First MidIllinois Bancshares, Inc

Commercail Loan Officer, SVP

First MidIllinois Bancshares, Inc • $500K+*
St. Charles, IL 60174In-Person
Finance & Insurance
5 - 7 years of experience
1 month ago
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance or Business Administration, or equivalent specialized training in lending and bank management.
  • 7+ years of experience in commercial lending, specifically in commercial real estate (CRE) and commercial and industrial (C&I) lending.
  • Thorough knowledge of the bank's products and services.
  • Strong analytical skills for loan analysis and tracking market trends.
  • High interpersonal skills for professional customer interaction.
  • Knowledge of internal policies, procedures, and relevant laws and regulations.

Responsibilities

  • Develops and manages agricultural, SBA, commercial, and real estate loans while maximizing profitability and minimizing risk.
  • Ensures the loan portfolio maintains high asset quality, monitoring delinquency and communicating with supervisors for effective credit management.
  • Supervises and grows individual loan and commercial deposit portfolios while enhancing customer satisfaction and retention.
  • Solicits new customers and negotiates competitive loan rates and terms, fostering new business opportunities.
  • Analyzes credit applications and financial statements to evaluate loan risk within a specified lending limit, recommending actions to the loan committee as needed.
  • Participates in bank committees and contributes to community engagement by attending relevant events and professional associations.
  • Completes necessary training and performs related duties as assigned.

Benefits

  • Comprehensive health, dental, and vision coverage with HSA match.
  • 401(k) with employer match and an employee stock purchase plan.
  • Generous paid time off, holidays, and parental leave.
  • Tuition reimbursement for professional development and performance-based bonuses.
  • Access to a detailed Total Rewards page for additional benefits information.
Full Job Description
Develops, manages, and grows agricultural, SBA, commercial, and/or commercial real estate loans that meet established commercial lending criteria and provide maximum profitability to the Bank at minimum risk. Develops and increases commercial and retail deposit accounts.

Responsibilities include, but are not limited to:
  • Ensures the asset quality of the assigned loan portfolio. Reviews delinquency reports with direct supervisor to ensure proper collection efforts are being utilized to manage the credit risk of the portfolio. Maintains low loan delinquency and ensures that there are no administrative past due loans. Communicates timely and in a comprehensive manner with their supervisor concerning any credit that is experiencing stress.
  • Manages, supervises, and grows individual loan and commercial deposit portfolios. Develops and maintains existing customer base and builds customer satisfaction and confidence in the Bank. Works effectively with personnel in the Credit Administration Department.
  • Solicits new customers and negotiating rate and loan terms (for both new and renewal loans) in a competitive and price sensitive environment.
  • Cross-sells other bank services to customers i.e. retail deposits, cash management, retail lending and wealth management services.
  • Working with a predetermined lending limit, analyzes customer credit applications; balance sheets and profit and loss statement; and cash flow projections in order to make sound loan decisions and predict future repayment capacity. Coordinates these efforts with personnel in the Credit Administration Department. Make recommendations to loan committee on new and renewal loans for amounts above lending limit
  • Participates as a member of various Bank committees as assigned.
  • Represents the Bank and provide leadership in key community activities and committees. Participate in professional associations; attend conventions, conferences and seminars.
  • Completed required training associated with job function.
  • Performs related duties as assigned.

Qualifications

Education/Experience:
  • Bachelor's degree in Finance or Business Administration or the equivalent of specialized training in commercial and/or consumer lending and overall bank management
  • 7+ years of experience in commercial lending with relevant knowledge of CRE and C&I lending.

Skills:
  • Thorough knowledge of Company's products and services
  • High level of analytical skills to conduct loan analysis and maintain loan's progress in consideration of market trends, credit/interest rates, economic conditions and other factors.
  • High level of interpersonal skills to interact with customers and potential customers in a professional manner.
  • Adequate knowledge of both internal policies and procedures and the respective state and federal laws and regulations governing departmental functions to ensure performance of individual job duties within the proper control environment.


Total Rewards:
  • Competitive health, dental & vision coverage with HSA match
  • 401(k) with employer match + Employee Stock Purchase Plan
  • Generous PTO, paid holidays & parental leave
  • Tuition reimbursement & performance-based bonuses
  • Visit our Total Rewards page to see our full list of benefits


Pay Range: $120,000 - $170,000 per hour

About First MidIllinois Bancshares, Inc

MidFirst Bank is a privately owned financial institution based in Oklahoma City, Oklahoma. It is the largest privately owned bank in the United States, with $32.1 billion in assets. Its primary markets include Oklahoma, Denver, Phoenix and Dallas, with commercial lending offices in Atlanta, Boston, Chicago, Cleveland, Houston, New York City, St. Louis, and Southern California. MidFirst Bank has banking centers in Boulder and Edwards, Colorado. Additionally, the bank operates 1st Century Bank of Los Angeles as a division of MidFirst Bank and MidFirst Business Credit of Atlanta as a subsidiary of MidFirst Bank.
Learn more about First MidIllinois Bancshares, Inc
Size
1,050 employees
Market Cap
$655.1 million
Industry
Finance & Insurance
Net Income
$45.2 million
5 Year Trend
+19.4%
NASDAQ
FMBH
* Ladders Estimates
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