Commercial Credit Analyst - To 75K - Lombard, IL - Job 3493
The Symicor Group
The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, 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 PositionOur bank client is seeking to fill a Commercial Credit Analyst role in the Lombard, IL market. The successful Credit Analyst candidate will be responsible for processing daily credit transactions per the credit policy and procedures, maintaining records and files on all credit transactions, including correspondence and documents.
This position comes with a generous salary of up to $75K and full benefits package. (This is not a remote position).
Commercial Credit Analyst responsibilities include:
- Performing in-depth financial analysis (spreading and analyzing financial statements).
- Receiving data on prospective and active borrowing accounts, i.e., financial statements, tax returns, agency and credit reports, and interview and investigation sheets.
- Analyzing data and evaluates the short- and long-run prospects of the individual or company.
- Making recommendations to appropriate personnel on the granting or denying of loans.
- Preparing sufficient information to document recommendations, if assigned to a lending function.
- Suggesting a loan grade after conducting a thorough credit analysis and documentation review.
- Ensuring that all credit analysis activities are conducted in accordance with prescribed lending policy.
- Providing thorough documentation of all financial analysis work, including ratios, cash flow, and collateral analysis, and other related information.
- Accompanying Commercial Lenders on customer’s meetings when needed.
- Providing leadership, on-the-job training, and technical guidance to the other credit analysts.
- All other duties assigned.
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 a related field of study preferred specialized financial analysis training.
- Five or more years of experience as a Credit Analyst required.
- Experienced in preparing credit presentations.
- Able to manage/process/track annual reviews of the necessary credits.
- Thorough knowledge of current lending and loan review regulations and banking regulations, procedures, and operations.
- Proficient ability to analyze and interpret financial statements.
- Excellent written and verbal communication skills.
- Strong organizational skills with an eye for detail.
- Ability to multi-task.
- Adept with spreadsheet and word processing software as well as have experience working in a digital office environment.
The next step is yours. Email us your current resume along with the position you are considering to:
(url removed)
Sr. Commercial Credit Analyst - To 85K - Addison, IL - Job 3269
The Symicor Group
- Analyzing and monitoring the creditworthiness of the Bank’s clientele.
- Analyzing financial statements, tax returns, and bank references to evaluate the financial condition of individuals and businesses applying for credit with the Bank.
- Recommending credit lines within the established guidelines.
- Researching background documentation and review personal and business financial statements and tax returns.
- Reviewing and analysis of financial statements on existing borrowers for renewal loans.
- Reviewing and preparing written analyses, spreadsheets, reports, summaries, and opinions.
- Preparing and assisting in the preparation of loan memorandum for presentation to loan committee, and/or board review in the lender’s absence.
- Assisting with the post-closing review of loan files to ensure the completeness of the file and that all collateral has been secured properly.
- Assists lenders on calls as assigned by the senior lender.
- Updating collateral values, as needed on delinquent loans.
- Assisting with the preparation of the ALLL (Allowance for Loan and Lease Losses).
- Assisting with the preparation of loan portfolio reports for exams, audits, etc.
- Performing additional duties as requested, needed, or assigned.
- Minimum High School Diploma or GED equivalent is required; A bachelor’s degree in business, finance, or accounting is preferred.
- Three or more years of progressively responsible experience working with credit file systems and other aspects of the job required.
- thorough knowledge of commercial lending, complex credit underwriting, and the business objectives of the lending department.
- Strong analytical skills to conduct commercial appraisal reviews/income evaluations.
- Good interpersonal skills to represent the Bank and effectively negotiate commercial lending deals.
- Excellent written and verbal communication skills are required.
- Familiarity with financial statement spreading software, and completion of a formalized credit training program strongly preferred.