Vice President of Business Development jobs in Racine, WI

If you want to be able to make a difference in the lives of people and your community without getting tripped up in the layers of a large bank, then we have an outstanding opportunity for you! The State Bank Group is a true community bank focused on supporting and connecting with customers in the communities that we serve.

We have exciting opportunities for Commercial Lenders to join our monster superstar team! With locations in Wonder Lake, Harvard, Johnsburg and Spring Grove, we'd love to have you join us on the path of growth and success!!

The VP Commercial Lending is responsible for managing and growing profitable commercial lending connections while developing sound relationships. In addition, the VP Commercial Lending will have the responsibility of ensuring that goals are met, partners are informed of current commercial lending protocols and the customers are engaged and satisfied with all Bank’s services.

Duties and Responsibilities:

• Identify and convert new loan and deposit prospects.
• Cross sell other products of the Bank.
• Retain and service existing customer base.
• Analyze the financial condition, operating performance, and repayment ability of borrowers utilizing financial statements, collateral documentation, borrower interviews, and industry and economic data.
• Analyze the financial information of the borrower and guarantor for each loan relationship selected for review.
• Prepare loan presentation documents to recommend actions to the appropriate credit authorities in the department, credit administration, or the Bank’s Board of Directors
• Present loan proposals to the Executive Vice President and Head Lender.
• Proactively manage a portfolio of borrowers to ensure continuing satisfactory risk profiles, including annual reviews, covenant monitoring, and borrowing plan management.
• Ensure the Bank’s adherence to regulatory policies; minimize variance from the Bank’s lending policies and procedures.
• Review the completeness and accuracy of loan documentation.
• Identify any loans that are not in compliance with the requirements of the Bank’s Credit Risk Policy, to include appropriate approval levels.
• Determine the appropriateness of the assigned loan grade based on the criteria specified in the Bank’s loan policy.
• Comply with all applicable federal and state laws and banking regulations including specifically compliance.
• Other duties may be assigned to increase the organization’s operating performance.

Bachelor’s degree from a four-year college or university; and two years related experience and/or training; or equivalent combination of education and experience required.

EOE

NO RELOCATION PROVIDED.

Job Type: Full-time

Pay: $115,000.00 - $130,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• 10 hour shift
• 8 hour shift
• Day shift
• Monday to Friday
• Weekends as needed

Education:

• Bachelor's (Preferred)

Experience:

• Commercial Lending: 5 years (Required)

Ability to Relocate:

• Wonder Lake, IL 60097: Relocate before starting work (Required)

Work Location: In person