The client is seeking a qualified VP Commercial Portfolio Manager for a position in Glenview, IL. This role involves assisting in the origination and underwriting of commercial loans, franchise loans, and owner-occupied commercial real estate applications. Additionally, the manager will oversee client relationships and ensure their smooth management. The role offers a substantial salary of up to $145,000, accompanied by a comprehensive benefits package. It is notable that this is not a remote position, emphasizing the requirement for the candidate to be physically present to perform their duties effectively.
The responsibilities of the VP Commercial Portfolio Manager include analyzing loan data for new, renewed, and existing loans while preparing necessary documents such as spreadsheets, reports, and summaries for loan officers. The candidate will also conduct credit inquiries for the client and routinely update credit files. Providing technical advice to Relationship Managers, preparing loan approval presentations, and coordinating loan closings are key functions of the role. The incumbent should collaborate with Loan Operations and legal teams to ensure accuracy in documentation.
Ideal candidates should possess at least a bachelors degree or equivalent business experience, coupled with four or more years in banking, emphasizing relationship management and commercial lending. A proven track record in business development, strong organizational skills, and leadership qualities are essential. Candidates should be self-starters with excellent analytical, written, and oral communication skills. An understanding of financial analysis, accounting theory, and risk assessment is critical for tackling problems and drawing valid conclusions. The role is an excellent opportunity for those eager to influence their own professional development in a dynamic and supportive environment.