Lead Commercial Underwriter

Overview

In this hybrid role based at our Chicago Headquarters, you will analyze investor-owned commercial properties across asset types. Responsible to author detailed new loan opportunity memorandums, perform annual reviews, and assemble analytical reports as requested by management. Present portfolio management updates and new transactions to various committees. Interact with team members to validate and verify the accuracy of various deal aspects.

Meet deadlines and have a customer service mindset, serving as an expert to understand policies and standards.

• Analyze new loan opportunities, focusing on both fully depicting the propertys strengths and weaknesses and the financial health of the transactions sponsors as determined by reviewing and reconciling credit reports, tax returns, financial data, market data, and appraisals.
• Present findings to loan committees based on comprehensive underwriting in compliance with commercial loan policies and standards and credit risk parameters.
• Ensure timely completion of annual reviews and other assessment reports and present recommendations to loan committees.
• Provide risk rating adjustment recommendations due to covenant violations, changing economic and market conditions, collateral conditions and guarantor conditions.
• Make process and policy change recommendations to departmental leadership.

• Minimum — High School or Equivalent
• Preferred — 4 Year Bachelors Degree in Business, Finance, Accounting or Related

• Minimum — 5 Years in Investment banking, commercial real estate or related
• Minimum — 3 Years in Commercial underwriting

Typical hiring range: $84,200 - $131,000 Annually. Actual compensation will be determined using factors such as experience, skills and knowledge.

Additional Compensation: Annual performance bonus

Benefits: Alliant provides a benefits package including health care, vision, dental, and 401k with employer match.

• Work from home up to 3 days a week
• Paid parental leave
• Employee discount programs
• Time off including paid personal and sick days
• 11 paid holidays
• Education reimbursement

Note that eligibility and cost of benefits can vary depending on the number of regularly scheduled hours, and job status such as regular full-time, regular part-time, or temporary employment.

Adhere to and ensure compliance of all business transactions with policy and process of the Bank Secrecy Act. Ensures compliance with all applicable state and federal laws, company procedures and policies. Maintains integrity and ethics in all actions and conversations with or regarding credit union members and their accounts; complies with Privacy Act directives.

The responsibilities listed do not contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this position. Duties, responsibilities and activities may change at any time with or without notice.

Equal Opportunity Employer

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