Vice President​/Commercial Banking Portfolio Management

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.

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

• Other duties as assigned

• 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 Power Point
• 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

• 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

• 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:

First Bank Chicago is an Equal Opportunity

Employer:

disability/veteran

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