Commercial Real Estate Officer

This position reports to: John Berghorst Chief Lending Officer Commercial Real Estate

Basic Function

Originate and manage client relationships underwriteloansand complete financial analysis prepare loan proposals and commercial loan applications forself andsenior relationship managers of the Commercial Real Estate Lending department.

Essential Duties

1. Originate andmanage client relationships

• Develop new prospects manage and grow a portfolio of existing real estate relationships

• Identifyand execute on a variety of real estate transactions including multifamily industrial office and commercial construction loans

• Maintain and manage a portfolio with ability to build relationships with existing and prospective clients focusing on revenue growth fee incomedepositsand cross-selling services

• Respondto client inquiries

• As needed request and gather updated financial and operating information perform financialanalysisand confirmloan gradesor recommend changes based on the analysis.

• Updatepaper and/or electronicclientloan files

• Work with Loan Operations DepositOperationsand business bankers to meet clients banking needs.

• Approvedrawrequests

• Monitor and address past due loans and overdrawn deposit accounts

• Reviewinformation on market trends in commercial real estate

1. Underwrite and close commercial real estate loans

• With senior relationship managers interview clients and prospectsregardingcredit and service needs.

• Perform site inspections prepare corresponding site inspectionmemosand enter the memos into the CRE site inspection tracking file.

• Review appraisals and other third-party reports including credit inquiries.

• Evaluate financial and operating information including property level cash flows and guarantor financial information.

• Prepare loan proposal letters and commercial loan applicationsfor self and senior relationship managers.

• Work with Loan Operations and/or attorneys to generate and review loan documents and coordinate loan closings to include tracking progress against the checklists and gathering requisite documents to share with the Loan Closer.

3. Additional Departmental duties:

• Attend department meetings

• Attend Management Loan Committee and Directors Loan Committee meetings as needed

• Attend Officers meetings

• Reviewinformation on market trends in commercial real estate

• Maintain familiarity with underwriting and Loan Policy guidelines

• Attend training asrequired

4. Participate in CRA activities which require a minimum of 12 hours of volunteering annually.

Nonessential Duties

• Other duties as assigned

Knowledge Skills & Abilities

• Organized detail oriented

• Ability to create monitoring and tracking systems

• Skilledinfinancial analysis dealstructuringand loan underwriting

• Understandingof real estate lendingCREloan policy and regulatory requirements

• Ability to multi-task while meeting deadlines

• Ability tosolve problems

• Ability to work in a fast-paced environment

• Tact and diplomacy in dealing with team members bankemployeesandclients.

• Strong written and verbal skills

• ProficiencywithMicrosoft Word ExcelPowerPointand Outlook

• Knowledge of FISERV

Training & Experience

• Bachelors degreein Business Accounting FinanceEconomicsor equivalent related experience

• 2 - 3years of financial analysis experience

• Minimum oftwoyearswork experience in acommercial real estate lendingenvironment

Compensation

• Expected Salary Range: $95000 - $115000 annually
• Salary will be negotiated based on relevant skills and experience as well as internal equity and alignment with market data.

Benefits

First Bank Chicago offers a comprehensive benefits package including medical/dental/vision/life insurance; 401(k); paid time off (PTO); and eligibility for an annual bonus. For a complete listing of benefits please visit our website:

First Bank Chicago is an Equal Opportunity Employer: disability/veteran

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