At OceanFirst Bank, each one of our employees plays an important role in fulfilling the mission and taking responsibility to execute daily tasks in alignment with our core values. Together we foster an environment of respect, professionalism and diversity that makes OceanFirst a great place to work and do business.
Great benefits include: on-site fitness facility at Red Bank and Toms River headquarter offices, employee perks & discount programs, tuition assistance, incentive compensation program, professional development opportunities, and more! Apply today to #BecomeOceanFirst and make an impact in the local community!
ABOUT YOUR ROLE:
In concert with SCO, directs all facets of construction loan processing from origination to closing. Perform independent analysis for commercial loan requests that are more of a complex nature; evaluate and make recommendation to approve, deny or offer alternative structuring solution; manage the Bank's most complex construction loans. Prepare written analysis and succinctly summarize underlying risk, and recommend risk rating. Identify and document any deviations from the Commercial Loan Policy as appropriate. Review analyses performed by Credit Analyst staff, and, if applicable, incorporate into overall risk assessment. Recommend and approve credit decisions within established authority in conjunction with Credit Officer if applicable. Ensure adherence to all applicable laws, regulations and company guidelines as detailed in the Bank's credit policy. Provide guidance to less seasoned Credit Portfolio Managers and Credit Analyst staff.
WHAT YOU WILL DO:
1. Direct all facets of construction loan processing from origination to closing.
2. Responsible for reviewing and/or negotiating Commercial Real Estate (CRE) loan documents, while protecting the Bank's interest, and providing management of a loan portfolio from the time the loans are approved until pay-off or maturity.
3. Manage the Bank's most complex construction loans. Prepare and manage construction budgets.
4. Partner with customers, attorneys, construction consultants and title company representatives, during all phases of financing and closing. Review third party reports for accuracy and relevant data.
5. Perform efficient and concise detailed analysis and quality underwriting of commercial/construction loan proposals including the most complex loans. Proactively and independently analyze and structure proposals and complete the underwriting and evaluation process. Identify loan structure alternatives and make recommendations on credit decisions. Be the final decision maker on credits within their individual lending authority. Ensure compliance with credit policy and underwriting requirements.
6. Maintain the overall credit quality of the region's loan portfolio by pro-actively identifying the impact of current economic and market trends on the portfolio; take appropriate action to mitigate and control risks. Identify and document any deviation from the Commercial loan policy as appropriate.
7. Discuss and review covenants and overall assessment with reviewers and establish turnaround/delivery requirements. Participate in customer meeting to provide expert analytical counsel and credit perspective.
8. Conduct thorough annual review of current portfolio clients including review of financials, site visits, and assessment of general business information and other factors that would be indicators of risk.
9. Perform analysis of secondary sources of repayment such as collateral; assess the quality and source of collateral marketability in a liquidation scenario.
10. Perform analysis of a guarantor's financial position through a thorough investigation of personal financial statements to develop an understanding of any contingent liabilities, and constructing an estimated personal net cash flow through the thorough investigation of personal tax returns and credit reporting documentation.
11. Prepare comprehensive written analysis for loan proposals including summary of financial statements, cash flow trends, management profiles, business and product cycles, operating performance and appropriate economic and market research.
12. Assign a credit risk rating.
13. Prepare in-depth loan package with detailed analysis and recommendations for presentation to reviewers and/or Management Credit Committee. Attend Management Credit Committee to provide input on overall assessment and answer questions regarding their credit analysis as necessary. May present credits to the Management Credit Committee.
14. In partnership with the Commercial Relationship Managers and Regional Managers, establish and maintain relationships with current and prospective customers. Leverage customer knowledge to proactively identify and recommend opportunities to cross-sell additional loan and non-credit products to clients.
15. Provide guidance to less seasoned Credit Portfolio Managers and credit analyst staff.
16. Ensure compliance of all required documentation and ensure loan terms and conditions adhere to established credit policy and approval. Ensure compliance with applicable federal, state and local laws and regulations, agency guidelines and organization policies.
17. Provide approval authority for commercial loans as specified by Loan Policy. WHAT WE EXPECT OF YOU:
* Considerable knowledge of commercial real estate lending including letters of credit, borrowing base lending, multi-phased construction, and transactions secured by multiple collateral properties.
* Strong technical expertise in closing and loan management functions.
* Demonstrated ability to close commercial real estate loans and manage a commercial real estate loan portfolio.
* Knowledge of commercial real estate finance, law, documentation, accounting and data systems
* Thorough knowledge of commercial lending process including credit evaluation and underwriting expertise with proven success making independent credit assessments. Ability to analyze participation loans and other loans with complex covenant structures.
* Thorough knowledge and understanding of credit approval policy and process with the proven ability to accurately interpret lending policy and apply same to the management of the portfolio.
* Knowledge and understanding of qualitative portfolio analytics and metrics with the ability to utilize automated and manual analytical tools and techniques, including "what-if" scenarios and in-depth projective financial analysis to the most complex lending scenarios.
* Ability to identify and quantify business risks and the key drivers of risk and focus decisions accordingly.
* General understanding of bank's overall portfolio mix, concentration and exposure limits, risk philosophy. Ability to understand client industry and its fit into portfolio parameters
* Thorough knowledge of banking regulations and laws governing commercial lending.
* Strong written and oral communication skills with the ability to effectively communicate financial analysis detail in a clear, concise manner. Confident in the ability to present to senior management and/or Credit Committee as necessary.
* Ability to establish and maintain professional internal partner and external client relationships.
* Demonstrated ability to provide guidance and leadership to less seasoned staff.
* Strong organizational skills with ability to set priorities in a multi-task environment and meet deadlines.
* Demonstrated proficiency with Microsoft Office, with specific capability in Word and Excel.
* Ability to maintain the confidentiality of credit and customer information.
$121k-208k yearly est. 21h ago
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Credit Portfolio Manager II
Oceanfirst Financial Corp 4.5
Oceanfirst Financial Corp job in Toms River, NJ
At OceanFirst Bank, each one of our employees plays an important role in fulfilling the mission and taking responsibility to execute daily tasks in alignment with our core values. Together we foster an environment of respect, professionalism and diversity that makes OceanFirst a great place to work and do business.
Great benefits include: on-site fitness facility at Red Bank and Toms River headquarter offices, employee perks & discount programs, tuition assistance, incentive compensation program, professional development opportunities, and more! Apply today to #BecomeOceanFirst and make an impact in the local community!
ABOUT YOUR ROLE
Perform independent analysis for commercial loan requests for new and existing Commercial Lending relationships that are more of a complex nature; evaluate and make recommendation to approve, deny or offer alternative structuring solution. Monitor an existing Commercial Lending portfolio to ensure timely completion of renewals, annual reviews and modifications as well as timely and accurate risk rating of the portfolio. Prepare written analysis and succinctly summarize underlying risk and recommend risk rating. Identify and document any deviations from the Commercial Loan Policy as appropriate. Review analyses performed by Credit Analyst staff, and, if applicable, incorporate into overall risk assessment. Recommend and approve credit decisions within established authority in conjunction with Credit Officer if applicable. Ensure adherence to all applicable laws, regulations and company guidelines as detailed in the Bank's credit policy. Provide guidance to less seasoned Credit staff.
WHAT YOU WILL DO
1. In partnership with the Commercial Relationship Managers and Regional Managers, ensure underwriting for all renewals, extensions, annual reviews and new requests in their assigned portfolio are completed accurately and timely, as applicable.
2. In partnership with the Commercial Relationship Managers and Regional Managers, establish and maintain relationships with current and prospective customers. Leverage customer knowledge to proactively identify and recommend opportunities to cross-sell additional loan and non-credit products to clients.
3. Monitor reports for the assigned portfolio, if applicable, including maturing loans, financial exceptions, annual reviews, post-closing and documentation exceptions, financial covenants, and past due loans.
4. Perform efficient and concise detailed analysis and quality underwriting of commercial loan proposals including complex loans, for new and existing customers.
5. Proactively and independently analyze and structure proposals and complete the underwriting and evaluation process. Identify loan structure alternatives and make recommendations on credit decisions. Be the final decision maker on credits within their individual lending authority. Ensure compliance with credit policy and underwriting requirements.
6. Demonstrate an understanding of the Bank's overall portfolio mix, concentration and exposure limits, risk philosophy, stress modeling, and other quantitative risk modeling factors that may impact credit decisions,
7. Utilizing automated and manual analytical tools and techniques, perform in-depth projective financial analysis, including "what-if" scenarios that test the reasonableness of the projections provided to the Bank or construct predictive performance when not provided.
8. Maintain the overall credit quality of the region's loan portfolio by pro-actively identifying the impact of current economic and market trends on the portfolio; take appropriate action to mitigate and control risks. Identify and document any deviation from the Commercial loan policy as appropriate.
9. Discuss and review covenants and overall assessment with reviewers and establish turnaround/delivery requirements. Participate in customer meeting to provide expert analytical counsel and credit perspective.
10. Conduct thorough annual review of current portfolio clients including review of financials, site visits, and assessment of general business information and other factors that would be indicators of risk.
11. Perform analysis of secondary sources of repayment such as collateral; assess the quality and source of collateral marketability in a liquidation scenario.
12. Perform analysis of a guarantor's financial position through a thorough investigation of personal financial statements to develop an understanding of any contingent liabilities and constructing an estimated personal net cash flow through the thorough investigation of personal tax returns and credit reporting documentation.
13. Prepare comprehensive written analysis for loan proposals including summary of financial statements, cash flow trends, management profiles, business and product cycles, operating performance and appropriate economic and market research.
14. Assign a credit risk rating.
15. Prepare in-depth loan package with detailed analysis and recommendations for presentation to reviewers and/or Management Credit Committee. Attend Management Credit Committee to provide input on overall assessment and answer questions regarding their credit analysis as necessary. May present credits to the Management Credit Committee.
16. Provide guidance to less seasoned Credit Portfolio Managers and credit analyst staff.
17. Ensure compliance of all required documentation and ensure loan terms and conditions adhere to established credit policy and approval. Ensure compliance with applicable federal, state and local laws and regulations, agency guidelines and organization policies.
