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Vice President SBA Commercial Loan Officer

Devon Bank
Posted 2 months ago, valid for 8 days
Location

Chicago, IL, US

Salary

$140,000 - $165,000 per year

Contract type

Full Time

Life Insurance

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Sonic Summary

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  • Devon Bank is seeking a Vice President SBA Commercial Loan Officer to join their team, emphasizing a culture of diversity and support.
  • The role involves identifying and meeting with clients for commercial loans, focusing on SBA 7(a) and 504 loan programs, and analyzing financial data for credit worthiness.
  • Candidates must have a Bachelor's degree and prior experience as an SBA or C&I Commercial Loan Officer or SBA Commercial Portfolio Manager.
  • The position offers a base salary ranging from $140,000 to $165,000, depending on experience, along with comprehensive benefits.
  • Devon Bank is an Equal Employment Opportunity and Affirmative Action employer, committed to diversity and inclusion in the workplace.

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:


We are committed to providing pay and benefits that help employees stay healthy, supported, and prepared for the future.


Some of these include: 

  • UnitedHealthcare (UHC) Medical coverage
  • Dental and Vision coverage through Guardian
  • Employer-paid Life Insurance, plus Short- and Long-Term Disability
  • 401(k) with employer match
  • Voluntary, employee-paid options such as legal coverage, accident insurance, pet insurance & more

Base pay of $140,000 to $165,000 depending on experience


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.




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