Credit Analyst

ABOC; Chicago (IL); On-site; USD 70,000 - 95,000; Full time

Benefits offered by this job

Competitive compensation package

Full health insurance

401(k)

Life insurance

Education Assistance

Paid Vacation Days

Employee Assistance Program

Opportunities for advancement

Community Service Opportunities

Job summary

ABOC in Chicago is hiring a Credit Analyst to provide analysis of financial information for lending officers and support underwriting of loan applications. The role also involves preparing documentation, and performing administrative duties for the CRE/commercial portfolio.

The ideal candidate has a Bachelor's degree in Finance/Accounting/Business and 3–5 years in commercial banking or credit analysis, with strong financial analysis, communication, and Excel skills.

Qualifications

• Bachelor’s degree in Finance, Accounting, Business, or related field.
• 3–5 years of experience in commercial banking or credit analysis.
• Strong financial analysis, organizational, and communication skills.

Responsibilities

• Analyze financial statements, tax returns, and cash flow to assess creditworthiness of commercial borrowers.
• Prepare credit memoranda, loan presentations, and other materials for internal meetings and approvals.
• Assist in structuring loan requests and identifying risks and mitigating factors.
• Order and review appraisals, credit reports, title work, and other due diligence materials.
• Coordinate with lenders, Loan Operations, and third parties to support loan processing and closings.
• Monitor loan portfolios for covenant compliance, financial reporting, maturities, and past due activity.
• Maintain accurate credit files, collateral records, and tracking systems.
• Communicate with clients and relationship managers to collect financial information.
• Prepare portfolio reports, watch lists, and other internal management reporting.
• Ensure compliance with bank policies, regulatory requirements, and industry best practices.

Skills

Financial analysis

Communication skills

Organizational skills

Education

Bachelor’s degree in Finance/Accounting/Business

Tools

Excel

Microsoft 365

Job description

For over 100 years, ABOC has fostered deep ties to our customers and our community, serving the banking needs of countless businesses, organizations, institutions and individuals, many for multiple generations. These relationships are based on profound trust, in-depth understanding and highly personal and responsive service provided by our experienced bankers.

We take tremendous pride in being a great place to work! We value the contributions our employees bring to the table every day. We work hard to nurture and maintain a mutually respectful, diverse culture that fosters teamwork and a commitment to exceptional customer service.

ABOC is hiring a Credit Analyst. This position is responsible for providing analysis of submitted financial information in support of lending officers. It is further responsible for providing support and assistance to the lending officers in the processing and underwriting of loan applications, production of documentation required to book loans and efficient performance of administrative duties for the commercial real estate/commercial loan portfolio.

Key Responsibilities

• Analyze financial statements, tax returns, and cash flow to assess creditworthiness of commercial and union-related borrowers
• Prepare credit memoranda, commercial loan presentations, and other materials for internal meetings and approvals
• Assist in structuring loan requests and identifying risks and mitigating factors
• Order and review appraisals, credit reports, title work, and other due diligence materials
• Coordinate with lenders, Loan Operations, and third parties to support loan processing, documentation, and closings
• Monitor loan portfolios for covenant compliance, financial reporting, maturities, and past due activity
• Maintain accurate credit files, collateral records, and tracking systems (ticklers/reporting)
• Communicate with clients and relationship managers to collect financial information and support ongoing relationships
• Prepare portfolio reports, watch lists, and other internal management reporting
• Ensure compliance with bank policies, regulatory requirements, and industry best practices.

Qualifications

• Bachelor’s degree in Finance, Accounting, Business, or related field preferred
• 3–5 years of experience in commercial banking or credit analysis
• Strong financial analysis, organizational, and communication skills
• Proficiency in Microsoft Excel and Microsoft 365 tools

BENEFITS:

• Competitive compensation package
• Full health insurance (medical, dental and vision),
• 401(k)
• Life insurance
• Education Assistance
• Paid Vacation Days
• Employee Assistance Program
• Opportunities for advancement
• Community Service Opportunities

We are an equal opportunity employer and value diversity, equity and inclusion at our company. We do not discriminate on the basis of any protected category. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.