Sr. Loan Officer

The Position

The Senior Loan Officer’s primary responsibility is to originate loans using CIC financial products and.

This includes marketing loan products, analyzing and underwriting loan applications, and developing loan packages for presentation to the CIC Loan Committee and/or Senior Management.

Reports to: Senior Vice President, Managing Director of Lending

• Manage applications from receipt through underwriting to closing, including coordination with construction and closing departments.
• Speak and make presentations to prospects, including apartment building owners, building owner associations, real estate and mortgage brokers, attorneys, and accountants to initiate loan applications.
• Evaluate real estate projections, financial capacity, credit history, and managerial ability of loan applicants.
• Prepare and present loan recommendations to Loan Committee and/or Senior Management.
• Provide technical assistance to applicants, where needed, and review confidential information including tax returns, personal financial statements, real estate holdings, and pending real estate negotiations and transactions.
• Meet loan production, business development, credit analysis, client relationship, teamwork, and continual improvement goals.
• Develop and implement strategic plan that includes creating and executing business development & community engagement strategies aligned with CIC’s goals
• Nurture partnerships by establishing and maintaining relationships with key stakeholders, including business owners, community leaders and individuals.
• Participate in assigned community outreach and support communications campaigns to promote CIC.

• Bachelor’s or Master’s degree in finance, real estate, urban studies, or related field.
• Minimum of 15 years’ commercial real estate lending or related experience.
• Ability to provide critical assessment of standard underwriting criteria (financial analysis, management assessment, collateral risk, etc.).
• Knowledge of conventional private sector real estate finance. Governmental real estate finance a plus.
• Strong interpersonal, presentation, written, and verbal communication skills.
• Ability to maintain active relationships with referral sources and other key stakeholders.
• Familiarity with Chicago communities; experience and understanding of community development initiatives in low/moderate income communities.

Salary range is $120k - $130k. Full benefits package (medical, dental, vision, life insurance, 401(k), PTO, etc) included. Included. To be considered for this position, please submit a resume and cover letter to: