Portfolio Lending Manager

V-Soft Consulting is currently hiring for a Portfolio Lending Manager for our premier client in Harwood Heights, Illinois.

• Formal credit training preferred.

Education and Experience ?

• A Bachelor’s degree in Business Administration, Finance, Accounting or related field preferred.
• A minimum of three (3) years of Portfolio Manager experience in managing commercial loan accounts and/or SBA loans preferred.
• 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.
• Working knowledge of federal and state banking regulations.
• Working knowledge of Small Business Administration Standard Operating Procedures desired.
• Strong knowledge of loan agreements, assumptions, accounting, loan structuring, and collateral procedures.
• Computer literate with proficiency in MS Office, Word and Excel, PowerPoint, and financial forecast models.

Knowledge, Skills and Abilities ?

• 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 ability to work in a team-based environment.
• Excellent verbal and written communication skills.
• Ability to learn and multitask efficiently in a fast-paced environment where priorities can shift frequently.

WHAT YOU’LL DO:Job Responsibilities:

• Prepare Market Studies and Annual Reviews as needed.
• 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.
• Participate in business development efforts with Market Bank staff, which includes prospect call support and identifying potential additional product needs during underwriting.
• 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.
• Communicate material financial changes or covenant non-compliance within existing relationships with the Loan Committee/Management.
• Assist with the presentation of loan requests to the respective committees for approval.
• Work with others to manage the closure and funding of loans.
• Work with others in recommending appropriate structure, e.g., financial and non-financial covenants, and any special approval conditions.
• Assist with the monitoring of the loan portfolio through report preparation and maintenance.
• Perform site visits and annual customer reviews on designated accounts.

Interested?Qualified candidates should send their resumes to [email protected]