Commercial Banking Relationship Manager Job at Valley Bank, Chicago, IL

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  • Valley Bank
  • Chicago, IL

Job Description

Job Overview

The Comm Bnkg. Relationship Managers main responsibility is business development, credit quality, relationship development and retention and to be a liaison with other business line partners to meet their clients’ Banking needs.

Responsibilities include but are not limited to:

  • Maintain and service assigned portfolios and appropriately cross sell other bank products.
  • Maintain close customer contact to ensure continued satisfaction and to follow or anticipate additional financing needs.
  • Monitor and report changes in credit quality.
  • Negotiate to properly structured and priced credit facilities consistent with the bank's credit policies and lending practices.
  • Prepare effective packages for credit approval circulation and to present packages to the required level of credit authority.
  • Attend loan closings to ensure loans are properly closed.
  • Oversee proper handling of customer transactions such as advances, payments, wire transfers, etc.
  • Ensure that the bank is in possession of current financial information and that the information has been properly analyzed and on file.
  • Maintain and follow a list of prospective customers.
  • Develop and maintain new business sources.
  • Solicit new business opportunities.
  • Valid Driver's License required.

Required Skills:

  • Knowledge of credit underwriting, basic accounting and loan documentation.
  • Proficient computer skills using Microsoft Word, Excel and Outlook.
  • Good level of interpersonal and social skills needed to interact with customers or prospective clients.
  • Good time management skills.
  • Good mathematical skills.
  • Ability to sell, negotiate and meet sales goals.
  • Good credit and administrative skills.
  • Ability to write reports and business correspondence.
  • Ability to effectively present information and respond to questions.

Required Experience:

  • High School Diploma and a minimum of 10 years related experience or Bachelor's Degree in a related field with commensurate experience.
  • Community and/or industry involvement in territory.
  • Bachelors Degree with more than 10 years related experience preferred.

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