Commercial Loan Review Officer jobs in Chicago, IL

Commercial Loan Review Officer performs reviews of bank's commercial loans to ensure compliance with established policies and credit standards. Reviews small loans of little complexity. Being a Commercial Loan Review Officer typically requires a bachelor's degree. Typically reports to a supervisor or manager. The Commercial Loan Review Officer gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Commercial Loan Review Officer typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)

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Commercial Loan Officer I
  • Self-Help External
  • Chicago, IL FULL_TIME
  • WHO We Are: 

    Self-Help started in 1980 with a focus on economic inequality, especially in communities that have faced systemic barriers in building wealth. At the core of what Self-Help does is a drive to create and protect ownership and economic opportunity. In other words, we’re committed to economic justice! Economic Justice means that all communities have the basic infrastructure they need to thrive, from high-quality schools to grocery stores selling fresh food resources that support opportunity at a neighborhood level regardless of demographics, income, or wealth. Since our founding, we’ve constantly sought to find new ways to pursue greater economic justice: from providing fair and affordable loans to working with partners to demand that lawmakers change unjust policies. 

    Do you enjoy teamwork and the art of the transaction while also making an impact in the community? Come join Self-Help’s national Commercial Lending team! We are looking for colleagues who embrace diversity, equity, and inclusion, as well as a collaborative workplace where everyone feels valued – especially our customers.

    Role Overview: 

    Self-Help is seeking a Commercial Loan Officer I (LOI) to contribute to originating and closing commercial loans including assessing an applicant, financial analysis, industry and market research, management capacity, and collateral, among other factors, to complete a loan transmittal for underwriting. The LOI will also assist with loan disbursements and construction monitoring, as well as ongoing support of portfolio borrowers. The LOI is responsible for completing tasks to support the origination of and portfolio support for loans of varying sizes and complexities and helping to ensure that all loans conform to Self -Help’s underwriting policies. Critical to this role is the understanding of the value of teamwork and customer relationships as the LOI will have direct contact with both internal and external customers and will work closely with more experienced loan officers, business development officers / sector leaders, closers, and underwriters to perform the principal duties and responsibilities of this role. This position will have a primary focus on originating large construction loans for market rate, affordable and mixed-income multifamily housing incorporating complex ownership and financing structures, with a secondary focus on deployment of specialized affordable housing funds. 

    Based on experience, the role may be filled at a more senior level 

    WHAT You’ll do: 

    • As directed, completes tasks to support industry, financial, and risk assessment analysis required for underwriting loan originations or modifications. 
    • Assists with drawing conclusions from analysis in collaboration with experienced teammates.   
    • Learns internal credit and program requirements. 
    • Analyzes, reads and interprets third-party reports on environmental, market and collateral topics. Conclusions are reviewed by others. 
    • With direction, prepares parts of the credit memo and oral presentation of loan origination or modification requests, which are reviewed by the lead loan officer and underwriter. 
    • Works cooperatively in teams through loan underwriting, approval, closing, disbursement, and post-closing processes.  
    • With guidance, completes assigned tasks in support of active loans led by other LOs.  To learn, serves as secondary LO / follows the complete loan life cycle on about one loan at a time.   
    • With guidance, works within established deadlines and follows through to meet them.  Works with supervisor to manage among competing priorities.  Communicates appropriately with teammates. 
    • With guidance, completes assigned tasks in support of closed loans. 
    • Applies team player skills and ability to work effectively in a cooperative and diverse environment throughout loan life cycle. 
    • Provides good customer service, including prompt responses to internal requests for support and task completion on loans in origination and portfolio loans. 
    • Builds rapport and relationships both internally and externally sufficient to accomplish the work. 
    • Completes tasks in support of loan originations and closed loans (disbursements, portfolio activities) for a proportionate share of loan originations and portfolio activity per year.  
    • Develops knowledge in multiple sectors / geographic locations. 
    • Expertly completes simple tasks and, with support, completes more complex tasks in support of loans of a variety of sizes and collateral types. 
    • Perform other duties as may be deemed necessary. 

    WHAT You’ll need: 

    • Bachelor’s degree in related field OR equivalent related experience. 
    • 3 years of experience in in lending, finance, or community development OR equivalent related experience. 
    • Strong commitment to our mission – creating economic opportunity for traditionally underserved communities. 
    • Preference for working in organizations that place priority on teamwork and collaboration. 
    • Self-motivated to successfully complete assigned work. 
    • Seeks support to produce quality work product. 
    • Individual contributor to activities to support loan life cycle. 
    • Ability and willingness to work beyond normal work hours, as needed. 
    • Ability to demonstrate Self-Help's Core Values: 
      • Mission Before Self 
      • Service With Excellence 
      • Embracing & Promoting Change 
      • Results Not Credit 
      • Diversity as a Strength 
      • Financial Sustainability for Mission Impact

    Compensation:   

    Competitive nonprofit compensation, based on experience, plus a generous benefits package. 

