SVP/Commercial Banking Portfolio Management Group Manager

FIRST BANK CHICAGO • Northbrook, IL

8d • $175,000 - $215,000 • Onsite

About The Position

Responsible for underwriting and managing complex Commercial – Middle Market, Large Corporate and Franchise loan transactions. Oversee portfolio management of existing borrower relationships and lead portfolio credit administration and support the growth in commercial loans. Serve as a subject matter expert in credit skills, credit products or industries. Manage a team of credit underwriting professionals.

Requirements

• College degree in Finance, Accounting or equivalent related experience
• 10+ years’ experience in banking industry
• 5+ years’ experience in commercial lending area
• Credit Analysis training
• Microsoft proficiency

Nice To Haves

• CPA or MBA preferred

Responsibilities

• Manage a team of Portfolio Managers (PMs), with varying experience levels, in due diligence, underwriting, loan approval and documentation of new loan transactions, renewals, amendments and oversees ongoing portfolio and client monitoring.
• Supervise the financial analysis and approval requests consistent with Bank credit policy
• Oversee and provides guidance in credit strategy, negotiation of terms and conditions for all new loan transactions and loan renewals including the review of related loan documentation.
• Oversee daily PM responsibilities including ODs, past due loans and coming due loans and amendments are managed timely.
• Supervise all required quarterly and annual reviews, and all outstanding loan ticklers
• Assist in managing Franchise loan policy, and all required credit monitoring procedures
• Supervise PM’s administration for construction loans and remodel loans for Franchise fundings and related new loan closings
• Oversee the management of existing loan portfolio administration and provide Senior Management and Board reporting
• Responsible for managing ongoing requirements for all internal and external audits including compliance with credit policies and procedures, risk rating reviews, covenant monitoring requirements and annual / quarterly reviews.
• Drive process improvements to increase workflow efficiency
• Train and develop new or less experienced PMs and loan administrators

Benefits

• medical/dental/vision/life insurance
• 401(k)
• paid time off (PTO)
• eligibility for an annual bonus

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Associate degree