Vice President Sales Lease Finance

Responsible for active business development originating, evaluating, authorizing, recommending for approval and monitoring of leases. Also responsible for developing and maintaining Lease Finance Group existing relationships. Work to identify leases, researching and developing leads along the sales cycle to assist the Lease Finance Group reach yearly budget goals.

Develop a referral network and perform sales activities to develop new relationships with business clients

• Originate, evaluate and recommend approval of lease transactions
• Maintain and participate in professional and community relations to increase the Bank’s visibility and new business opportunities
• Maintain and prepare lending activity reports such as bid and pipeline reports
• Negotiate and analyze new loan requests
• Interview clients and prospects regarding credit and other banking service needs
• Collect and evaluate financial condition, cash flow, repayment capacity, collateral position, etc.
• Oversee loan presentations
• Present approval requests to Loan Committee
• Work with Lease Documentation Officer, Loan Operations and/or attorneys with regard to loan documents

Evaluate and monitor existing loans

• Respond to current client inquiries
• Request updated financial information
• Oversee loan presentations
• Complete compliance related documents as required under Bank Policy

Assist with analysis of Special Assets

• Monitor portfolio for potential problem loans
• Review problem loans
• Attend Special Asset meeting, as necessary

Perform additional duties such as:

• Keep abreast of local and national economic, financial, political and legislative events and climate which could have an impact on commercial lending activity
• Contact clients with past due loans
• Attend Directors Loan Committee meetings as needed
• Attend Management Loan Committee meetings as needed
• Attend Officer meetings
• Review information on market trends for Lease Finance
• Other duties as assigned

• Other duties as assigned

• Strong business development and relationship management skills
• Tact and diplomacy in dealing with clients
• Strong verbal and written communication skills
• Detail oriented
• Ability to multi-task while meeting deadlines
• Strong knowledge of lease credit structuring lending regulations and compliance requirements

• College degree in Finance, Accounting or equivalent related experience
• Minimum 7 years’ experience in banking Industry
• Minimum 5 years’ experience in lease banking/lending
• Formal credit training preferred

Expected Salary Range: $140,000 - $160,000

• 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:

First Bank Chicago is an Equal Opportunity

Employer:

disability/veteran

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