Vice PresidentCommercial Banking Portfolio Management

Job Details

Northbrook - NORTHBROOK IL

Regular Full-Time

$135000.00 - $145000.00 Salary / year

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 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

Employment Type : Full-Time

Experience : years

Vacancy : 1

Monthly Salary Salary : 135000 - 145000