Provident Bank Expands Mortgage Warehouse Lending Team Adding Vice President to Support Growth Strategy
Provident Bank has appointed Mohamed Najam as Vice President, Senior Relationship Manager for its mortgage warehouse lending team. In his new role, Najam will focus on developing warehouse lending relationships across the Northeast, Mid-Atlantic, and Southeast regions. He brings over 20 years of experience in mortgage warehouse lending and corporate banking, previously serving as First Vice President at Flagstar Bank's warehouse lending division. This strategic hire aims to support Provident's specialty lending business growth while maintaining high-quality customer service standards.
Provident Bank ha nominato Mohamed Najam come Vice Presidente e Senior Relationship Manager per il suo team di prestiti a magazzino. Nel suo nuovo ruolo, Najam si concentrerà sullo sviluppo delle relazioni di prestito a magazzino nelle regioni del Nord-Est, Mid-Atlantic e Sud-Est. Porta con sé oltre 20 anni di esperienza nel settore dei prestiti a magazzino ipotecari e della banca commerciale, avendo precedentemente ricoperto il ruolo di Primo Vice Presidente nella divisione di prestiti a magazzino di Flagstar Bank. Questa assunzione strategica mira a supportare la crescita del business di prestiti specializzati di Provident, mantenendo al contempo elevati standard di servizio al cliente.
Provident Bank ha nombrado a Mohamed Najam como Vicepresidente y Gerente Senior de Relaciones para su equipo de préstamos en almacén hipotecario. En su nuevo rol, Najam se enfocará en desarrollar relaciones de préstamos en almacén en las regiones del Noreste, Atlántico Medio y Sureste. Aporta más de 20 años de experiencia en préstamos hipotecarios en almacén y banca corporativa, habiendo trabajado anteriormente como Primer Vicepresidente en la división de préstamos en almacén de Flagstar Bank. Esta contratación estratégica tiene como objetivo apoyar el crecimiento del negocio de préstamos especializados de Provident, a la vez que se mantienen altos estándares de servicio al cliente.
프라비던트 뱅크는 모하메드 나잠을 주택 담보 대출 창고 대출 팀의 부사장 및 선임 관계 관리자에 임명했습니다. 나잠은 새로운 역할에서 북동부, 중대서부 및 남동부 지역의 창고 대출 관계 개발에 집중할 것입니다. 그는 주택 담보 대출 및 기업 금융 분야에서 20년 이상의 경험을 갖고 있으며, 이전에는 플래그스타 은행의 창고 대출 부문에서 첫 번째 부사장으로 근무했습니다. 이 전략적 채용은 프라비던트의 전문 대출 사업 성장을 지원하는 동시에 질 높은 고객 서비스 기준을 유지하는 것을 목표로 합니다.
Provident Bank a nommé Mohamed Najam au poste de Vice-Président, Responsable Senior des Relations pour son équipe de prêts à entrepôt hypothécaire. Dans son nouveau rôle, Najam se concentrera sur le développement des relations de prêt à entrepôt dans les régions du Nord-Est, du Mid-Atlantic et du Sud-Est. Il apporte plus de 20 ans d'expérience dans le prêt hypothécaire à entrepôt et la banque d'entreprise, ayant précédemment occupé le poste de Premier Vice-Président dans la division des prêts à entrepôt de Flagstar Bank. Ce recrutement stratégique vise à soutenir la croissance de l'activité de prêt spécialisé de Provident tout en maintenant des normes de service client de haute qualité.
Provident Bank hat Mohamed Najam zum Vizepräsidenten und Senior Relationship Manager für sein Team im Bereich der Hypothekenschulden ernannt. In seiner neuen Rolle wird Najam sich darauf konzentrieren, Beziehungen im Bereich der Lagerkredite in den Regionen Nordosten, Mid-Atlantic und Südosten zu entwickeln. Er bringt über 20 Jahre Erfahrung im Bereich der Hypothekenschulden und Unternehmensfinanzierung mit und war zuvor als erster Vizepräsident in der Abteilung für Lagerkredite der Flagstar Bank tätig. Diese strategische Einstellung zielt darauf ab, das Wachstum des spezialisierten Kreditgeschäfts von Provident zu unterstützen und gleichzeitig hohe Standards im Kundenservice aufrechtzuerhalten.
- Strategic expansion of mortgage warehouse lending business
- Addition of experienced senior executive with 20+ years in the industry
- Geographic expansion into Northeast, Mid-Atlantic, and Southeast regions
- None.
ISELIN, N.J., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Provident Bank, a leading New Jersey-based financial institution, is pleased to announce the addition of Mohamed Najam as Vice President, Senior Relationship Manager with the bank’s mortgage warehouse lending team, as the bank continues to bolster its specialty lending business, specifically in the mortgage warehouse space.
Mr. Najam is responsible for developing new and profitable warehouse lending relationships in the Northeast, Mid-Atlantic, and Southeast regions. This includes prospecting for new clients via direct solicitation, centers of influence, existing customers and other referral sources. In addition, he will service and maintain existing relationships, cross sell other banking products and services, as well as manage the overall credit process through underwriting, approval, closing and boarding.
“Mohamed is a seasoned banker with extensive experience in mortgage warehouse lending, business development, asset-based lending, and credit risk management,” said Thomas Berger, Senior Vice President and Team Leader, Mortgage Warehouse Lending. "As we continue to expand our business, the addition of Mohamed to our team ensures that we remain well positioned to grow our portfolio, while providing customers with a best-in-class experience."
Mr. Najam has more than 20 years of experience in mortgage warehouse lending and corporate banking. Most recently, he served as First Vice President with the warehouse lending division at Flagstar Bank. In this role, he was responsible for directing and driving business development and growth, while maintaining and identifying new business relationships. He has also held positions with Santander Bank and Bank of America.
“Talent and customer experience is the key to Provident’s success, Mohamed brings both to our mortgage warehouse platform. Mohamed will play a critical role in the continued success and growth of the team as we commit to serving this dynamic industry,” added Ron Krauskopf, Executive Vice President, Head of Commercial Specialty Lending.
About Provident Bank
Founded in Jersey City in 1839, Provident Bank is the oldest community-focused financial institution based in New Jersey and is the wholly owned subsidiary of Provident Financial Services, Inc. (NYSE:PFS). With assets of
Media Contact:
Keith Buscio
Keith.Buscio@provident.bank
Vested
Providentbank@fullyvested.com
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