What are the responsibilities and job description for the Senior Commercial Credit Analyst - Real Estate position at REPUBLIC BANK OF CHICAGO?
Job Details
Description
GENERAL FUNCTION: The Senior Commercial Credit Analyst – Real Estate is responsible for the underwriting and analysis of commercial real estate and construction loans. This individual will play a key role in credit administration department; including the training and mentoring of less experienced analysts and assisting Loan Officers and Portfolio Managers in structuring loan requests that adhere to the Bank’s policies and procedures.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Responsible for the preparation of quality, detailed real estate cash flows in order to identify potential credit risks.
- Capable of evaluating financial statements.
- Mentor and assist in training of less experienced commercial credit analysts.
- Make recommendations in accordance with sound banking practices in order to minimize risk exposure.
- Ensure commercial loan requests adhere to bank policies and procedures.
- Effectively communicate and partner with the Commercial Lender, Portfolio Manager, or Team Leader to assist with monitoring of the loan portfolio.
- Participate in on-site client meetings with the Commercial Lender, Portfolio Manager or Team Leader.
- Review of appraisals to ensure adherence to applicable federal regulations and soundness of analysis and conclusions.
- Complete independent research and analyze market conditions to assess collateral values.
- Assist with maintaining bank’s commercial credit tickler system, to include tracking of financial statements and covenants, and other customer reporting/review.
- Assists in assigning underwriting requests, reviewing of loan presentations and taking meeting minutes for loan committees, when applicable
- Completion of special projects as required by senior management and other additional responsibilities as requested.
SUPERVISORY RESPONSIBILITIES:
None
EXPECTATIONS:
- Working knowledge of finance, accounting, and credit analysis concepts.
- Capacity to work within a fast paced and proactive environment while adding value to our clients.
- Knowledge of commercial business, construction and commercial real estate lending.
- Capable of taking ownership of personal development/ performance and ability to work independently.
- Prepare loan presentations accurately and in a timely manner.
- Have read, understand and know the Bank’s Lending Policy.
- Some contact with customers, conducting relationships in a professional manner that will enhance the overall marketing effort of the bank.
- Meet and/or exceed your goals.
Qualifications
MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:
- Completed Bachelor’s degree in Business, preferably Accounting or Finance
- Minimum of 5-years previous Commercial Credit Analyst experience with a real estate focus in a financial institution
- Qualitative analytical skills
- Excellent oral and written communication skills
- Knowledge of MS Suite of Products (Word, Excel, and Outlook)
- Strong organizational skills
- Internet skills
- Sageworks Risk Analyst
WHAT WE OFFER
As part of our commitment to your physical, emotional, and financial wellbeing, we proudly provide a comprehensive benefits package, which includes:
- A competitive salary range estimated at $77,500 - $87,500 per hour for this position. (Final compensation may vary based on experience, skills, and qualifications)
- Generous Paid time Off (PTO) to help you rest, recharge, and take care of what matters most
- Health, dental, and vision insurance with tax-advantaged FSA and HSA account options
- Retirement benefits including 401k plan with discretionary matching contributions.
- Childcare assistance program to support working parents and their eligible dependents
- Parental Leave for both primary and secondary caregivers
- Short-term and long-term disability coverage for long-term income security
- Basic Life and AD&D insurance with elective additional coverage for you, your spouse, or children
- Mental health & wellness benefits including bank-paid Headspace meditation app subscription and access to our Employee Assistance Program
Join us and be part of a team where your contributions are valued and supported. We look forward to meeting you!
ADDITIONAL RESPONSIBILITIES:
Every employee of Republic Bank is responsible for knowing and practicing Bank Secrecy Laws (AML/CIP/SAR/CTR/OFAC), the USA Patriot Act, and other related regulations as they relate to their specific job function. Training will be provided during your Introductory Period and annually thereafter. If you need additional training, you are responsible for contacting your immediate supervisor.
WORKING CONDITIONS:
- Normal office environment with little exposure to dust, noise, temperature and the like.
- Requires manual dexterity sufficient enough to operate office machines such as computers, fax machines, calculators, telephones, and other office equipment.
- Extended viewing of CRT screen.
- Moderate lifting up to 50 pounds.
- Repetitive hand and arm movement.
- May require excessive sitting, standing, bending and reaching.
- Normal range of hearing and vision.
- Must have reliable transportation.
We look forward to working with you and to the contributions you will make to Republic Bank of Chicago, as well as the opportunity to provide you with professional growth. However, we recognize that you retain the option, as does Republic Bank of Chicago, of ending your employment with us at any time, with or without notice and with or without cause. As such, your employment with Republic Bank of Chicago is at-will and neither this job description nor any other oral or written representations may be considered a contract for any specific period of time.
Salary : $77,500 - $87,500
