VP, Commercial Lending Officer (C&I)

Landmark Credit Union; McHenry (IL); On-site; USD 123,000 - 197,000; Full time

Benefits offered by this job

Paid time off

Health, dental, and vision insurance

Retirement benefits

Career and professional development

Employee assistance program

Education assistance

Holiday pay

Job summary

Landmark Credit Union in McHenry, IL seeks a VP, Commercial Banking Officer to market and service commercial loans, deposits, and related products. You will conduct discussions with prospective and existing business members, aiming to meet sales and service goals from a centralized location serving the Southern Wisconsin and Northern Illinois markets.

The role requires strong credit skills, proactive relationship management, and the ability to navigate policy and regulatory requirements.

Qualifications

• Bachelor's degree in related field and a minimum of 5 years of commercial lending experience.
• Must be a credit-skilled lender with knowledge of laws and regulations governing commercial lending and the ability to underwrite loans.
• Strong sales profiling skills with a history of successful new customer generation.
• Experience or proficiency in systems used for deposit and loan products.
• Excellent communication, problem solving, organizational skills, and ability to work independently.
• Ability to use independent judgment and discretion while maintaining confidentiality.
• Familiarity with company policies and compliance with laws and regulations.

Responsibilities

• Establishes and manages an ongoing and proactive calling program focused on prospective business members.
• Interviews prospective members applying for commercial loans and/or business deposit services.
• Requests the appropriate financial information to underwrite loans per policy.
• Underwrites loans with the Team Lead/Underwriter or Portfolio Manager per policy.
• Attends and presents loan requests to the Commercial Loan Committee.
• Ensures documentation is complete per policy prior to loan closings and reviews documents for accuracy.
• Resolves loan exceptions promptly and monitors relationships to minimize losses.
• Mentors and trains branch staff in identifying potential business relationships.

Skills

Commercial lending

Underwriting

Sales experience

Relationship building

Regulatory knowledge

Education

Bachelor's degree in related field

Tools

Lending systems

Job description

At Landmark Credit Union, we succeed by putting people first - and that starts with you. Our culture of inclusion and collaboration enables us to support our members' financial wellbeing, positively impact the communities we serve, and help our associates grow their careers. Bring your authentic self to work as part of an organization where you'll feel valued for your unique qualities, are enabled to reach your full potential, and are recognized for your contributions to our success. We strive to ensure you feel empowered to grow and succeed, while also feeling valued and taken care of, as we all do our part to put people first. We invite you to learn more about this and other opportunities at Landmark Credit Union.

NATURE AND SCOPE:

This position reports to the SVP, Commercial Banking Team Lead. The VP, Commercial Banking Officer sells and services commercial loans, accounts and other appropriate products and services to existing and new business members focused on operating companies. Conducts discussions, both in person and over the phone, with prospective and existing business members. Responsible for achieving/exceeding specific sales and service goals. This position will be located in Landmark's new McHenry, Illinois branch supporting the Southern Wisconsin and Northern Illinois markets.

REQUIREMENTS:

1. Bachelor\'s degree in related field and a minimum of 5 years of commercial lending experience. Equivalent combination of education and experience will also be considered.
2. Must be a credit-skilled lender and have knowledge of laws and regulations governing commercial lending and the ability to underwrite commercial loans.
3. Must have strong sales profiling skills with a history of successful new customer generation.
4. Must have experience or be able to gain proficiency in all programs and systems used for this job including systems related to deposit and loan products.
5. Must possess excellent oral and written communication skills, problem solving skills, organizational skills, and the ability to work independently as a valuable team member in a dynamic environment.
6. Must have the ability to use independent judgment and discretion in various situations while maintaining a high degree of confidentiality.
7. Must develop a thorough understanding of company policies and procedures as they relate to this position. Must comply with all company policies and procedures and all job-related state and federal laws and regulations.

PRINCIPAL ACCOUNTABILITIES:

1. Establishes and manages an ongoing and proactive calling program focused on prospective business members.
2. Interviews prospective members applying for commercial loans and/or for business deposit services.
3. Requests the appropriate financial information necessary to underwrite commercial loans per Landmark's Commercial Lending Policy.
4. Works with the Team Lead, Commercial Banking Underwriter or Portfolio Manager to underwrite commercial loans according to Landmark's Commercial Lending Policy
5. When appropriate, attends and presents commercial loan requests to the Commercial Loan Committee.
6. Works with the Commercial Loan Documentation personnel to ensure the right documents are generated for each loan. Reviews all loan documentation to ensure they properly represent approved terms and present all borrower information accurately.
7. Ensures that all necessary documentation is complete per Landmark's Commercial Lending Policy prior to loan closings.
8. Resolutions all loan exceptions in a timely manner.
9. Continues to monitor business relationships to minimize risk of losses over time.
10. Completes loan reviews and renewals as per Landmark's Commercial Lending Policy.
11. Assists in mentoring and training the branch staff in identifying potential business relationships.
12. In addition to growing the commercial loan portfolio, also responsible for growing business deposits and selling additional business related products and services.
13. Cross-sells other appropriate Landmark products and services.
14. Assists with collection activities related to commercial loans and accounts.
15. Represents Landmark Credit Union in the community by becoming involved in appropriate community activities and organizations.
16. Performs other duties as assigned.

Benefits Offered

• Paid time off
• Health, dental, and vision insurance
• Retirement benefits
• Career and professional development
• Employee assistance program
• Education assistance
• Holiday pay

Pay Range

$122,900 to $196,700, depending on qualifications

EEO/Veterans/Disabled