Commercial Banking Analyst Roles - New Graduate (January / June 2022 Start)
Republic Bank will be virtually visiting the following campuses this Fall 2021:
- Marquette University (Milwaukee, WI)
- DePaul University (Chicago, IL)
- Indiana University (Bloomington, IN)
- Illinois Wesleyan University (Bloomington, IL)
- University of Iowa (Iowa City, IA)
Republic Bank of Chicago's Commercial Credit Analyst role creates an opportunity for new college graduates to jump start their career within Commercial Banking. By offering a hybrid approach of mostly hands-on, one on one individualized training, and also utilizing external video and webinar trainings from accredited banking institutions, analysts will build a foundation of knowledge to excel in one of many available career paths: Commercial Lender, Credit Manager, or even roles within other specialty business lines.
The Commercial Credit Analyst is responsible for the underwriting and evaluation of commercial real estate and commercial & industrial loan requests. This individual will collaborate with the Commercial Lender or Team Leader on due diligence of credit requests, specifically for middle market clients.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Responsible for the preparation of quality, detailed financial analysis including cash flow models and collateral evaluations in order to identify potential credit risks.
- Capable of evaluating complex financial statements to spread and analyze in order to prepare a credit review.
- Make recommendations in accordance with sound banking practices in order to minimize risk exposure.
- Ensure commercial loan requests adhere to bank policies and procedures.
- Effectively communicate and partner with the Commercial Lender or Team Leader to assist with monitoring of the loan portfolio.
- May participate in on-site client meetings with the Commercial Lender or Team Leader.
- Assist with outgoing communication of the credit/ loan review function.
- Review and monitor construction and working capital draws.
- Maintain month-end Board of Director reports.
- Completion of special projects as required by senior management and other additional responsibilities as requested.
Required Skills
- Qualitative analytical skills
- Excellent oral and written communication skills
- Knowledge of MS Suite of Products (Word, Excel, and Outlook)
- Strong organizational skills
- Internet skills
Required Experience
- Completed Bachelor’s degree in Business, preferably Accounting or Finance (or expected by June 2022)
- Previous experience within a financial institution is a plus
Job Location
Oak Brook, Illinois, United States
*Hybrid office/remote work may be available
Position Type
Full-Time/Regular