Vice President/Commercial Banking Portfolio Management

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

1. 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 

2.  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 

3. 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 

4. Participation in CRA activities 

5. Participation in networking events 

Nonessential Duties 

• Other duties as assigned 

Knowledge, Skills & Abilities

• 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 

Training & Experience

• 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.  

Compensation

• Expected Salary Range:  $135,000 - $145,000 annually
• Salary will be negotiated based on relevant skills and experience as well as internal equity and alignment with market data.

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.

First Bank Chicago is an Equal Opportunity Employer: disability/veteran

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