The Senior Credit Analyst II manages loan transactions, assists sales staff in credit evaluation, supervises staff, and communicates with senior stakeholders to ensure compliance and proper analysis, approving loans within authority.
POSITION SUMMARY
Responsible for assisting the sales staff through the evaluation, analysis and management of loan transactions of current and prospective customers including periodic reviews. Manages and supervises assigned staff.
ESSENTIAL REQUIREMENTS
- Manages the daily workflow of a specific region/division and the assigned staff to ensure current loans are in conformity with terms.
- Assists Relationship Managers with new and existing credit relationships.
- Reviews financial statements, prepares summaries, facts and opinions concerning credit worthiness.
- Communicates directly with CEO, CFO, CPAs and attorneys of customers and prospects regarding credit related matters.
- Reviews transactions prepared by Credit Analysts for approval, both written and verbally.
- Reviews and administers loan and loan commitments to ensure adherence to policy guidelines and documentation is adequate to secure collateral.
- Develops and prepares reports and records relating to business loans, as required.
- Properly grades the account.
- Performs cash flow and financial analysis.
- Manages annual customer performance.
- Approves loan requests up to assigned credit authority (secured $1,000,000; unsecured $100,000).
- Serves a voting member of the credit committee.
- Responsible for the supervision of assigned staff and exercises the usual authority concerning staffing, performance appraisals, promotions, salary recommendations, and terminations.
- Regular and predictable attendance is an essential requirement of the position.
- Responsible for the completion of all compliance training related to the position.
- Must understand all applicable laws and regulations that apply to the position and complies with the requirements.
NON-ESSENTIAL FUNCTIONS
Performs all other duties as assigned.
EXPERIENCE/SKILLS
- Seven (7) years or more of credit analysis or accounting experience preferred.
- Management experience preferred (2 or more years).
- Knowledge of banking industry a plus.
- Credit skills that would allow for accurate and appropriate credit underwriting of a loan request.
- Ability to assess collateral values.
- Ability to utilize various software packages (i.e., Moody’s, CBS)
- Ability to assess management’s abilities.
- Good PC skills--proficiency in Microsoft Word and Excel essential.
- Strong analytical and quantitative skills.
- Ability to communicate verbally and in written format.
- Ability to think independently.
EDUCATION/LICENSES
Bachelor’s degree in Accounting or Finance preferred. RMA-CRC credentials a plus.
TRAVEL REQUIREMENTS
Ability to travel to all locations as well as ability to travel overnight, as needed for meetings, projects, seminars, etc.
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals to perform the essential functions.
While performing the duties of this job, the employee is required to sit, stand and walk; use hands and fingers to operate keyboard and other office equipment; reach with hands and arms; and talk or hear. The employee is occasionally required to stoop or kneel. The employee may occasionally lift and/or move up to 10 pounds.
EQUIPMENT
MS Office PC, fax, phone and standard office equipment.
Equal Opportunity Employer/Protected Veterans/Individuals with DisabilitiesThis employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
Similar Jobs
.jpg)
Fintech • Insurance • Payments • Social Impact • Financial Services
The role involves sourcing new business for 1031 QI services, building client relationships, and facilitating tax-deferred exchanges while working independently and leveraging industry knowledge for client satisfaction.
Fintech • Information Technology • Insurance • Financial Services • Big Data Analytics
The Customer Care Advocate assists customers with insurance inquiries via phone and digital channels, providing support and resolving complex issues with professionalism. Requires customer service experience, operates within guidelines, and utilizes AI tools for efficiency, ensuring compliance and accuracy in documentation.
Top Skills:
Ai-Assisted Service ToolsCompliance StandardsCrm Platforms
Automotive • Big Data • Information Technology • Robotics • Software • Transportation • Manufacturing
The District Manager advocates for OnStar Connected Services at assigned dealerships, focusing on dealer relationships, training, performance coaching, and cross-functional collaboration to drive sales and customer satisfaction.
Top Skills:
MS OfficeOnstar ServicesTelematics
What you need to know about the Chicago Tech Scene
With vibrant neighborhoods, great food and more affordable housing than either coast, Chicago might be the most liveable major tech hub. It is the birthplace of modern commodities and futures trading, a national hub for logistics and commerce, and home to the American Medical Association and the American Bar Association. This diverse blend of industry influences has helped Chicago emerge as a major player in verticals like fintech, biotechnology, legal tech, e-commerce and logistics technology. It’s also a major hiring center for tech companies on both coasts.
Key Facts About Chicago Tech
- Number of Tech Workers: 245,800; 5.2% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: McDonald’s, John Deere, Boeing, Morningstar
- Key Industries: Artificial intelligence, biotechnology, fintech, software, logistics technology
- Funding Landscape: $2.5 billion in venture capital funding in 2024 (Pitchbook)
- Notable Investors: Pritzker Group Venture Capital, Arch Venture Partners, MATH Venture Partners, Jump Capital, Hyde Park Venture Partners
- Research Centers and Universities: Northwestern University, University of Chicago, University of Illinois Urbana-Champaign, Illinois Institute of Technology, Argonne National Laboratory, Fermi National Accelerator Laboratory
