MB Financial Bank Healthcare Banking Officer (Portfolio Management) - Lincolnwood or West Loop in Chicago, Illinois
The Healthcare Banking Officer collaborates with the daily management of an assigned portfolio of healthcare loans including the processing borrower requests while balancing credit risk. Responsibilities include but are not limited to analyzing financial statements, preparing financial models, processing borrowing bases as applicable, verifying compliance certificates, ensuring compliance with “Know Your Customer” guidelines, and preparing credit memos in accordance with loan documents, credit guidelines and policy. The Healthcare Banking Officer will be involved with significant client contact.
**ESSENTIAL DUTIES AND RESPONSIBILITIES
Monitors timeliness of reporting, tickler information and ensures bank has current and accurate information to make decisions and remain expert on the credit and legal files.
Maintains up-to-date trend cards, credit files and legal files through the bank’s resources.
Reviews financial statement spreads for accuracy and raises issues/questions to management on a timely basis.
Prepares financial models as needed for new underwriting requests.
Prepares credit memos per division guidelines and policy.
Develops and maintains internal relationships following established processes and procedures.
Notes negative collateral and/or financial performance trends early while working with a Managing Director to execute on a strategy for a satisfactory outcome to the bank.
Provide assistance in portfolio reporting as requested by a Managing Director or Head of Portfolio Management
Continue education of the healthcare industry including regulatory, reimbursement and transactional changes and trends. Attend industry conferences and client meetings as requested.
Identify cross-selling opportunities of bank offerings, products and services to clients and prospects.
Mentor analysts assigned to the division.
Understands and complies with all Bank policies and procedures, and federal and state laws and regulations pertinent to this position; stays informed and shares updates on changes with management. Required to successfully complete all required Compliance training.
Continuously supports the Bank’s Mission Statement and Core Values.
Job has no direct supervisory responsibilities.
**_Education and Work Experience
Bachelor's degree in finance, accounting or business is preferred.
1 to 2 years of underwriting or portfolio management experience; or equivalent combination of education and experience.
Experience preferred in the healthcare industry but not required.
Certificates and Licenses**
**_Job –Specific Knowledge Required
Credit -Knowledge of one or more of the following: commercial and consumer credit regulations, policies, and procedures; loan analysis, financial statement analysis, collateral review, legal structure understanding.
Customer Service -Highly professional demeanor with excellent communication skills and etiquette in verbal and written forms. Utilizes various interpersonal styles and communication methods to positively assist and influence customers.
Finance & Accounting -Basic knowledge of accounting principles, bank accounting and general ledgers, operating procedures within accounting/finance area, applicable laws, regulations and practices, financial markets, financial analysis, and reporting of financial data.
Loan Documentation –Ability to read and interpret commercial loan documents and a solid understanding of loan/ banking terms **
Sales –Demonstrates knowledge in the following skills: client interviewing, sales, cross selling, consultative sales, proposals preparation, and presentation.
To perform the job successfully, an individual should demonstrate the following competencies.**_
Strong Fluency user of Windows applications and Microsoft Office programs such as MS Project, Word, Excel and PowerPoint.
Accurately inputs information into and retrieves from the computer.
Quickly learns and achieves proficiency in new software applications as needed.
Demonstrates ability to create complex formulas and spreadsheets in MS Excel; create queries in company software applications
Understands and is familiar with the most widely known and emerging tools, technologies and social applications.
Identifies and resolves problems.
Demonstrates attention to detail
Demonstrates strong math aptitude.
Identifies opportunities to increase accuracy and optimize resources and develops / recommends / implements solutions.
Strong aptitude for understanding and analyzing large amounts of data from multiple sources.
Performs complex analysis of data, processes, policies, procedures and/or systems.
Produces unambiguous, comprehensive and accurate interpretations.
Develops insightful, value-added and actionable analyses with detailed explanations regarding drivers of those results.
Writes clearly and informatively. Edits work for spelling and grammar.
Presents organized and thorough information and data appropriate for intended audience on a timely basis.
Excellent negotiation skills to deal effectively with individuals and groups within and outside the organization.
Utilizes variety of interpersonal styles and communication methods to effectively adapt to new work structures, processes, or cultures.
Demonstrates group presentation skills and negotiation skills to deal effectively with individuals and groups within and outside the organization.
Time Management Skills__**
Demonstrates follow-up skills.
Provides timely and professional support to all internal/external customers and vendors.
Prioritizes regular workload, special tasks and concurrent projects, allocating time and resources to ensure that work is completed accurately and efficiently within established time frame.
Self-motivated. Works with minimal supervision.
Consults with Team members and management as needed to complete assigned responsibilities.
Establishes and maintains effective, collaborative work relationships both internally and externally.
**PHYSICAL DEMANDS & WORK ENVIRONMENT
While performing the duties of this Job, the employee is regularly required to use hands to finger, handle, or feel; and to talk or hear.
The employee is frequentlyrequired to sit.
Spends most of day on phone
- Office / cubicle work space with moderate noise level.
_Hours of Work
- Extended hours which may include nights and weekends on an as-needed basis.
Stress levels may increase due to seasonality and/or special projects and/or during peak times.
Job can be fast-paced and deadline sensitive.
MB Financial is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class._
As a part of the MB Financial hiring process all applicants will be required to submit to and pass a pre-employment urine drug screening.