Vice PresidentCommercial Banking Portfolio Management
Share
Job Location:
Northbrook, IL - USA
Monthly Salary:
$ 135000 - 145000
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Job Details
Description
This position reports toEVP/Commercial Banking Portfolio Management.
Basic Function:
Responsible for assisting in the origination and underwriting of commercial loan franchise loan and owner-occupied commercial real estate applications and responsible for managing client relationships.
Essential Duties
Evaluate underwrite and assist with closing commercial loans franchise loans and owner-occupied commercial real estate loans
Analyze loan data on new renewal and existing loans including data provided by credit bureaus agent banks borrowers and Bank credit files
Prepare spreadsheets reports summaries and opinions for loan officers on new renewal and existing loans
Perform credit inquiries for the Bank as requested
Establish review and update new and existing credit files on a regular basis
Provide technical advice and assistance to Relationship Manager as needed
Work with Relationship Manager on proposals
Prepare loan approval presentations
Work with Loan Operations and/or attorneys to generate and review (for accuracy) documents and coordinate loan closings
Management of client relationships
Negotiate loan extensions and renewals
Respond to client inquiries
Request and review updated financial and operating information. Confirm or recommend loan grade changes based on analysis performed
Covenant compliance testing
Update loan files
Assist in preparation of Watch Report Board Reports and other reporting as needed
Work with Loan Operations and Deposit Operations to resolve client issues
Fund draw requests
Work with Treasury Management to meet the clients cash management needs
Monitor and address past due loans and overdrawn deposit accounts
Additional departmental duties
Attend department meetings
Attend Management Loan Committee and Directors Loan Committee meetings
Attend Bank Officer meetings
Review information on market trends in commercial lending
Maintain knowledge of underwriting and Loan Policy guidelines
Attend training as required
Participation in CRA activities
Participation in networking events
Nonessential Duties
Other duties as assigned
Qualifications
Knowledge Skills & Abilities
Strong verbal and written skills
Detail orientated
Skilled at financial analysis
Knowledge of commercial lending owner-occupied commercial real estate lending loan policy and regulatory requirements
Proficiency in Microsoft Office applications including Excel Word and PowerPoint
Ability to interact with clients in a professional tactful and diplomatic manner
Ability to collaborate with loan officers loan operations and deposit operations to accomplish goals
Ability to multi-task while meeting deadlines
Training & Experience
College degree in Finance Accounting or equivalent related experience
Completion of a credit training program preferably through a bank credit department
Minimum of 7 - 10 years experience in commercial lending preferably with franchise finance and construction lending experience.
Compensation
- Expected Salary Range: $135000 - $145000 annually
- Salary will be negotiated based on relevant skills and experience as well as internal equity and alignment with market data.
Benefits
First Bank Chicago offers a comprehensive benefits package including medical/dental/vision/life insurance; 401(k); paid time off (PTO); and eligibility for an annual bonus. For a complete listing of benefits please visit our website:
First Bank Chicago is an Equal Opportunity Employer: disability/veteran
Crains Chicago Best Places to Work 2018 I 2019 I 2020 I 2021 I 2022 I 2023 I 2024 I 2025
Required Experience:
Exec
Key Skills
- Change Management
- Financial Services
- Growing Experience
- Managed Care
- Management Experience
- Analysis Skills
- Senior Leadership
- Performance Management
- Process Management
- Leadership Experience
- negotiation
- Analytics
