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Savers Bank

Community banking services

Vice President Commercial Lender

Full-TimePosted on 10/16/2026
$104k - $171k/yr
Expert
Bachelor's
Southbridge, MA, USA
In Person
Finance & BankingRetail & Commercial Banking

About the job

Requirements
  • A bachelor's degree in a business-related field, or equivalent.
  • Eight or more years of commercial lending experience in Commercial Real Estate and Commercial & Industrial, with a proven track record of successful business development.
  • Strong credit skills and a record of success in attaining and retaining commercial business.
  • Familiarity with commercial lending concepts, practices, and procedures, and the ability to use experience and judgment to plan and accomplish goals.
  • A strong background in analytical skills, lending services, and sales skills.
  • The ability to work collaboratively, communicate verbally and in writing, manage time, and handle multiple responsibilities.
  • The ability to work from an office and travel regularly to meet customers and prospective customers and perform real estate site visits and inspections.
  • The ability to meet the physical demands of the role, including standing, talking, hearing, handling, feeling, or operating objects, tools, or controls, and reaching with hands and arms.
Responsibilities
  • Identify, develop, and cultivate new commercial lending opportunities through networking, referrals, community involvement, and existing customer relationships.
  • Originate and structure Commercial Real Estate and Commercial & Industrial financing solutions, including commercial mortgages, term loans, revolving lines of credit, equipment financing, and other business lending products.
  • Work with business owners, commercial property investors, and other borrowers to understand their financial objectives and recommend appropriate lending solutions.
  • Build and maintain a pipeline of commercial lending opportunities while working toward established loan production and annual net portfolio growth goals.
  • Collaborate with Business Development and Retail Banking teams to identify opportunities for commercial deposits and additional banking relationships.
  • Evaluate borrower financial statements, business plans, cash flow, collateral, and repayment capacity to assess creditworthiness.
  • Analyze commercial real estate transactions, including property cash flow, debt service coverage, loan-to-value considerations, and transaction risk.
  • Assess Commercial & Industrial lending opportunities by analyzing operating cash flow, working capital, leverage, liquidity, and business performance.
  • Work with Credit Analysts and Underwriting to structure credit facilities consistent with the Bank's lending policies and risk appetite.
  • Prepare and present credit proposals to the Loan Committee, including financial analysis, recommended loan structures, and risk mitigation strategies.
  • Coordinate with legal and loan documentation teams to facilitate accurate loan agreements.
  • Maintain responsibility for the ongoing performance, credit quality, and profitability of an assigned commercial loan portfolio.
  • Monitor borrower financial performance, loan covenants, repayment activity, and changing risk conditions.
  • Develop lasting relationships with commercial customers by providing responsive service, thoughtful guidance, and practical financial solutions.
  • Serve as a primary point of contact for commercial borrowers throughout the lending relationship.
  • Collaborate with internal departments to deliver a seamless customer experience and ensure loan processing and client service are coordinated.
  • Represent Savers Bank through community involvement, professional networking, and bank-sponsored events.
  • Maintain compliance with applicable banking regulations, including Know Your Customer, Anti-Money Laundering, and internal credit policies.
  • Assist with Bank development projects and contribute to positive customer and internal relations and a favorable public image for the Bank.
  • Participate in bank-wide initiatives, training, and meetings to stay informed about product offerings and best practices.
  • Attend and participate in community activities and bank events as directed.
  • Perform related administrative or other job-related duties as assigned or directed by managers.

About the company

Savers Bank is a community bank serving individuals and businesses. The company offers deposit products, mortgages, commercial lending, cash-management services, and digital banking. It serves households, property buyers, local businesses, nonprofit organizations, and community partners. Its operating model centers on branch and online banking supported by relationship managers, lenders, operations, risk, and compliance. Teams work across retail banking, mortgage, commercial lending, operations, technology, risk, and customer service. The organization combines community banking expertise with practical delivery for regional customers.

Company Size

N/A

Company Stage

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Total Funding

N/A

Headquarters

Sturbridge, Massachusetts

Founded

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Simplify Jobs

Simplify's Take

What believers are saying

  • June 2026 balance sheet showed $783.2 million assets, $562.3 million deposits, and $2.7 million profit.
  • Management launched a redesigned website and faster account opening, improving acquisition and servicing.
  • The planned online small-business lending portal should accelerate SBA-originations and cross-sell business customers.

What critics are saying

  • Savers faces concentrated Massachusetts exposure; any local loan shock hits a seven-office franchise.
  • Commercial lending specialization raises credit risk if Worcester-area borrowers weaken in 2026.
  • Digital upgrades compete with larger banks; delayed adoption could stall deposit growth and exit value.

What makes Savers Bank unique

  • Savers Co-operative Bank has seven Massachusetts offices and 81 employees, focusing on commercial lending.
  • Its 1910 heritage and mutual savings-bank structure anchor local decision making in Worcester County.
  • Management pairs branch banking with SBA-authorized lending and a new small-business portal.

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Benefits

  • Health Insurance
  • Paid Vacation
  • Paid Sick Leave
  • Paid Holidays
  • Professional Development Budget
  • Flexible Work Hours