We will consider candidates near our Itasca IL office

Position Overview:

The credit manager is a high-level position within Commercial Finance. This position includes developing, managing, and leading the credit underwriting function for the Industrial vertical. The corresponding responsibilities will support the goals and initiatives outlined by senior executives within the company.

Commitment to Internal Control:

The incumbent accepts the responsibility for establishing and maintaining the internal control system associated with the essential duties and responsibilities of the functional areas that the incumbent manages.

Essential Duties and Responsibilities:

(List in order of time spent)

• Manage the underwriting responsibilities to support the Industrial vertical.
• Proficient in the understanding and analysis of financial statements and tax return data
• Prior underwriting experience within the Industrial industry strongly preferred (machine tools, fabrication, printing, packaging, and woodworking equipment ideally)
• Recruit, train and mentor staff.
• Oversee the decisioning of transactions within an appropriate time frame.
• Maintain pricing discipline as outlined by Risk Management.
• Adjudicate transactions to present to credit committee for senior executive review.
• Present transactions, that exceed credit authority, to the Vice President – Credit for review
• Communicate with “Clients” (sales, vendors, potential and existing customers) in a professional manner.
• Work across functions, with peers in other departments, for strategy development and execution planning
• Communicate goals and company performance to your staff.
• Travel, when requested, to visit with Clients.
• Advocate to support initiatives outlined by senior executives.
• Initiate process improvements for underwriting larger exposure transactions.
• Ensure clarity around policy and procedures.
• Performs other related duties as assigned by management.

KPI’s (Key Performance Indicators):

• Directly supervises employees within the department.
• Indirectly supervises employees within the department.
• Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws.
• Responsibilities include recruit, train and mentor staff.

Act independently; Decision-making within Company policy.

• Directly supervises employees within the department.
• Indirectly supervises employees within the department.

• Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws.

• Responsibilities include recruit, train and mentor staff.

Qualifications:

• Strong financial statement underwriting skills.
• 7 years commercial underwriting experience. 2 years managerial experience a plus
• Bachelor’s Degree – Preferred fields of study are Finance or Accounting.

• Diversity - Demonstrates knowledge of EEO policy. Shows respect and sensitivity for cultural differences.
• Ethics - Treats people with respect. Upholds organizational values.
• Adaptability - Adapts to changes in the work environment. Manages competing demands. Able to deal with frequent change, delays, or unexpected events.
• Analytical - Collects and researches data.
• Attendance/Punctuality - Is consistently at work and on time. Ensures work responsibilities are covered when absent.
• Business Acumen - Understands business implications of decisions.
• Change Management - Communicates changes effectively.
• Cost Consciousness - Works within approved budget.
• Customer Service - Responds promptly to customer needs.
• Delegation - Delegates work assignments.
• Dependability - Follows instructions, responds to management direction.
• Initiative - Looks for and takes advantage of opportunities. Asks for and offers help when needed.
• Innovation - Displays original thinking and creativity. Meets challenges with resourcefulness.
• Interpersonal Skills - Remains open to others' ideas and tries new things.
• Judgement - Displays willingness to make decisions. Exhibits sound and accurate judgment.
• Leadership - Exhibits confidence in self and others.
• Managing People - Makes self available to staff. Continually works to improve supervisory skills.
• Motivation - Measures self against standard of excellence.
• Oral Communication - Speaks clearly and persuasively in positive or negative situations. Responds well to questions.
• Organizational Support - Follows policies and procedures. Supports organization's goals and values.
• Planning/Organizing - Uses time efficiently. Sets goals and objectives.
• Problem Solving - Identifies and resolves problems in a timely manner. Works well in group problem solving situations.
• Professionalism - Approaches others in a tactful manner. Treats others with respect and consideration regardless of their status or position.
• Project Management - Communicates changes and progress.
• Quality - Demonstrates accuracy and thoroughness. Looks for ways to improve and promote quality.
• Quantity - Meets productivity standards. Completes work in timely manner.
• Safety and Security - Observes safety and security procedures.
• Strategic Thinking - Develops strategies to achieve organizational goals. Understands organization's strengths & weaknesses.
• Teamwork - Gives and welcomes feedback. Contributes to building a positive team spirit.
• Technical Skills - Strives to continuously build knowledge and skills.
• Visionary Leadership - Displays passion and optimism. Inspires respect and trust.
• Written Communication - Writes clearly and informatively.

Physical Demands:

• Occasionally required to stand, walk and sit.
• Continually required to utilize hand and finger dexterity.
• Continually required to bend, stoop.
• Frequently required to talk or hear.
• While performing the duties of this job, the noise level in the work environment is usually quiet.
• The employee must occasionally lift and /or move more than 10 pounds.
• Specific vision abilities required by this job include: Close vision.

The job description does not constitute an employment contract, implied or otherwise, other than an “at will” relationship and is subject to change by the employer as the needs of the employer and requirements of the job change.

The salary will be between $113000.00 and $135600.00 with an opportunity to earn (a discretionary annual bonus).

The salary range is determined and based on internal equity, market data/ranges, applicant's skills, prior relevant experience and education.

Additional benefits:

- Medical, Dental, and vision plans

- 401(k) and matching

- Paid Time Off

- Company Paid Life Insurance

- Employee Assistance Program

- Training and Development Opportunities