Commercial Loan Relationship Manager

First American Bank
Village, IL Full Time
POSTED ON 4/19/2024

Job Description

First American Bank was founded in Chicago, and over the years has expanded throughout Wisconsin and Florida. As the largest privately held bank in Illinois, we now have over 60 locations and assets of $5 billion. We are a community bank at heart with international expertise, traditional values, and a forward-looking philosophy. Our employees have the experience and vision to meet the needs of savers, borrowers, and businesses in the 21st century. First American Bank can offer employees a level of visibility, career growth, and stability that is difficult to find in many larger corporations.

 

Credit management and sales position working with the bank’s business customers within the commercial loan department. The Commercial Loan Relationship Manager will be assigned to a specific group of the bank’s largest customers and assume responsibility for all aspects of credit management, including measuring risk through regular financial analysis, meetings to assess financial condition, as well as retention and sales. A thorough understanding of all aspects of the loan transaction is expected including the ability to make decisions on credit approval, loan pricing, collateral decisions, and structure. The Commercial Loan Relationship Manager will be given a defined authority for loan approval and shall have the authority to deny any loan.The Commercial Loan Relationship Manager will also manage the training, oversee the day-to-day duties and allocate the workload of the Commercial Loan Associates.

 

DUTIES & RESPONSIBILITIES:

  • Independently interact with a specific portfolio of clients, including attendance at meetings outside the office.
  • Sell a broad range of bank products and services to those customers, including Treasury Management, Wealth Management, Private Banking and Trade Finance products.
  • Review and correct loan documents, and present them to customers for signature.
  • Work independently and prioritize multiple responsibilities.

QUALIFICATIONS:

  • Bachelor's degree, finance or accounting preferred.
  • 3 to 5 years in the Commercial Loan Department.
  • Excellent verbal and written communication skills.
  • Excellent computer skills (i.e. word processing and spreadsheet applications).
  • This position requires regular travel by car to various locations throughout the Bank's market.
  • Occasional out-of-state travel may be required.
  • 7:30 - 5:00

Salary.com Estimation for Commercial Loan Relationship Manager in Village, IL
$137,025 to $201,819
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