Senior Vice President Commercial Banking Portfolio Management Group Manager

First Bank Chicago; Chicago (IL); Vor Ort; USD 175.000 - 215.000; Vollzeit

Benefits dieser Stelle

Medical/dental/vision insurance

Life insurance

401(k)

Paid time off

Annual bonus

Zusammenfassung

First Bank Chicago seeks a senior leader to oversee underwriting and managing complex Commercial – Middle Market, Large Corporate and Franchise loan transactions in Chicago. You will supervise portfolio administration, oversee client relationships and drive credit strategy and policy adherence.

Ideal candidates bring 10+ years in banking, 5+ years in commercial lending, and CPA or MBA credentials. The role includes staff development, audit coordination, and regular senior management reporting.

Qualifikationen

• College degree in Finance, Accounting or equivalent related experience.
• 10+ years’ experience in banking industry.
• 5+ years’ experience in commercial lending area.
• Credit Analysis training

Aufgaben

• Manage a team of Portfolio Managers (PMs) in due diligence, underwriting and documentation of new loan transactions, renewals and amendments.
• Oversee portfolio management and client monitoring for existing borrowers.
• Provide guidance on credit strategy and terms for new loans and renewals.
• Supervise quarterly and annual reviews, and credit monitoring procedures.
• Ensure compliance with credit policies and risk rating reviews.

Kenntnisse

Credit analysis

Lending practices

Financial statements

Communication skills

Attention to detail

Time management

Professionalism

Ausbildung

Bachelor's degree in Finance or Accounting

CPA or MBA preferred

Jobbeschreibung

Responsible for underwriting and managing complex Commercial – Middle Market, Large Corporate and Franchise loan transactions. Oversee portfolio management of existing borrower relationships and lead portfolio credit administration and support the growth in commercial loans. Serve as a subject matter expert in credit skills, credit products or industries. Manage a team of credit underwriting professionals.

ESSENTIAL DUTIES

• Manage a team of Portfolio Managers (PMs), with varying experience levels, in due diligence, underwriting, loan approval and documentation of new loan transactions, renewals, amendments and oversees ongoing portfolio and client monitoring.
• Supervise the financial analysis and approval requests consistent with Bank credit policy
• Oversee and provides guidance in credit strategy, negotiation of terms and conditions for all new loan transactions and loan renewals including the review of related loan documentation. Oversee daily PM responsibilities including ODs, past due loans and coming due loans and amendments are managed timely.
• Supervise all required quarterly and annual reviews, and all outstanding loan ticklers
• Assist in managing Franchise loan policy, and all required credit monitoring procedures
• Supervise PM’s administration for construction loans and remodel loans for Franchise fundings and related new loan closings
• Oversee the management of existing loan portfolio administration and provide Senior Management and Board reporting
• Responsible for managing ongoing requirements for all internal and external audits including compliance with credit policies and procedures, risk rating reviews, covenant monitoring requirements and annual / quarterly reviews.
• Drive process improvements to increase workflow efficiency
• Train and develop new or less experienced PMs and loan administrators

NONESSENTIAL DUTIES

• Other duties as assigned

KNOWLEDGE, SKILLS & ABILITIES

• Strong understanding of accounting principles and financial statements
• Demonstrate professionalism, tact and diplomacy when interacting with clients and business partners
• Enjoy working with a diverse range of businesses and industries
• Excellent verbal and written communication skills
• Highly detail-oriented with a strong commitment to accuracy
• Proven ability to manage multiple priorities and meet established deadlines
• Strong knowledge of lending practices, credit analysis and applicable banking regulations

TRAINING & EXPERIENCE

• College degree in Finance, Accounting or equivalent related experience
• 10+ years’ experience in banking industry
• 5+ years’ experience in commercial lending area
• Credit Analysis training
• CPA or MBA preferred

COMPENSATION

Expected Salary Range: $175,000 - $215,000

• 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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