• Commercial Lending Production Associate

    Job Location
    United States-IL-Rolling Meadows
    Work Status
    Full-Time
    Department
    Commercial Lending
    FLSA Status
    Exempt
    Requisition ID
    2018-1856
  • Start a Rewarding Career with Alliant

    Why Alliant?

    We’re not a typical financial institution – we’re better. We’re an innovative, fun-loving, highly-engaged group of professionals that are committed to our company and the communities we do business in. We love to recognize and celebrate each other.

     

    Over 90% of our employees say we are a great workplace that is focused on our mission, vision and the future of banking.

     

    What will your day look like?

    You will be responsible for providing support to the three main disciplines of commercial lending – Originations, Underwriting, Closing/Servicing. You will perform a diverse range of duties that entails gathering, tracking, analyzing and reporting on borrower and property specific information.  You will also assist in supporting the specific needs of the Commercial Lending Department as work flow dictates with the goal of improving the overall member experience.  To be successful, you must be extremely organized, detailed-oriented, analytically inclined, self-motivated and have a keen interest in learning all aspects of commercial real estate lending. General supervision is received from the Vice President, Commercial Lending with specific instruction provided by the Managers of Originations, Loan Administration and Closing/Servicing. 

     

    Responsibilities

    Do you see yourself doing this?

     

    Closing and Servicing

    • Assisting in securing the needed due diligence necessary to close commercial loans for review by the Manager, Commercial Closing and Servicing
    • Gathering complete and accurate loan documentation that conforms to approved terms and onboard new loans to properly reflect these terms and conditions
    • Providing timely and accurate reporting as requested
    • Promptly seeking guidance from and respond to Closing and Servicing Manager to ensure that inquiries are addressed appropriately

    Credit Administration

    • Assisting in analyzing new loan opportunities, focusing on both fully depicting the property’s strengths and weaknesses and the financial health of the transaction’s sponsors as determined by reviewing and reconciling credit reports, tax returns, financial data, market data, appraisals, etc.
    • Preparing presentations under the guidance of seasoned underwriters to help depict and manage portfolio risk
    • Collaborating with Loan Originators and Loan Closing Representatives to move loan requests through the approval and closing process
    • Performing site inspections
    • Actively ensuring output conforms to service level expectations

    Originations

    • Assisting Loan Originators with entering data into models
    • Analyzing new loan opportunities under the oversight of Loan Originators
    • Helping manage contact databases and CRM reporting

    Qualifications

    What makes you a great fit?

    You’ll be a great fit if in addition to the completion of a Bachelor’s degree in Business or related field; you have general training and/or exposure to commercial real estate or an equivalent combination of training and education. In addition, you have/are:

    • Proficient with Microsoft Office Suite including: Word, Excel, PowerPoint, and Outlook
    • A strong team player with demonstrated initiative
    • Excellent customer service skills and focus
    • Excellent organizational skills with ability to multitask in a fast paced environment
    • Strong written and oral communication skills
    • A strategic thinker with proven analytical ability and has strong attention to detail

     

    When you’re happy, we’re happy!

    As a thank you for joining our team, you’ll benefit from:

    • Competitive medical, dental, and free vision benefits
    • Competitive compensation plan
    • Contributions towards gym memberships
    • Generous PTO and banking holidays off

    Still not convinced?

    We’re on the list of 100 Best Medium Companies to work for, check it out here. For more details you can also visit our Glassdoor and LinkedIn profiles.

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