Vice President SBA Commercial Loan Officer

Devon BankChicago, IL
10d$140,000 - $165,000

About The Position

At Devon Bank, we don’t just accept diversity—we celebrate it, we support it, and we thrive on it for the benefit of our employees, our customers and our community. We provide a welcoming culture that comes from our desire to make diversity, respect and service a priority. We are currently looking for a Vice President SBA Commercial Loan Officer to join our team! What you’ll be doing: In this role, you will identify and meet with clients and prospects seeking commercial loans with a focus on SBA 7(a) and 504 loan programs. You will collect and analyze financial data to determine credit worthiness.

Requirements

  • Bachelor’s degree in business or related field
  • Prior experience as an SBA or C&I Commercial Loan Officer or SBA Commercial Portfolio Manager
  • Knowledge of SBA Lending market including SBA 7(a) and 504 loan programs
  • Credit analysis experience with completion of a formal Credit Training program
  • Proficient in Windows Office applications, Word, Excel and Outlook

Responsibilities

  • Identify new potential commercial loan clients and manage a portfolio of current commercial loan customers
  • Maintain and grow assigned portfolio and customer base
  • Collect documentation and financials for Credit Department and Loan Operations analysis
  • Work with Credit Department on due diligence
  • Present commercial loans to Loan Committee
  • Propose new, renewed and modified credit presentations
  • Maintain close relationships with customers with written communication and in person visits

Benefits

  • Life Insurance, short- and long-term disability fully paid by Devon Bank
  • Medical, Dental, and Vision coverage and 401k with employer match
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