Commercial Credit Analyst II

REPUBLIC BANK OF CHICAGO • Oak Brook, IL

4d • $78,000 - $85,000 • Onsite

About The Position

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.

Requirements

• 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
• 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.
• 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.

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.

Benefits

• A competitive salary range estimated at $78,000 - $85,000 annually for this position.
• Generous Paid time Off (PTO)
• 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
• Parental Leave for both primary and secondary caregivers
• Short-term and long-term disability coverage
• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level