18. Provide approval authority for commercial loans as specified by Loan Policy.
WHAT WE EXPECT OF YOU
* Thorough knowledge of commercial lending process including credit evaluation and underwriting expertise with proven success making independent credit assessments. Ability to analyze participation loans and other loans with complex covenant structures.
* Thorough knowledge and understanding of credit approval policy and process with the proven ability to accurately interpret lending policy and apply same to the management of the portfolio.
* Knowledge and understanding of qualitative portfolio analytics and metrics with the ability to utilize automated and manual analytical tools and techniques, including "what-if" scenarios and in-depth projective financial analysis to complex lending scenarios.
* Ability to identify and quantify business risks and the key drivers of risk and focus decisions accordingly.
* General understanding of bank's overall portfolio mix, concentration and exposure limits, risk philosophy. Ability to understand client industry and it's fit into portfolio parameters.
* Thorough knowledge of banking regulations and laws governing commercial lending.
* Strong written and oral communication skills with the ability to effectively communicate financial analysis detail in a clear, concise manner. Confident in the ability to present to senior management and/or Credit Committee as necessary.
* Ability to establish and maintain professional internal partner and external client relationships.
* Ability to provide guidance to less seasoned staff.
* Strong organizational skills with ability to set priorities in a multi-task environment and meet deadlines.
* Demonstrated proficiency with Microsoft Office, with specific capability in Word and Excel.
* Ability to maintain the confidentiality of credit and customer information.
YOUR QUALIFICATIONS
* Bachelor's degree in Business Administration, Finance, Accounting or Economics, or equivalent work experience.
* 7 years of experience in commercial lending environment with 5 years progressively responsible experience in credit evaluation, portfolio risk assessment and underwriting.
INTERNAL AND EXTERNAL CONTACTS
* Internal contacts consist of customers in portfolio and Bank personnel.
* External contacts consist of outside COI's including accountants and attorneys.
WORKING CONDITIONS/PHYSICAL REQUIREMENTS
Office environment. Ability to operate a computer. Ability to communicate in order to exchange simple to complex information with individuals and groups. Ability to travel throughout Bank footprint.
$121k-207k yearly est. 60d+ ago
Debit Card Representative
Oceanfirst Financial Corp 4.5
Oceanfirst Financial Corp job in Toms River, NJ
At OceanFirst Bank, each one of our employees plays an important role in delivering value to our customers and executing daily tasks in accordance with our core values. We recognize that our employees are essential to our success, making OceanFirst a great place to work and do business.
Great benefits include: on-site fitness facility at Red Bank and Toms River headquarter offices, employee perks & discount programs, tuition assistance, incentive compensation program, professional development opportunities, and more! Apply today to #BecomeOceanFirst and make an impact in the local community!
ABOUT YOUR ROLE:
This Debit Card Representative's position responsibilities include ensuring optimum service levels are met, adhering to all operating policies, procedures and regulations for Debit Card processing.
WHAT YOU WILL DO:
* Processes all dispute requests in accordance with Regulation E and the Visa/MasterCard rules.
* Maintains working knowledge of all Visa/MasterCard and Regulation E rule changes, as well as all Fiserv procedural changes.
* Works in conjunction with Security to institute fraud detection and prevention methods.
* Reviews and works the daily reports for Enfact fraud detection program.
* Prepares daily/monthly general ledger reconciliations in accordance with the Bank's proof policy.
* Handles the processing of daily rejected Debit Card items.
* Analyzes disputes for fraud patterns and makes decisions on disputes, determining if it should be written off or have a chargeback submitted.
* Performs entry of Debit Card maintenance.
* Assists internal customers with Debit Card inquiries and provides guidance to branches with ATM out of proof situations.
* May assist with merger reports, conversions, special projects and card reissues associated with the Debit Card.
* Reviews all daily Debit Card reports from Director.
* Prepares daily proof verifying that Fiserv/Data Processor received and posted all Debit Card transactions and ATM files.
* Maintains a working relationship with Fiserv/Data Processor and Visa/MasterCard.
* Attends Fiserv/Data Processor and Visa seminars to stay current with rules governing Debit Card processing.
* Processes return mail of Debit Cards, and all pull card requests.
* Understands compliance with all regulations governing the banking industry, as well as agency guidelines and organization policies.
* Understands the compliance requirements for Bankcard Services to ensure files are maintained in accordance with regulations.
WHAT WE EXPECT OF YOU:
* Working knowledge and understanding of the Debit Card servicing process.
* Knowledge of applicable processing systems such as Fiserv/Premier and Client-Workstation.
* Working knowledge of applicable laws and regulations; staying up to date with any changes.
* Able to communicate clearly and accurately in verbal and written format with the ability to interact in a pleasant and professional manner with internal and external personnel at all levels.
* Solid analytical reasoning along with problem solving skills are required.
* Proficiency in MS Office Suite.
* Attention to detail and thorough follow-up skills.
* Ability to organize time and resources and set priorities to accomplish multiple duties.
YOUR QUALIFICATIONS:
* High school diploma or equivalent required. Some college coursework preferred.
* A minimum of 3-5 years bank experience required, ideally in a position supporting Debit Card processing, or 6+ months OFB Operations or equivalent experience.
INTERNAL AND EXTERNAL CONTACTS:
* Considerable regional and frequent inter-regional contact. Frequent contact with vendors and customers.
WORKING CONDITIONS/PHYSICAL REQUIREMENTS:
Office environment. Ability to operate computer. Ability to communicate in order to exchange simple to complex information with individuals and groups. Ability to travel throughout Bank footprint.
DISCLAIMER: This information describes the general nature and level of work performed by employees in this job. The description is not designed to be a comprehensive inventory of all duties, responsibilities, and qualifications required of employees in this job. Reasonable accommodation may be made to qualified disabled individuals for the performance of essential duties and responsibilities.
$33k-50k yearly est. 7d ago
Senior Compensation Analyst
Oceanfirst Financial Corp 4.5
Oceanfirst Financial Corp job in Red Bank, NJ
At OceanFirst Bank, each one of our employees plays an important role in delivering value to our customers and executing daily tasks in accordance with our core values. We recognize that our employees are essential to our success, making OceanFirst a great place to work and do business.
Great benefits include: on-site fitness facility at Red Bank and Toms River headquarter offices, employee perks & discount programs, tuition assistance, incentive compensation program, professional development opportunities, and more! Apply today to #BecomeOceanFirst and make an impact in the local community!
ABOUT YOUR ROLE:
The Senior Compensation Analyst performs various duties to help ensure current compensation practices are in line with the Bank's compensation philosophy. Responsibilities include the effective development and implementation of compensation programs including annual market benchmarking, annual merit-based increases, short-term incentives, base pay structure administration and other departmental initiatives. The Senior Compensation Analyst's responsibilities include turning data into knowledge, and further analyzing and interpreting trends and results. As a member of the HR Team, this position will also provide ongoing service and support to the entire HR Department, as well as Management and the employee population.
WHAT YOU WILL DO:
1. Assists in the analysis, design, and administration of employer compensation programs, including base pay, incentive pay, and performance management programs.
2. Maintains all s including pay grades, position titles and business structure. Ensures s are written and/or updated according to established format. Maintains centralized electronic library.
3. Maintains/updates salary ranges, job codes, grades, and bonus targets and guidelines; partner with HR Business Partners and HRIS to ensure accuracy of compensation data in ADP.
4. Extracts, analyzes and reports wage and salary information from electronic database systems.
5. Serves as a subject-matter expert on compensation-related projects and provides support to HR colleagues on compensation philosophy, policies, programs, and processes.
6. Participates in applicable salary surveys ensuring accurate and timely data submission. Analyzes salary survey data evaluates market trends and makes recommendations regarding organizational salary adjustments, merit budgets, and structure adjustments (including geographic structures)
7. Identifies and recommends improvements and efficiencies around compensation processes and programs
8. In conjunction with the Assistant Corporate Secretary prepare CD&A and reporting for the annual Proxy.
9. Assists with requests for pay adjustments ensuring requests comply with current compensation policy.
10. Assists in the Annual Budget -- gathering and manipulating data for Bank-wide salary budget and the HR Department budget.
11. Builds a consultative and collaborative relationship with HR Business Partners and business leaders to build understanding and effective delivery of OFB's compensation programs and processes.
12. Provides ongoing job benchmarking, compensation survey assessment and analysis, and competitive market intelligence and insight to Talent Acquisition and HR Business Partners
13. Partners with HR colleagues and internal clients to understand business needs, job requirements, and organizational design to evaluate jobs.
14. Assists in annual audit procedures -- both internal and external.
15. Manages the annual incentive process including tracking employee transfers, salary adjustments, performance scores all integrated into the overall incentive calculation through bonus payment.
16. Manages entire LTI process from annual grant awards, distribution of award agreements, and vesting processes.
17. Tracks Bank's shares available, calculate quarterly dividends and payments post vesting.
18. Manages the annual firmwide Total Compensation Statement process.
19. Prepares and presents analytical analysis on project status and timelines.
20. Ensures overall project quality control from beginning to end.
21. Assists with the automation of manual processes to increase operational efficiency, reduce financial and management reporting risk, and increase financial and management reporting accuracy.
22. Coordinates with vendors if necessary.
WHAT WE EXPECT OF YOU:
* Aptitude for data manipulation and analysis with the capability to translate large amounts of data into insightful information that is consumable at an executive level.
* Strong analytical and technical skills with superior aptitude for numbers.
* Strong technological/computer-based skills. Advanced MS Suite experience required, especially utilization and manipulation of MS Excel.
* Professional writing skills are valuable; position will assist in writing job descriptions.
* Demonstrated ability to work effectively in a team environment, including interaction with senior management and collaboration with peers, is essential to success in this role.
* Excellent interpersonal and influencing skills to establish trust, credibility, and rapport at all levels of the organization
* Ability to handle sensitive and confidential information appropriately.
* Highly detailed and organized.
* Proven ability to handle multiple competing priorities while maintaining attention to detail in a rapidly changing business environment.
