Commercial Loan Underwriter - To 105K - Aurora, IL - Job 3779-149790
Commercial Loan Underwriter – To $105K – Aurora, IL – Job # 3779-149790
Who We Are
The Symicor Group is a boutique talent acquisition firm based in Schaumburg, IL & Rockport, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!
We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.
The Position
Our bank client is seeking to fill a Commercial Loan Underwriter role in the Aurora, IL market. The successful candidate will be responsible for preparing written, in-depth credit analyses for commercial loans. The candidate will analyze financial information and underwrite the creditworthiness of borrowers to ensure compliance with loan policy and all regulatory laws and regulations.
This position offers a generous salary of up to $105K and full benefits package. (This is not a remote position)
Commercial Loan Underwriter responsibilities include:
Managing loan underwriting process by underwriting, processing, and coordinating the closing of business loans in compliance with the Bank’s lending policies and procedures, and federal & state regulations.
Collecting and analyzing financial data, financial condition, and level of risk related to various types of borrowing entities and individuals including financial statement analysis, collateral evaluations, trend analysis ratio, and industry analysis.
Performing commercial real estate loan stress tests.
Preparing written summary of loan terms and conditions and a written narrative explaining the business background, outlining risk factors, and justifying assigned risk rating
Conducting a thorough review of balance sheets, income statements, cash flow statements, tax returns, business plans, and projections presented by applicants to assess their ability to generate income sufficient to repay existing and proposed debt.
Identifying risks and assisting in structuring loans to mitigate risks.
Assigning appropriate risk ratings.
Monitoring loan repayment activities and take necessary action to collect on loan payments past due or matured loans.
Preparing documentation needed to obtain approvals as appropriate.
Interacting with account officers to negotiate loan terms and following up on information required to make decisions on the application.
Complying with all bank policies, procedures, state and federal banking laws, and regulations.
Serving on task forces and committees as assigned.
Who Are You?
You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.
You also bring the following skills and experience:
Bachelor’s degree in business administration, finance, accounting, or economics.
Five or more years’ experience in Commercial Banking / Lending.
Experience with cash flow analysis, ratio analysis, and projections is required.
Strong knowledge of real estate appraisal techniques, field audit examination techniques, and commercial banking regulations required.
Formal bank commercial credit training is a plus.
Must have strong knowledge of Word, Excel, Sage works, Outlook, and other bank information systems as required.
Solid qualitative and quantity analytical skills required.
Excellent analytical, conceptual, writing, and communication skills.
Possesses strong organizational skills and can work with limited supervision.
Existing knowledge of assigned marketplace preferred.
The next step is yours. Email us your current resume along with the position you are considering to:
[email protected]
Recommended Jobs
Dispatcher 2nd shift
Job Description Job Description The Dispatcher is responsible for the timely and accurate entering of all shipment information into PRMS and maintaining documents/files in accordance with compan…
Line Cook
Award-winning and nationally acclaimed Longman & Eagle is looking for line cooks! We're looking to add a motivated and skilled line cook to our PM service. We are a Michelin Bib Gourmand Restaurant f…
Service Advisor
Job Description Job Description Hawk Mazda of Joliet is a dynamic and rapidly growing automotive group with multiple dealership locations across Illinois. As a trusted name in the industry, we ar…
Warehouse Manager
Job Description Job Description About MISUMI Americas MISUMI Americas, a division of MISUMI Group, is a leading provider of standard, configurable, and custom manufacturing solutions. By integ…
USPS Contractor Box Truck Driver
Box Truck Driver/delivery needed for Mt. Vernon Post Office contract. 22-26$ per hour. Qualifications: Must be located in Mount Vernon/Centrailia, IL area for a dedicated route. Monday - Sat…
Dispute Analytics Representative
Overview Dispute Analytics Representative The Dispute Analytics Representative is responsible for monitoring and analyzing dispute volumes to identify and research emerging trends. A core focu…
Pre Sales solutions consultant
Solutions Consultant — eCommerce & Data Science Naperville, IL (Hybrid — Naperville + Chicago) · Full-time About the role This is not a traditional sales role. You will be the technical face …
Facilities Director
We are seeking an experienced Facilities Director to lead a comprehensive Integrated Facilities Management (IFM) operation within a higher education environment. This executive leadership role is res…
Cashier/Receptionist
Job Description Job Description Location: West Chicago, IL Position Type: Part-Time — Monday- Friday Job Summary : Haggerty Auto Group is seeking a friendly and professional Cashi…