Portfolio Management Officer

2 weeks ago

Mokena, Illinois, United States Midland States Bank Full time

Salary Range: $51,000-$63,000

At Midland States Bank, the base salary is just one part of our comprehensive Total Rewards program. The exact compensation is influenced by various factors including education, skills, internal equity, and experience. This position also offers additional compensation through short-term incentives (such as bonuses and/or commissions) and may include long-term incentives (like stock awards). Benefits for this role encompass extensive healthcare options, well-being benefits, paid family leave, and generous paid time off. Our Total Rewards package also includes banking perks, an Employee Stock Purchase Plan, a 401K plan with company matching, and the potential to participate in our Non-Qualified Deferred Compensation plan. Please note that incentives and benefits are subject to eligibility requirements.

Position Overview

The Commercial Portfolio Manager is tasked with supporting Commercial Relationship Managers and Market Presidents in managing client relationships at Midland States Bank. This includes nurturing the existing Commercial Loan Portfolio to foster market growth, evaluating creditworthiness to make informed credit decisions, identifying potential credit risks, and preparing loan proposals for the loan committee. The role primarily involves initiating and renewing commercial loans along with necessary reporting and oversight. Advanced knowledge of commercial loan policies, procedures, documentation, and processing is essential. This position emphasizes the importance of building and enhancing customer relationships through exceptional service and cross-selling opportunities. The Commercial Portfolio Manager is expected to embody Midland States Bank's vision and values, representing them both internally and within the community.

Key Responsibilities

  • Oversee a portfolio of commercial clients and loans (typically up to approximately $10 million).
  • Conduct regular business development outreach (independently or alongside the Commercial Relationship Manager) to attract new business or enhance services for existing clients.
  • Generate new business opportunities through cross-selling initiatives with the current commercial client base.
  • Manage the credit evaluation process, identifying risks and mitigants for new and renewed loans.
  • Provide exceptional customer service to existing commercial clients, including research or referrals to other bank departments as necessary, along with appropriate follow-up.
  • Assist the assigned Relationship Manager with client interactions, acting as part of a team and serving as a proxy when required.
  • Coordinate the ordering of appraisals, environmental assessments, or other complex documentation needed for loan closings.
  • Possess the ability to analyze straightforward credit applications.
  • Attend and present loan requests at committee meetings, ensuring accuracy and compliance in Credit Approval Forms prior to approval.
  • Thoroughly review and comprehend formation documents for various entities including corporations, partnerships, limited liability companies, and trusts.
  • Manage the routine oversight and administration of the assigned portfolio, including the tickler system, financial reporting, and loan reviews.
  • If applicable, oversee construction draws managed by the Portfolio Manager.
  • Effectively communicate information and respond to inquiries from groups of managers, clients, and customers.
  • Negotiate with clients on behalf of the bank.
  • Utilize independent judgment to plan and achieve objectives.
  • Represent the bank in interactions with business associations, customers, and regulatory bodies. Participate in civic and business-related events to promote the bank's image.
  • Serve as a regional resource for training and support.
  • This role may require occasional travel for training and team meetings, as well as a willingness to travel periodically within the market as needed.
  • May necessitate working in a Midland office to ensure collaboration and support for internal and external customers.
  • Maintain compliance with all relevant regulations, including but not limited to the Bank Secrecy Act (BSA).
  • Perform other duties as assigned.

Qualifications

Education/Experience:

  • Bachelor's degree in Finance, Business, or Accounting.
  • 1-3 years of relevant experience.
  • Successful completion of bank training specific to the position.
  • Proficiency in computer applications.
  • Knowledge of commercial loan requirements and regulations is essential.
  • Understanding of all company loan systems related to commercial lending.
  • Strong interpersonal and communication skills.
  • Demonstrated success in meeting or exceeding prior year's performance goals.

Core Competencies:

  • Business acumen
  • Encourages innovation
  • Drives results
  • Makes informed decisions
  • Acts as a brand ambassador
  • Collaborates effectively
  • Communicates clearly
  • Focuses on customer needs
  • Demonstrates authenticity
  • Exhibits emotional intelligence
  • Commits to self-development
  • Shows flexibility and adaptability

At Midland States Bank, we believe that bringing our whole selves to work fosters happiness, comfort, confidence, and excitement to deliver exceptional service to our customers, colleagues, and the company. We are proud to be an Equal Opportunity and Affirmative Action employer. At Midland, we recruit, employ, train, compensate, and promote without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. If you are seeking a place to grow, we encourage you to consider a career with Midland States Bank.

