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Old Second National Bank · 10 hours ago

Senior Commercial Underwriter (Officer/AVP)

Downers Grove, IL

Full-time

Hybrid

Mid Level

$62K/yr - $75K/yr

3+ years exp

Old Second National Bank is a well-established financial institution with over 150 years of service in the Chicago area. The Senior Commercial Underwriter is responsible for analyzing customer financial information and underwriting commercial loans, ensuring compliance with lending guidelines and collaborating with commercial lenders to assess complex credits.

BankingFinanceFinancial Services

Responsibilities

Spreads and analyzes customer financial information in collaboration with commercial lenders. Is able to work independently to complete nearly all assignments

Efficiently and accurately analyzes and assigns loan ratings to credits in bank portfolio

Prepares and reviews spreadsheets for monthly exception reports

Serves as department resource regarding bank policies and external regulatory requirements as they pertain to lending

Proactively partners with Commercial Lenders to go on joint customer calls in order to develop credit and sales skills and/or serves in a leadership role to help develop and educate less experienced analysts

Partner with Commercial Lenders to discuss and review complex credits, and make financial and covenant recommendations as appropriate

Collaborates with lenders as necessary on preparation of customer loan presentations

Contributes as requested in on-site inspection of collateral

Participate in special projects if required

Qualification

Financial analysisRisk assessmentCommercial banking knowledgeMicrosoft OfficeAnalytical skillsCommunication skillsProblem solvingTime management

Required

Bachelor's degree in Accounting, Finance, Business or related area of study and three or more years of related experience (commercial banking, finance, credit, etc.); or equivalent combination of education and experience

Strong understanding of balance sheet, leverage, risk ratios

Proficient in Microsoft Office (Word/Excel/Outlook)

General banking (credit/debit) knowledge

Excellent communication skills (verbal/written)

Demonstrated analytical and problem solving skills

Time management and ability to work within a fast paced environment