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Job description
VP Commercial Portfolio Manager
Our bank client is seeking to fill a VP Commercial Portfolio Manager role in the Glencoe, IL area. The position is responsible for supporting the Bank's portfolio of business by servicing prospective and current customers with a variety of commercial loans. These activities will be accomplished by conducting regular risk reviews, financial statement analysis, direct involvement in underwriting, document review and ongoing portfolio management. The opportunity has a generous salary of up to $145K and a benefits package.
(This is not a remote position)
VP Commercial Portfolio Manager responsibilities include:
Review loan underwriting and work directly with underwriters to get a complete and accurate loan write-up to the appropriate approval queues.
Draft term sheets and communicate loan terms with borrowers, as well as request items needed to begin the renewal process.
Supports the growth and development of the assigned commercial lending loan portfolio by effective portfolio management.
Monitor current, matured, and past due loans for Loan Officers, while making appropriate recommendations.
Effectively monitoring portfolio for revenue opportunities and/or loan exposures.
Support Loan Officers in prescreening potential borrowers and loans, performs due diligence and proper loan structuring.
Collaborate with attorneys to reviews loan documentation for accuracy.
Prepares lending activity reports for management and loan committee as needed
Establish and maintain relationships with customers to proactively identify and recommend additional opportunities.
Comply with the Bank Secrecy Act, OFAC and USA PATRIOT Act including Customer Identification Program, customer due diligence and reporting suspicious activity to the BSA Department.
Maintains current and up-to-date knowledge and continues professional development through training as applicable.
Demonstrates a courteous, pleasant, self-motivated, and dependable behavior. Maintaining a professional environment in both appearance and conduct.
Performs additional duties as assigned or directed.
You're someone who wants to influence your own development. You're looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.
You also bring the following skills and experience:
Bachelor's degree preferred.
5 to 10 years' experience in Commercial Lending Portfolio Management.
Strong knowledge of credit and lending policies.
Proficient in using PC software tools, including Microsoft Office.
Banking financial analysis.
Strong analytical and underwriting skills.
Strong organizational skills and effective time management.
Email us your current resume along with the position you are considering to:
Worksite address
glencoe, IL, 60022, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.