Commercial Real Estate Credit Analyst

This position reports to Nathan Bowker, SVP/Commercial Real Estate Relationship Manager Basic Function Provide administrative and underwriting support for the Commercial Real Estate Lending Department including financial analysis, preparing loan proposals and commercial loan applications.

Essential Duties
1. Assist in underwriting and closing of Commercial Real Estate (CRE) loans

Interview clients and prospects regarding credit and service needs with relationship managers

Perform site inspections

Order and review appraisals and other third-party reports including credit inquiries

Evaluate financial and operating information including property level cash flow and guarantor financial information

Prepare loan proposal letters and commercial loan applications

Work with Loan Operations and/or attorneys to generate and review loan documents and coordinate loan closings

Prepare checklists and gather required documentation
2. Manage client relationships

Update paper and/or electronic loan files

Assist in preparation of watch reports, board reports and other reporting as needed

Monitor and address past due loans and overdrawn deposit accounts
3. Additional departmental duties

Attend department meetings

Attend the Management Loan Committee and Director’s Loan Committee meetings as needed

Review of information on market trends in commercial real estate

Maintain familiarity with underwriting and Loan Policy guidelines

Attend training as required
4. Participate in Community Reinvestment Act (CRA) activities
5. Monitor receipt of financial information required by loan approvals and submit information to Loan Operations to update FISERV line ticklers.

Review the monthly Line Tickler Reports for information that is past due.

Prepare letters or emails to clients requesting updated information.

Review letters and emails with relationship managers to ensure the accuracy of the information requested before forwarding to clients.

Monitor receipts of clients’ financial information.

Update the FISERV line tickler for the information received.

Notify the relationship manager of non-responses or challenges from a client.
6. Complete Commercial Loan projects as assigned by the manager and/or department head.

Nonessential Duties Other duties as assigned

Knowledge,

Skills and Abilities

Organized, detail oriented

Ability to create monitoring and tracking systems

Skilled at financial analysis

Ability to multi-task while meeting deadlines

Ability to solve problems

Ability to work in a fast-paced environment

Desire to learn

Tact and diplomacy in dealing with team members, bank employees and clients

Strong written and verbal skills

Proficiency with Microsoft Word, Excel, PowerPoint and Outlook Training & Experience Bachelor’s degree in Business, preferably Accounting or Finance, or equivalent related experience2 - 4 years of financial analysis experience

Prior work experience in a commercial real estate lending environment preferred

Compliance/Security Requirements Complete Regulatory University Training, as assigned

Follow regulatory requirements as they pertain to departmental functions

Comply with regulations including but not limited to Reg B, HMDA, CRA and all other lending compliance requirements

Complete required reports such as appropriate check lists, adverse action forms and monthly compliance monitoring

Attend outside training as appropriate

Physical/Mental Work Requirements Ability to focus on financial and credit information and consolidate it into concise, accurate credit presentations

Ability to apply critical thinking and problem-solving skills at a high cognitive level

Ability to withstand long periods of focus and concentration while working independently or in a group setting

Ability to type efficiently and to work on a computer for extended periods of time Perform physical and/or drive by site inspection of real estate

Effectively communicate with clients

Licensed to drive a motor vehicle

Ability to meet and/or provide client support at off-site locations

Compensation

Expected Salary Range:
For 1-2 years experience: $72,000 - $77,000;
For 3-4 years experience: $80,000 - $88,000

Salary will be negotiated based on relevant skills and experience as well as internal equity and alignment with market data.

Benefits 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:  Bank Chicago is an Equal Opportunity

Employer:

disability/veteran

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