Edward Hart
Ballston Spa National Bank
Wilton,NY
19
years of professional experience
Results-driven Senior Vice President with expertise in leading a team of commercial lenders and managing a $135 million portfolio. Contributed to financial performance improvements and served on the structuring committee with legal lending limit approval authority. Demonstrated leadership in business development, financial analysis, and loan structuring, cultivating a strong customer base in Saratoga County and the Capital District.
Work History
Commercial Loan Manager
7 Months- Direct commercial loan staff, ensuring compliance with regulatory standards and institutional policies.
- Evaluated loan applications, assessing creditworthiness and financial stability of borrowers.
- Implemented process improvements, enhancing efficiency in loan processing timelines and customer service.
- Member of management loan committee that reviews all borrowing requests over $750k (Commercial, residential and installment loans)
- Took over management of troubled loan assets acquired during recent merger with National Bank of Coxsackie.
- Focused on growing C&I portfolio with less reliance on CRE and Bank participations.
Senior Vice President
18 Years 6 Months- Promoted from AVP to VP (2006) to SVP, Commercial loan manager (2015).
- Was one of two permanent members on loan committee which had legal lending limit for the bank ($25 Million) In addition, had individual loan authority of $5 Million. Loan committee would review new loans in excess of five hundred thousand for commercial, residential and installment loans.
- Initiated business development and cross-sell activities within bank, resulting in significant growth of commercial loan portfolio and increased income for affiliated insurance company.
- Led strategic initiatives that improved financial performance and increased operational efficiency across departments.
- Developed and implemented loan policy decisions to safeguard bank's assets. Due to my position and having direct loan policy input, the examiners designated my role as a sensitive position holding a higher degree of authority and responsibility across the organization. I was one of twelve employees including our insurance division that was required to take fourteen consecutive days off.
- Mentored, led and coached a team of six commercial lenders with varying degrees of commercial loan experience. The teams focus was on growth (5% net of runoff), credit quality (charge offs less than .005 annually), maintaining net interest margin and no outside loan review initiated downgrades (From external loan review and government examiners)
- Mentored, led and coached a team of six commercial lenders with varying degrees of commercial loan experience. The teams focus was on growth (5% net of runoff), credit quality (charge-offs less than .005 annually), maintaining net interest margin and no outside loan review initiated downgrades (From external loan review and government examiners)
- Developed and implemented loan policy decisions to safeguard the bank's assets. Due to my position and having direct loan policy input, the examiners designated my role as a sensitive position holding a higher degree of authority and responsibility across the organization. I was one of twelve employees including our insurance division that was required to take fourteen consecutive days off.
Education
Bachelor of Science - Economics And Accounting
Skills
Loan underwriting
Loan structuring
Portfolio management
Business development
Financial analysis
Regulatory compliance
Strategic planning
Affiliations
- Pursuit
- Small Business Administration
- Rotary International
- Saratoga Chamber of Commerce
- Saratoga Economic Development Corporation
- Lifeworks
Timeline
Commercial Loan Manager
Ballston Spa National Bank
01.2026 - CurrentRead More
Senior Vice President
The Adirondack Trust Company
07.2007 - 01.2026Read More
The College of Saint Rose
Bachelor of Science from Economics And Accounting
Read More