This job was posted by https://illinoisjoblink.illinois.gov : For more
Information, Please See
https://illinoisjoblink.illinois.gov/jobs/12654819
**Basic Function**
Provide administrative and underwriting support for the Commercial Real
Estate Lending Department including financial analysis, preparing loan
proposals and commercial loan applications.
**Essential Duties**
- Assist in underwriting and closing of Commercial Real Estate (CRE)
loans.
- Interview clients and prospects regarding credit and service
needs with relationship managers
- Perform site inspections
- Order and review appraisals and other third-party reports
including credit inquiries
- Evaluate financial and operating information including property
level cash flow and guarantor financial information
- Prepare loan proposal letters and commercial loan applications
- Work with Loan Operations and/or attorneys to generate and
review loan documents and coordinate loan closings
- Prepare checklists and gather required documentation\
- Manage client relationships.
- Update paper and/or electronic loan files
- Assist in preparation of watch reports, board reports and other
reporting as needed
- Monitor and address past due loans and overdrawn deposit
accounts\
- Additional departmental duties.
- Attend department meetings
- Attend the Management Loan Committee and Directors Loan
Committee meetings as needed
- Review of information on market trends in commercial real estate
- Maintain familiarity with underwriting and Loan Policy
guidelines
- Attend training as required\
- Participate in Community Reinvestment Act (CRA) activities.\
- Monitor receipt of financial information required by loan approvals
and submit information to Loan Operations to update FISERV line
ticklers.
- Review the monthly Line Tickler Reports for information that is
past due.
- Prepare letters or emails to clients requesting updated
information.
- Review letters and emails with relationship managers to ensure
the accuracy of the information requested before forwarding to
clients.
- Monitor receipts of clients financial information.
- Update the FISERV line tickler for the information received.
- Notify the relationship manager of non-responses or challenges
from a client.\
- Complete Commercial Loan projects as assigned by the manager and/or
department head.
**Nonessential Duties**
