Commercial Credit Analyst II at Republic Bank Of Chicago in Oak Brook HQ - Oak Brook, IL 60523

Job description

• Overview
• GENERAL FUNCTION: The Commercial Credit Analyst is responsible for the underwriting and evaluation of commercial real estate and commercial & industrial loan requests. This individual will collaborate with the Commercial Lender or Team Leader on due diligence of credit requests, specifically for middle market clients.

Responsibilities

• Responsible for the preparation of quality, detailed financial analysis including cash flow models and collateral evaluations in order to identify potential credit risks.
• Capable of evaluating complex financial statements to spread and analyze in order to prepare a credit review.
• 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 or Team Leader to assist with monitoring of the loan portfolio.
• May participate in on-site client meetings with the Commercial Lender or Team Leader.
• Assist with outgoing communication of the credit/ loan review function.
• Review and monitor working capital draws.
• Maintain month-end Board of Director reports.
• Completion of special projects as required by senior management and other additional responsibilities as requested.

Requirements

• 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.
• Completed Bachelor’s degree in Business, preferably Accounting or Finance
• 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

Skills

Required

• Qualitative analytical skills
• Strong organizational skills
• Internet skills
• Sageworks

Benefits

• 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 $78,000 - $85,000 annually 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
• $78,000.00 - $85,000.00 Salary/year