Vice President SBA Commercial Loan Officer

Devon-Bank; Chicago (IL); On-site; USD 140,000 - 165,000; Full time

Benefits offered by this job

Health insurance

Dental and Vision coverage

Employer-paid Life Insurance

Short- and Long-Term Disability

401(k) with employer match

Voluntary benefits

Job summary

Devon Bank is seeking a Vice President SBA Commercial Loan Officer to join our Chicago team. You will identify and meet with clients seeking SBA 7(a) and 504 loans and analyze financial data to determine credit worthiness.

You will manage a portfolio of commercial loan clients, cultivate relationships, and present loan proposals to Loan Committee. A strong background in SBA lending and credit analysis is required.

Qualifications

• Bachelor’s degree in business or related field required.
• Prior SBA or C&I Commercial Loan Officer or SBA portfolio management experience preferred.
• Knowledge of SBA 7(a) and 504 loan programs essential.
• Credit analysis experience with formal training program.
• Proficiency in Windows Office applications (Word, Excel, Outlook).

Responsibilities

• Identify new potential commercial loan clients and manage a portfolio of current commercial loan customers.
• Maintain and grow the assigned portfolio and customer base.
• Collect documentation and financials for Credit Department and Loan Operations analysis.
• Work with Credit Department on due diligence.

Skills

SBA Lending knowledge

Credit analysis

Relationship management

Education

Bachelor’s degree in business or related field

Tools

Microsoft Word

Microsoft Excel

Microsoft Outlook

Job description

Description

At Devon Bank, we don’t just accept diversity—we celebrate it, we support it, and we thrive on it for the benefit of our employees, our customers and our community. We provide a welcoming culture that comes from our desire to make diversity, respect and service a priority.

We are currently looking for a Vice President SBA Commercial Loan Officer to join our team!

What you’ll be doing:

In this role, you will identify and meet with clients and prospects seeking commercial loans with a focus on SBA 7(a) and 504 loan programs. You will collect and analyze financial data to determine credit worthiness.

Responsibilities

• Identify new potential commercial loan clients and manage a portfolio of current commercial loan customers


• Maintain and grow assigned portfolio and customer base


• Collect documentation and financials for Credit Department and Loan Operations analysis


• Work with Credit Department on due diligence


• Present commercial loans to Loan Committee


• Propose new, renewed and modified credit presentations


• Maintain close relationships with customers with written communication and in person visits

Requirements

• Bachelor’s degree in business or related field


• Prior experience as an SBA or C&I Commercial Loan Officer or SBA Commercial Portfolio Manager


• Knowledge of SBA Lending market including SBA 7(a) and 504 loan programs


• Credit analysis experience with completion of a formal Credit Training program


• Proficient in Windows Office applications, Word, Excel and Outlook

Pay Range and Benefits:

We are committed to providing pay and benefits that help employees stay healthy, supported, and prepared for the future.

Some of these include:

• UnitedHealthcare (UHC) Medical coverage


• Dental and Vision coverage through Guardian


• Employer-paid Life Insurance, plus Short- and Long-Term Disability


• 401(k) with employer match


• Voluntary, employee-paid options such as legal coverage, accident insurance, pet insurance & more

Base pay of $140,000 to $165,000 depending on experience

EOE AA - Devon Bank is proud to be an Equal Employment Opportunity and Aff ...We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.

If you need assistance or an accommodation due to a disability, you may contact us at [e-mail] or you may call us at (773)- 465-2500.