Belmont Savings Bank

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About Us

Belmont Savings Bank is a $1 billion; full-service community bank dedicated to quality, convenience, and personalized service. The Bank builds on a proud history of financial strength and a tradition of active involvement in the communities we serve.
BSB provides a full range of banking services for individuals, local small businesses, and real estate developers through three full-service offices in Belmont, one full-service office in Watertown, one full-service office in Cambridge, one full- service office in Newton and one full-service office in Waltham.
It is our friendly and customer focused employees who make us who we are. Their commitment to helping our customers and giving back to our communities is how we have been able to remain in business for over 125 years. We employ over 125 colleagues and operate a branch network of six locations in Belmont, Cambridge, Newton, Waltham, and Watertown.
Belmont Savings Bank is an Equal Opportunity Employer.
We offer competitive benefits and programs:
  • Medical Insurance – 3 plan options
  • Dental Insurance
  • Vision Plan
  • 401k - Employer Match and Safe Harbor contribution
  • 100 % paid Life Insurance at 3x annual salary
  • Short Term Disability Insurance
  • 100 % paid Long Term Disability Insurance
  • Incentive Plans
  • Employee Flexible Spending Accounts for medical and dependent care
  • Tuition Reimbursement
  • Stock Ownership program
  • Employee Assistance Program
  • Parking subsidy
  • Paid time off: 11 Holidays, Vacation, Sick and Personal Days

We do not accept unsolicited resumes or applications unless we are recruiting for a specific position.

Qualified candidates should submit their resume and salary requirements to
hr@belmontsavings.com

Banker In-store Branch

 

Summary: Performs a wide variety of sales and customer service functions such as establishing new accounts, products and services and identifying cross-sell opportunities based on client needs in an In-Store branch location.  Consistently ensures service excellence. Participates and supports the business development efforts of the Bank to include outbound calling and any other related initiatives. Assists in any branch related duties as requested, assigned and/or established by Branch Management.

 
Position Requirements:         
  • High school diploma or higher. Minimum of two years of job related experience including banking, customer service and/or sales. Knowledge of bank products, policies and procedures.  Excellent sales skills and customer service skills as well as strong verbal and written communication skills. Must be organized and detail oriented with computer and keyboard skills. Must be flexible with work schedule; will include some Saturdays and evenings.  Incumbents must be able to stand for extended periods of time along with walk the aisles within a supermarket environment.  Attendance at community events during the evening and weekends.
 
Specific Job Functions:

 
  • Understands products offered by the Bank, rates and other pertinent branch banking components
  • Adheres to all Bank policies, procedures and banking regulations
  • Accurately performs a variety of customer service functions; opens new accounts and cross-sells products and services
  • Performs to the expectation of the sales goals assigned
  • Corresponds with customers in-person, via telephone and in writing
  • Participates and supports the business development strategy of the Bank.
  • The Board and Senior Management of Belmont Savings Bank are committed to maintaining an effective compliance management system and establishing a positive climate for regulatory compliance including demonstrating clear and unequivocal expectations about compliance.  It is the expectation of the Board and Senior Management that all colleagues will comply with all applicable regulatory requirements and be held accountable for compliance applicable to their role and position responsibilities.  Non-compliance with applicable regulatory requirements will not be tolerated and may result in further disciplinary action ranging from a written warning up to and including termination of employment.  
  • Assumes additional responsibilities as assigned and/or established by Management
 

Senior Post Closing Administrator

 

Located:  Operations Center – Belmont, MA
Summary:   Performs all posting closing activities and other loan related tasks.  Manages workflow, monitors information input and provides reporting of findings related to post-closing documentation and input errors.
 
Position Requirements:
  • Bachelor’s degree in business, finance or related field or experience commensurate with the same. Four-seven years experience in commercial loan servicing.  Knowledge of the complete commercial and residential loan process with strong loan documentation skills. Knowledge of real estate laws. Excellent verbal and written communications and public relations skills. Computer proficiency. Knowledge of Fiserv loan system a plus.
 
Specific Job Functions:
  • Responsible for all Post-Closing reviews functions, including loan documentation and system input.  Tracks exceptions. Provide timely and accurate responses to customer, colleague and attorney inquiries.
  •  Performs all duties associated with Participation loans including reconciliations, posting and remittances.
  • Performs all duties associated with commercial loans including modifications, file maintenance.
  • Responsible for all escrow related functions including timely disbursement of escrow and all associated compliance.
  • Responsible for quoting and processing payoffs, the timely discharge of collateral and all associated compliance requirements.
  • Acts as back up for Input of all loan types to the Fiserv loan system.
  • Research and resolve servicing issues. 
  • Assume additional responsibilities as may be required.
 

 

 
 

 

Belmont Savings Bank
2 Leonard Street

(Belmont Center)
Belmont MA 02478
617-484-6700
Belmont Savings Bank
277 Trapelo Road

Belmont MA 02478
617-489-6722
Belmont Savings Bank
53 Mount Auburn Street

(Watertown Square)
Watertown MA 02472
617-926-1325
Belmont Savings Bank
1070 Lexington Street

(Inside Shaw's)
Waltham MA 02451
781-899-1801
Belmont Savings Bank
699 Mount Auburn Street

(Inside Star Market)
Cambridge MA 02138
617-993-3750
Belmont Savings Bank
33 Austin Street

(Inside Shaw's)
Newton MA 02460
617-993-3770
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2 Leonard Street, Belmont, MA 02478, 617-484-6700
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