Jobs in Park Ridge, IL

About The Position

Requirements

• 2+ years of experience in financial services
• Strong knowledge of commercial banking underwriting, SBA small loan underwriting is a plus
• Exceptional oral & written communication skills
• Highly organized and detail-oriented
• Bachelor’s Degree in Accounting, Finance, Economics, or a related field

Nice To Haves

• Experience with Salesforce is a plus

Responsibilities

• Analyzes credit data and financial statements of individuals or businesses to identify the degree of risk involved in lending money or extending credit.
• Prepare Pre-Flight of the potential loan for Chief Credit Officer and Senior Management to determine if moving forward with a proposal and ultimately to underwriting meets with the Bank’s and management’s expectations along with the bank overall strategy.
• Assist with structuring the loan specifics.
• Prepare a deal checklist of items needed for credit submission for loan officer review.
• Work with multiple loan files in various stages of completeness to move them towards credit submission.
• Gather all items needed for credit submission by following a pre-determined credit submission checklist.
• Interact with the borrower to ensure all items are needed for a complete package.
• Collaborate with the loan officer and the customer to answer any additional questions the in order for loan approval.
• Maintain ongoing credit training.
• Manage and assist with various commercial and SBA lending underwriting transactions for approval.
• Organize, prepare and present loan presentations to loan committee.
• Prepare annual loan file reviews.
• Monitor the loan policy exception report with review and quarterly updates.
• Maintain the loan portfolio and manage all ticklers and exceptions.

Benefits

• Competitive compensation
• salary
• performance-based incentives
• equity participation
• 100% employer-paid medical, dental, and vision insurance for employees, spouses, and dependents
• 100% employer-paid life and disability insurance
• employee funded 401(k) retirement plan
• flexible vacation policy