Ivan Trajkovic of Pompton Plains, NJ, has joined Provident Bank as Vice President, Relationship Manager with the bank’s Asset Based Lending (ABL) group. In this position, he will be responsible for providing working capital solutions to manufacturers, importers/exporters, wholesale distributors, and service and staffing companies with revenues from $20 million to $200 million in the Northern NJ/NY Metro market. In addition, he will work closely with accounting and law firms, investment banks, intermediaries, private equity sponsors, and turnaround specialists to source new business.
“We are excited to add Ivan to Provident’s ABL team. His strong business development skills, extensive knowledge of the northern New Jersey market, and ability to anticipate and understand the needs of fast-growing companies, will greatly enhance our efforts to grow Provident’s ABL portfolio,” said Sharon Bender, Senior Vice President, Director of Asset Based Lending, Provident Bank.
Prior to joining Provident Bank, Trajkovic was a Vice President, Business Development Officer with PNC Business Credit, where he focused his marketing efforts on credit commitments from $10 million to $200 million. He attended William Paterson University and Ramapo College. He is a member of the Commercial Finance Association, the New Jersey Chapter of the Association for Corporate Growth, the New Jersey Chapter of the Turnaround Management Association, and the Garden State Credit Association.
About Provident Bank
Provident Bank, (www.provident.bank) a community-oriented bank offering “Commitment you can count on” since 1839, is the wholly owned subsidiary of Provident Financial Services, Inc. (NYSE:PFS), which reported assets of $9.50 billion as of December 31, 2016. With $6.55 billion in deposits, Provident Bank provides a comprehensive suite of financial products and services through its network of branches throughout northern and central New Jersey and eastern Pennsylvania. The Bank also provides fiduciary and wealth management services through its wholly owned subsidiary, Beacon Trust Company.