Vice President/Commercial Banking Portfolio Management at BankTalent HQ

Job Details

Job Location: Northbrook - NORTHBROOK, IL

Position Type: Regular Full-Time

Salary Range: $135000.00 - $145000.00 Salary/year

Job Category: VP

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

1. 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
  

1. 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
  

1. Additional departmental duties
   

• Attend department meetings
  

• Attend Management Loan Committee and Director's 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
  

1. Participation in CRA activities
   

1. 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: $135,000 - $145,000 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: https://firstbankchicago.com/Employee-Benefits .

First Bank Chicago is an Equal Opportunity Employer: disability/veteran

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