Vice President/Commercial Banking Portfolio Management
About The Position
This position reports to EVP/Commercial Banking Portfolio Management. Basic Function: 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. Essential Duties 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
Requirements
- 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
- 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.
Responsibilities
- 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
- 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
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 .
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