This job description does not constitute a contract for employment.

  • Commercial Portfolio Manager

    4 days ago

    Mokena, Illinois, United States Midland States Bank Full time

    Job SummaryWe are seeking a highly skilled Commercial Portfolio Manager to join our team at Midland States Bank. As a key member of our Commercial Lending team, you will be responsible for managing a portfolio of commercial clients and loans, identifying credit risks, and making sound credit decisions.Key ResponsibilitiesPortfolio Management: Manage a...

  • Commercial Loan Portfolio Manager

    2 weeks ago

    Mokena, Illinois, United States Midland States Bank Full time

    Salary Range: $51,000-$63,000At Midland States Bank, the base salary is just one part of our comprehensive Total Rewards program. Actual compensation is influenced by various factors including education, skills, internal equity, and experience. This position also offers additional compensation through short-term incentives (such as bonuses and/or...

  • Senior Portfolio Management Specialist

    2 weeks ago

    Mokena, Illinois, United States Midland States Bank Full time

    Salary Range: $51,000-$63,000At Midland States Bank, the base salary is one aspect of our Total Rewards program. The precise compensation is influenced by factors such as education, skills, internal equity, and experience. This role also provides additional compensation through short-term incentives (such as bonuses and/or commissions) and may include...

  • Client Relationship Portfolio Manager

    2 weeks ago

    Mokena, Illinois, United States Midland States Bank Full time

    Salary Range: $51,000-$63,000At Midland States Bank, the base salary is one aspect of our Total Rewards program. The precise compensation is influenced by various factors including education, skills, internal equity, and experience. This position also offers additional compensation through short-term incentives (such as bonuses and/or commissions) and may...

  • Office Administrator

    5 days ago

    Mokena, Illinois, United States Containers Plus, Inc. Full time

    Job DescriptionContainers Plus, Inc. is seeking a highly organized and detail-oriented Office Manager to oversee the day-to-day operations of our Mokena, IL office. The ideal candidate will have strong organizational and communication skills, with the ability to work independently and problem solve. Key responsibilities include:Managing general office...

  • Office Coordinator

    4 days ago

    Mokena, Illinois, United States HealthSource Chiropractic of Chicago Full time

    Job DescriptionWe are seeking a highly motivated and organized Office Coordinator to join our team at HealthSource Chiropractic of Chicago. As an Office Coordinator, you will play a vital role in ensuring the smooth operation of our clinic, providing exceptional customer service, and supporting our healthcare team.Key Responsibilities:Insurance...

  • Unarmed Protection Officer

    2 weeks ago

    Mokena, Illinois, United States Blue Line Security Solutions Full time

    Job OverviewPosition: Unarmed Security OfficerCompany: Blue Line Security SolutionsEmployment Type: Full-Time and Part-Time Positions AvailableWork Schedule: Flexible Shifts (Daytime, Evening, Overnight)Compensation: $18.25 per HourRole Summary: We are seeking a committed individual to become part of our team as an Unarmed Security Officer. This position is...

  • Clinical Office Assistant

    7 days ago

    Mokena, Illinois, United States Advocate Aurora Health Full time

    About the RoleAdvocate Aurora Health is seeking a skilled Clinical Office Assistant to support our Echocardiography department on a part-time basis. As a key member of our team, you will be responsible for providing exceptional administrative support, ensuring seamless patient care, and contributing to the overall success of our organization.Key...

  • Parts Operations Manager

    7 days ago

    Mokena, Illinois, United States Altorfer Full time

    Job SummaryThis is a challenging and rewarding opportunity to lead the Heavy Construction Parts Department at Altorfer. As a Parts Operations Manager, you will be responsible for managing all aspects of the department, including customer service, sales, and marketing. You will oversee the day-to-day operations, manage staff, and ensure that all safety...

  • Manager of Technical Services

    2 weeks ago

    Mokena, Illinois, United States GFL Environmental Full time

    Position Overview:The Technical Solutions Lead will manage all technical support functions within the waste management facilities of the organization. This role is essential to ensure that all personnel and facilities adhere to company policies, procedures, and the relevant laws and regulations governing operations. The individual will also provide technical...