* Reliable, dependable and maintains a high degree of flexibility.
YOUR QUALIFICATIONS:
* Bachelor's Degree or equivalent; education in Business Administration, Accounting or Finance preferred.
* 5 to 7 years' experience in related field and/or Accounting or Finance.
* Experience with compensation modeling tools.
* Experience in banking environment is strongly preferred.
INTERNAL AND EXTERNAL CONTACTS:
* Internal contact with all levels within the Bank.
WORKING CONDITIONS/PHYSICAL REQUIREMENTS:
Office environment. Ability to operate computer. Ability to communicate in order to exchange simple to complex information with individuals and groups. Ability to travel throughout Bank footprint.
Search Firms:
OceanFirst Bank N.A., ("the Bank") is not accepting unsolicited assistance from search firms for this employment opportunity. Please, no phone calls or emails. All resumes submitted by search firms to any associate at the Bank via email, the Internet or in any form and/or method without a valid written search agreement in place and formal Talent Acquisition approval for this position will be deemed the sole property of the Bank. No fee will be paid in the event the candidate is hired by the Bank as a result of the referral or through other means.
$86k-120k yearly est. 60d+ ago
Personal Banker
Oceanfirst Financial Corp 4.5
Oceanfirst Financial Corp job in Toms River, NJ
OceanFirst Bank is seeking a new Personal Banker at our Toms River (Hooper Ave), NJ branch! Upon hire, all retail staff will participate in a 2-week personalized and interactive training experience. At OceanFirst Bank, each one of our employees plays an important role in delivering value to our customers and executing daily tasks in accordance with our core values. We recognize that our employees are essential to our success, making OceanFirst a great place to work and do business.
Great benefits include: professional growth opportunities, employee perks & discount programs, tuition assistance program, incentive compensation program, company holidays and paid time off, use of the on-site fitness facilities at Red Bank and Toms River headquarter offices, and more! Apply today to #BecomeOceanFirst and make an impact in the local community!
About Your Role
Accurately process routine financial transactions for banking customers with an emphasis on personalized quality service. Contribute to the growth, profitability, and customer retention of the Branch by meeting sales and service goals and objectives. Assess customer needs and effectively sell appropriate banking products and services. Provide banking services ensuring the highest level of quality service is provided to current and prospective customers.
What You Will Do
* Greets customers warmly and professionally. Utilizing consultative selling and profiling techniques, assists new and existing customers to select appropriate products and services to meet their needs.
* Balances and proves cash drawer and work daily to ensure minimum teller difference and controllable loss performance standards are achieved. Attends to night deposit vault, ATM, ITM, coin machine as needed.
* Daily outbound calling to customers and prospects to promote Bank, Wealth and NEST products and services.
* Meets and exceeds annually, all assigned sales goals for Bank products and referral goals for NEST and digital products.
* Proactively sells all Bank products and services to deepen and preserve relationships, based on customer need.
* Identifies sales opportunities for Debit Cards, Credit Cards, Wealth and Trust services as well as other strategic sales goals as directed by management.
* Solicits new consumer loan applications, processes applications, and closes loans.
* Receives and responds to all customer inquiries concerning Bank services, interacting with all internal departments to ensure customer satisfaction.
* Performs account and record maintenance duties as directed.
* Provides notary services if licensed.
* Processes deposits, withdrawals, loan payments, cashes checks, and all other teller transactions, in accordance with Bank's policy.
* Serves as Branch Supervisor if directed by management.
* Assists with related branch office functions as directed by the Branch Manager.
* Proficient in the migration of customers to the digital channels of the Bank.
* Remains current and applies an understanding on all Bank policies and procedures, to include BSA, attending additional training classes as directed
* Participates in the Branch Incentive Program.
* Ensures compliance with all regulations governing the banking industry, as well as employment and labor laws, agency guidelines and organization policies.
* Manages the compliance requirements for the Retail Branch to ensure files are maintained in accordance with regulations.
* Ensures that all staff members meet compliance and disclosure requirements and are cross trained in all.
What We Expect of You
* Excellent sales and service.
* Strong basic math skills.
* Excellent interpersonal and verbal communication skills and an attention to detail with strong organizational skills and a basic knowledge of opening new accounts, i.e. checking, savings, etc.
* Computer literacy, moderate typing skills and knowledge of standard office equipment, including calculator.
* Working knowledge of bank products, services and software or ability to be trained and quickly learn.
* Mastery of operational Teller aspects.
* Must be able to work flexible schedules in accordance with the needs of the branch.
Your Qualifications
* High school diploma or equivalent is required.
* 2-3 years' experience in a direct customer service capacity, with 1-year prior cash handling, preferably in a retail banking environment, teller related experience preferred.
* Prior experience in sales capacity, preferably in a retail banking environment.
* Valid NMLS Registration required.
Internal and External Contacts
* Internal contact with managers, inter-branch and departmental personnel as well as outside vendors
* External contact with existing customers and prospects of the Bank.
Working Conditions/Physical Requirements
Remain in a stationary position for extended periods of time. Ability to communicate in order to exchange information with individual customers. Ability to travel throughout the company footprint if required. Ability to navigate throughout the branch to facilitate customer requests and meet operational standards. Ability to operate a computer, phone and operationally essential equipment as required. Ability to handle money and position self to transport coin bags and boxes.
$27k-36k yearly est. 7d ago
Teller
Oceanfirst Financial Corp 4.5
Oceanfirst Financial Corp job in Little Egg Harbor, NJ
OceanFirst Bank is seeking a new Teller at our Little Egg Harbor, NJ branch! Upon hire, all retail staff will participate in a 2-week personalized and interactive training experience. At OceanFirst Bank, each one of our employees plays an important role in delivering value to our customers and executing daily tasks in accordance with our core values. We recognize that our employees are essential to our success, making OceanFirst a great place to work and do business.
Great benefits include: professional growth opportunities, employee perks & discount programs, tuition assistance program, incentive compensation program, company holidays and paid time off, use of the on-site fitness facilities at Red Bank and Toms River headquarter offices, and more! Apply today to #BecomeOceanFirst and make an impact in the local community!
About the Role
Accurately process Bank transactions for banking customers with an emphasis on personalized quality service. Refer current and prospective customers to Personal Bankers for specialized services. Contribute to the growth, profitability, and customer retention of the Branch by meeting sales and service goals and objectives.
What You Will Do
* Greets customers warmly and professionally and processes requested transactions accurately to ensure minimum teller difference and controllable loss performance standards are achieved.
* Identifies customer needs to refer to Personal Banker staff, cross-selling the Bank's products and services on a routine basis to meet and exceed referral goals.
* Balances and proves work daily, posting as required, and properly secures related receipts and records. Includes the work of cash drawers, night deposit, vault, ATM and coin machines.
* Processes deposits and withdrawals.
* Cashes checks in accordance with Bank's policy.
* Processes loan payments and other receivables.
* Issues money orders and bank checks.
* Processes payments to various "club" accounts.
* Identifies and refers potential NEST clients to the appropriate source.
* Participates in outbound calling efforts and is reasonably proficient in migrating customers to the digital channels of the Bank.
* Processes incoming mail transactions.
* Answers customer inquiries, received in person or by telephone concerning account information, or refers customer to appropriate branch or Bank area.
* Performs account maintenance activities for active, inactive, and closed savings accounts and/or club accounts.
* Provides records maintenance for signature cards; identification cards; comparable office records, including selected account ledgers, as applicable.
* Remains current and applies an understanding on all Bank policies and procedures, to include BSA, attending additional training classes as directed.
* Participates in the Branch Incentive Program.
What We Expect of You
* Excellent service, interpersonal and communication skills, with the ability to focus on customers' needs promptly in a courteous and professional manner.
* Ability to cross-sell Bank products.
* Detail oriented and highly accurate with the ability to multi-task.
* Basic personal computer user skills and ability to be trained to efficiently operate banking system.
* Strong basic math ability.
* Must be able to work flexible schedules in accordance with the needs of the branch.
Your Qualifications
* High School Diploma or equivalent is required.
* Minimum of 1-year prior cash handling, with previous teller related experience preferred
Internal and External Contacts
* Internal contact with inter-branch personnel.
* External contact with existing business and retail customers.
Working Conditions/Physical Requirements
Remain in a stationary position for extended periods of time. Ability to communicate in order to exchange information with individual customers. Ability to travel throughout the company footprint if required. Ability to navigate throughout the branch to facilitate customer requests and meet operational standards. Ability to operate a computer, phone and operationally essential equipment as required. Ability to handle money and position self to transport coin bags and boxes.
$35k-41k yearly est. 29d ago
Senior Accountant - Management Reporting
Oceanfirst Financial Corp 4.5
Oceanfirst Financial Corp job in Red Bank, NJ
At OceanFirst Bank, each one of our employees plays an important role in delivering value to our customers and executing daily tasks in accordance with our core values. We recognize that our employees are essential to our success, making OceanFirst a great place to work and do business.
Great benefits include: on-site fitness facility at Red Bank and Toms River headquarter offices, employee perks & discount programs, tuition assistance, incentive compensation program, professional development opportunities, and more! Apply today to #BecomeOceanFirst and make an impact in the local community!
ABOUT YOUR ROLE
The Senior Accountant -- Management Reporting assists the Management Reporting Manager to ensure the accuracy and completeness of internal financial reporting in accordance with GAAP, regulatory requirements and internally established accounting policies and practices. Responsibilities include analyzing trends, costs, revenues and financial results and offer interpretation and suggestions on data, resource utilization and assumptions used.
WHAT YOU WILL DO
1. Timely and accurately prepare financial statements in accordance with established accounting policies and practices.
2. Provides management assurance that adequate records and controls are maintained for all assets, liabilities, and transactions according to generally accepted accounting principles.
3. Coordinates the processing of monthly journal entries from various areas of the bank to facilitate reporting period close.
4. Responsible for systematic processing of prepaid, accruals, fixed assets and monthly accounting entries.
5. Acts as resource/support for various assigned bank/general ledger reconciliations and adjustments regarding research issues and questions.
