More jobs:
Commercial Real Estate Administrator
Job in
Northbrook, Cook County, Illinois, 60065, USA
Listed on 2025-12-28
Listing for:
BankTalent HQ
Full Time
position Listed on 2025-12-28
Job specializations:
-
Finance & Banking
Financial Analyst, Banking & Finance
Job Description & How to Apply Below
Job Details
Job Location: Northbrook - NORTHBROOK, IL
Position Type: Regular Full-Time
Salary Range: $75000.00 - $80000.00 Salary/year
Job Category: Staff
DescriptionThis position reports to: SVP/Commercial Real Estate Relationship Manager
Basic FunctionProvide support to the Commercial Real Estate group account officers by preparing loan files and coordinating loan closings with the Loan Operations department. Assist in collecting and monitoring the receipt of customer financial information.
Essential Duties- Gather necessary information and assemble loan files.
- Prepare Loan Operations checklists for new loans, renewals, and modifications.
- Order and review title insurance, flood certification, credit reports and other third‑party reports and alert account officers to any issues or concerns identified prior to final approval by the account officer.
- Follow up with Loan Operations and/or account officers on outstanding items.
- Work with Loan Operations, account officers and attorneys to generate and review loan documents and coordinate loan closings.
- Review Loan Operations line tickler summary when an originated or renewed loan is booked to determine that all Financial Information Reporting & Monitoring requirements from the approved loan application are correctly reflected.
- Review loan accounting system reports to identify financial reporting information that is due, or past due. Contact customers to request updated information and notify the account officer of non‑response or challenges in obtaining required information.
- Upon receipt of financial information from customers, save to the shared drive and notify Loan Operations & the CRE Administration Officer of receipt.
- Review operating account covenants.
- Prepare Financial Tickler Exception Summary, tracking tickler exceptions over 30 days past due, for review at CRE department meeting.
- Respond to client inquiries.
- Work with Loan Operations, Deposit Operations and Treasury Management to meet clients' banking needs.
- Obtain information from customers that is required to open new deposit account and coordinate account opening with Treasury Management.
- Serve as liaison between Treasury Management and CRE customers.
- Complete compliance‑related documentation including beneficial ownership and customer identification program.
- Attend department meetings
- Attend training as required
- Other duties as assigned
- Strong verbal and written skills
- Organized and detail oriented
- Knowledge of real estate lending, loan policy, loan documentation and regulatory requirements
- Proficiency in Microsoft Office applications, including Excel, Outlook, and Word
- Ability to interact with clients in a professional and diplomatic manner
- Ability to collaborate with loan officers, Loan Operations, Credit and Treasury Management to accomplish goals
- Ability to multi‑task while meeting deadlines
- High School diploma or GED
- Associate's or bachelor's degree in Finance, Accounting or equivalent related experience
- 2 - 3 years of experience in loan documentation or loan operations
- Exposure to commercial real estate lending and/or paralegal training helpful
- Expected Salary Range: $75,000 - $80,000 annually
- Salary will be negotiated based on relevant skills and experience as well as internal equity and alignment with market data.
First Bank Chicago offers a comprehensive benefits package including medical/dental/vision/life insurance; 401(k); paid time off (PTO); and eligibility for an annual bonus. For a complete listing of benefits, please visit our website:
First Bank Chicago Employee-Benefits.
First Bank Chicago is an Equal Opportunity
Employer:
disability/veteran
Crain's Chicago Best Places to Work 2018 I 2019 I 2020 I 2021 I 2022 I 2023 I 2024 I 2025
#J-18808-LjbffrTo View & Apply for jobs on this site that accept applications from your location or country, tap the button below to make a Search.
(If this job is in fact in your jurisdiction, then you may be using a Proxy or VPN to access this site, and to progress further, you should change your connectivity to another mobile device or PC).
(If this job is in fact in your jurisdiction, then you may be using a Proxy or VPN to access this site, and to progress further, you should change your connectivity to another mobile device or PC).
Search for further Jobs Here:
×