Portfolio Lending Manager - Chicago, IL, United States - V-Soft Consulting Group, Inc

Description

Portfolio Lending Manager
Primary Location: Harwood Heights, Illinois

V-Soft Consulting is currently hiring for a Portfolio Lending Manager for our premier client in Harwood Heights, Illinois.
WHAT YOULL NEED:
Technical Requirements and Certifications

• Formal credit training preferred.

Education and Experience

• A Bachelors degree in Business Administration, Finance, Accounting or related field 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.
• 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 YOULL 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.

V-Soft Consulting Group is recognized among the top 100 fastest growing staffing companies in North America, V-Soft Consulting Group is headquartered in Louisville, KY with strategic locations in India, Canada and the U.S. V-Soft is known as an agile, innovative technology services company holding several awards and distinctions and has a wide variety of partnerships across diverse technology stacks.

As a valued V-Soft Consultant, youre eligible for full benefits (Medical, Dental, Vision), a 401(k) plan, competitive compensation and more. V-Soft is partnered with numerous Fortune 500 companies, exceptionally positioned to advance your career growth.

V-Soft Consulting provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

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