Commercial Lending Department Manager

at First Bankers Trust Company, N.A. in Quincy, Illinois, United States

Job Description

Job Details
Job Location
12th Broadway - Quincy, IL

Position Type
Full Time

Education Level
4 Year Degree  Travel Percentage
Up to 25%

Job Shift
Mon - Fri Days

Job Category
Banking

Job Summary & Key Accountabilities

First Bankers Trust Company is offering a fast-paced job opportunity for interested candidates! Apply today to secure a fulfilling career along with these additional perks:
Comprehensive, value-added career opportunities
Focus on career development, broad exposures, and learning new things daily
Opportunities to help others and make a difference in the community
Opportunities to participate in special interest groups, such as Women's Leadership or Young Professionals, or one of our Employee Resource Groups
Competitive full benefits package including HSA with investment options, 401K with match, and profit sharing
Vacation and PTO time reflective of your experience
Volunteering time off of 12 hours per year
Hybrid/remote work schedule in alignment with our e-commuting policy
Access to a library over 6,000 personal and professional development on-line courses, hosted by Udemy Business
Participation in our company-wide employee wellness incentive program, and the ability to earn a discount on your next year's premiums

The Commercial Lending Department Manager will oversee the operations of the Lending Department. This role is responsible for managing, mentoring, and developing the team, ensuring that all commercial lending activities are performed in accordance with bank policies, procedures, and regulatory requirements. Additionally, the Commercial Lending Department Manager is tasked with developing and managing a loan portfolio with total commercial assets of $25MM to $50MM, fostering strong relationships with clients, and contributing to the overall growth and profitability of the bank.
Department Management:
Supervise and lead a team of 5-7 commercial lending professionals.
Provide training, guidance, and performance evaluations for team members.
Ensure efficient and effective operations within the department.
Develop and implement departmental policies and procedures.
Monitor and manage the department's budget.
Loan Portfolio Management:
Build and maintain a commercial loan portfolio ranging from $25MM to $50MM.
Identify and develop new business opportunities.
Assess and analyze creditworthiness of potential borrowers.
Prepare, review, and approve loan applications and documentation.
Monitor existing loan accounts for compliance and performance.
Client Relationship Management:
Foster and maintain strong relationships with clients and prospects.
Provide exceptional customer service and support.
Conduct client visits and business development activities.
Collaborate with other departments to meet client needs.
Risk Management and Compliance:
Ensure all lending activities comply with bank policies, procedures, and regulatory requirements.
Identify and mitigate risks associated with lending activities.
Conduct regular reviews and audits of loan portfolios.
Stay updated on industry trends and regulatory changes.
Strategic Planning and Execution:
Participate in planning sessions with the Market President.
Develop and implement tactics in alignment with market strategy to achieve departmental and organizational goals.
Contribute to the overall growth and profitability of the bank.
Prepare and present reports on department performance to senior management.
Key Competency Requirements

Bachelor's degree in Finance, Business Administration, or a related field.
Minimum of 7-10 years of experience in commercial lending, with at least 3-5 years in a managerial role.
Proven track record of building and managing a commercial loan portfolio.
Strong knowledge of banking regulations and compliance requirements.
Excellent leadership, communication, and interpersonal skills.
Ability to analyze financial statements and assess creditworthiness.
Proficient in using banking software and Microsoft Office Suite.
Strong business development and relationship management skills.
Competencies:
Leadership and Team Management
Strategic Thinking and Planning
Risk Management and Compliance
Customer Focus and Relationship Building
Financial Analysis and Credit Assessment
Problem Solving and Decision Making
Excellent Communication and Negotiation Skills
Work Environment:
Office setting with occasional travel for client visits and business development... For full info follow application link.

First Bankers Trust Company is an equal opportunity employer and supports diversity in the workplace. Qualified applications will receive consideration for employment without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Our HR team will reach out to the applicants who meet the qualifications and are most closely aligned with the requirements of the position.