CRE Portfolio Underwriter – Commercial Real Estate

NBMBAA

Chicago (IL)

On-site

USD 91,000 - 144,000

Full time

14 days+

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Benefits offered by this job

Benefits eligible
Discretionary incentive plan

Job summary

Bank of America in Chicago seeks a Portfolio Management Underwriter to oversee monitoring, analysis, and approval recommendations for a commercial real estate loan portfolio. You will collaborate with the Credit Team to ensure compliance with policies and risk ratings, while supporting complex client needs and transactions.

The role requires 2+ years in commercial credit analysis and portfolio management, with a finance or real estate focus.

Qualifications

  • 2+ years commercial credit financial analysis and portfolio management experience.
  • Commercial Credit Training.
  • Bachelor’s degree in finance, accounting, economics or similar.
  • Certificate from accredited real estate educational program.

Responsibilities

  • Post close credit activity including documenting conditions for pre-approved extensions and related legal documents.
  • Monitor and maintain an assigned portfolio: risk rating scorecards, financial reviews, covenant compliance, and reporting.
  • Handle minor modifications and extension options on existing credits and facilities.
  • Perform collateral analysis and sponsor/guarantor financial review, plus related legal document reviews.
  • Drive process simplification and improvement under management guidance for CRE facilities (bridge, term, construction).

Skills

Attention to Detail
Credit and Risk Assessment
Financial Analysis
Underwriting
Written Communications
Analytical Thinking
Credit Documentation Requirements
Financial Forecasting and Modeling
Recording/Organizing Information
Business Acumen
Collaboration
Collateral Management
Loan Structuring
Prioritization

Education

Bachelor’s degree in finance, accounting, economics or similar
Certificate from accredited real estate educational program

Job description

Bank of America in Chicago seeks a Portfolio Management Underwriter to oversee monitoring, analysis, and approval recommendations for a commercial real estate loan portfolio. You will collaborate with the Credit Team to ensure compliance with policies and risk ratings, while supporting complex client needs and transactions.

The role requires 2+ years in commercial credit analysis and portfolio management, with a finance or real estate focus.

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