at First Bank Chicago in Northbrook, Illinois, United States
Job Description
Basic Function:
Responsible for assisting in the origination and underwriting of commercial loan, franchise loan and owner-occupied commercial real estate applications and responsible for managing client relationships.
Essential Duties
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Evaluate, underwrite and assist with closing commercial loans, franchise loans and owner-occupied commercial real estate loans
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Analyze loan data on new, renewal and existing loans, including data provided by credit bureaus, agent banks, borrowers and Bank credit files
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Prepare spreadsheets, reports, summaries and opinions for loan officers on new, renewal and existing loans
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Perform credit inquiries for the Bank as requested
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Establish, review and update new and existing credit files on a regular basis
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Provide technical advice and assistance to Relationship Manager as needed
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Work with Relationship Manager on proposals
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Prepare loan approval presentations
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Work with Loan Operations and/or attorneys to generate and review (for accuracy) documents and coordinate loan closings
2. Management of client relationships
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Negotiate loan extensions and renewals
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Respond to client inquiries
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Request and review updated financial and operating information. Confirm or recommend loan grade changes based on analysis performed
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Covenant compliance testing
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Update loan files
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Assist in preparation of Watch Report, Board Reports and other reporting as needed
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Work with Loan Operations and Deposit Operations to resolve client issues
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Fund draw requests
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Work with Treasury Management to meet the clients’ cash management needs
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Monitor and address past due loans and overdrawn deposit accounts
3. Additional departmental duties
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Attend department meetings
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Attend Management Loan Committee and Director’s Loan Committee meetings
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Attend Bank Officer meetings
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Review information on market trends in commercial lending
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Maintain knowledge of underwriting and Loan Policy guidelines
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Attend training as required
4. Participation in CRA activities
5. Participation in networking events
Nonessential Duties
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Other duties as assigned
