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Vice President/Commercial Banking Portfolio Management
Vice President/Commercial Banking Portfolio ManagementBankTalent HQ • Northbrook, IL, United States
Vice President / Commercial Banking Portfolio Management

Vice President / Commercial Banking Portfolio Management

BankTalent HQ • Northbrook, IL, United States
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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

  • 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 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

    Crain's Chicago Best Places to Work 2018 I 2019 I 2020 I 2021 I 2022 I 2023 I 2024 I 2025

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    Vice President/Commercial Banking Portfolio Management • Northbrook, IL, United States