Candidate Profile #418562

Illinois – Chicago Area – Sr. Commercial Credit Officer

• Years of Related Experience: 16
• Minimum Salary: $105K
• Work Area:  Chicago, Illinois Area
• Experience:
  • Underwrite for all types of commercial loans (C&I, CRE, SBA)
  • Knowledge of CECL, and underwrite credit facilities for the acquisition or refinance of commercial real estate properties.
  • Manage a credit portfolio and make sound credit decisions that enhance portfolio performance.
  • Average commercial loan deal size underwritten $5MM-$20MM and up to $100MM.
  • Single Loan Approval Authority up to $4MM.
  • Responsible for a $500MM loan portfolio.
  • Assess the creditworthiness of new and existing credit applications.
  • Evaluate new loan requests, annual reviews, loan modification requests, and collateral releases.
  • Collaborate effectively with clients, loan officers, and internal stakeholders and have experience training junior team members.
  • Prepare detailed loan memos outlining recommendations for approval or denial of credit.
  • Identify early warning default signals for borrowers and develop strategies to remediate.
  • Developed expertise in inventory finance programs with major manufacturers under program contracts.
  • References are available.
• Education:  Bachelor’s Degree in Finance
• Reference #:  418562
• Send Candidate’s Resume:  Click Here