6. Analyzes monthly results including researching unusual activity to ensure accuracy and validity in reporting.
7. Performs variance analysis to prior periods and budget.
8. Assists auditors in their facilitation of audit procedures.
9. Prepares monthly financial board presentation requirements.
10. Prepares monthly federal, state and local tax provision entries
11. Assists external consulting firm with deferred tax calculation and accurate recording of tax transactions related to acquisitions.
12. Performs various accounting record keeping re: equity and tax roll forward and stock transactions.
13. Facilitates and documents the accurate transition of acquired banks' accruals and capitalized assets.
14. Maintains and updates policies and procedures.
WHAT WE EXPECT OF YOU
* Thorough knowledge of current accounting concepts, practices, and procedures, along with very strong analytical and technical skills with superior aptitude for figures.
* Proficiency in MS Office (advanced Excel skills) with a working knowledge of automated financial software packages (experience in Workiva and Prologue general ledger is a plus)
* Relies on operational and strategic experience to plan and accomplish tasks.
* Ability to perform a variety of complicated tasks on an independent basis.
YOUR QUALIFICATIONS
* Bachelor's degree or equivalent with a concentration in Accounting.
* Minimum of 3-6 years of experience in the field or in a related area.
INTERNAL AND EXTERNAL CONTACTS
* Internal contact with department and senior managers on capital expenditures and other projects.
* External contacts are occasional and include brokers and consultants.
WORKING CONDITIONS/PHYSICAL REQUIREMENTS
Office environment. Ability to operate computer. Ability to communicate in order to exchange simple to complex information with individuals and groups. Ability to travel throughout Bank footprint.
For Recruiting Agencies
OceanFirst Bank does not accept agency resumes submitted by third-party vendors unless a valid agreement has been signed and the OceanFirst Bank Talent Acquisition Team has granted authorization for submissions regarding a specified position. Please do not forward resumes to us, OceanFirst Bank employees or any other company location. OceanFirst Bank is not responsible for any fees related to unsolicited resumes.
$63k-83k yearly est. 15d ago
Branch Manager II
Oceanfirst Financial Corp 4.5
Oceanfirst Financial Corp job in Little Egg Harbor, NJ
OceanFirst Bank is seeking a new Branch Manager at our Little Egg Harbor, NJ branch! Upon hire, all retail staff will participate in a 2-week personalized and interactive training experience. At OceanFirst Bank, each one of our employees plays an important role in delivering value to our customers and executing daily tasks in accordance with our core values. We recognize that our employees are essential to our success, making OceanFirst a great place to work and do business.
Great benefits include: professional growth opportunities, employee perks & discount programs, tuition assistance program, incentive compensation program, company holidays and paid time off, use of the on-site fitness facilities at Red Bank and Toms River headquarter offices, and more! Apply today to #BecomeOceanFirst and make an impact in the local community!
About the Role
Manage all aspects of the Retail Branch including financial performance, customer satisfaction, and adherence to all regulatory and operation policies and procedures. Develop and implement an annual plan and strategies to increase branch profit, growth, and customer retention, Commit to active involvement in local community organizations. Provide leadership to Branch staff in the execution of branch growth plan.
What You Will Do
* Develop and implement growth plans and strategies to achieve sales, productivity, financial growth, customer service, and community goals in conjunction with Regional management.
* Provide leadership to branch staff in the successful execution of defined branch goals.
* Coach and counsel platform staff on effective sales techniques to develop new customer relationships and enhance existing customer relationships. Develop and coach teller staff in customer service and effective referral skills.
* Apply a thorough knowledge of the Bank's products and services to the development and enhancement of customer relationships. Partner across business lines to ensure a cohesive market plan to enhance cross-selling of Bank products and services to banking customers.
* Actively market Bank products and services to the community; proactively call on existing and prospective clients to develop new business and to retain or expand existing business.
* Ensure standard operating and security procedures are being followed, adhering to policy and banking regulations, and provide guidance in training of branch staff on operating problems, exceptions, and adjustments.
* Develop and maintain active involvement in the community through participation, and/or Board and/or committee memberships.
* Provide personalized banking services to current and prospective customers, consistently seeking to expand customer relationships and provide the highest level quality customer service.
* Manage branch budget in accordance with company guidelines.
* Recruit, hire, develop, coach, and review performance with appropriate follow-up, on all direct reports.
* Analyzes, prepares, and completes all required daily, weekly, monthly and quarterly reports.
* Travel throughout the company footprint as required.
* Ensures compliance with all regulations governing the banking industry, as well as employment and labor laws, agency guidelines and organization policies.
* Manages the compliance requirements for the Retail Branch to ensure files are maintained in accordance with regulations.
* Ensures that all staff members meet compliance and disclosure requirements and are cross trained in all.
What We Expect of You
* Proven ability to build and retain an effective team and develop, coach, and manage a staff.
* Demonstrated success in a retail sales environment.
* Extensive working knowledge of Branch operations, sales, investment referrals, banking regulations, business development, and thorough understanding of the consumer and small business lending process.
* Expertise interfacing with multiple departments and personnel at various levels.
* Demonstrated excellent written, verbal communication, listening, and interpersonal skills.
* Strong organizational, planning, and problem-solving skills with the ability to manage multiple priorities.
* Demonstrated capability in banking software and Microsoft Office applications.
Your Qualifications
* Bachelor's Degree in Business or related field, or equivalent work experience; additional coursework in banking is preferred.
* Valid NMLS Registration required.
Level II
* 5 years branch banking experience with minimum 3 years branch management experience.
* Responsibility for branch typically up to $100 million in size.
* Participation in a community organization
Working Conditions/Physical Requirements
Office environment. Ability to travel throughout the company footprint. Ability to communicate in order to exchange simple to complex information to individuals and groups. Ability to navigate throughout the branch to facilitate customer requests and meet operational standards. Ability to operate a computer, phone and operationally essential equipment as required.
$52k-73k yearly est. 7d ago
Head Teller
Oceanfirst Financial Corp 4.5
Oceanfirst Financial Corp job in Trenton, NJ
OceanFirst Bank is seeking a new Head Teller at our Trenton (Hamilton Square), NJ branch! Upon hire, all retail staff will participate in a 2-week personalized and interactive training experience. At OceanFirst Bank, each one of our employees plays an important role in fulfilling the mission and taking responsibility to execute daily tasks in alignment with our core values. Together we foster an environment of respect, and professionalism that makes OceanFirst a great place to work and do business.
Great benefits include: professional growth opportunities, employee perks & discount programs, tuition assistance program, incentive compensation program, company holidays and paid time off, use of the on-site fitness facilities at Red Bank and Toms River headquarter offices, and more! Apply today to #BecomeOceanFirst and make an impact in the local community!
About the Role
Provides extraordinary customer care to internal and external customers. Oversees the daily operation of the teller area. In the absence of both the Branch Manager and/or Branch Supervisor, directs other branch personnel.
What You Will Do
* Provides operational supervision and scheduling of teller staff. Ensure adequate lobby and drive-up coverage.
* Provides ongoing product training; assists with enhancing teller cross-selling and follow-up techniques.
* Meet and exceed sales and referral goals annually.
* Knowledgeable in all relevant policies and procedures, especially BSA and those regarding cash handling.
* Manages the sales effort of the tellers.
* Identifies and refers potential investment clients to the appropriate source.
* Ensures adequacy of branch cash and orders accordingly.
* Maintains control and balancing of personal cash drawer.
* Reconciles branch ATM daily.
* Performs monthly cash counts on each teller, branch cash vault.
* Monitors branch video surveillance equipment.
* Oversees Branch Personal Teller Machine proof and control, if applicable.
* Researches and processes credit and debit advises received from correspondent Bank.
* Maintains appropriate control and levels of the Branch Money Order and Teller Check inventory.
* Services as Branch Supervisor if designated by management.
* Participates in outbound calling efforts and is proficient in the migration of customers to the Bank's digital channels.
* Partners with Branch Manager and/or Branch Supervisor to complete end of day tasks and responsibilities.
* Ensures compliance with all regulations governing the banking industry, as well as employment and labor laws, agency guidelines and organization policies.
* Manages the compliance requirements for the Retail Branch to ensure files are maintained in accordance with regulations.
* Ensures that all staff members meet compliance and disclosure requirements and are cross trained in all.
What We Expect of You
* Excellent sales, service, interpersonal and communication skills, with the ability to focus on customer needs promptly in a courteous and professional manner.
* Working knowledge of bank products and services, or ability to be trained and quickly learn the products and services.
* Strong basic math ability.
* Must be detail oriented and highly accurate with the ability to multi-task.
* Computer literacy, basic data entry skills, general knowledge of standard office equipment (e.g. adding machines, calculators, PC) and ATM/ITM's required.
* Must be able to work flexible schedules in accordance with the needs of the branch.
Your Qualifications
* High School Diploma, or the equivalent required.
* Three years of prior teller experience and one year of supervisory experience.
Internal and External Contacts
* Daily contact with customers and department staff; recurrent divisional and inter-divisional contact.
* Occasional contact with equipment vendors.
Working Conditions/Physical Requirements
Remain in a stationary position for extended periods of time. Ability to communicate in order to exchange information with individual customers. Ability to travel throughout the company footprint if required. Ability to navigate throughout the branch to facilitate customer requests and meet operational standards. Ability to operate a computer, phone and operationally essential equipment as required. Ability to handle money and position self to transport coin bags and boxes.
$32k-36k yearly est. 14d ago
Personal Banker
Oceanfirst Bank 4.5
Oceanfirst Bank job in Toms River, NJ
OceanFirst Bank is seeking a new Personal Banker at our Toms River (Hooper Ave), NJ branch! Upon hire, all retail staff will participate in a 2-week personalized and interactive training experience.
At OceanFirst Bank, each one of our employees plays an important role in delivering value to our customers and executing daily tasks in accordance with our core values. We recognize that our employees are essential to our success, making OceanFirst a great place to work and do business.
Great benefits include: professional growth opportunities, employee perks & discount programs, tuition assistance program, incentive compensation program, company holidays and paid time off, use of the on-site fitness facilities at Red Bank and Toms River headquarter offices, and more! Apply today to #BecomeOceanFirst and make an impact in the local community!
