First Illinois Ag Group · 13 hours ago
Commercial Banking Officer Development Program - Banker Track
Champaign - Park Avenue - Champaign, IL 61820
Full-time
Onsite
New Grad, Entry Level
$55K/yr - $60K/yr
0+ years expFirst Illinois Ag Group is focused on launching and advancing careers in the financial industry. The Commercial Banking Officer Development Program is designed to train new bankers in financial statement analysis, credit underwriting, and relationship development, preparing them for a successful career in commercial banking.
FinanceProperty ManagementReal Estate
No H1B
Responsibilities
Spread financial statements; prepare Extended Ratio, Cash Flow, and Collateral Analyses; prepare the quarterly M-Track monitoring reports; prepare credit approval documents; and assist with special projects and research as assigned
Managing and administering a portfolio of loans; also serving as a central point of contact for lending customers’ cash management and other banking needs
Handling loan requests, taking loan applications and interfacing with the customer/applicant to facilitate a complete loan application
Performing (with the assistance of the Credit Department, as appropriate) preliminary analyses of loan requests and recommending an appropriate response (i.e. approval, decline, counter-proposal, etc.) for bank management’s consideration; discussing the credit decision with the applicant/customer
Developing new business by calling on businesses, accountants, attorneys, and other centers of influence in the community
Maintaining excellent credit quality through careful monitoring of existing loans, tracking receipt of timely financial information, and verifying compliance with financial covenants; monitoring loan grades based on customer financial performance as well as industry and other considerations
Participating actively in community organizations and being visible at community events
Assisting other bankers with loan closings, loan administration, and special projects as needed
Qualification
Required
Bachelor's degree in finance or another business-related program
Ability to multi-task and prioritize
General understanding of financial statements
Attention to detail and deadlines
Strong work ethic
Excellent verbal and written communication skills
Service propensity
Legally authorized to work in the United States and should not require, now or in the future, sponsorship for employment visa status
Preferred
Business major (economics, finance, or accounting preferred)
Master's degree candidates are welcome to apply but must have one year or less of prior professional experience
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Group Term Life Insurance
Short Term Disability
Long Term Disability
Flexible Spending Account
Health Reimbursement Account
Paid Holidays
Paid Time Off
Volunteer Time
Bereavement Time
Employee Assistance Program
401(k) Retirement Plan
Company
First Illinois Ag Group
First Illinois Ag Group provides a full range of professional agricultural services, including farm management & farm appraisals.
2-10 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase