Senior Private Bank Associate, Credit

This is a fully remote position, open to applicants in Illinois.

📋 Description

• Deliver exceptional customer service and manage portfolios for lending services.

• Assist banking and lending specialists, as well as relationship managers.

• Conduct proactive credit analysis, structuring, decision-making, and portfolio oversight.

• Create business proposals, client presentations, materials for client meetings, account-opening documentation, and communications with clients.

• Address client inquiries and concerns while offering sales and service support.

• Evaluate client solutions and credit structures, recommending best practices.

• Assist in strategic initiatives and collaborate with both internal and external stakeholders.

• Execute risk, financial, and profitability analyses, providing insights and recommendations.

• Track performance, tackle issues, and generate regular and ad-hoc reports and dashboards.

• Implement and oversee changes in procedures and policies.

• Manage operational audits, controls, and daily portfolio administration.

• Set up and maintain accounts, collateralization, and necessary documentation.

• Facilitate funding or underwrite loan applications based on specialization.

• Confirm and process loan drawdowns, ensuring all required security documentation is complete.

• Review overdrafts and monitoring reports.

• Conduct margin and covenant tests.

• Maintain, prepare, and register security collateral.

• Monitor security renewals, registrations, expiry dates, and the integrity of lending documentation.

• Report any irregularities and discrepancies.

• Collect applicable fees while participating in audits and compliance reviews.

• Comply with conduct, ethical standards, security protocols, safeguarding measures, banking, investment, lending, and risk management requirements.

⛳️ Requirements

• Generally, 4–6 years of relevant experience.

• A post-secondary degree in a related field of study or a comparable combination of education and experience.

• Credit qualification as per established credit qualification processes, policies, and procedures.

• Experience in commercial loan and underwriting within a financial services setting.

• Extensive knowledge of personal and commercial credit, non-credit products, and monitoring/operational processes and applications.

• Comprehensive understanding of loan and security documentation, including registration and renewal routines.

• Technical proficiency acquired through education and/or professional experience.

• Strong verbal and written communication skills.

• Exceptional collaboration and teamwork abilities.

• Strong analytical and problem-solving capabilities.

• Effective influencing skills.

• Proficient in data-driven decision-making.

• Federal registration with the Nationwide Mortgage Licensing System and Registry is mandatory.

• A criminal background check and credit history evaluation are required.

• Restrictions apply to performing in a real estate agent capacity.

🏝️ Benefits

• Incentives based on performance.

• Discretionary bonuses.

• Health insurance coverage.

• Tuition reimbursement programs.

• Accident and life insurance.

• Retirement savings plans.

• Extensive training and coaching opportunities.

• Support from management.

• Opportunities for networking.

• Tools and resources to achieve new milestones.