What are the responsibilities and job description for the Senior Commercial Credit Analyst (CRE or C&I Focus) position at Republic Bank of Chicago?
Join a thriving community bank with a reputation for excellence and a supportive culture! We're seeking a Commercial Credit Analyst with expertise in either Commercial Real Estate or Commercial & Industrial lending. In this role, you'll analyze financial data, assess creditworthiness, and collaborate with a dynamic team to support our growing portfolio. With ample opportunities for professional development and a welcoming environment, this position is perfect for someone looking to advance their career while making a meaningful impact. Ready to grow with us?
What You'll Do:
- 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 presentation.
- Mentor and assist in training of less experienced commercial credit analysts.
- 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, Portfolio Managers or Team Leader to assist with monitoring of the loan portfolio.
- Participate in on-site client meetings with the Commercial Lender, Portfolio Managers or Team Leader.
- Review of appraisals to ensure adherence to applicable federal regulations and soundness of analysis and conclusions.
- Complete independent research and analyze market conditions to assess collateral values.
- Assist with maintaining bank's commercial credit tickler system, to include tracking of financial statements and covenants, and other customer reporting/review and monitor working capital draws.
- Assists in assigning underwriting requests, reviewing of loan presentations and taking meeting minutes for loan committees, when applicable
- Completion of special projects as required by senior management and other additional responsibilities as requested.
Expectations of the Role:
- Working 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 small business and middle market commercial businesses and owner occupied commercial real estate.
- 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.
- Meet and/or exceed your goals.
Who You Are:
- Completed Bachelor's degree in Business, preferably Accounting or Finance
- Minimum of 5-years previous Commercial Credit Analyst experience with a focus in C & I loans in a financial institution
- 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 Risk Analyst
What We Offer:
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 $77,500- 87,500per yearfor 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
Salary : $77,500 - $87,500