About Your Role
Accurately process routine financial transactions for banking customers with an emphasis on personalized quality service. Contribute to the growth, profitability, and customer retention of the Branch by meeting sales and service goals and objectives. Assess customer needs and effectively sell appropriate banking products and services. Provide banking services ensuring the highest level of quality service is provided to current and prospective customers.
What You Will Do
Greets customers warmly and professionally. Utilizing consultative selling and profiling techniques, assists new and existing customers to select appropriate products and services to meet their needs.
Balances and proves cash drawer and work daily to ensure minimum teller difference and controllable loss performance standards are achieved. Attends to night deposit vault, ATM, ITM, coin machine as needed.
Daily outbound calling to customers and prospects to promote Bank, Wealth and NEST products and services.
Meets and exceeds annually, all assigned sales goals for Bank products and referral goals for NEST and digital products.
Proactively sells all Bank products and services to deepen and preserve relationships, based on customer need.
Identifies sales opportunities for Debit Cards, Credit Cards, Wealth and Trust services as well as other strategic sales goals as directed by management.
Solicits new consumer loan applications, processes applications, and closes loans.
Receives and responds to all customer inquiries concerning Bank services, interacting with all internal departments to ensure customer satisfaction.
Performs account and record maintenance duties as directed.
Provides notary services if licensed.
Processes deposits, withdrawals, loan payments, cashes checks, and all other teller transactions, in accordance with Bank's policy.
Serves as Branch Supervisor if directed by management.
Assists with related branch office functions as directed by the Branch Manager.
Proficient in the migration of customers to the digital channels of the Bank.
Remains current and applies an understanding on all Bank policies and procedures, to include BSA, attending additional training classes as directed
Participates in the Branch Incentive Program.
Ensures compliance with all regulations governing the banking industry, as well as employment and labor laws, agency guidelines and organization policies.
Manages the compliance requirements for the Retail Branch to ensure files are maintained in accordance with regulations.
Ensures that all staff members meet compliance and disclosure requirements and are cross trained in all.
$27k-36k yearly est. 21h ago
Senior Compensation Analyst
Oceanfirst Bank 4.5
Oceanfirst Bank job in Toms River, NJ
At OceanFirst Bank, each one of our employees plays an important role in delivering value to our customers and executing daily tasks in accordance with our core values. We recognize that our employees are essential to our success, making OceanFirst a great place to work and do business.
Great benefits include: on-site fitness facility at Red Bank and Toms River headquarter offices, employee perks & discount programs, tuition assistance, incentive compensation program, professional development opportunities, and more! Apply today to #BecomeOceanFirst and make an impact in the local community!
ABOUT YOUR ROLE:
The Senior Compensation Analyst performs various duties to help ensure current compensation practices are in line with the Bank's compensation philosophy. Responsibilities include the effective development and implementation of compensation programs including annual market benchmarking, annual merit-based increases, short-term incentives, base pay structure administration and other departmental initiatives. The Senior Compensation Analyst's responsibilities include turning data into knowledge, and further analyzing and interpreting trends and results. As a member of the HR Team, this position will also provide ongoing service and support to the entire HR Department, as well as Management and the employee population.
WHAT YOU WILL DO:
1. Assists in the analysis, design, and administration of employer compensation programs, including base pay, incentive pay, and performance management programs.
2. Maintains all s including pay grades, position titles and business structure. Ensures s are written and/or updated according to established format. Maintains centralized electronic library.
3. Maintains/updates salary ranges, job codes, grades, and bonus targets and guidelines; partner with HR Business Partners and HRIS to ensure accuracy of compensation data in ADP.
4. Extracts, analyzes and reports wage and salary information from electronic database systems.
5. Serves as a subject-matter expert on compensation-related projects and provides support to HR colleagues on compensation philosophy, policies, programs, and processes.
6. Participates in applicable salary surveys ensuring accurate and timely data submission. Analyzes salary survey data evaluates market trends and makes recommendations regarding organizational salary adjustments, merit budgets, and structure adjustments (including geographic structures)
7. Identifies and recommends improvements and efficiencies around compensation processes and programs
8. In conjunction with the Assistant Corporate Secretary prepare CD&A and reporting for the annual Proxy.
9. Assists with requests for pay adjustments ensuring requests comply with current compensation policy.
10. Assists in the Annual Budget -- gathering and manipulating data for Bank-wide salary budget and the HR Department budget.
11. Builds a consultative and collaborative relationship with HR Business Partners and business leaders to build understanding and effective delivery of OFB's compensation programs and processes.
12. Provides ongoing job benchmarking, compensation survey assessment and analysis, and competitive market intelligence and insight to Talent Acquisition and HR Business Partners
13. Partners with HR colleagues and internal clients to understand business needs, job requirements, and organizational design to evaluate jobs.
14. Assists in annual audit procedures -- both internal and external.
15. Manages the annual incentive process including tracking employee transfers, salary adjustments, performance scores all integrated into the overall incentive calculation through bonus payment.
16. Manages entire LTI process from annual grant awards, distribution of award agreements, and vesting processes.
17. Tracks Bank's shares available, calculate quarterly dividends and payments post vesting.
18. Manages the annual firmwide Total Compensation Statement process.
19. Prepares and presents analytical analysis on project status and timelines.
20. Ensures overall project quality control from beginning to end.
21. Assists with the automation of manual processes to increase operational efficiency, reduce financial and management reporting risk, and increase financial and management reporting accuracy.
22. Coordinates with vendors if necessary.
WHAT WE EXPECT OF YOU:
* Aptitude for data manipulation and analysis with the capability to translate large amounts of data into insightful information that is consumable at an executive level.
* Strong analytical and technical skills with superior aptitude for numbers.
* Strong technological/computer-based skills. Advanced MS Suite experience required, especially utilization and manipulation of MS Excel.
* Professional writing skills are valuable; position will assist in writing job descriptions.
* Demonstrated ability to work effectively in a team environment, including interaction with senior management and collaboration with peers, is essential to success in this role.
* Excellent interpersonal and influencing skills to establish trust, credibility, and rapport at all levels of the organization
* Ability to handle sensitive and confidential information appropriately.
* Highly detailed and organized.
* Proven ability to handle multiple competing priorities while maintaining attention to detail in a rapidly changing business environment.
* Reliable, dependable and maintains a high degree of flexibility.
$86k-120k yearly est. 21h ago
Debit Card Representative
Oceanfirst Bank 4.5
Oceanfirst Bank job in Toms River, NJ
At OceanFirst Bank, each one of our employees plays an important role in delivering value to our customers and executing daily tasks in accordance with our core values. We recognize that our employees are essential to our success, making OceanFirst a great place to work and do business.
Great benefits include: on-site fitness facility at Red Bank and Toms River headquarter offices, employee perks & discount programs, tuition assistance, incentive compensation program, professional development opportunities, and more! Apply today to #BecomeOceanFirst and make an impact in the local community!
ABOUT YOUR ROLE:
This Debit Card Representative's position responsibilities include ensuring optimum service levels are met, adhering to all operating policies, procedures and regulations for Debit Card processing.
WHAT YOU WILL DO:
Processes all dispute requests in accordance with Regulation E and the Visa/MasterCard rules.
Maintains working knowledge of all Visa/MasterCard and Regulation E rule changes, as well as all Fiserv procedural changes.
Works in conjunction with Security to institute fraud detection and prevention methods.
Reviews and works the daily reports for Enfact fraud detection program.
Prepares daily/monthly general ledger reconciliations in accordance with the Bank's proof policy.
Handles the processing of daily rejected Debit Card items.
Analyzes disputes for fraud patterns and makes decisions on disputes, determining if it should be written off or have a chargeback submitted.
Performs entry of Debit Card maintenance.
Assists internal customers with Debit Card inquiries and provides guidance to branches with ATM out of proof situations.
May assist with merger reports, conversions, special projects and card reissues associated with the Debit Card.
Reviews all daily Debit Card reports from Director.
Prepares daily proof verifying that Fiserv/Data Processor received and posted all Debit Card transactions and ATM files.
Maintains a working relationship with Fiserv/Data Processor and Visa/MasterCard.
Attends Fiserv/Data Processor and Visa seminars to stay current with rules governing Debit Card processing.
Processes return mail of Debit Cards, and all pull card requests.
Understands compliance with all regulations governing the banking industry, as well as agency guidelines and organization policies.
Understands the compliance requirements for Bankcard Services to ensure files are maintained in accordance with regulations.
WHAT WE EXPECT OF YOU:
Working knowledge and understanding of the Debit Card servicing process.
Knowledge of applicable processing systems such as Fiserv/Premier and Client-Workstation.
Working knowledge of applicable laws and regulations; staying up to date with any changes.
Able to communicate clearly and accurately in verbal and written format with the ability to interact in a pleasant and professional manner with internal and external personnel at all levels.
Solid analytical reasoning along with problem solving skills are required.
Proficiency in MS Office Suite.
Attention to detail and thorough follow-up skills.
Ability to organize time and resources and set priorities to accomplish multiple duties.
$33k-50k yearly est. 21h ago
Senior Accountant Investments & General Accounting
Oceanfirst Financial Corp 4.5
Oceanfirst Financial Corp job in Red Bank, NJ
At OceanFirst Bank, each one of our employees plays an important role in delivering value to our customers and executing daily tasks in accordance with our core values. We recognize that our employees are essential to our success, making OceanFirst a great place to work and do business.
Great benefits include: on-site fitness facility at Red Bank and Toms River headquarter offices, employee perks & discount programs, tuition assistance, incentive compensation program, professional development opportunities, and more! Apply today to #BecomeOceanFirst and make an impact in the local community!
Looking for a motivated individual who is eager to learn and grow professionally!
ABOUT YOUR ROLE
The Senior Accountant -- Investments & General Accounting position is primarily responsible for accounting for the Company's investment securities, borrowings portfolio, and loan accounting. This position maintains the general ledger for several associated subsidiaries and prepares monthly investment and loan account reconciliations. This position also analyzes balance sheet and income statement variances and trends and assists with the preparation and submission of weekly, quarterly and annual regulatory/external reports.
