First Bank Chicago in
This position reports to: John Berghorst, Chief Lending Officer, Commercial Real Estate
Basic Function Originate and manage client relationships, underwrite loans and complete financial analysis, prepare loan proposals and commercial loan applications for self and senior relationship managers of the Commercial Real Estate Lending department.
Essential Duties
Originate and manage client relationships
Develop new prospects, manage and grow a portfolio of existing real estate relationships
Identify and execute on a variety of real estate transactions including multifamily, industrial, office and commercial construction loans
Maintain and manage a portfolio, with ability to build relationships with existing and prospective clients focusing on revenue growth, fee income, deposits and cross‑selling services
Respond to client inquiries
Request and gather updated financial and operating information, perform financial analysis and confirm loan grades or recommend changes based on the analysis
Update paper and/or electronic client loan files
Work with Loan Operations, Deposit Operations and business bankers to meet clients’ banking needs
Monitor and address past‑due loans and overdrawn deposit accounts
Review information on market trends in commercial real estate
Underwrite and close commercial real estate loans
With senior relationship managers, interview clients and prospects regarding credit and service needs
Perform site inspections, prepare corresponding site inspection memos and enter the memos into the CRE site inspection tracking file
Review appraisals and other third‑party reports including credit inquiries
Evaluate financial and operating information including property‑level cash flows and guarantor financial information
Prepare loan proposal letters and commercial loan applications for self and senior relationship managers
Work with Loan Operations and/or attorneys to generate and review loan documents and coordinate loan closings, tracking progress against the checklists and gathering requisite documents to share with the Loan Closer
Attend Management Loan Committee and Director’s Loan Committee meetings as needed
Attend Officers’ meetings
Maintain familiarity with underwriting and Loan Policy guidelines
Attend training as required
Participate in CRA activities which require a minimum of 12 hours of volunteering annually
Nonessential Duties
Other duties as assigned
Knowledge, Skills & Abilities
Organized, detail oriented
Ability to create monitoring and tracking systems
Skilled in financial analysis, deal structuring and loan underwriting
Understanding of real estate lending, CRE loan policy and regulatory requirements
Ability to multi‑task while meeting deadlines
Ability to solve problems
Ability to work in a fast‑paced environment
Tact and diplomacy in dealing with team members, bank employees and clients
Strong written and verbal skills
Proficiency with Microsoft Word, Excel, PowerPoint and Outlook
Knowledge of FISERV
Training & Experience
Bachelor’s degree in Business, Accounting, Finance, Economics or equivalent related experience
2 – 3 years of financial analysis experience
Minimum of two years’ work experience in a commercial real estate lending environment
Compensation
Expected Salary Range: $95,000 – $115,000 annually
Salary will be negotiated based on relevant skills and experience as well as internal equity and alignment with market data.
First Bank Chicago offers a comprehensive benefits package including medical/dental/vision/life insurance; 401(k); paid time off (PTO); and eligibility for an annual bonus. For a complete listing of benefits, please visit our website: https://firstbankchicago.com/Employee-Benefits.
First Bank Chicago is an Equal Opportunity Employer: disability/veteran
Crain’s Chicago Best Places to Work 2018 I 2019 I 2020 I 2021 I 2022 I 2023 I 2024 I 2025
Salary Minimum: 95000 Salary Maximum: 115000
#J-18808-Ljbffr
Basic Function Originate and manage client relationships, underwrite loans and complete financial analysis, prepare loan proposals and commercial loan applications for self and senior relationship managers of the Commercial Real Estate Lending department.
Essential Duties
Originate and manage client relationships
Develop new prospects, manage and grow a portfolio of existing real estate relationships
Identify and execute on a variety of real estate transactions including multifamily, industrial, office and commercial construction loans
Maintain and manage a portfolio, with ability to build relationships with existing and prospective clients focusing on revenue growth, fee income, deposits and cross‑selling services
Respond to client inquiries
Request and gather updated financial and operating information, perform financial analysis and confirm loan grades or recommend changes based on the analysis
Update paper and/or electronic client loan files
Work with Loan Operations, Deposit Operations and business bankers to meet clients’ banking needs
Monitor and address past‑due loans and overdrawn deposit accounts
Review information on market trends in commercial real estate
Underwrite and close commercial real estate loans
With senior relationship managers, interview clients and prospects regarding credit and service needs
Perform site inspections, prepare corresponding site inspection memos and enter the memos into the CRE site inspection tracking file
Review appraisals and other third‑party reports including credit inquiries
Evaluate financial and operating information including property‑level cash flows and guarantor financial information
Prepare loan proposal letters and commercial loan applications for self and senior relationship managers
Work with Loan Operations and/or attorneys to generate and review loan documents and coordinate loan closings, tracking progress against the checklists and gathering requisite documents to share with the Loan Closer
Attend Management Loan Committee and Director’s Loan Committee meetings as needed
Attend Officers’ meetings
Maintain familiarity with underwriting and Loan Policy guidelines
Attend training as required
Participate in CRA activities which require a minimum of 12 hours of volunteering annually
Nonessential Duties
Other duties as assigned
Knowledge, Skills & Abilities
Organized, detail oriented
Ability to create monitoring and tracking systems
Skilled in financial analysis, deal structuring and loan underwriting
Understanding of real estate lending, CRE loan policy and regulatory requirements
Ability to multi‑task while meeting deadlines
Ability to solve problems
Ability to work in a fast‑paced environment
Tact and diplomacy in dealing with team members, bank employees and clients
Strong written and verbal skills
Proficiency with Microsoft Word, Excel, PowerPoint and Outlook
Knowledge of FISERV
Training & Experience
Bachelor’s degree in Business, Accounting, Finance, Economics or equivalent related experience
2 – 3 years of financial analysis experience
Minimum of two years’ work experience in a commercial real estate lending environment
Compensation
Expected Salary Range: $95,000 – $115,000 annually
Salary will be negotiated based on relevant skills and experience as well as internal equity and alignment with market data.
First Bank Chicago offers a comprehensive benefits package including medical/dental/vision/life insurance; 401(k); paid time off (PTO); and eligibility for an annual bonus. For a complete listing of benefits, please visit our website: https://firstbankchicago.com/Employee-Benefits.
First Bank Chicago is an Equal Opportunity Employer: disability/veteran
Crain’s Chicago Best Places to Work 2018 I 2019 I 2020 I 2021 I 2022 I 2023 I 2024 I 2025
Salary Minimum: 95000 Salary Maximum: 115000
#J-18808-Ljbffr