Commercial Loan Underwriter (Real Estate)

Analyze 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. The Commercial Loan Underwriter – Real Estate will present portfolio management updates and new transactions to various committees. The position requires daily interactions with Loan Originators to validate and verify the accuracy of various deal aspects. Present findings to ACU loan committees based on a comprehensive underwriting in compliance with commercial loan Policy and Standards and credit risk parameters. Ensure timely completion of Annual Reviews and other assessment reports and present recommendations to ACU loan committees. Make process and policy change recommendations to departmental leadership.

According to JobzMall, the average salary range for a Commercial Loan Underwriter (Real Estate) in 11545 E Touhy Ave, Chicago, IL 60666, USA is $45,000 to $70,000 per year.

Alliant Credit Union is a member-owned financial cooperative which provides exclusive benefits to employees, retirees, and members of qualifying organizations and their family members; any member of the Foster Care to Success; and individuals who live or work in a qualifying community and their family members. Founded in 1935, Alliant is the eighth largest credit union by asset size in the United States with $9.7 billion USD in assets, and serves over 385,000 members worldwide.