Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced today that Mark R. Smith, has joined as Managing Director. He will be responsible for expanding Sterling’s presence with middle market companies in New Jersey and will be based in Paramus, NJ.

Smith brings to Sterling broad commercial banking experience with a focus on the middle market, corporate banking and capital markets, as well as expertise in new business development, strategic planning, and client relationship management.

Smith was formerly Executive Vice President and Head of Capital Markets at Capital One Bank, where he was responsible for establishing and leading the Capital Markets business within the commercial banking division. Prior to joining Capital One, he worked in the commercial banking division of Wachovia Bank, where he led a team of middle market specialists across the Mid-Atlantic region.

“We are really excited to have Mark join our commercial banking team at Sterling,” said Vincent DeLucia, President of Sterling National Bank’s New York/New Jersey Regional Market.  “He has a deep understanding of the commercial banking sector, and years of experience in serving the needs of middle market clients. As we continue to expand across the New York and New Jersey area and deliver new services, Mark’s expertise will help us provide strategic, custom-tailored financial solutions that will help our customers achieve their goals and continue to grow their businesses.”

Smith graduated Magna Cum Laude from Rutgers University with a bachelor’s degree in Economics.  He is an active supporter of the Tri-County Scholarship Fund and Habitat for Humanity.