Vice President SBA Commercial Loan Officer at Devon Bank

Chicago, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

25 May, 26

Salary

165000.0

Posted On

24 Feb, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

SBA 7(a) Loan Programs, SBA 504 Loan Programs, Commercial Loan Origination, Credit Analysis, Portfolio Management, Due Diligence, Credit Department Liaison, Loan Committee Presentation, Financial Data Analysis, Client Relationship Management, Windows Office Suite, Excel, Outlook

Industry

Banking

Description

Description At Devon Bank, we don’t just accept diversity—we celebrate it, we support it, and we thrive on it for the benefit of our employees, our customers and our community. We provide a welcoming culture that comes from our desire to make diversity, respect and service a priority. We are currently looking for a Vice President SBA Commercial Loan Officer to join our team! What you’ll be doing: In this role, you will identify and meet with clients and prospects seeking commercial loans with a focus on SBA 7(a) and 504 loan programs. You will collect and analyze financial data to determine credit worthiness. Responsibilities · Identify new potential commercial loan clients and manage a portfolio of current commercial loan customers · Maintain and grow assigned portfolio and customer base · Collect documentation and financials for Credit Department and Loan Operations analysis · Work with Credit Department on due diligence · Present commercial loans to Loan Committee · Propose new, renewed and modified credit presentations · Maintain close relationships with customers with written communication and in person visits Requirements · Bachelor’s degree in business or related field · Prior experience as an SBA or C&I Commercial Loan Officer or SBA Commercial Portfolio Manager · Knowledge of SBA Lending market including SBA 7(a) and 504 loan programs · Credit analysis experience with completion of a formal Credit Training program · Proficient in Windows Office applications, Word, Excel and Outlook Pay Range and Benefits: Base pay of $140,000 to $165,000 depending on experience Life Insurance, short- and long-term disability fully paid by Devon Bank Medical, Dental, and Vision coverage and 401k with employer match EOE AA - Devon Bank is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics. If you need assistance or an accommodation due to a disability, you may contact us at HRCommunications@devonbank.com or you may call us at (773)- 465-2500.

Responsibilities

The Vice President SBA Commercial Loan Officer will be responsible for identifying and meeting with clients seeking commercial loans, primarily focusing on SBA 7(a) and 504 programs. Key duties include collecting and analyzing financial data to assess creditworthiness, managing and growing a customer portfolio, and collaborating with the Credit Department on due diligence.