Position:                              Commercial Banking Officer III or IV
Salary:                                  Based on Qualifications
Relocation:                         No
Location:                             Chicago Suburbs – Needs in both North and South
Suburbs
 
 
POSITION SUMMARY:
Make and service a variety of commercial loans to mid-sized to large businesses in the communities they serve.  Provides team members with functional guidance.   Manage third quartile sized Commercial banking portfolios. Maximum Type VII Lending Authority.
 
DUTIES/RESPONSIBILITIES:

• Analyze complex credits and prepare clear, complete written and oral presentations without assistance.
• Manage third quartile sized commercial banking portfolio of business clients, assessing and meeting their business and personal needs.
• Effective monitoring, administration and maintenance of existing commercial banking portfolio in accordance with Bank’s standards.
• Perform sales activities to develop new relationships with business clients.
• Develop and maintain referral networks with local insurance agents, real estate brokers, accountants, attorneys and other professionals.
• Maintain credit quality in accordance with Bank guidelines.
• Maintain adequate controls to ensure compliance with consumer protection statutes/regulations in a defined area of responsibility.
• Implement bank-directed policy and changes relating to regulatory amendments.
• Prepare monthly sales and production reports.
• Ensure proper loan documentation is prepared and monitor and eliminate exceptions in a timely manner.

• Attend all Loan Committee and Sales Meetings and participate accordingly Involvement in various community activities and organizations.

• Bachelor’s degree in business, finance or other related field, with at least two accounting courses.
• Thorough knowledge of Federal and State regulations covering commercial banking activities.
• Strong analytical ability with effective written and verbal communication skills required.
• CBO III: 7 + years of increasing responsibility within the commercial banking function, with proven results over time.
• CBO IV: Minimum 10 years’ experience required
• Demonstrated ability to bring in new relationships.
• Commercial lending experience with medium or large sized banks and currently working in that capacity.

• Stable work history.