• Commercial Loan Originator

    Job Location
    United States-IL-Rolling Meadows
    Work Status
    Full-Time
    Department
    Commercial Lending
    FLSA Status
    Exempt
    Requisition ID
    2018-1902
  • 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?

    In addition to identifying, developing and maintaining correspondent lending relationships with specified commercial mortgage bankers across the country, you would be responsible for effectively conveying and enforcing lending standards and parameters established by the business lending management team. You will closely partner with the commercial underwriting and closing/servicing teams to create a seamless experience that puts customer service at the fore.  Furthermore, you would be responsible for assisting the Manager, Commercial Loan Originations with compiling performance statistics, dissecting and analyzing these figures, and presenting associated findings and insights to various internal committees when called upon. 

    Responsibilities

    Do you see yourself doing this?

    • Working to identify and enter into correspondent relationships with highly regarded mortgage bankers in select markets nationally
    • Deepening aforementioned relationships and exit those that are unproductive
    • Originating and closing $125MM+ of loans annually that comply with MBL credit standards
    • Conducting preliminary review of loan opportunities and collaborating with Commercial Lending Underwriters to ensure accuracy and completeness of all loan submittals
    • Procuring all materials needed to fully analyze and advance associated transactions to underwriting
    • Collaborating with Commercial Lending Underwriters to gather all materials necessary for annual credit reviews
    • Assisting leadership with compiling reports, and special projects as requested
    • Responding to inquiries by auditors and examiners
    • Supporting the Credit Union's strong relationship culture through on-going customer contact, quality customer service and superior product knowledge
    • Staying abreast of industry developments through membership in trade associations, trade journal subscriptions and attendance at seminars and conferences

    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 Accounting, Finance, Management (or a related field) with a minimum of 5 years in commercial real estate lending in a bank, credit union, CMBS or an institutional lending environment plus you have/can:

    • Excellent verbal and written communication skills
    • Strong organizational, collaborative and consultative skills
    • Thorough knowledge of credit and strong analytical and problem solving skills      
    • SBA lending experience a plus
    • The ability to gather, compile and synthesize financial data required to ascertain credit risk
    • Travel up to 50% (required)

    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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