Commercial Credit Analyst

Albank; United States; On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

401(k)

401(k) matching

Dental insurance

Employee assistance program

Flexible spending account

Health insurance

Life insurance

Paid time off

Tuition reimbursement

Vision insurance

Job summary

Albank is a Chicago-based commercial banking institution offering financial services to real estate clients and business owners. The role focuses on credit analysis, cash flow review, and loan portfolio oversight, including working on commercial and CRE loan files.

The ideal candidate will analyze credit risk, prepare high-quality loan presentations, and assist account officers with credit documentation and customer inquiries while ensuring regulatory compliance.

Qualifications

• Bachelor’s degree or higher in Finance, Accounting, or related field.
• 2+ years of professional work experience in an office environment.
• Strong proficiency with Microsoft Office (Excel/PowerPoint) and related software.
• Knowledge of banking regulations and compliance.

Responsibilities

• Extract data from financial documents to provide cash flow analysis and commentary.
• Identify, evaluate, and mitigate credit risk of the loan portfolio.
• Prepare loan presentations of high quality for loan committee reviews.
• Assist with collateral value determination and inspections.
• Support credit administration with tracking covenants and reporting.

Skills

Credit analysis/underwriting cash flow

Evaluating real estate value

Creating loan approvals

Loan review

Managing past-due/problem loans

Loan documentation knowledge

Customer service

Bank compliance

Education

Bachelor’s degree in Finance/Accounting or related field

Tools

MS Office (Excel, PowerPoint)

Fiserv banking software

Job description

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.