SVP, Commercial Banking

At VyStar, we offer competitive pay, an excellent benefit package that includes a 401(k) Plan, an extensive paid technical and on-the-job training program, and tuition reimbursement--available to all full and part time employees.  Part time positions start at a minimum of 30 hours per week.

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SVP, Commercial Banking

ACCOUNTABILITY STATEMENT

The Senior Vice President, Commercial Banking has overall responsibility for the leadership and management of all functions and activities within the Commercial Services Department, which consist of:
• Sales and relationship management
• Special assets, troubled debt and delinquency management
• Business deposit growth and quality control
• Business products and services development
• Operational efficiency and profitability
• Leadership of the business services sales team
• Meeting all business plan and budget goals on an on-going basis

This position works with the Information Systems Security Officer and the Chief Risk Officer to support the achievement of VyStar’s enterprise risk program. The incumbent is accountable for continued development and implementation of the Commercial Services strategy across all delivery channels to optimize the member experience and financial benefits, drive financial performance results through loan and deposit growth, meeting all business plan and budget goals, while maximizing profitability and ensuring productivity standards are maintained throughout the department. The SVP, Commercial Banking is accountable for the department’s business loan portfolio quality and origination of business loans, per policy and procedures in compliance with all state and federal regulations through effective risk mitigation practices and sound credit monitoring and report control.

Responsibilities include loan analysis, loan decisioning, portfolio management and servicing, and relationship management, which involves managing a substantial portfolio of business loans, both secured and unsecured, many of which involve large balances and loans deemed Specially Managed Relationships (SMRs). The Small Business Bankers and Business Bankers receive guidance and direction from the incumbent to originate quality loans and achieve or exceed our annual loan goals.

In addition, the SVP, Commercial Banking has oversight for the following:
• Oversee the risk management strategy as it relates to all lending products. This may include identifying potential risks, assessing their potential impact, and developing strategies to reduce the risk of financial loss and meet profitability targets.
• Monitoring and reviewing all lending policies and procedures to ensure that underwriting activities are being completed that align with the credit union credit risk profile. Overseeing relationships with the Internal Audit and Compliance departments to ensure that credit policies are aligned with internal and external expectations.
• Works with regulatory examiners to accurately represent the credit union’s credit risk strategies and governance, while identifying areas of potential risk.
• Partners with the Enterprise Risk Group and Finance to ensure that pricing disciplines correctly reflect risk premium and that lending lines are following established pricing disciplines.
• Responsible for communicating with a variety of individuals and groups, including other members of the credit union’s executive leadership team and Board of Directors, employees, members, vendors, and regulators.
• The responsibilities of the credit risk can be assigned to an individual in another leadership role provided that the individual meets the education and experience requirements.

ESSENTIAL JOB FUNCTIONS

• Provide strategic and tactical direction within VyStar’s Field of Membership (FOM) and at the corporate level regarding all business products and services, compliance and risk management, and delivery processes and procedures.
• Manage a diverse team that includes Business Credit and Servicing Administration; Business Portfolio Management; Business Product and Services; and Small Business Bankers and Business Bankers.
• Provide direct oversight, coaching and strategic guidance to geographically dispersed sales team of Small Business Bankers and Business Bankers.
• Ensure and manage the proper execution and administration of all Business Services operational and credit risk management policies and procedures in compliance with federal and state regulations.
• Provide analysis and recommendations for Allowance for Loan and Lease Losses (ALLL) of general and specific reserves on business loans and lines of credit.
• Manage impaired, downgraded and Troubled Debt Restructure (TDR) loans in coordination with Business Cr