Cooperative Business Services (CBS) · 1 month ago
Commercial Credit & Forensic Review Officer
United States
Full-time
Remote
Senior Level
$78K/yr - $90K/yr
5+ years expCooperative Business Services (CBS) offers comprehensive commercial lending solutions and is seeking a Commercial Credit & Forensic Review Officer. This role involves conducting thorough credit and forensic reviews of commercial loans to ensure underwriting quality, compliance, and risk mitigation while identifying potential fraud and misrepresentation.
BankingCommercialCreditFinanceFinancial ServicesReal Estate Investment
Responsibilities
Performs in-depth reviews of commercial loans to assess underwriting quality, loan structure, financial analysis, compliance with internal policies and regulatory requirements
Traces borrower and affiliate financial transactions from loan inception to identify inconsistencies, undisclosed relationships, or unusual fund movements
Investigates potential fraud, misrepresentation, or conflicts of interest involving borrowers, brokers, or originators to safeguard the organization's assets
Reviews insurance coverage, appraisals, environmental reports, and title documentation to verify accuracy and compliance
Identifies and documents exceptions in title searches, policies, and loan documentation to ensure proper risk mitigation and record-keeping
Prepares detailed investigative reports outlining findings, risk implications, and recommended corrective actions for management
Collaborates closely with credit, compliance, legal, and risk management teams to address identified issues and strengthen controls
Preforms other related duties as assigned by management
Qualification
Required
Bachelor's degree in Finance, Accounting, Economics, Business Administration, or a related field
5+ years' experience in commercial construction and CRE underwriting required with proven expertise in SBA 504 construction loan underwriting
Proficiency with credit spreading software, financial modeling, cash flow analysis, and construction draw software
Expertise in construction project budgets, draw schedules, feasibility analysis, and global cash flow
Strong understanding of commercial construction, multi-family, hospitality and mixed-use projects
In-depth knowledge of SBA 504 program guidelines, CDC coordination, and project eligibility
Benefits
Remote Work Environment
Generous Holidays: Take advantage of 13 paid holidays each year
Comprehensive Insurance Coverage: Choose from a selection of medical, dental, vision, and supplemental benefit plans to suit your needs. Additionally, the company provides company-paid Short-Term Disability (STD), Long-Term Disability (LTD), and life insurance equivalent to 1 time your salary.
401(k) Plan: The company provides a generous matching contribution of up to 6%.
Tuition Assistance
Company
Cooperative Business Services (CBS)
Cooperative Business Services offers a comprehensive, end-to-end commercial lending solution that empowers financial institutions with cutting-edge software, expert services, and strategic business development resources.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Andy Weingartner, CCUE
Chief Credit Officer
Recent News
Small Business Trends
2024-12-31
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