Vice President/Commercial Banking Portfolio Management Job Northbrook area,Illinois USA,Finance & Banking

Job Details

Job Location
:
Northbrook - NORTHBROOK, IL 60062

Position Type
:
Regular Full-Time

Salary Range
: $ - $ Salary/year

Job Category
: VP

This position reports to EVP/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 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

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 Power Point
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:

First Bank Chicago is an Equal Opportunity

Employer:

disability/veteran

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Vice President​/Commercial Banking Portfolio Management

Vice President/Commercial Banking Portfolio Management