Banking Loan Manager Commercial Salary in West Chicago, Illinois

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Average Salary for Banking Loan Manager Commercial in West Chicago, Illinois

The average salary of a(n) Banking Loan Manager Commercial in West Chicago, Illinois is $136,733.

The average hourly rate of a(n) Banking Loan Manager Commercial in West Chicago, Illinois is $65.74.

The average bonus of a(n) Banking Loan Manager Commercial in West Chicago, Illinois is $13,085.00.

Job Description:

Manages commercial loan department of a financial institution. Coordinates activities to implement institution's commercial loan policies, procedures, and practices concerning granting or extending lines of credit and loan activities. Develops or approves commercial lending policies and interest rate structures. NOTE: ERI's findings based on asset size. Authorizes loans that exceed staff authority. Provides subordinate officers with functional guidance. Reviews loan applications for completeness. Analyzes applicant's financial status, credit, and property evaluation to determine feasibility of granting loan request. May correspond with or interview applicants or creditors to resolve questions regarding application. Contacts customers, businesses, and community and civic organizations to promote goodwill and generate new business. May prepare financial and regulatory reports required by law, regulations, and Board of Directors. May examine and evaluate loan applications. May interview and hire workers. May evaluate data pertaining to costs to plan budget. May plan and develop methods and procedures for carrying out activities of department. Less

Manages commercial loan department of a financial institution. Coordinates activities to implement institution's commercial loan policies, procedures, and practices concerning granting or extending lines of credit and loan activities. Develops or approves commercial lending policies and interest rate structures. NOTE:... More

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Results for Banking Loan Manager Commercial in West Chicago, Illinois

Small Business Banking Officer - Hinsdale, IL

BMO Financial Group

Extensive knowledge of business banking, retail banking and product offerings; Bachelors’ degree or equivalent + 5-7 experience in negotiating and structuring...

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Financial Center Manager Associate - Geneva, IL

Fifth Third Bank

Understand the complete consumer / commercial loan process. Develop and maintain close relationships with assigned business partners, such as Mortgage Loan...

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Senior Regional Fraud Risk Manager- Commercial Banking - Arlington Heights, IL

HSBC

Conduct Non-Performing Loan and in-country loan book/process reviews to establish the extent of trade and commercial fraud and control failures....

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Financial Center Manager II - Rolling Meadows, IL

Fifth Third Bank

Ensure that the financial center provides thepublicwith banking services, credit decisions, and service for consumer and commercial loans....

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Field Credit Division Manager - Rosemont, IL

MB Financial

Candidates for the Field Credit Division Manager position should have a minimum of seven years’ experience participating directly in the loan origination...

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