Commercial Credit & Underwriting Specialist

The Federal Savings Bank; Chicago (IL); Hybrid; USD 75,000 - 110,000; Full time

Benefits offered by this job

Holidays and Paid Time Off

Health, Dental, and Vision insurance

FSA and HSA plan options

Company-paid life insurance

Employee Home Loan Discount

401k with partial match

In-house training opportunities

Job summary

The Federal Savings Bank, headquartered in Chicago, IL, seeks an experienced Commercial Credit Operations Specialist to join its home-lending-focused team. The role blends underwriting and credit analysis with process improvements, reporting to senior leadership.

The hybrid schedule requires 3 days in the Logan Square office and commuting eligibility for applicants living within a reasonable distance. Responsibilities include underwriting commercial loans, guiding loan structuring, preparing

Qualifications

• Bachelor's degree in Accounting or Finance preferred.
• 3-5 years' related experience in commercial credit operations.
• Fiserv Cleartouch software experience strongly preferred.
• Encompass Loan Originating System experience strongly preferred.
• Proficiency in Microsoft Excel is required.

Responsibilities

• Underwrite commercial loans and prepare CAF/CAM for Credit Committee.
• Provide insights on loan products, structuring and approvals.
• Lead process improvements to enhance workflow and compliance.
• Coordinate with closing to ensure terms are met.
• Track financial statements and prepare annual reviews.
• Support Monthly Watchlist reporting and interacts with management.

Skills

3-5 years' experience in commercial信用

Education

Bachelor's degree in Accounting or Finance

Tools

Fiserv Cleartouch

Encompass Loan Originating System

Microsoft Office / Excel

Job description

The Federal Savings Bank, headquartered in Chicago, IL, seeks an experienced Commercial Credit Operations Specialist to join its home-lending-focused team. The role blends underwriting and credit analysis with process improvements, reporting to senior leadership.

The hybrid schedule requires 3 days in the Logan Square office and commuting eligibility for applicants living within a reasonable distance. Responsibilities include underwriting commercial loans, guiding loan structuring, preparing