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W
Wegmans
Community Development Relationship Manager
Career Insights for Commercial Relationship Manager
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Based on Pennsylvania data
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What they do
A Commercial Relationship Manager sells financial products to business prospects on behalf of a financial institution or organization. Makes appointments with new businesses and while maintaining relationship with existing clients. Establish new lines of credit and investment accounts for clients and develop prospect lists for additional recruiting.
$134,285 / year median in Pennsylvania
-1% projected decline
Job Description
Community Development Relationship Manager
Indiana, PA
2 DAYS AGO
22656743
Summary
Indiana, PA
In-Person
Competitive Salary
0 Years Experience
Bachelor's degree
No Commission
40.00 hours per week / Day Shift / Full-Time
Description Works to ensure the corporate banking needs of community development business clients are met and serves as their primary corporate banking representative for all Community Development Loan (CDL) and Community Development Investment (CDI) relationships over $1,000,000. Retains and grows a portfolio typically between $50 and $150 million and meets annual goals established by management. Works closely with the CRA Officer to identify geographic and product specific needs are identified and pursues opportunities in alignment with bank CRA needs. Cultivates new business from existing and potential clients and cross-sells in order to meet client needs and deepen relationships. Ensures credit quality standards are executed. Continually strives to build upon knowledge and enhance credit analysis skills. Works to develop Centers of Influence by participating in various community activities. Fosters and develops meaningful relationships with key stakeholders such as identified LIHTC syndicators, nonprofit and/or for profit affordable housing developers, CDFI leaders, quasi-governmental entities (ie Redevelopment & Housing Authorities, Federal Home Loan Banks, Housing Finance Agencies). Essential Job Responsibilities 1. Works to ensure the corporate banking needs of community development business clients are met and serves as their primary corporate banking representative for said relationships. 2. Retains and grows a portfolio typically between $5 and $15 million and meets annual goals established by management. Portfolio size may vary based on length of service and management decisions. 3. Cultivates new business from existing and potential clients and cross-sells in order to meet client needs and deepen relationships. 4. Underwrites or assists with underwriting all Low Income Housing Tax Credit, New Markets Tax Credit, Community Development Financial Institutions, or other community development related instruments. 5. Ensures credit quality standards are executed. Continually strives to build upon knowledge and enhance credit analysis skills. 6. Fosters and develops meaningful relationships with key stakeholders such as identified LIHTC syndicators, nonprofit and/or for profit affordable housing developers, CDFI leaders, quasi-governmental entities (ie Redevelopment & Housing Authorities, Federal Home Loan Banks, Housing Finance Agencies). 7. Provides sales information on a timely basis to be included as part of client service and sales To view the full job description please use the link below.