Commercial Underwriter - To $120K - Chicago, IL - Job # 3666B

Commercial Underwriter – To $120K – Chicago, IL – Job # 3666B

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 Underwriter role in the Chicago, IL area. The position is responsible for authoring detailed new loan opportunity memorandums, performing annual reviews, and assembling analytical reports as requested by management. Present portfolio management updates and new transactions to various committees. Interact with team members to validate and verify the accuracy of various deal aspects. Meet deadlines, have a customer service mindset, and serve as an expert to understand policies and standards.

The opportunity has a generous salary of up to $120K and a benefits package. (This is not a remote position).

Commercial Underwriter responsibilities include:

• Analyze new loan opportunities, focusing on both fully depicting the property’s strengths and weaknesses and the financial health of the transaction’s sponsors as determined by reviewing and reconciling credit reports, tax returns, financial data, market data, and appraisals.
• Present findings to loan committees based on comprehensive underwriting in compliance with commercial loan policies and standards and credit risk parameters.
• Ensure timely completion of annual reviews and other assessment reports and present recommendations to loan committees.
• Provide Risk Rating adjustment recommendations due to covenant violations, changing economic and market conditions, collateral conditions and guarantor conditions.
• Make process and policy change recommendations to departmental leadership.

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]