    Application: 

    Visit our Careers Page to apply for this position.  This position will remain posted until filled. 

    Self-Help is committed to providing equal employment opportunities to all persons, regardless of race, religion, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression (including transgender status), age, sexual orientation, military and veteran status, class or family status. 

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Commercial Loan Officer I
  • Self-Help Services Corp
  • Chicago, IL FULL_TIME
  • WHO We Are: Self-Help started in 1980 with a focus on economic inequality, especially in communities that have faced systemic barriers in building wealth. At the core of what Self-Help does is a drive...
  • Just Posted

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Loan Officer
  • Paramount Residential Mortgage Group
  • Schaumburg, IL FULL_TIME
  • Overview PRMG is Built by Originators for Originators. There is a reason why PRMG is consistently voted one of the best places to work. We focus on the areas that make an Originator successful and hav...
  • 18 Days Ago

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Loan Officer
  • Lennar Corporation
  • Dundee, IL FULL_TIME
  • Loan OfficerUS-IL-East DundeeJob ID: 2024-32732Type: Regular Full-Time# of Openings: 1Category: MortgageLENMORT - East Dundee ILOverviewLennar Mortgage is centered around personal growth, innovation, ...
  • 4 Days Ago

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Loan Officer
  • Knock
  • Chicago, IL FULL_TIME
  • We are seeking a sales-driven, professional Mortgage Loan Officer to join our team. As a Loan Officer you will self-generate partnerships that drive loan applications and fundings of Knock Bridge Loan...
  • 9 Days Ago

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Commercial Loan Relationship Manager
  • First American Bank
  • Village, IL FULL_TIME
  • Job Description First American Bank was founded in Chicago, and over the years has expanded throughout Wisconsin and Florida. As the largest privately held bank in Illinois, we now have over 60 locati...
  • 5 Days Ago

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0 Commercial Loan Review Officer jobs found in Chicago, IL area

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Senior Associate - Loan Agency
  • Apex Group Ltd
  • Chicago, IL
  • Description The Apex Group was established in Bermuda in 2003 and is now one of the world's largest fund administration ...
  • 3/28/2024 12:00:00 AM

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Branch Sales Manager
  • Republic Bank
  • Chicago, IL
  • Branch Sales Manager Tracking Code 304-258 Job Description **GENERAL FUNCTION:** Primary focus of this role is to build,...
  • 3/27/2024 12:00:00 AM

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Business Banker - Lakeview/Lincoln Park
  • Lakeside Bank
  • Chicago, IL
  • Job Description Job Description Business Banker-Lakeside Bank Lakeview/Lincoln Park Summary: Generate new profitable fin...
  • 3/27/2024 12:00:00 AM

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Mortgage Loan Officer - Chicago, IL
  • PNC Financial Services Group
  • Chicago, IL
  • Job Profile Position Overview At PNC, our people are our greatest differentiator and competitive advantage in the market...
  • 3/26/2024 12:00:00 AM

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Portfolio Manager
  • Lakeside Bank
  • Chicago, IL
  • Job Description Job Description Portfolio Manager-Lakeside Bank South Loop Reports to: EVP & Chief Lending Officer Hours...
  • 3/26/2024 12:00:00 AM

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Vice President Loan Collateral Manager
  • Careerbuilder
  • Chicago, IL
  • Vice President Loan Collateral Manager page is loaded Vice President Loan Collateral Manager Apply locations Rosemont, I...
  • 3/25/2024 12:00:00 AM

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Lead Litigation Desk Adjuster - Construction Defect
  • American Family Mutual Insurance Company, S.I.
  • Chicago, IL
  • At American Family Insurance Claims Services (AFICS, Inc.), we're embarking on a transformation of our claims capabiliti...
  • 3/25/2024 12:00:00 AM

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Manager - Financial Investigation and Dispute Services - Commercial Litigation - REMOTE
  • RSM Global
  • Chicago, IL
  • We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence...
  • 3/24/2024 12:00:00 AM

Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,716,450 (2017), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States, and the fourth largest in North A...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Commercial Loan Review Officer jobs
$57,977 to $81,836
Chicago, Illinois area prices
were up 0.8% from a year ago

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Evaluates quality of commercial loans and the assigned risk ratings indicating borrower’s financial strength and probability of loan repayment.
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