AVP/ VP Commercial Banking

Old Second National Bank; St. Charles (IL); On-site; USD 87,500 - 150,000; Full time

Job summary

Old Second National Bank is seeking a Commercial Banker to grow and manage profitable relationships in the Community Banking to Middle Market segment. The role involves focusing on financial solutions that help clients achieve their goals, while managing a substantial loan portfolio.

Ideal candidates will have an undergraduate degree, experience in commercial banking and a strong track record in business development. This hybrid position allows for flexibility in working locations.

Qualifications

• Three or more years of experience in a commercial banking role.
• Proven track record of successful business deals.
• Ability to develop results-oriented business plans.

Responsibilities

• Build relationships with customers to evaluate their banking needs.
• Prospect for loans in the $1 million–$20 million range.
• Manage a portfolio of $50 million+.

Skills

Relationship management

Credit analysis

Communication

Business planning

Education

Undergraduate degree in Business or related field

Job description

Who We Are

At Old Second, you're first! For more than 150 years, Old Second has consistently put businesses and individuals throughout the Chicago area first, and we're only getting started.

With great employees we've grown from a single location in the back of a general store to 50 locations and over $6 billion dollars in assets. At Old Second we embrace values that foster an environment of community and growth. Recently, we've been voted a Forbes Best-In-State Bank for Illinois by our customers. Be a part of something big as we continue our growth story together!

Position Overview

The Commercial Banker is responsible for growing and retaining profitable relationships with the Community Banking to Middle Market segment, i.e., companies with annual revenues in excess of $10 million. This is accomplished by focusing on the delivery of value-added financial solutions to clients and prospects that will help them reach their goals and maximize the Bank's revenues over the life of the relationship. Incumbents at this level are expected to manage a portfolio of $50 million+ and prospect for loans in the $1 million–$20 million range. This is a lending generalist position, and incumbents are expected to book a minimum of $12 million–$15 million in C&I and Commercial Estate business, with the emphasis on C&I.

Essential Job Functions

• Builds relationships with customers and prospects to thoroughly evaluate their commercial banking needs. Major focus will be lending with additional emphasis on cross‑selling Cash Management products, Retail Banking and Mortgage products, and Wealth Management services.
• Closely assesses business opportunities to ensure that the potential business follows prescribed profitability standards.
• Creates and executes comprehensive business/calling/prospecting plan to maximize business opportunities and relationships.
• As a seasoned lender, incumbent is expected to prospect for solid credits and relationships in markets that are inside and outside the Bank's historical footprint.
• Responsible for expanding Centers of Influence base via ongoing, results‑oriented community networking.
• Builds internal relationships with non-Commercial business unit representatives by inviting them out on appropriate client calls and working collaboratively to meet the banking needs of middle market customers.
• May partner with manager to coach/mentor more junior lenders.

Minimum Requirements – AVP Level

Undergraduate degree in Business or related field and three or more years of experience in a commercial banking role with a proven track record of successful business deals that feature total relationships, or equivalent combination of education and experience.

Minimum Requirements – VP Level

Undergraduate degree in Business or related field and five or more years of experience in a commercial banking role with a proven track record of successful business deals that feature total relationships, or equivalent combination of education and experience.

Competencies

• Proven relationship management skill and the ability to establish rapport with business owners.
• Quantifiable credit skills and a proven sense of discernment about credit quality.
• The ability to comprehensively understand the banking/financial needs of current and prospective customers.
• Ability to develop comprehensive, results‑oriented business plans that emphasize calling, prospecting and customer retention.
• Excellent written and verbal communication skills as well as strong listening skills.

This job description is not intended to be all-inclusive. Employee may perform other duties as assigned to meet the ongoing needs of the organization.

Location Details

Incumbent may work onsite at the St. Charles location. There is flexibility to choose a different onsite location within the O2 branch network if space is available.

This position is considered a hybrid role. With management approval, an incumbent may work a combination of remote and onsite work to perform the regular responsibilities of the role. Actual schedule requirements may vary based upon business needs.

Compensation & Benefits

AVP Level

Base pay: $87,500 - $115,000

Officer Bonus Eligible: Eligible to participate in the Annual Officer Incentive plan with a target bonus up to 40% of base salary based various performance components.

VP Level

Base Pay: $110,000 - $150,000

Officer Bonus Eligible: Eligible to participate in the Annual Officer Incentive plan with a target bonus up to 40% of base salary based various performance components.

Benefits

How We Support You - Old Second