New

AVP/VP Portfolio Manager (Healthcare Commercial Banking)

Old Second National Bank
United States, Illinois, Chicago
Dec 11, 2025
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 The Healthcare Portfolio Manager is responsible for supporting a HC Banking Team with client portfolio management including: tracking, collecting & monitoring financial data, covenant testing, Term Loan Review preparation and corresponding with clients and outside counsel as appropriate. Regularly interacts with internal Commercial Relationship Managers & Credit teams internal/external business partners, outside attorneys, and closers. Primary Job Functions Builds relationships with customers and prospects to thoroughly evaluate their commercial banking needs. Some focus will be lending with additional emphasis on cross-selling Cash Management products, Retail Banking Engages in portfolio and risk management of banking team clients ensuring compliance with bank credit policies and procedures. Engages in co-management of client relationships with a focus on client financial analysis. Tracks and monitors completion of required covenant testing and annual Term Loan Review preparation via Bank's credit underwriting group. Supports the Loan renewal process by collecting and reviewing client financial information to support approvals. Prepares CAMs with credit oversight. Assesses and clears past due collateral exceptions. Partners with Commercial Relationship Manager liaising with bank clients, the Commercial Credit team, Commercial support/operations and internal/external business partners. Secondary Responsibilities: In partnership with Commercial Relationship Manager, identifies and engages with clients in support of Bank's portfolio management efforts. Participates in loan approval process by contributing to the creation of Loan Committee presentations. May visit clients with Commercial Relationship Manager as appropriate. Work closely with Banking Team CLA's to clear exception items, board new business and move client relationships forward. Minimum Requirements AVP Level Internal Applicants Bachelor's degree in Accounting, Business, Finance or related field and three or more years of formal commercial credit experience required. External Applicants Bachelor's degree in Accounting, Business, Finance or related field and three or more years of formal commercial credit experience required. External candidates must have some direct experience in lending/credit focused in the healthcare specialty. VP Level Internal Applicants Bachelor's degree in Accounting, Business, Finance or related field and five or more years of formal commercial credit experience. External Applicants Bachelor's degree in Accounting, Business, Finance or related field and five or more years of formal commercial credit experience required. External candidates must have some direct experience in lending/credit focused in the healthcare specialty. Competencies: Working knowledge of balance sheets and income statements Proficient in Microsoft Office (Word, Excel, PowerPoint, Outlook) General Banking (Credit/Debit) knowledge Working knowledge of credit u/w documents Familiarity of Commercial underwriting guidelines Consultative skills and client relationship management 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 of the role. Actual schedule requirements may vary based upon business needs. Onsite work is performed at the Chicago - Wacker location. 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 of an AVP or VP level role but may be hired in at a lower level based upon business needs and staffing dynamics. Compensation & Benefits AVP Level: Base pay: 78,000 - $105,000 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. VP Level Base Pay: $95,000 - $135,000 Officer Bonus Eligible: Eligible to participate in the Annual Officer Incentive plan with a target bonus up to 25% of base salary based various performance components. Benefits: How We Support You - Old Second Thanks for considering Old Second!