AVP / VP Portfolio Manager (Healthcare Commercial Banking)

Who We Are

At Old Second, you're first! For more than 150 years, Old Second has consistently put businesses and individuals throughout the Chicago area first, and we're only getting started.

With great employees we've grown from a single location in the back of a general store to 50 locations and over $6 billion dollars in assets. At Old Second we embrace values that foster an environment of community and growth. Recently, we've been voted a Forbes Best-In-State Bank for Illinois by our customers. Be a part of something big as we continue our growth story together!

Position Overview

The Healthcare Portfolio Manager is responsible for supporting a HC Banking Team with client portfolio management including : tracking, collecting & monitoring financial data, covenant testing, Term Loan Review preparation and corresponding with clients and outside counsel as appropriate. Regularly interacts with internal Commercial Relationship Managers & Credit teams internal / external business partners, outside attorneys, and closers.

Primary Job Functions

• Builds relationships with customers and prospects to thoroughly evaluate their commercial banking needs. Some focus will be lending with additional emphasis on cross-selling Cash Management products, Retail Banking
• Engages in portfolio and risk management of banking team clients ensuring compliance with bank credit policies and procedures.
• Engages in co-management of client relationships with a focus on client financial analysis.
• Tracks and monitors completion of required covenant testing and annual Term Loan Review preparation via Bank's credit underwriting group.
• Supports the Loan renewal process by collecting and reviewing client financial information to support approvals.

Prepares CAMs with credit oversight.

Secondary Responsibilities :

Minimum Requirements

AVP Level

Internal Applicant s

External Applicants

VP Level

Internal Applicants

External Applicants

Competencies :

Location Details

This position is considered a hybrid role. With management approval, an incumbent may work a combination of remote and onsite work to perform the regular responsibilities of the role. Actual schedule requirements may vary based upon business needs. Onsite work is performed at the Chicago - Wacker location.

Note : Job levels and hiring decisions are based upon both the business needs of the department and the qualifications of the incumbent. In some cases, an incumbent may meet the requirements of an AVP or VP level role but may be hired in at a lower level based upon business needs and staffing dynamics.

Compensation & Benefits

AVP Level :

Base pay : 78,000 - $105,000

Old Second is committed to fair and equitable pay practices. Pay is dependent upon the pay range and the incumbent's knowledge, skills and experience.

VP Level

Base Pay : $95,000 - $135,000

Officer Bonus Eligible : Eligible to participate in the Annual Officer Incentive plan with a target bonus up to 25% of base salary based various performance components.

Benefits : How We Support You - Old Second

Thanks for considering Old Second!