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, lending, and relationship-management professionals.

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

• Create business proposals, client presentations, meeting materials, account-opening documents, and client correspondence.

• Address client inquiries and concerns while supporting sales and service efforts.

• Suggest workflow enhancements to improve efficiency and service quality.

• Evaluate risk, financial, and profitability ratings and assessments.

• Analyze data to generate insights and recommendations.

• Track performance and manage issues as they arise.

• Design and produce both regular and ad-hoc reports and dashboards.

• Implement and oversee procedural and policy modifications.

• Manage operational audits and controls effectively.

• Oversee credit, non-credit, lending, and associated accounts.

• Establish and maintain accounts, collateralization, and documentation.

• Facilitate funding or underwrite loan applications, providing recommendations as necessary.

• Verify and process loan drawdowns efficiently.

• Monitor overdrafts, covenant tests, collateral, renewals, registrations, expirations, and lending documentation.

• Identify and escalate any irregularities or discrepancies.

• Collect applicable fees in a timely manner.

• Participate in audits and compliance assessments.

• Comply with ethical standards, security measures, fraud prevention, anti-money laundering, regulatory, and risk management guidelines.

• Collaborate with internal and external stakeholders to achieve business objectives.

⛳️ Requirements

• Generally requires 4–6 years of pertinent experience.

• A post-secondary degree in a related field or an equivalent mix of education and experience.

• Credit Qualification must align with established credit qualification processes, policies, and procedures.

• Experience in Commercial Loan and Underwriting within a financial services context.

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

• Thorough understanding of loan and security documentation, including registration and renewal procedures.

• Technical skills developed through education and/or business experience.

• Excellent verbal and written communication abilities.

• Strong collaboration and teamwork capabilities.

• Proficient analytical and problem-solving skills.

• Effective influencing skills.

• Strong data-driven decision-making abilities.

• Federal registration with the Nationwide Mortgage Licensing System and Registry is required for U.S. consumer loan originators.

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

• There are restrictions on functioning in a real estate agent capacity.

🏝️ Benefits

• Incentives based on performance.

• Discretionary bonuses.

• Health insurance coverage.

• Tuition reimbursement options.

• Accident and life insurance benefits.

• Retirement savings plans.

• Comprehensive training and coaching.

• Support from management.

• Opportunities for networking.

• Tools and resources to help achieve new milestones.

• Reasonable accommodations for individuals with disabilities.