Middle Market Lending Manager jobs in Illinois
Middle Market Lending Manager makes and services middle market loans and lines of credit. Performs analysis of applicant's financial data to evaluate risk and creditworthiness. Being a Middle Market Lending Manager develops loan structures that maximize profitability and meet the needs of the client. Establishes good client relationships and potential for future referrals or cross-sell opportunities. Additionally, Middle Market Lending Manager monitors loan portfolios and compliance with lending terms and policies. Requires a bachelor's degree. Typically reports to a director. The Middle Market Lending Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Middle Market Lending Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
Recently Added Middle Market Lending Manager jobs
Middle Market Portfolio Manager
- Wintrust Financial Corporation
-
Forest, IL
FULL_TIME
-
Wintrust is a financial holding company with approximately $50 billion assets under management and traded on the NASDAQ:WTFC. Built on the "HAVE IT ALL" model, Wintrust offers sophisticated technology and resources of a large bank while focusing on providing service-based community banking to each and every customer. Wintrust operates fifteen community bank subsidiaries with over 170 banking locations in the greater Chicago and southern Wisconsin market areas. Additionally, Wintrust operates various non-bank business units including commercial and life insurance premium financing, short-term accounts receivable financing, out-sourced administrative services, mortgage origination and purchase, wealth management services and qualified intermediary services for tax-deferred exchanges.
Why join us?- An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 10 years) and Employee Recommended award by the Globe & Mail (past 6 years)
- Competitive pay and annual discretionary bonus eligible
- Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few
- Family-friendly work hours
- With 175 community bank locations, we offer opportunities to grow and develop in your career
- Promote from within culture
What You'll Do- Manage an assigned portfolio of commercial customers in partnership with the relationship manager
- Provide support and oversight of reporting for portfolio management (delinquency, problem loans, exceptions, tickler tracking, etc.) as designated by the CCO
- Coordinate collection and review of financial statements, tax returns, covenant compliance certificates, and/or borrowing bases to comply with customers’ reporting requirements
- Monitor assigned portfolio for early warning signs of financial weakness or other risks and work with borrowers to develop and execute an appropriate plan to mitigate risk and/or transfer to Special Assets Group
- Prepare credit packages for annual reviews, renewals, loan requests, portfolio reviews and criticized asset reviews
- Structure and underwrite complex commercial loan transactions in an assigned portfolio and new business transactions
- Provide credit recommendations to the appropriate level of credit administration
- Review and negotiate loan documentation in consultation with legal counsel and ensure renewals and modifications are properly closed
- Serve as contact for, provide support of and responses to internal audits, loan review, compliance reviews and regulatory exams for the bank
- Comply with all bank policies and procedures as well as applicable state and federal regulations
- Bachelor's degree from an accredited institution with a business, finance, economics or accounting major
- 6 years’ financial services industry experience, with a working knowledge of banking environment, products and all supporting processes and technology; prior commercial credit experience highly preferred
- Formal Bank credit training is preferred, with a strong understanding of general credit and risk principles, mitigates, and banking policies/procedures
- Thorough understanding of risks (market, rate, leverage, etc.) as it applies to the lending process
- Understanding of commercial lending policies and procedures along with the knowledge of loan agreement, loan structuring, and collateral procedures
- Proficiency in MS Office: Excel, Word, PowerPoint, and financial forecast models
- Excellent oral and written communications skills
- Strong analytical and organizational skills with the ability to proactively manage and prioritize workflow
- Strong interpersonal skills with a proven ability establishing client relationships and working within a team environment
Medical Insurance- Dental
- Vision
- Life insurance
- Accidental death and dismemberment
- Short-term and long-term Disability Insurance
- Parental Leave
- Employee Assistance Program (EAP)
- Traditional and Roth 401(k) with company match
- Flexible Spending Account (FSA)
- Employee Stock Purchase Plan at 5% discount
- Critical Illness Insurance
- Accident Insurance
- Transportation and Commuting Benefits
- Banking Benefits
- Pet Insurance
- 8 Days Ago
Branch Manager
- KIND LENDING LLC
-
Schaumburg, IL
FULL_TIME
- Success Lending is bridging the gap between homebuyers, real estate agents, and loan officers by offering a faster, smoother, and more stress-free mortgage lending experience. Through innovation, tech...
