Vice President/Commercial Banking Portfolio Management

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

1. 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

1. 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

1. Participation in CRA activities

1. Participation in networking events

Nonessential Duties

• Other duties as assigned

Qualifications
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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