VP Commercial Lending
Marquette Bank•Orland Park, IL
•$125,000 - $135,000
About The Position
Marquette Bank is seeking a Vice President of Commercial Lending to develop and manage commercial banking relationships and a commercial/real estate loan portfolio of $55 million to $95 million. The role includes acquiring new business, structuring, underwriting, and closing commercial real estate loans, and maintaining the existing portfolio. The Vice President is expected to provide high-quality client service, meet profitability targets, and support the bank’s safety and soundness.
Requirements
- Bachelor’s degree in Business, Finance, Economics, or a related field, or formal credit training at a financial institution.
- At least 7 years of experience in commercial lending, including business development and portfolio management.
- Strong verbal and written communication skills.
- Proficiency in commercial real estate financing, banking regulations, and loan documentation.
- Ability to analyze customer borrowing needs and provide tailored solutions.
- Proficiency in Microsoft Excel and Word; familiarity with bank computer systems.
- Strong client relationship-building skills and a results-oriented mindset.
- Ability to travel locally within the Chicago metropolitan area as needed.
Responsibilities
- Develop and manage a commercial/real estate loan portfolio between $55 million and $95 million.
- Meet or exceed annual goals for loans, deposits, services, portfolio management, and non-interest income.
- Build new business relationships through referrals and prospecting.
- Collaborate with departments, particularly retail branches, to promote awareness of commercial loan products.
- Analyze customer needs and identify solutions using the bank’s products and services.
- Review financial data to assess creditworthiness and make recommendations to senior management.
- Negotiate loan terms, including rates, fees, and repayment schedules.
- Monitor the existing loan portfolio, including reviewing overdrafts and conducting site visits as necessary.
- Approve or recommend loan applications within established lending authority and present requests exceeding that authority to the Executive Loan Committee.
- Conduct site inspections for real estate-related loans, including follow-up inspections for construction loans.
- Work with environmental firms, title companies, and legal counsel to facilitate credit requests.
- Participate in department and bank-wide projects and committees as assigned by senior leadership.
- Engage in community activities and contribute to the bank’s CRA initiatives to increase visibility and generate new business.
- Comply with applicable laws, regulations, bank policies, procedures, and risk management responsibilities.
- Perform job-related responsibilities that support departmental and organizational goals.
Benefits
- Health insurance
- Term life and disability insurance
- Generous time off
- 401(k) Salary Savings Plan
- Employee Stock Ownership Plan (ESOP)
- Performance-based incentives, commissions, target bonus, and discretionary bonus may be available depending on eligibility and position.
- Gym subsidy
- Tuition reimbursement
- Community involvement opportunities
- FREE FunRewards checking account
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What This Job Offers
Job Type
Full-time
Career Level
Senior
