Portfolio Lending Manager

4 weeks ago


Chicago, United States The Symicor Group Full time

Portfolio Lending Manager – To $180K – Chicago, IL – Job # 3273 Who We Are The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & Rockport, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you. The Position Our client is seeking to fill a Portfolio Lending Manager role in the greater Chicago, IL area. The successful candidate will be responsible for working with others on loan structure and terms, leading loan requests through the credit approval process, and assisting with the assigned portfolio management. The Portfolio Lending Manager will require direct client contact, providing financial analysis to maximize profitability, and will be a valuable member of the support team for the client. The candidate should have a thorough understanding of the terms and conditions under which the loans should be presented and closed. This individual will also be responsible for ensuring compliance with SBA requirements. The position offers a generous salary of up to $180K and a full benefits package. (This is not a remote position.) Key Responsibilities Determine early warning signs of clients at risk and work with them to develop and execute an appropriate plan to mitigate risk. Manage collections of past due loan payments, lapsing insurance, past due property taxes, document exceptions, and other loan issues. Work with others in recommending appropriate structure, e.g., financial and non-financial covenants, and any special approval conditions. Facilitate means of receiving continuous financial updates on Bank relationships. Assist with the preparation of detailed analysis of borrower’s financials and prepare Loan Committee approvals and updates as needed. Assist with the monitoring of the loan portfolio through report preparation and maintenance. Communicate material financial changes or covenant non-compliance within existing relationships with the Loan Committee/Management. Prepare Market Studies and Annual Reviews as needed. Assist with the presentation of loan requests to the respective committees for approval. Work with others to manage the closure and funding of loans. Perform site visits and annual customer reviews on designated accounts. Participate in business development efforts with Market Bank staff, which includes prospect call support and identifying potential additional product needs during underwriting. Who Are You? You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future. You also bring the following skills and experience: A Bachelor’s degree in Business Administration, Finance, Accounting, or related field preferred. Formal credit training preferred. A High School Diploma or GED is required. A minimum of three (3) years of Portfolio Manager experience in managing commercial loan accounts and/or SBA loans preferred. Strong interpersonal skills with emphasis on relationship building both internally and with clients and prospects. Highly developed communication skills including the ability to write clear and concise credit correspondence. Capability to independently and proactively manage various relationships and effectively manage multiple priorities. Ability to advocate persuasively. Exceptional analytical, organization, problem-solving, and time management skills. Strong knowledge of loan agreements, assumptions, accounting, loan structuring, and collateral procedures. Working knowledge of federal and state banking regulations. Working knowledge of Small Business Administration Standard Operating Procedures desired. Strong ability to work in a team-based environment. Excellent verbal and written communication skills. Computer literate with proficiency in MS Office, Word and Excel, PowerPoint, and financial forecast models. Ability to learn and multitask efficiently in a fast-paced environment where priorities can shift frequently. At least five years of analyzing, negotiating, and/or structuring loan transactions in a corporate lending environment preferred. Credit analysis training or experience appropriate for the job requirements preferred. The next step is yours. Email us your current resume along with the position you are considering to: #J-18808-Ljbffr


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