Senior Credit Analyst

JOB DESCRIPTION

Reporting to the Senior Vice President, the Commercial Relationship Associate serves as the first point of contact for commercial clients and provides a wide array of general banking and loan process services to these clients.

RESPONSIBILITIES

• Understands the Bank’s products, services, pricing and documentation, and is able to communicate these effectively to clients.
• Responsible for providing timely follow-up to clients and is accountable for client satisfaction through ownership of any questions, problems or concerns.
• Opens commercial deposit accounts, both business and personal, and performs account maintenance activities.
• Understands Treasury Management products and responds to requests from clients, cross-sell services and complete necessary agreements.
• Understands the Bank’s Credit Policy, including individual Officer Authority and Loan Committee authority.
• Completes all ordering and review of necessary due diligence - Illinois Complete Search, Tract Search or Title Insurance, Flood Determination, Proof of Insurance.
• Orders and reviews all necessary property appraisals and environmental searches.
• Collects and reviews all corporate documents, Articles of Incorporation/Organization, Operating Agreements and By-Laws.
• Orders, assembles and verifies loan documents for completeness and accuracy.
• Coordinates all aspects of the closing process, ensuring that all terms are met and manages all logistics of final closings.
• Ensures that all documents are properly signed, notarized, recorded and delivered, including follow up for any missing documentation to guarantee total compliance.
• Processes all loan servicing including loan draws, payments, research, prepares payoff letters and processes payoff wires.
• Collects and reviews client financial reports and manages financial and collateral exceptions.
• Tracks annual reviews, renewing or maturing loans, lines of credit, and letters of credit and notifies action needed on a monthly basis.
• Conduct prospect/industry research and prepare prospect letters.

SKILLS

• Familiarity with all federal and state banking regulations pertaining to commercial lending including fair lending laws, HMDA, and the Bank Secrecy Act.
• Highly effective oral and written communication skills.
• Detail oriented and customer service focused.
• Able to balance administrative functions and meet service expectations.
• Able to handle confidential information in a professional manner.
• Manage prioritization of workflow for maximum efficiency.
• Demonstrated team player.
• Ability to work independently with strong initiative and the ability to multi-task.

QUALIFICATIONS

• Bachelor’s degree or equivalent work experience in the banking or title industry preferred
• Good analytical and problem-solving skills
• Willingness to work in a team environment
• Intermediate understanding of Word/ Excel

Cornerstone National Bank & Trust Company is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age, disability or genetic information.

About Cornerstone National Bank & Trust Company:

Founded in 2000, Cornerstone National Bank & Trust Company was built on the principle of developing long-term relationships with individuals, families, and small to medium-sized businesses by providing a full array of the highest quality financial products and services. With locations in Palatine, Crystal Lake, Deer Park, Naperville, and Schaumburg, the bank offers services in personal banking, commercial lending, wealth management, mortgages, and more. Through unparalleled customer service and rich tradition of local history and community involvement, Cornerstone National Bank & Trust Company is Where You Belong^®.