WHAT YOU WILL DO
* Responsible for the accounting for the purchase, sale, call, and maturity of the bank's MBS, Corporate, Muni, and U.S. Government securities utilizing its investment portfolio accounting system.
* Assists in the monitoring of loan related balance sheet and income statement balances and compliance with generally accepted accounting principles and relevant regulations.
* Prepares monthly adjusting entries and analysis related to the Bank's Loan Portfolio, which includes but is not limited to the sale or contribution of loans to the Bank's REIT Subsidiary.
* Responsible for the accounting for principal and interest (P&I) payments received, the monthly accrual of interest and the amortization/accretion of discounts/premiums on the securities portfolio.
* Obtains monthly pricing of the investment securities and performing the associated mark-to-market accounting entries.
* Boards all new securities on the portfolio accounting system, ensuring the necessary general ledger mapping for entries is correct, and maintaining the necessary pledge, regulatory and SEC coding for reporting purposes.
* Boards all new debt issuances, ensuring the necessary general ledger mapping for entries is correct, and accounting for monthly interest expense accruals and quarterly payments of principal and/or interest.
* Prepares daily, monthly and quarterly bank, general ledger and custodial reconciliations.
* Responsible for quarterly SOX control testing of P&I paydown factors, interest and amortization/accretion amounts, and quarterly investment securities roll forward.
* Maintains the general ledger for the Bank's investment securities and loan general ledger accounts including the preparation of journal entries, bank and general ledger account reconciliations, recording intercompany transactions and the associated eliminations, and analyzes balance sheet and income/expense trends as necessary.
* Monitors, on a daily basis, intercompany balance sheet and income statement balances, identifying, documenting and correcting differences.
* Assists in the preparation of monthly loan reports which are distributed throughout the Bank and used for ALCO, budgeting and strategic planning purposes.
* Assists in researching new or revised accounting and regulatory reporting changes, understanding the impact to the Bank and recommending appropriate changes.
* Assists the internal and external auditors by facilitating their quarterly review and year-end audit procedures.
* Assists in the preparation of weekly, quarterly and annual regulatory reports including the Call Report (FFIEC-041), FR2900, FR2644, FRY-9LP, FRY-9C, FRY-10, FRY-6, U.S. Census Department, HUD reports and other public filings.
* Provides back-up support for other senior accountants in the accounting department.
WHAT WE EXPECT OF YOU
* Knowledge of accounting concepts, practices, and procedures associated with loan accounting and investment securities.
* Experience in preparing bank, general ledger, and off-balance sheet account reconciliations, and researching and clearing reconciling items.
* Proficiency in the MS Office suite of products, primarily Excel, and its analytical, formula, and financial functions (specifically V-Look-ups, Pivot Tables and Sum If formulas)
* Proficiency with a financial services related general ledger and investment portfolio systems, preferably Fiserv Prologue Financials.
* Strong research, analytical, problem solving and communication skills.
* Ability to create ad-hoc reports from the bank's general ledger, investment system, core and data repository systems.
* Ability to work in a team environment as well as independently.
* Ability to work in a fast-paced Accounting environment which has tight deadlines to Senior Management and the Company's regulators including the Federal Reserve, OCC and FDIC.
* Attention to detail, control oriented and time management skills are essential.
YOUR QUALIFICATIONS
* Bachelor's degree with a concentration in finance/accounting or related field.
* Minimum of 4-6 years of experience in accounting, preferably in banking.
* Prior experience with Fiserv products, including Prologue and Premier, and core conversions, strongly preferred.
INTERNAL AND EXTERNAL CONTACTS
* Internal contact with department and senior managers on accounting, finance, investments, borrowings and other related subjects.
* External contacts are occasional, related primarily to regulatory reporting issues and questions and service providers.
WORKING CONDITIONS/PHYSICAL REQUIREMENTS
Ability to operate computer. Ability to communicate in order to exchange simple to complex information with individuals and groups. Ability to travel throughout Bank footprint.
For Recruiting Agencies
OceanFirst Bank does not accept agency resumes submitted by third-party vendors unless a valid agreement has been signed and the OceanFirst Bank Talent Acquisition Team has granted authorization for submissions regarding a specified position. Please do not forward resumes to us, OceanFirst Bank employees or any other company location. OceanFirst Bank is not responsible for any fees related to unsolicited resumes.
$63k-83k yearly est. 60d ago
Branch Manager II
Oceanfirst Financial Corp 4.5
Oceanfirst Financial Corp job in Matawan, NJ
OceanFirst Bank is seeking a new Branch Manager to lead our Matawan, NJ branch location! Upon hire, all retail staff will participate in a 2-week personalized and interactive training experience. At OceanFirst Bank, each one of our employees plays an important role in delivering value to our customers and executing daily tasks in accordance with our core values. We recognize that our employees are essential to our success, making OceanFirst a great place to work and do business.
Great benefits include: professional growth opportunities, employee perks & discount programs, tuition assistance program, incentive compensation program, company holidays and paid time off, use of the on-site fitness facilities at Red Bank and Toms River headquarter offices, and more! Apply today to #BecomeOceanFirst and make an impact in the local community!
About Your Role
Manage all aspects of the Retail Branch including financial performance, customer satisfaction, and adherence to all regulatory and operation policies and procedures. Develop and implement an annual plan and strategies to increase branch profit, growth, and customer retention, Commit to active involvement in local community organizations. Provide leadership to Branch staff in the execution of branch growth plan.
What You Will Do
* Develop and implement growth plans and strategies to achieve sales, productivity, financial growth, customer service, and community goals in conjunction with Regional management.
* Provide leadership to branch staff in the successful execution of defined branch goals.
* Coach and counsel platform staff on effective sales techniques to develop new customer relationships and enhance existing customer relationships. Develop and coach teller staff in customer service and effective referral skills.
* Apply a thorough knowledge of the Bank's products and services to the development and enhancement of customer relationships. Partner across business lines to ensure a cohesive market plan to enhance cross-selling of Bank products and services to banking customers.
* Actively market Bank products and services to the community; proactively call on existing and prospective clients to develop new business and to retain or expand existing business.
* Ensure standard operating and security procedures are being followed, adhering to policy and banking regulations, and provide guidance in training of branch staff on operating problems, exceptions, and adjustments.
* Develop and maintain active involvement in the community through participation, and/or Board and/or committee memberships.
* Provide personalized banking services to current and prospective customers, consistently seeking to expand customer relationships and provide the highest level quality customer service.
* Manage branch budget in accordance with company guidelines.
* Recruit, hire, develop, coach, and review performance with appropriate follow-up, on all direct reports.
* Analyzes, prepares, and completes all required daily, weekly, monthly and quarterly reports.
* Travel throughout the company footprint as required.
* Ensures compliance with all regulations governing the banking industry, as well as employment and labor laws, agency guidelines and organization policies.
* Manages the compliance requirements for the Retail Branch to ensure files are maintained in accordance with regulations.
* Ensures that all staff members meet compliance and disclosure requirements and are cross trained in all.
What We Expect of You
* Proven ability to build and retain an effective team and develop, coach, and manage a staff.
* Demonstrated success in a retail sales environment.
* Extensive working knowledge of Branch operations, sales, investment referrals, banking regulations, business development, and thorough understanding of the consumer and small business lending process.
* Expertise interfacing with multiple departments and personnel at various levels.
* Demonstrated excellent written, verbal communication, listening, and interpersonal skills.
* Strong organizational, planning, and problem-solving skills with the ability to manage multiple priorities.
* Demonstrated capability in banking software and Microsoft Office applications.
Your Qualifications
* Bachelor's Degree in Business or related field, or equivalent work experience; additional coursework in banking is preferred.
* Valid NMLS Registration required.
Level II
* 5 years branch banking experience with minimum 3 years branch management experience.
* Responsibility for branch typically up to $100 million in size.
* Participation in a community organization.
WORKING CONDITIONS/PHYSICAL REQUIREMENTS
Office environment. Ability to travel throughout the company footprint. Ability to communicate in order to exchange simple to complex information to individuals and groups. Ability to navigate throughout the branch to facilitate customer requests and meet operational standards. Ability to operate a computer, phone and operationally essential equipment as required.
$52k-73k yearly est. 32d ago
Head Teller
Oceanfirst Bank 4.5
Oceanfirst Bank job in Trenton, NJ
OceanFirst Bank is seeking a new Head Teller at our Middletown, NJ branch! Upon hire, all retail staff will participate in a 2-week personalized and interactive training experience.
At OceanFirst Bank, each one of our employees plays an important role in fulfilling the mission and taking responsibility to execute daily tasks in alignment with our core values. Together we foster an environment of respect, and professionalism that makes OceanFirst a great place to work and do business.
Great benefits include: professional growth opportunities, employee perks & discount programs, tuition assistance program, incentive compensation program, company holidays and paid time off, use of the on-site fitness facilities at Red Bank and Toms River headquarter offices, and more! Apply today to #BecomeOceanFirst and make an impact in the local community!
About the Role
Provides extraordinary customer care to internal and external customers. Oversees the daily operation of the teller area. In the absence of both the Branch Manager and/or Branch Supervisor, directs other branch personnel. What You Will Do
Provides operational supervision and scheduling of teller staff. Ensure adequate lobby and drive-up coverage.
Provides ongoing product training; assists with enhancing teller cross-selling and follow-up techniques.
Meet and exceed sales and referral goals annually.
Knowledgeable in all relevant policies and procedures, especially BSA and those regarding cash handling.
Manages the sales effort of the tellers.
Identifies and refers potential investment clients to the appropriate source.
Ensures adequacy of branch cash and orders accordingly.
Maintains control and balancing of personal cash drawer.
Reconciles branch ATM daily.
Performs monthly cash counts on each teller, branch cash vault.
Monitors branch video surveillance equipment.
Oversees Branch Personal Teller Machine proof and control, if applicable.
Researches and processes credit and debit advises received from correspondent Bank.
Maintains appropriate control and levels of the Branch Money Order and Teller Check inventory.
