 years in the commercial lending industry with proven ability to originate and manage complex financial relationships.
- Knowledge of State and Federal lending laws and regulations, Bank policies and procedures, and credit standards
- Excellent verbal and written communication skills.
- Ability to develop and maintain business relationships, influence people, and structure sound credit solutions.
- Ability to perform under stress when confronted with emergency, critical, or unusual situations.
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.