Job Description

Job Details

Job Location : Northbrook - NORTHBROOK, IL 60062

Position Type : Regular Full-Time

Salary Range : $135,000.00 - $145,000.00 Salary/year

Job Category : VP

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
2. Analyze loan data on new, renewal and existing loans, including data provided by credit bureaus, agent banks, borrowers and Bank credit files
3. Prepare spreadsheets, reports, summaries and opinions for loan officers on new, renewal and existing loans
4. Perform credit inquiries for the Bank as requested
5. Establish, review and update new and existing credit files on a regular basis
6. Provide technical advice and assistance to Relationship Manager as needed
7. Work with Relationship Manager on proposals
8. Prepare loan approval presentations
9. Work with Loan Operations and/or attorneys to generate and review (for accuracy) documents and coordinate loan closings
10. Management of client relationships
11. Negotiate loan extensions and renewals
12. Respond to client inquiries
13. Request and review updated financial and operating information. Confirm or recommend loan grade changes based on analysis performed
14. Covenant compliance testing
15. Update loan files
16. Assist in preparation of Watch Report, Board Reports and other reporting as needed
17. Work with Loan Operations and Deposit Operations to resolve client issues
18. Fund draw requests
19. Work with Treasury Management to meet the clients’ cash management needs
20. Monitor and address past due loans and overdrawn deposit accounts
21. Additional departmental duties
22. Attend department meetings
23. Attend Management Loan Committee and Director’s Loan Committee meetings
24. Attend Bank Officer meetings
25. Review information on market trends in commercial lending
26. Maintain knowledge of underwriting and Loan Policy guidelines
27. Attend training as required
28. Participation in CRA activities
29. Participation in networking events
30. Nonessential Duties
31. 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:

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

Crain’s Chicago Best Places to Work 2018 I 2019 I 2020 I 2021 I 2022 I 2023 I 2024 I 2025

Job Tags

Similar Jobs