Services as Branch Supervisor if designated by management.
Participates in outbound calling efforts and is proficient in the migration of customers to the Bank's digital channels.
Partners with Branch Manager and/or Branch Supervisor to complete end of day tasks and responsibilities.
Ensures compliance with all regulations governing the banking industry, as well as employment and labor laws, agency guidelines and organization policies.
Manages the compliance requirements for the Retail Branch to ensure files are maintained in accordance with regulations.
Ensures that all staff members meet compliance and disclosure requirements and are cross trained in all.
$32k-36k yearly est. 21h ago
Senior Compensation Analyst
Oceanfirst Financial Corp 4.5
Oceanfirst Financial Corp job in Toms River, NJ
At OceanFirst Bank, each one of our employees plays an important role in delivering value to our customers and executing daily tasks in accordance with our core values. We recognize that our employees are essential to our success, making OceanFirst a great place to work and do business.
Great benefits include: on-site fitness facility at Red Bank and Toms River headquarter offices, employee perks & discount programs, tuition assistance, incentive compensation program, professional development opportunities, and more! Apply today to #BecomeOceanFirst and make an impact in the local community!
ABOUT YOUR ROLE:
The Senior Compensation Analyst performs various duties to help ensure current compensation practices are in line with the Bank's compensation philosophy. Responsibilities include the effective development and implementation of compensation programs including annual market benchmarking, annual merit-based increases, short-term incentives, base pay structure administration and other departmental initiatives. The Senior Compensation Analyst's responsibilities include turning data into knowledge, and further analyzing and interpreting trends and results. As a member of the HR Team, this position will also provide ongoing service and support to the entire HR Department, as well as Management and the employee population.
WHAT YOU WILL DO:
1. Assists in the analysis, design, and administration of employer compensation programs, including base pay, incentive pay, and performance management programs.
2. Maintains all s including pay grades, position titles and business structure. Ensures s are written and/or updated according to established format. Maintains centralized electronic library.
3. Maintains/updates salary ranges, job codes, grades, and bonus targets and guidelines; partner with HR Business Partners and HRIS to ensure accuracy of compensation data in ADP.
4. Extracts, analyzes and reports wage and salary information from electronic database systems.
5. Serves as a subject-matter expert on compensation-related projects and provides support to HR colleagues on compensation philosophy, policies, programs, and processes.
6. Participates in applicable salary surveys ensuring accurate and timely data submission. Analyzes salary survey data evaluates market trends and makes recommendations regarding organizational salary adjustments, merit budgets, and structure adjustments (including geographic structures)
7. Identifies and recommends improvements and efficiencies around compensation processes and programs
8. In conjunction with the Assistant Corporate Secretary prepare CD&A and reporting for the annual Proxy.
9. Assists with requests for pay adjustments ensuring requests comply with current compensation policy.
10. Assists in the Annual Budget -- gathering and manipulating data for Bank-wide salary budget and the HR Department budget.
11. Builds a consultative and collaborative relationship with HR Business Partners and business leaders to build understanding and effective delivery of OFB's compensation programs and processes.
12. Provides ongoing job benchmarking, compensation survey assessment and analysis, and competitive market intelligence and insight to Talent Acquisition and HR Business Partners
13. Partners with HR colleagues and internal clients to understand business needs, job requirements, and organizational design to evaluate jobs.
14. Assists in annual audit procedures -- both internal and external.
15. Manages the annual incentive process including tracking employee transfers, salary adjustments, performance scores all integrated into the overall incentive calculation through bonus payment.
16. Manages entire LTI process from annual grant awards, distribution of award agreements, and vesting processes.
17. Tracks Bank's shares available, calculate quarterly dividends and payments post vesting.
18. Manages the annual firmwide Total Compensation Statement process.
19. Prepares and presents analytical analysis on project status and timelines.
20. Ensures overall project quality control from beginning to end.
21. Assists with the automation of manual processes to increase operational efficiency, reduce financial and management reporting risk, and increase financial and management reporting accuracy.
22. Coordinates with vendors if necessary.
WHAT WE EXPECT OF YOU:
* Aptitude for data manipulation and analysis with the capability to translate large amounts of data into insightful information that is consumable at an executive level.
* Strong analytical and technical skills with superior aptitude for numbers.
* Strong technological/computer-based skills. Advanced MS Suite experience required, especially utilization and manipulation of MS Excel.
* Professional writing skills are valuable; position will assist in writing job descriptions.
* Demonstrated ability to work effectively in a team environment, including interaction with senior management and collaboration with peers, is essential to success in this role.
* Excellent interpersonal and influencing skills to establish trust, credibility, and rapport at all levels of the organization
* Ability to handle sensitive and confidential information appropriately.
* Highly detailed and organized.
* Proven ability to handle multiple competing priorities while maintaining attention to detail in a rapidly changing business environment.
* Reliable, dependable and maintains a high degree of flexibility.
YOUR QUALIFICATIONS:
* Bachelor's Degree or equivalent; education in Business Administration, Accounting or Finance preferred.
* 5 to 7 years' experience in related field and/or Accounting or Finance.
* Experience with compensation modeling tools.
* Experience in banking environment is strongly preferred.
INTERNAL AND EXTERNAL CONTACTS:
* Internal contact with all levels within the Bank.
WORKING CONDITIONS/PHYSICAL REQUIREMENTS:
Office environment. Ability to operate computer. Ability to communicate in order to exchange simple to complex information with individuals and groups. Ability to travel throughout Bank footprint.
Search Firms:
OceanFirst Bank N.A., ("the Bank") is not accepting unsolicited assistance from search firms for this employment opportunity. Please, no phone calls or emails. All resumes submitted by search firms to any associate at the Bank via email, the Internet or in any form and/or method without a valid written search agreement in place and formal Talent Acquisition approval for this position will be deemed the sole property of the Bank. No fee will be paid in the event the candidate is hired by the Bank as a result of the referral or through other means.
$86k-120k yearly est. 60d+ ago
Teller
Oceanfirst Financial Corp 4.5
Oceanfirst Financial Corp job in Linwood, NJ
OceanFirst Bank is seeking a new Full Time Teller at our Linwood, NJ branch! Upon hire, all retail staff will participate in a 2-week personalized and interactive training experience. At OceanFirst Bank, each one of our employees plays an important role in delivering value to our customers and executing daily tasks in accordance with our core values. We recognize that our employees are essential to our success, making OceanFirst a great place to work and do business.
Great benefits include: professional growth opportunities, employee perks & discount programs, tuition assistance program, incentive compensation program, company holidays and paid time off, use of the on-site fitness facilities at Red Bank and Toms River headquarter offices, and more! Apply today to #BecomeOceanFirst and make an impact in the local community!
PRIMARY PURPOSE:
Accurately process Bank transactions for banking customers with an emphasis on personalized quality service. Refer current and prospective customers to Personal Bankers for specialized services. Contribute to the growth, profitability, and customer retention of the Branch by meeting sales and service goals and objectives.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
* Greets customers warmly and professionally and processes requested transactions accurately to ensure minimum teller difference and controllable loss performance standards are achieved.
* Identifies customer needs to refer to Personal Banker staff, cross-selling the Bank's products and services on a routine basis to meet and exceed referral goals.
* Balances and proves work daily, posting as required, and properly secures related receipts and records. Includes the work of cash drawers, night deposit, vault, ATM and coin machines.
* Processes deposits and withdrawals.
* Cashes checks in accordance with Bank's policy.
* Processes loan payments and other receivables.
* Issues money orders and bank checks.
* Processes payments to various "club" accounts.
* Identifies and refers potential NEST clients to the appropriate source.
* Participates in outbound calling efforts and is reasonably proficient in migrating customers to the digital channels of the Bank.
* Processes incoming mail transactions.
* Answers customer inquiries, received in person or by telephone concerning account information, or refers customer to appropriate branch or Bank area.
* Performs account maintenance activities for active, inactive, and closed savings accounts and/or club accounts.
* Provides records maintenance for signature cards; identification cards; comparable office records, including selected account ledgers, as applicable.
* Remains current and applies an understanding on all Bank policies and procedures, to include BSA, attending additional training classes as directed.
* Participates in the Branch Incentive Program.
JOB SPECIFICATIONS:
Knowledge, Skills & Abilities
* Excellent service, interpersonal and communication skills, with the ability to focus on customers' needs promptly in a courteous and professional manner.
* Ability to cross-sell Bank products.
* Detail oriented and highly accurate with the ability to multi-task.
* Basic personal computer user skills and ability to be trained to efficiently operate banking system.
* Strong basic math ability.
* Must be able to work flexible schedules in accordance with the needs of the branch.
Experience & Education
* High School Diploma or equivalent is required.
* Minimum of 1-year prior cash handling, with previous teller related experience preferred.
Internal and External Contacts
* Internal contact with inter-branch personnel.
* External contact with existing business and retail customers.
Working Conditions/Physical Requirements
Remain in a stationary position for extended periods of time. Ability to communicate in order to exchange information with individual customers. Ability to travel throughout the company footprint if required. Ability to navigate throughout the branch to facilitate customer requests and meet operational standards. Ability to operate a computer, phone and operationally essential equipment as required. Ability to handle money and position self to transport coin bags and boxes.
$35k-41k yearly est. 8d ago
Senior Accountant Investments & General Accounting
Oceanfirst Bank 4.5
Oceanfirst Bank job in Red Bank, NJ
At OceanFirst Bank, each one of our employees plays an important role in delivering value to our customers and executing daily tasks in accordance with our core values. We recognize that our employees are essential to our success, making OceanFirst a great place to work and do business.
Great benefits include: on-site fitness facility at Red Bank and Toms River headquarter offices, employee perks & discount programs, tuition assistance, incentive compensation program, professional development opportunities, and more! Apply today to #BecomeOceanFirst and make an impact in the local community!
Looking for a motivated individual who is eager to learn and grow professionally!