- Just Posted
Emerging Middle Market Relationship Manager IV
- Fifth Third Bank, National Association
-
Warrenville, IL
FULL_TIME
- Make banking a Fifth Third better® We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. GENERAL FUNCTION: Responsible ...
- 2 Days Ago
Emerging Middle Market Relationship Manager IV
- Fifth Third Bank
-
Rosemont, IL
FULL_TIME
- Make banking a Fifth Third better®We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.General FunctionResponsible for ...
- 8 Days Ago
Emerging Middle Market Relationship Manager IV
- Fifth Third Bank
-
Warrenville, IL
FULL_TIME
- Make banking a Fifth Third better®We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.General FunctionResponsible for ...
- Just Posted
Emerging Middle Market Relationship Manager IV
- Fifth Third Bank, National Association
-
Chicago, IL
FULL_TIME
- Make banking a Fifth Third better® We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. GENERAL FUNCTION: Responsible ...
- 10 Days Ago
Middle Market Lending Manager jobs at Popular Companies
QNB Corporate Business AVP
- Bank of China USA
-
New York, NY
- Job Purpose: This incumbent will maintain comprehensive knowledge of the commercial banking, especially on Small and Med...
- 6/11/2024 12:00:00 AM
VP, Financial Consultant - Westlake, TX (Midsouth II)
- Hiring Now!
-
Roanoke, TX
- Position Type: Regular Your opportunity At Schwab, youre empowered to make an impact on your career. Here, innovative th...
- 6/11/2024 12:00:00 AM
VP, Financial Consultant - Novi, MI
- Hiring Now!
-
Lake Orion, MI
- Position Type: Regular Your opportunity At Schwab, youre empowered to make an impact on your career. Here, innovative th...
- 6/11/2024 12:00:00 AM
Sr. Vice President of Lending
- DuPage Credit Union
-
Naperville, IL
- Job Description Job Description DuPage Credit Union has been serving the financial needs of our members since 1956. With...
- 6/10/2024 12:00:00 AM
Commercial Lending Manager
- Top Notch Personnel
-
Wichita, KS
- Job Description Job Description Elevate Your Leadership as a Commercial Lending Manager! Our Commercial Lending manager ...
- 6/9/2024 12:00:00 AM
Corporate Banking Quality Control Unit VP
- Bank of China USA
-
- Job Description The incumbent will implement and maintain all aspects of business procedures under the guidance of the B...
- 6/7/2024 12:00:00 AM
Principal Lending Manager, Retail Mortgage Division
- Primary Residential Mortgage
-
Millcreek, UT
- Primary Residential Mortgage, Inc. (PRMI) is expanding its operations in Utah, and seeks a Prinipal Lending Manager of R...
- 6/7/2024 12:00:00 AM
Home Lending Support Manager- South/Central Florida Region
- JPMorgan Chase
-
Miami, FL
- Job Description:As part of Home Lending's Business Development team, the HLSM joins a team of HLSMs supporting the One C...
- 6/7/2024 12:00:00 AM
About Illinois
Illinois (/ˌɪlɪˈnɔɪ/ (listen) IL-ih-NOY) is a state in the Midwestern and Great Lakes region of the United States. It has the fifth largest gross domestic product (GDP),
the sixth largest population, and the 25th largest land area of all U.S. states. Illinois is often noted as a microcosm of the entire United States. With Chicago in northeastern Illinois, small industrial cities and immense agricultural productivity in the north and center of the state, and natural resources such as coal, timber, and petroleum in the south, Illinois has a diverse economic base, and is a major transportation hu...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Middle Market Lending Manager jobs
$113,953 to $155,084
Most Popular Cities in Illinois for Middle Market Lending Manager Jobs
What does a Middle Market Lending Manager do?
Middle Market Lending Manager in Knoxville, TN
NepFin CEO Albert Periu explains how technology can address the lending “gap” that currently bedevils these firms, overlooked by traditional lenders, as they seek to grow their top lines.
January 11, 2020
Middle Market Lending Manager in Springfield, MO
Specific needs of a client must be reviewed and assessed before determining the proper investment objective and asset allocation which may be adjusted to market circumstances.
February 12, 2020
Middle Market Lending Manager in Rapid City, SD
That means allowing middle-market companies to retain their relationships with the traditional FIs they already work with, while also filling in that “white space” and injecting automation into the lending process that many FIs today simply cannot do.
February 24, 2020