VP Loan Administration Job # 3753
- Full-time
VP Loan Administration
Our bank client is seeking to fill a VP Loan Administration role in the Downers Grove, IL area. The position is responsible for overseeing Commercial Loan Operations, ensuring strong loss-prevention controls, data integrity, and regulatory compliance. This role combines strategic oversight with hands-on leadership and collaboration across the Bank. The opportunity has a generous salary of up to $120K plus generous incentives and a benefits package. (This is not a remote position.)
VP Loan Administration responsibilities include:
- Oversee loan documentation, funding, and post-funding compliance, including enforcement of loan terms.
- Manage collateral services, trailing documents, participations, and tickler systems.
- Provide leadership and guidance to Loan Administration staff, including training, workflow oversight, and performance input.
- Manage loan document imaging and scanning operations, ensuring data accuracy and system integrity.
- Lead and support Credit Administration risk management, ensuring loans are documented, funded, and administered in accordance with approvals and policy.
- Conduct final reviews and approvals for loan booking, construction loan funding, draw requests, interest reserves, and authorizations.
- Act as administrator for LaserPro and Baker Hill Tickler systems, monitoring updates and compliance.
- Oversee real estate tax escrows and annual escrow analyses.
- Serve as a key liaison between Loan Administration and other Bank departments.
- Coordinate and support regulatory exams and internal audits, including preparation of reports and examiner requests.
- Contribute to policy development, documentation of procedures, and continuous improvement initiatives.
- Participate in special projects and bank-wide initiatives as assigned.
You're someone who wants to influence your own development. You're looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.
You also bring the following skills and experience:
- Bachelor's degree or equivalent experience in commercial loan documentation.
- Strong organizational, communication, and leadership skills.
- Proven ability to manage multiple priorities in a deadline-driven environment.
- Advanced computer skills, including LaserPro documentation software.
Email us your current resume along with the position you are considering to resumes@symicorgroup.com