ABOUT YOUR ROLE
The Senior Accountant -- Investments & General Accounting position is primarily responsible for accounting for the Company's investment securities, borrowings portfolio, and loan accounting. This position maintains the general ledger for several associated subsidiaries and prepares monthly investment and loan account reconciliations. This position also analyzes balance sheet and income statement variances and trends and assists with the preparation and submission of weekly, quarterly and annual regulatory/external reports.
WHAT YOU WILL DO
Responsible for the accounting for the purchase, sale, call, and maturity of the bank's MBS, Corporate, Muni, and U.S. Government securities utilizing its investment portfolio accounting system.
Assists in the monitoring of loan related balance sheet and income statement balances and compliance with generally accepted accounting principles and relevant regulations.
Prepares monthly adjusting entries and analysis related to the Bank's Loan Portfolio, which includes but is not limited to the sale or contribution of loans to the Bank's REIT Subsidiary.
Responsible for the accounting for principal and interest (P&I) payments received, the monthly accrual of interest and the amortization/accretion of discounts/premiums on the securities portfolio.
Obtains monthly pricing of the investment securities and performing the associated mark-to-market accounting entries.
Boards all new securities on the portfolio accounting system, ensuring the necessary general ledger mapping for entries is correct, and maintaining the necessary pledge, regulatory and SEC coding for reporting purposes.
Boards all new debt issuances, ensuring the necessary general ledger mapping for entries is correct, and accounting for monthly interest expense accruals and quarterly payments of principal and/or interest.
Prepares daily, monthly and quarterly bank, general ledger and custodial reconciliations.
Responsible for quarterly SOX control testing of P&I paydown factors, interest and amortization/accretion amounts, and quarterly investment securities roll forward.
Maintains the general ledger for the Bank's investment securities and loan general ledger accounts including the preparation of journal entries, bank and general ledger account reconciliations, recording intercompany transactions and the associated eliminations, and analyzes balance sheet and income/expense trends as necessary.
Monitors, on a daily basis, intercompany balance sheet and income statement balances, identifying, documenting and correcting differences.
Assists in the preparation of monthly loan reports which are distributed throughout the Bank and used for ALCO, budgeting and strategic planning purposes.
Assists in researching new or revised accounting and regulatory reporting changes, understanding the impact to the Bank and recommending appropriate changes.
Assists the internal and external auditors by facilitating their quarterly review and year-end audit procedures.
Assists in the preparation of weekly, quarterly and annual regulatory reports including the Call Report (FFIEC-041), FR2900, FR2644, FRY-9LP, FRY-9C, FRY-10, FRY-6, U.S. Census Department, HUD reports and other public filings.
Provides back-up support for other senior accountants in the accounting department.
$63k-83k yearly est. 21h ago
Credit Portfolio Manager II
Oceanfirst Bank 4.5
Oceanfirst Bank job in Toms River, NJ
At OceanFirst Bank, each one of our employees plays an important role in fulfilling the mission and taking responsibility to execute daily tasks in alignment with our core values. Together we foster an environment of respect, professionalism and diversity that makes OceanFirst a great place to work and do business.
Great benefits include: on-site fitness facility at Red Bank and Toms River headquarter offices, employee perks & discount programs, tuition assistance, incentive compensation program, professional development opportunities, and more! Apply today to #BecomeOceanFirst and make an impact in the local community!
ABOUT YOUR ROLE
Perform independent analysis for commercial loan requests for new and existing Commercial Lending relationships that are more of a complex nature; evaluate and make recommendation to approve, deny or offer alternative structuring solution. Monitor an existing Commercial Lending portfolio to ensure timely completion of renewals, annual reviews and modifications as well as timely and accurate risk rating of the portfolio. Prepare written analysis and succinctly summarize underlying risk and recommend risk rating. Identify and document any deviations from the Commercial Loan Policy as appropriate. Review analyses performed by Credit Analyst staff, and, if applicable, incorporate into overall risk assessment. Recommend and approve credit decisions within established authority in conjunction with Credit Officer if applicable. Ensure adherence to all applicable laws, regulations and company guidelines as detailed in the Bank's credit policy. Provide guidance to less seasoned Credit staff.
WHAT YOU WILL DO
1. In partnership with the Commercial Relationship Managers and Regional Managers, ensure underwriting for all renewals, extensions, annual reviews and new requests in their assigned portfolio are completed accurately and timely, as applicable.
2. In partnership with the Commercial Relationship Managers and Regional Managers, establish and maintain relationships with current and prospective customers. Leverage customer knowledge to proactively identify and recommend opportunities to cross-sell additional loan and non-credit products to clients.
3. Monitor reports for the assigned portfolio, if applicable, including maturing loans, financial exceptions, annual reviews, post-closing and documentation exceptions, financial covenants, and past due loans.
4. Perform efficient and concise detailed analysis and quality underwriting of commercial loan proposals including complex loans, for new and existing customers.
5. Proactively and independently analyze and structure proposals and complete the underwriting and evaluation process. Identify loan structure alternatives and make recommendations on credit decisions. Be the final decision maker on credits within their individual lending authority. Ensure compliance with credit policy and underwriting requirements.
6. Demonstrate an understanding of the Bank's overall portfolio mix, concentration and exposure limits, risk philosophy, stress modeling, and other quantitative risk modeling factors that may impact credit decisions,
7. Utilizing automated and manual analytical tools and techniques, perform in-depth projective financial analysis, including "what-if" scenarios that test the reasonableness of the projections provided to the Bank or construct predictive performance when not provided.
8. Maintain the overall credit quality of the region's loan portfolio by pro-actively identifying the impact of current economic and market trends on the portfolio; take appropriate action to mitigate and control risks. Identify and document any deviation from the Commercial loan policy as appropriate.
9. Discuss and review covenants and overall assessment with reviewers and establish turnaround/delivery requirements. Participate in customer meeting to provide expert analytical counsel and credit perspective.
10. Conduct thorough annual review of current portfolio clients including review of financials, site visits, and assessment of general business information and other factors that would be indicators of risk.
11. Perform analysis of secondary sources of repayment such as collateral; assess the quality and source of collateral marketability in a liquidation scenario.
12. Perform analysis of a guarantor's financial position through a thorough investigation of personal financial statements to develop an understanding of any contingent liabilities and constructing an estimated personal net cash flow through the thorough investigation of personal tax returns and credit reporting documentation.
13. Prepare comprehensive written analysis for loan proposals including summary of financial statements, cash flow trends, management profiles, business and product cycles, operating performance and appropriate economic and market research.
14. Assign a credit risk rating.
15. Prepare in-depth loan package with detailed analysis and recommendations for presentation to reviewers and/or Management Credit Committee. Attend Management Credit Committee to provide input on overall assessment and answer questions regarding their credit analysis as necessary. May present credits to the Management Credit Committee.
16. Provide guidance to less seasoned Credit Portfolio Managers and credit analyst staff.
17. Ensure compliance of all required documentation and ensure loan terms and conditions adhere to established credit policy and approval. Ensure compliance with applicable federal, state and local laws and regulations, agency guidelines and organization policies.
18. Provide approval authority for commercial loans as specified by Loan Policy.
$121k-207k yearly est. 21h ago
Branch Manager II
Oceanfirst Bank 4.5
Oceanfirst Bank job in Matawan, NJ
OceanFirst Bank is seeking a new Branch Manager to lead our Matawan, NJ branch location! Upon hire, all retail staff will participate in a 2-week personalized and interactive training experience.
At OceanFirst Bank, each one of our employees plays an important role in delivering value to our customers and executing daily tasks in accordance with our core values. We recognize that our employees are essential to our success, making OceanFirst a great place to work and do business.
Great benefits include: professional growth opportunities, employee perks & discount programs, tuition assistance program, incentive compensation program, company holidays and paid time off, use of the on-site fitness facilities at Red Bank and Toms River headquarter offices, and more! Apply today to #BecomeOceanFirst and make an impact in the local community!
About Your Role
Manage all aspects of the Retail Branch including financial performance, customer satisfaction, and adherence to all regulatory and operation policies and procedures. Develop and implement an annual plan and strategies to increase branch profit, growth, and customer retention, Commit to active involvement in local community organizations. Provide leadership to Branch staff in the execution of branch growth plan.
What You Will Do
Develop and implement growth plans and strategies to achieve sales, productivity, financial growth, customer service, and community goals in conjunction with Regional management.
Provide leadership to branch staff in the successful execution of defined branch goals.
Coach and counsel platform staff on effective sales techniques to develop new customer relationships and enhance existing customer relationships. Develop and coach teller staff in customer service and effective referral skills.
Apply a thorough knowledge of the Bank's products and services to the development and enhancement of customer relationships. Partner across business lines to ensure a cohesive market plan to enhance cross-selling of Bank products and services to banking customers.
Actively market Bank products and services to the community; proactively call on existing and prospective clients to develop new business and to retain or expand existing business.
Ensure standard operating and security procedures are being followed, adhering to policy and banking regulations, and provide guidance in training of branch staff on operating problems, exceptions, and adjustments.
Develop and maintain active involvement in the community through participation, and/or Board and/or committee memberships.
Provide personalized banking services to current and prospective customers, consistently seeking to expand customer relationships and provide the highest level quality customer service.
Manage branch budget in accordance with company guidelines.
Recruit, hire, develop, coach, and review performance with appropriate follow-up, on all direct reports.
Analyzes, prepares, and completes all required daily, weekly, monthly and quarterly reports.
Travel throughout the company footprint as required.
Ensures compliance with all regulations governing the banking industry, as well as employment and labor laws, agency guidelines and organization policies.
Manages the compliance requirements for the Retail Branch to ensure files are maintained in accordance with regulations.
Ensures that all staff members meet compliance and disclosure requirements and are cross trained in all.
Zippia gives an in-depth look into the details of OceanFirst Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about OceanFirst Bank. The employee data is based on information from people who have self-reported their past or current employments at OceanFirst Bank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by OceanFirst Bank. The data presented on this page does not represent the view of OceanFirst Bank and its employees or that of Zippia.
OceanFirst Bank may also be known as or be related to OCEANFIRST FINANCIAL CORP, OceanFirst, OceanFirst Bank, OceanFirst Financial Corp, Oceanfirst Bank and Oceanfirst Financial Corp.