VP Loan Administration - To 120K - Downers Grove, IL - Job 3753
VP Loan Administration – To $120K – Downers Grove, IL – Job # 3753
Who We Are
The Symicor Group is a boutique talent acquisition firm based in Schaumburg, IL & Rockport, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!
We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.
The Position
Our bank client is seeking to fill a VP Loan Administration role in the Downers Grove, IL area. The position is responsible for overseeing Commercial Loan Operations, ensuring strong loss‑prevention controls, data integrity, and regulatory compliance. This role combines strategic oversight with hands‑on leadership and collaboration across the Bank.
The opportunity has a generous salary of up to $120K plus generous incentives and a benefits package. (This is not a remote position.)
VP Loan Administration responsibilities include:
Oversee loan documentation, funding, and post‑funding compliance, including enforcement of loan terms
Manage collateral services, trailing documents, participations, and tickler systems
Provide leadership and guidance to Loan Administration staff, including training, workflow oversight, and performance input
Manage loan document imaging and scanning operations, ensuring data accuracy and system integrity
Lead and support Credit Administration risk management, ensuring loans are documented, funded, and administered in accordance with approvals and policy
Conduct final reviews and approvals for loan booking, construction loan funding, draw requests, interest reserves, and authorizations
Act as administrator for LaserPro and Baker Hill Tickler systems, monitoring updates and compliance
Oversee real estate tax escrows and annual escrow analyses
Serve as a key liaison between Loan Administration and other Bank departments
Coordinate and support regulatory exams and internal audits, including preparation of reports and examiner requests
Contribute to policy development, documentation of procedures, and continuous improvement initiatives
Participate in special projects and bank‑wide initiatives as assigned
Who Are You?
You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.
You also bring the following skills and experience:
Bachelor’s degree or equivalent experience in commercial loan documentation
Strong organizational, communication, and leadership skills
Proven ability to manage multiple priorities in a deadline‑driven environment
Advanced computer skills, including LaserPro documentation software