Amalgamated Bank, America’s socially responsible bank, seeks a Commercial Banker to be responsible for deposit and loan origination within the community development sector. The Commercial Banker is responsible for commercial banking growth across all regions to ensure the bank meets its obligations under the Community Reinvestment Act (CRA). Examples include affordable housing and economic development. This role involves identifying and fostering relationships with CDFIs and other community and intermediary finance organizations. The idea candidate will have significant experience in creating best practices for credit underwriting, commercial client needs, offering tailored banking solutions, and driving business growth through strategic initiatives. The candidate will be responsible for understanding and providing guidance on credit policies, have accountability for the bank’s community development loan portfolio, and act as primary point of contact for internal credit presentations and loan reviews. The candidate will work closely with the CRA compliance team to ensure the bank is providing products and services that meet the needs of underserved communities. The candidate will develop and maintain expertise in customer, industry and market conditions that support the development of long-term trusted relationships between Amalgamated Bank’s impact focus area and our partners.
By joining our team, you’ll be joining a Bank that believes that maintaining a diverse and inclusive workplace where everyone feels valued and respected is essential for us to grow as a company. We are dedicated to building a more equitable world in our everyday practices by embracing the values of our employees and customers.
Essential Job Functions
- Develop and implement sales strategies for CRA qualified community development banking products and services that will result in the attainment of assigned goals including year over year loan, deposit, and non-interest income growth.
- Identify, analyze, structure and internally advocate for commercial credit opportunities.
- Execute regional and company-wide sales objectives and goals.
- Work with commercial banking teams across the company to prospect and effectively on-board new clients.
- Work closely with the portfolio management team within the Bank to ensure that existing loans within the assigned portfolio are in compliance.
- Establish and maintain a thorough prospect file and business strategy.
- Keep updated on changes to the banking environment, bank competition, and customer’s business environment.
- Understand the Bank’s treasury management products.
- Adhere to general bank regulatory procedures.
- Perform other duties as directed.
Knowledge, Skills And Experience Requirements
- Bachelor’s degree in business, finance, or a related field
- Minimum of 3 years of commercial credit experience. Formal credit training is a plus.
- Minimum 5+ years in commercial banking and CRA related role
- A strong working knowledge of credit, intermediary lending, underwriting, non-profit accounting, tax credits and CRA qualifications
- Results oriented with strong relationship management and business development skills, with successful track record in coalition building and partnership execution.
- Well-developed analytical, credit and problem-solving skills with knowledge of credit administration, analysis, and credit policy/procedure.
- Excellent verbal/written communication and presentation skills
- Interpersonal and supervisory skills
Our job titles may span more than one career level. The starting base salary for this role is between $130,835 – $145,00.00. The actual base pay is dependent upon many factors, such as: training, transferrable skills, work experience, business needs and market demands. The base pay range is subject to change and may be modified in the future.
Amalgamated Bank is an Equal Opportunity and Affirmative Action Employer, Minorities / Females / Individuals with Disability / Veterans . AmeriCorps, Peace Corps and other national service alumni are encouraged to apply. View our Pay Transparency Statement . Submission of a resume or any information regarding your qualifications does not constitute a promise or offer of employment. At Amalgamated Bank, we consider an applicant to be someone who has interviewed at least once, in person, with the hiring manager. Amalgamated Bank does not sponsor applicants for work visas.
