Commercial Banker (VP, 1st VP or SVP level)
Old Second National Bank | |
United States, Illinois, Elgin | |
May 29, 2026 | |
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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 Commercial Banker is responsible for growing and retaining profitable relationships through 100% self-generated business development within Business 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. The Banker will focus all of their time on business development activities and will be responsible for growing a book of business from scratch. Once business is earned, the Banker will manage their portfolio and continue to expand their book of business. The Banker will prospect for loans up to $25 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. Annual loan production goals are as follows: VP Level: $7.5 - $15M 1st VP Level: $8.75 - $17.5M SVP Level: $10 - $25M Essential Job Functions
Minimum Requirements - VP Level/ 1st 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. Minimum Requirements - SVP Level
Competencies
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. Incumbent may perform onsite duties at Bensenville, Elgin, or other available locations within the Greater-Chicago branch footprint. 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 at VP, 1st VP, or SVP level but may be hired in at a lower level based upon business needs and staffing dynamics. Compensation & Benefits Base pay - VP Level: $110,150 - $150,000 Base Pay - 1st VP Level:$126,750 - $170,000 Base Pay - SVP Level: $145,750 - $195,000 Officer Bonus Eligible: VP/ 1st VP and SVP - Eligible to participate in the Annual Officer Incentive plan with a target bonus up to 40% of base salary based various performance components. 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. Benefits: How We Support You - Old Second Thanks for considering Old Second! | |
May 29, 2026