CRE Commercial Underwriter - To $165K - Chicago, IL

CRE Commercial Underwriter – To $165K – Chicago, IL - Job # 3655B

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 CRE Commercial Underwriter role in the Chicago, IL area. The position is responsible for performing financial analysis and underwriting for Commercial Real Estate loan transactions. You are expected to provide clear, concise, and accurate financial analysis and risk assessment for new and existing clients. Effectively interact and build collaborative relationships with commercial relationship managers, credit officers, administrative assistants, loan operations colleagues, appraisers, and examiners.

This opportunity has a generous salary of up to $165K and a benefits package. (This is not a remote position).

CRE Commercial Underwriter responsibilities include:

• Conduct in depth review of rent rolls, leases, income statements, CoStar, appraisal reports, environmental reports, guarantor financials, and other financial information to determine, independently that the borrower can generate income and cash flow sufficient to repay existing and proposed debt.
• Independently prepare well written approval presentations, including what is being requested, why it is being requested, analysis of the property’s market and location, the background and history of the sponsor, and key risks and mitigating factors. Such presentations should also justify assigned risk rating and show that the Bank policies, procedures, and regulations are met.
• Actively seeks, develops, and maintains trusted relationships with others to achieve business goals and objectives.
• A network of financial and legal professionals to support the knowledge necessary for analysis.
• Maintain controls to ensure compliance with consumer protection regulations in a defined area of responsibility.
• Review third party reports such as real estate appraisals, CoStar market reports, property condition reports, environmental reports, and/or property inspections.
• Interact with clients when necessary to ensure receipt of financial information necessary to support the underwriting process of Commercial loans.

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:

• Strong analytical, organizational skills along with the ability to prioritize multiple projects.
• Pleasant interpersonal skills and effective communication skills, both written and verbal.
• Occasional travel to other offices or client locations.
• Bachelor’s degree in business with a major in finance or accounting.

The next step is yours. Email us your current resume along with the position you are considering to:

[email protected]