Managing Director, Community Banking
Apply NowCompany: Old Second Bancorp, Inc.
Location: Elgin, IL 60120
Description:
Who We Are
At Old Second, you're first! For more than 150 years, Old Second has consistently put businesses and individuals throughout the Chicago area first, and we're only getting started.
With great employees we've grown from a single location in the back of a general store to 50 locations and over $6 billion dollars in assets. At Old Second we embrace values that foster an environment of community and growth. Recently, we've been voted a Forbes Best-In-State Bank for Illinois by our customers. Be a part of something big as we continue our growth story together!
Old Second is seeking a producing Commercial Banking manager to lead a small team of Commercial Bankers in the Greater Chicagoland area. This is a hybrid role with an opportunity to office in any of Old Second's many branch locations.
Position Overview
The Managing Director, Community Banking is a producing manager who is responsible for managing a small team of Community Bankers within the Greater Chicago geographic region. This role is responsible for growing and retaining profitable relationships within the Community Banking through Middle Market segments (Companies with annual revenues up to $50 million).
The Managing Director produces and oversees book growth with an emphasis on holistic client relationships that include lending, deposit and cross sale opportunities.
Essential Job Functions
Minimum Requirements
Competencies
Preferred, but not required
Location Details
This position is considered a hybrid role. With management approval, an incumbent may work a combination of remote and onsite work to perform the regular responsibilities. Actual schedule requirements may vary based upon business needs. Onsite location options are available in most of the Old Second branch footprint. Click here for our branch footprint: Locations - Old Second
Compensation & Benefits
Annualized Base pay: $143,000-$190,000
Old Second is committed to fair and equitable pay practices. Pay is dependent upon the pay range and the incumbent's knowledge, skills and experience.
Officer Bonus Eligible: Eligible to participate in the Annual Officer Incentive plan with a target bonus up to 40% of base salary based upon various performance components.
Benefits: How We Support You - Old Second
Thanks for considering Old Second!
At Old Second, you're first! For more than 150 years, Old Second has consistently put businesses and individuals throughout the Chicago area first, and we're only getting started.
With great employees we've grown from a single location in the back of a general store to 50 locations and over $6 billion dollars in assets. At Old Second we embrace values that foster an environment of community and growth. Recently, we've been voted a Forbes Best-In-State Bank for Illinois by our customers. Be a part of something big as we continue our growth story together!
Old Second is seeking a producing Commercial Banking manager to lead a small team of Commercial Bankers in the Greater Chicagoland area. This is a hybrid role with an opportunity to office in any of Old Second's many branch locations.
Position Overview
The Managing Director, Community Banking is a producing manager who is responsible for managing a small team of Community Bankers within the Greater Chicago geographic region. This role is responsible for growing and retaining profitable relationships within the Community Banking through Middle Market segments (Companies with annual revenues up to $50 million).
The Managing Director produces and oversees book growth with an emphasis on holistic client relationships that include lending, deposit and cross sale opportunities.
Essential Job Functions
- Assumes overall management responsibility for the profitable commercial loan growth for area or region of responsibility.
- Collaborates with team to create comprehensive business plan, monitor plan results, and maintain or modify plan as indicated.
- Overall responsibility for human resource management activities within area or region of responsibility, including: performance management, recruitment, selection, and hiring, etc.
- Functions as primary sales coach for lenders, utilizing Situational Leadership II concepts and techniques. Coaches on both sales techniques and credit analysis.
- Serves as sounding board and gatekeeper for lenders on deals and viability of credits, to ensure compliance with organizational credit and other policies and procedures.
- Participates in business development activities and maintains own production goals and book of business.
- Serves as the "face of the community" through the establishment and nurturing of local centers of influence, networking groups, boards, chambers, etc.
Minimum Requirements
- Bachelor's degree in related area of study and eight years in Commercial Banking in positions of increasing responsibility including experience with customers who are both geographically relevant and who are within the scope of Old Second's target Commercial clients.
Competencies
- Proven relationship management skill and the ability to establish rapport with business owners.
- Leadership qualities including a high degree of influence of employees, business partners, and customers
- Well defined knowledge and understanding of credit and credit quality, as well as the ability to comprehensively understand the banking/financial needs of current and prospective customers.
- Experience calling on new customers and prospects.
- Excellent written and verbal communication skills as well as strong listening skills.
Preferred, but not required
- Three years management experience leading a team of production-oriented/sales driven lending executives.
Location Details
This position is considered a hybrid role. With management approval, an incumbent may work a combination of remote and onsite work to perform the regular responsibilities. Actual schedule requirements may vary based upon business needs. Onsite location options are available in most of the Old Second branch footprint. Click here for our branch footprint: Locations - Old Second
Compensation & Benefits
Annualized Base pay: $143,000-$190,000
Old Second is committed to fair and equitable pay practices. Pay is dependent upon the pay range and the incumbent's knowledge, skills and experience.
Officer Bonus Eligible: Eligible to participate in the Annual Officer Incentive plan with a target bonus up to 40% of base salary based upon various performance components.
Benefits: How We Support You - Old Second
Thanks for considering Old Second!