SVP/Commercial Banking Portfolio Management Group Manager

First Bank Chicago•Northbrook, IL

7d•Onsite

About The Position

This position reports to Chief Commercial Banking Officer. The SVP/Commercial Banking Portfolio Management Group Manager is responsible for underwriting and managing complex Commercial – Middle Market, Large Corporate and Franchise loan transactions. This role will oversee the portfolio management of existing borrower relationships, lead portfolio credit administration, and support the growth in commercial loans. The individual will also serve as a subject matter expert in credit skills, credit products, or industries, and 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.