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First Bank Chicago

Vice President Commercial Banking Portfolio Management

First Bank Chicago, Chicago, Illinois, United States

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First Bank Chicago is seeking a Vice President Talent Management I. This role involves assisting in the origination and underwriting of commercial loan, franchise loan and owner-occupied commercial real estate applications, and managing client relationships. The position also includes evaluating, underwriting and assisting with closing related loans.

Responsibilities

Analyze loan data on new, renewal and existing loans, including data from 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

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

Assist in preparation of Watch Reports, Board Reports and other reporting as needed

Coordinate with Loan Operations and Deposit Operations to resolve client issues

Fund draw requests

Work with Treasury Management to meet clients’ cash management needs

Monitor and address past due loans and overdrawn deposit accounts

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

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

Assist in preparation of Watch Reports, 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

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

Nonessential duties

Other duties as assigned

Knowledge, Skills & Abilities

Detail oriented

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

Base pay range: $135,000.00/yr - $145,000.00/yr

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

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

Note: This description reflects the current role and responsibilities and is subject to change.

Seniorities

Mid-Senior level

Employment type

Full-time

Job function

Finance

Industries: Banking

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