Commercial Credit Analyst

About the job

The ideal candidate is a motivated professional with strong credit skills and willingness to working long hours preparing loan presentations and doing thorough reviews of customer files. The position would include working on commercial and commercial real estate loan files, analyzing the overall loan portfolio and providing assistance to loan customers.

Company Description

Albank is Chicago's concierge business bank providing financial services with a personal touch to commercial real estate clients, business owners, and community professionals. Established in 1953, Albank maintains a high rating and solid financial condition, offering confidence to clients working with a secure bank.

Member FDIC.

DUTIES AND RESPONSIBILITIES:

• Extract data from financial documents to provide accurate cash flow analysis and commentary


• Identify, evaluate, and mitigate credit risk of the loan portfolio


• Assess credit quality with risk rating recommendations


• Prepare loan presentations of a high quality for review in loan committee


• Assist with determining collateral values and assist account officers with collateral inspections


• Assist in credit administration duties including the tracking of tickers and financial reporting covenants


• Ensure compliance with bank, state, and federal policies, procedures, laws, and regulations


• Work with account officers to contact customers and accountants to gather required information and answer questions pertinent to complete credit requests


• Manage loan and portfolio quality of an existing book of business

SUPERVISORY RESPONSIBILITIES:

• This job has no supervisory responsibilities

SKILLS AND EXPERIENCE DESIRED:

• Credit Analysis/Underwriting Cash Flow


• Evaluating Value of Real Estate


• Creating Loan Approvals


• Loan Review


• Dealing with problem loans and past dues


• Knowledge of Loan Documentation


• Customer Service


• Bank Compliance

ADDITIONAL QUALIFICATIONS:

• Bachelor’s Degree in Finance, Accounting, or related field


• 2+ years of professional work experience in an office environment


• Strong proficiency with Microsoft Office (especially Excel and PowerPoint), Internet, and mobile software. Experience with Fiserv banking software, preferred


• Highly organized, detail oriented, has strong communication skills, works independently, takes proactive initiative, prioritizes multiple tasks, and responds quickly


• Maintains judgment, discretion, and confidentiality appropriate to the banking industry


• Knowledge of banking industry and applicable regulatory compliance

Job Type: Full-time

PAY RANGE:

• $70,000 - $90,000

BENEFITS:

• 401(k)


• 401(k) matching


• Dental insurance


• Employee assistance program


• Flexible spending account


• Health insurance


• Life insurance


• Paid time off


• Tuition reimbursement


• Vision insurance

PHYSICAL DEMANDS AND WORK ENVIRONMENT:

• Occasionally required to walk or stand


• Continually required to sit


• Continually required to speak or hear

The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities or physical requirements. Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.