Job 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!

Position Overview

This position is responsible for growing and retaining profitable relationships within Community Banking through Middle Market segments, i.e., companies with annual revenues up to $50 million.

This is accomplished by focusing on the delivery of value-added financial solutions to clients and prospects that will help them reach their goals and maximize the Bank's revenues over the life of the relationship. Incumbents at this level are expected to manage a portfolio of $25 million+ and prospect for loans up to $20 million range. Incumbents are expected to grow their book of business with an emphasis on holistic client relationships that includes lending, deposit and cross sale opportunities.

The lending goals are generalist including C&I and Commercial Estate Loans. Incumbents at the AVP level are expected to book a minimum of $4-$8 million, and at the VP level to book $5-$10 million in loans.

Essential Job Functions

• Builds relationships with customers and prospects to thoroughly evaluate their commercial banking needs. Major focus will be lending with additional emphasis on cross-selling Cash Management products, Retail Banking and Mortgage products, and Wealth Management services.
• Closely assesses business opportunities to ensure that the potential business follows prescribed profitability standards.

• Creates and executes comprehensive business/calling/prospecting plan to maximize business opportunities and relationships.
• As a seasoned lender, incumbent is expected to prospect for solid credits and relationships in markets that are inside and outside the Bank's historical footprint.
• Responsible for expanding Centers of Influence base via ongoing, results-oriented community networking.
• Builds internal relationships with non-Commercial business unit representatives by inviting them out on appropriate client calls and working collaboratively to meet the banking needs of middle market customers.
• May partner with manager to coach/mentor more junior lenders.

Minimum Requirements - AVP Level

Undergraduate degree in Business or related field and three or more years of experience in a commercial banking role with a proven track record of successful business deals that feature total relationships; or equivalent combination of education and experience.

Minimum Requirements - VP Level

Undergraduate degree in Business or related field and five or more years of experience in a commercial banking role with a proven track record of successful business deals that feature total relationships; or equivalent combination of education and experience.

Competencies

• Proven relationship management skill and the ability to establish rapport with business owners.
• Quantifiable credit skills and a proven sense of discernment about credit quality.
• The ability to comprehensively understand the banking/financial needs of current and prospective customers.
• Ability to develop comprehensive, results-oriented business plans that emphasize calling, prospecting and customer retention.
• Excellent written and verbal communication skills as well as strong listening skills.

This job description is not intended to be all-inclusive. Employee may perform other duties as assigned to meet the ongoing needs of the organization.

Note: Job levels and hiring decisions are based upon both the business needs of the department and the qualifications of the incumbent. In some cases, an incumbent may meet the requirements the senior level but may be hired in at a lower level based upon business needs and staffing dynamics.

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Location Details : Incumbent may work at any of these onsite locations: Wheaton, Bolingbrook, St. Charles or Oakbrook

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 of the role. Actual schedule requirements may vary based upon business needs.

Compensation & Benefits

AVP Level

Base pay: $86,000 - $115,000

Officer Bonus Eligible: Eligible to participate in the Annual Officer Incentive plan with a target bonus up to 40% of base salary based various performance components.

VP Level

Base Pay: $108,000 - $147,500

Benefits: How We Support You - Old Second

Thanks for considering Old Second!

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