Hybrid Commercial Credit Underwriter & Analyst

The Federal Savings Bank

Chicago (IL)

Hybrid

USD 70,000 - 100,000

Full time

14 days+

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Benefits offered by this job

PTO & Holidays

Work-life balance

Health insurance

Dental & Vision

FSA/HSA

Life insurance

Home loan discount

401k with match

Training programs

Career growth

Large-bank feel

Job summary

The Federal Savings Bank in Chicago, IL is hiring an experienced Commercial Credit Operations Specialist to join our team at our headquarters. The role blends underwriting and credit analysis with delinquency management in a hybrid schedule (3 days in office).

We offer a comprehensive benefits package and opportunities for career advancement within a large national bank that maintains a small-bank feel.

Qualifications

Bachelor's degree in Accounting or Finance preferred.
3-5 years' related experience in commercial credit operations.
Experience with Fiserv Cleartouch preferred.
Experience with Encompass LOS preferred.
Proficiency with Microsoft Excel.

Responsibilities

Provide insight to the Sales team on Commercial loan products and requirements.
Provide guidance on loan structuring and approval process to Mortgage Bankers.
Lead initiatives to implement process, procedure, and technology solutions to improve workflow, tracking and adherence to compliance.
Underwrite Commercial loans including preparation of CAF/CAM and present to Credit Committee (consisting of Chairman of the Board, President, and outside Director).
Collaborate with the closing team on approved loans to ensure terms are met.
Request and track financial statements.
Prepare annual reviews using financial statements.
Prepare and participate in Loan Committee discussions with Senior Leadership.
Assist in audits.
Prepare assigned portions of monthly Credit Book.
Complete BSA Loan Due Diligence.
Review loans boarded to Cleartouch and alert to any errors.