BankTalent HQ
Vice President/Commercial Banking Portfolio Management
BankTalent HQ, Northbrook, Illinois, us, 60065
Overview
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 to EVP/Commercial Banking Portfolio Management.
Essentials Duties / Responsibilities 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.
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
#J-18808-Ljbffr
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 to EVP/Commercial Banking Portfolio Management.
Essentials Duties / Responsibilities 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.
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
#J-18808-Ljbffr