Business Banking Officer

Impact Enhances the profitability, efficiency and profitability of the bank by leading the development and growth of the eCommerce division and digital banking services.
Responsibilities Manages the physical, financial, and human resources at multiple sites within a cluster to meet the service delivery needs of the Bank’s products, services, and programs.
Essential Functions 1.
Strategic Leadership: • Develop and execute a comprehensive business strategy for the E-Commerce Inventory Lending Business in alignment with the overall organizational goals.
• Drive profitable growth through innovative lending solutions and strategic partnerships within the e-commerce sector.
2.
Credit Policy Management: • Establish and enforce credit policies and procedures for the new business line, ensuring compliance with regulatory requirements and industry best practices.
• Collaborate with credit risk management teams to assess and mitigate credit risks effectively.
3.
Regulatory Oversight: • Maintain a deep understanding of relevant financial regulations and ensure the business operations comply with local and international regulatory requirements.
• Build strong relationships with regulatory authorities and oversee the preparation and submission of necessary reports.
4.
Profitability Management: • Develop and implement financial models to optimize profitability while managing risks effectively.
• Monitor key performance indicators and financial metrics to identify opportunities for improvement and growth.
5.
Team Leadership and Development: • Recruit, mentor, and lead a high-performing team, fostering a culture of collaboration, innovation, and continuous improvement.
• Provide guidance and support to team members, promoting their professional development.
Ancillary Functions 1.
Leads and delegates tasks in a clear and proper manner among assigned staff.
2.
Conducts annual performance reviews, providing clear feedback and follow through with corrective action if necessary.
3.
Provides feedback, recognition, motivation and skill development to staff members on a consistent basis.
4.
Communicates clearly among her/his teams, assuring all team members have the appropriate tools and information to perform according to expectations.
5.
Administers personnel policies and procedures, such as time and attendance.
6.
Assures adherence to Bank policies and procedures and federal and state regulatory requirements.
6.
Assures adherence to Bank policies and procedures and federal and state regulatory requirements.
7.
Provides cross-functional support to other areas of the department and the Bank where service or assistance is needed.
8.
Performs tasks which are supportive in nature to the essential functions of the job, but which may be altered or re-designed depending upon individual circumstances.
Mandatory Training Curricula Training is required of all Bank staff as related to regulatory mandated compliance topics and courses required for specific job functions.
Career enhancement training courses are also available.
Please refer to course catalog and management for details.
Competencies (refer to Competencies Library) Skills Proven track record in successfully launching and growing a lending business, preferably in the e-commerce or financial services sector.
In-depth knowledge of credit policies, risk management, and regulatory compliance within the financial industry.
Strong strategic thinking and leadership skills, with the ability to drive results and adapt to changing market dynamics.
Excellent communication and interpersonal skills, with the ability to build and maintain relationships with internal and external stakeholders.
Thorough knowledge of current banking regulations.
Demonstrated management and supervisory skills.
Advanced technical skills, including working knowledge of Microsoft Office software.
Physical Demands The physical and related demands described in this section are representative of those that must be met by an employee to successfully perform the essential functions of this job.
This job is mostly sedentary in nature, but may occasionally involve lifting files and other materials that weigh up to 20 lbs.
Employees in this job must be able to work in an office environment during regular business hours where they come into regular and frequent contact with internal and external customers and other members of the public.
Therefore, employees in this position are expected to have consistently positive interactions with the public.
Education/Training Advanced degree in business, finance, or a related field is preferred.
Experience A minimum of seven (7) years’ related experience normally required.
Salary $172,730 - $233,180