  • Supply Chain Financial Control Manager

    2 weeks ago

    Mokena, Illinois, United States Ozinga Bros., Inc. Full time

    Company Overview:About Ozinga Bros., Inc.:Ozinga Bros., Inc. is a family-owned enterprise that has been a pillar in the concrete industry since its inception. Our distinctive fleet of red and white striped concrete mixer trucks represents our dedication to providing comprehensive concrete solutions, bulk materials, and logistical services throughout the...

  • Senior Project Manager for Information Systems

    2 weeks ago

    Mokena, Illinois, United States AA Medical Full time

    AA Medical is seeking a skilled Senior Project Manager for Information Systems to enhance our cutting-edge medical technology organization. The successful candidate will take charge of managing and refining our NetSuite ERP system while spearheading integration initiatives for newly acquired entities. This role demands a strategic planner with robust project...

  • Inventory Management Accounting Lead

    2 weeks ago

    Mokena, Illinois, United States Ozinga Bros., Inc. Full time

    OverviewAbout Ozinga Bros., Inc.:Ozinga Bros., Inc. is a family-owned enterprise dedicated to delivering exceptional concrete solutions, bulk materials, and logistics services since its inception. Our iconic fleet is a testament to our commitment to efficiency and reliability in serving our clients across various regions.We foster a culture that emphasizes...

  • Junior Account Manager

    5 days ago

    Mokena, Illinois, United States Ovivo Full time

    Job DescriptionOpportunity OverviewOvivo offers a unique opportunity to expand your skills and professional experience while collaborating with global experts in water treatment. As a Junior Account Manager, you will work closely with senior staff in the Chemical Sales Department, providing exceptional customer service and support for our chemical...

  • Administrative Operations Coordinator

    1 week ago

    Mokena, Illinois, United States Containers Plus, Inc. Full time

    Job OverviewContainers Plus, Inc. is in search of a dedicated Administrative Operations Coordinator to manage our office functions effectively.Key ResponsibilitiesOversee daily office operations and ensure smooth workflow.Manage accounts payable and receivable, along with payroll processing.Provide essential support in sales and customer service.Handle order...

  • Lead Engineer in Advanced Manufacturing Processes

    2 weeks ago

    Mokena, Illinois, United States ITW Full time

    The Body and Fuel Division, part of Illinois Tool Works (ITW) Automotive segment, enhances profitability through innovative solutions and application engineering. Our Body and Fuel offerings include fuel housings, safety handles, advanced Capless solutions, and EV charge ports for leading OEMs globally.We operate multiple manufacturing facilities across...

  • Senior Commercial Flooring Estimator

    2 weeks ago

    Mokena, Illinois, United States Hinsdale Tile and Carpet, Inc. Full time

    Job OverviewPosition: Senior Commercial Flooring EstimatorCompany: Hinsdale Tile and Carpet, Inc.Job Summary: The Senior Commercial Flooring Estimator plays a crucial role in the precise analysis of project blueprints and material requirements for commercial flooring initiatives. This position involves leading a team of estimators and collaborating closely...

  • Customer Service Representative

    6 days ago

    Mokena, Illinois, United States Culligan 48MN Full time

    About the RoleCulligan 48MN is seeking a highly skilled and experienced Customer Service Representative to join our team. As a key member of our customer-facing team, you will be responsible for providing exceptional customer service and support to our clients.Key ResponsibilitiesProvide proactive sales support by developing close relationships with...

  • Environmental Solutions Coordinator

    2 weeks ago

    Mokena, Illinois, United States GFL Environmental Full time

    The Environmental Solutions Coordinator will manage all technical assistance operations within the waste management facilities of the organization. This role is essential to ensure that all personnel and facilities adhere to company policies, procedures, and the relevant laws and regulations governing them. The Coordinator will also provide technical...

  • Technical Solutions Lead

    1 week ago

    Mokena, Illinois, United States GFL Environmental Full time

    Position Overview:The Technical Solutions Lead will manage all technical support functions for the waste management facilities within the division. This role is crucial in ensuring that all operations and personnel adhere to company policies, procedures, and relevant laws and regulations. The individual will also provide essential technical assistance to...