Director of Business Banking - Nutmeg State Financial Credit Union
Rocky Hill, CT
About the Job
Nutmeg State Financial Credit Union has a tremendous opportunity for an experienced Business Banker as the incoming Director to lead and execute strategies to achieve business loan and deposit growth goals established by the organization.
This individual will create an operational soundness of business loans and deposit growth targets while pursuing new business opportunities to expand the credit union’s portfolio. The Director will be a key participant and influencer in strategic meetings while presenting ideas that will lead to developing a valuable membership engagement.
Reporting to the Chief Lending Officer, the incoming leader will monitor the performance of the business banking portfolio, conduct annual reviews, and manage a team of business banking professionals. Partnering with compliance and legal to address any regulatory issues, creating sound business practices will be a critical area of responsibility in this role. Experience in managing relationships with external vendors and service providers, while monitoring vendor performance and reporting any findings to senior leadership.
A bachelor's degree in business, finance, or related field is required; MBA or relevant advanced degree is preferred. A minimum of five to seven years of experience in business banking, with at least two to four years in a leadership role. Experience in contract negotiations and a proven track record of achieving business loan and deposit growth goals is a requirement in this position.
About Nutmeg State Financial Credit Union:
Nutmeg State Financial Credit Union (NSFCU) is a member-owned, not-for-profit financial cooperative headquartered in Rocky Hill, Connecticut. With combined assets of $720 million and over 50,000 members, Nutmeg State Financial Credit Union's core focus is strengthening communities through relationships and providing a sense of belonging. Membership at Nutmeg State Financial Credit Union is open to you if you are a member of the Community Impact Fund, or if you live, work, worship, attend school or volunteer in Hartford County, Middlesex County, Tolland County, New Haven County or the Fairfield County towns of Bridgeport, Shelton, Stratford, Trumbull, Fairfield, Norwalk and Westport, CT. Membership requires a savings (share) account with a $5 minimum balance requirement.
This individual will create an operational soundness of business loans and deposit growth targets while pursuing new business opportunities to expand the credit union’s portfolio. The Director will be a key participant and influencer in strategic meetings while presenting ideas that will lead to developing a valuable membership engagement.
Reporting to the Chief Lending Officer, the incoming leader will monitor the performance of the business banking portfolio, conduct annual reviews, and manage a team of business banking professionals. Partnering with compliance and legal to address any regulatory issues, creating sound business practices will be a critical area of responsibility in this role. Experience in managing relationships with external vendors and service providers, while monitoring vendor performance and reporting any findings to senior leadership.
A bachelor's degree in business, finance, or related field is required; MBA or relevant advanced degree is preferred. A minimum of five to seven years of experience in business banking, with at least two to four years in a leadership role. Experience in contract negotiations and a proven track record of achieving business loan and deposit growth goals is a requirement in this position.
About Nutmeg State Financial Credit Union:
Nutmeg State Financial Credit Union (NSFCU) is a member-owned, not-for-profit financial cooperative headquartered in Rocky Hill, Connecticut. With combined assets of $720 million and over 50,000 members, Nutmeg State Financial Credit Union's core focus is strengthening communities through relationships and providing a sense of belonging. Membership at Nutmeg State Financial Credit Union is open to you if you are a member of the Community Impact Fund, or if you live, work, worship, attend school or volunteer in Hartford County, Middlesex County, Tolland County, New Haven County or the Fairfield County towns of Bridgeport, Shelton, Stratford, Trumbull, Fairfield, Norwalk and Westport, CT. Membership requires a savings (share) account with a $5 minimum balance requirement.
Source : Nutmeg State Financial Credit Union