Vice President, Association Banking

Posted 13 hours ago

This is a fully remote position, open to applicants in Illinois, +2 more states.

πŸ“‹ Description

β€’ Identify and develop new business opportunities by providing specialized banking services and products tailored to the Community Association Industry.

β€’ Maintain and enhance relationships with existing clients.

β€’ Conduct cold calls to prospective clients to forge new business connections.

β€’ Deliver sales presentations and communicate banking services through various channels such as email, letters, demonstrations, and discussions.

β€’ Participate in industry trade shows, luncheons, association board meetings, and local events hosted by the Community Association Institute.

β€’ Engage in national events and mandatory sales training that may require travel.

β€’ Advocate for and educate both current and potential clients regarding the Bank's products and services.

β€’ Assist the director in achieving deposit and lending objectives.

β€’ Promote and cross-sell products and services to develop a portfolio of management company deposits.

β€’ Act as a liaison between operations teams and clients, ensuring service quality and resolving issues.

β€’ Review key performance indicators in collaboration with the manager.

β€’ Prepare and submit new client applications while updating existing client records.

β€’ Oversee marketing, entertainment, and advertising expenditures to ensure adherence to budget constraints.

β€’ Execute sales advertisements in trade publications and manage mailing/email campaigns.

β€’ Market and solicit loans to community associations.

β€’ Gather and submit necessary underwriting documentation.


⛳️ Requirements

β€’ Minimum of 3 years of relevant experience.

β€’ High school diploma is mandatory.

β€’ Bachelor's degree in a related area is preferred.

β€’ Intermediate to advanced understanding of general banking operations, including deposit operations, loan administration, treasury management, and/or other commercial banking products and services.

β€’ Intermediate to advanced knowledge of relevant regulatory and legal compliance requirements, rules, regulations, and industry standards.

β€’ Strong intermediate speaking and writing communication skills.

β€’ Willingness to travel up to 75% of the time.

β€’ Capability to work effectively from a home office and during travel.

β€’ Ability to travel within the designated territory and participate in national conferences and mandatory training sessions.


🏝️ Benefits

β€’ Competitive salary packages.

β€’ Opportunity for ownership in the company.

β€’ Comprehensive medical and dental insurance.

β€’ Paid time off.

β€’ 401k matching contributions.

β€’ Tuition assistance program.

β€’ Employee volunteer initiatives.

β€’ Wellness programs.

β€’ Annual bonuses and performance incentives.

β€’ Restricted stock options.

β€’ Remote training and virtual sales meetings.

β€’ Opportunities to enhance business acumen and acquire practical experience.

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