One of New Jersey’s oldest financial institutions recently welcomed a new client relationship manager to its mortgage warehouse lending team.
Provident Bank, the wholly owned subsidiary of Provident Financial Services, Inc., (NYSE:PFS) announced the addition of Mohamed Najam as Vice President, Senior Relationship Manager of Mortgage Warehouse Lending.
Najam will be responsible for developing new and profitable warehouse lending relationships in the Northeast, Mid-Atlantic and Southeast regions, company officials said in a statement. 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,” Provident SVP and Team Leader of Mortgage Warehouse Lending, Thomas Berger said. "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."
Najam brings more than 20 years of experience in mortgage warehouse lending and corporate banking to the role, most recently serving as First Vice President in Flagstar Bank’s warehousing lending division. He 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,” EVP and Head of Commercial Specialty Lending Ron Krauskopf was quoted. “Mohamed will play a critical role in the continued success and growth of the team as we commit to serving this dynamic industry.”
Founded in Jersey City in 1839, Provident Bank has 140 branches across New Jersey, New York, and Pennsylvania, reporting assets of $24.04 billion as of Sept. 30, 2024.
