Job Information
First Bank Chicago Assistant Vice President Commercial Banking Portfolio Management in Northbrook, Illinois
This job was posted by https://illinoisjoblink.illinois.gov : For more information, please see: https://illinoisjoblink.illinois.gov/jobs/12664244
Basic Function
Responsible for assisting in the origination and underwriting of commercial loan and owner-occupied commercial real estate applications and responsible for managing client relationships.
Essential Duties
- Assist in originating, underwriting and closing commercial loans and
owner-occupied commercial real estate loans\
\
\
- Analyze loan data on new, renewal and existing loans, including data provided by credit bureaus, agent banks, borrowers and Bank credit files
- Prepare spreadsheets, reports, summaries and opinions for loan officers on new, renewal and existing loans
- Perform credit inquiries for the Bank as requested
- Establish, review and update new and existing credit files on a regular basis
- Provide technical advice and assistance to Loan Officers as needed
- Work with Relationship Manager on proposals
- Prepare loan approval presentations
- Work with Loan Operations and/or attorneys to generate and review (for accuracy) documents and coordinate loan closings</li>
- Management of client relationships\
\
\
- Negotiate loan extensions and renewals
- Respond to client inquiries
- Request and review updated financial and operating information. Confirm or recommend loan grade changes based on analysis performed
- Covenant compliance testing
- Update loan files
- Assist in preparation of Watch Report, Board Reports and other reporting as needed
- Work with Loan Operations and Deposit Operations to resolve client issues
- Fund draw requests
- Work with Treasury Management to meet the clients cash management needs
- Monitor and address past due loans and overdrawn deposit accounts</li>
- Additional departmental duties\
\
\
- Attend department meetings
- Attend Management Loan Committee and Directors Loan Committee meetings
- Attend Bank Officer meetings
- Review information on market trends in commercial lending
- Maintain knowledge of underwriting and Loan Policy guidelines
- Attend training as required</li>
- Participation in CRA activities\
- Participation in networking events
Nonessential Duties
- Other duties as assigned