Senior Credit Analyst

Other Jobs To Apply

No other job posts for this day.

<p><strong>Position: Senior Credit Analyst </strong></p><p><strong><u>Who We Are: </u></strong></p><p>Renovo Financial is a rapidly growing Chicago-based private lender and mortgage servicer working with real estate investors who acquire and renovate single and multi-family residential properties. We pride ourselves on supporting clients by providing unparalleled service, from the loan application through the payoff. Renovo’s reliability and “win-win” solutions-oriented approach is just one reason why our repeat and referral rates far exceed the industry average. Renovo was honored to be named one of Crain’s 50 fastest-growing Chicago companies and the 2022 + 2023 Top Workplace winner, as recognized by The Chicago Tribune, and 2023 Best Workplace by Inc. Magazine.</p><p><br></p><p><strong><u>Position Summary: </u></strong></p><p>The position of Senior Credit Analyst is responsible for gathering and analyzing credit information on current and potential borrowers, determines the advisability of granting credit for diversified types of loans, & is the right-hand credit resource for Renovo’s VP of Lending. Their primary responsibility is to assist Renovo in writing quality loans swiftly, accurately, and efficiently with little compromise to production. This position is eligible for overtime.</p><p><br></p><p><strong><u>Ideal Candidate: </u></strong></p><p>The ideal candidate for this role is someone who has at least three years of experience as a real estate Credit Analyst at a community bank or private lender.</p><p><br></p><p><strong><u>Responsibilities: </u></strong></p><p>- Assists VP of Lending in performing pre-qualification assessment and analysis of Borrower’s financial condition</p><p>- Compiles data from credit bureaus, tax returns, and statement of assets etc. for analysis</p><p>- Prepares clear and precise executive summaries for presentation of proposed loans</p><p>- Coordinates with VP of Lending to manage the existing portfolio in regards to loan extensions, modifications and covenant tracking</p><p>- Makes recommendations and works with VP of Lending to structure loans and mitigate risk.</p><p>- Oversees the vetting process for potential new appraisers</p><p>- Supports the VP of Lending during Credit Committee by demonstrating knowledge of the pertinent information for each deal.</p><p>- Responsible for maintaining the integrity of the existing Credit Policy and making updates to the policy as needed.</p><p>- Performs other duties and responsibilities as required.</p><p><br></p><p><strong><u>Success Factors: </u></strong></p><p>• Risk Identification & Mitigation - Did you appropriately analyze the risk of the deal and determine potential mitigants?</p><p>• Facilitates effective communication between the VP of Lending and Credit Committee</p><p>• Process Efficiency/Continuous Improvement</p><p>• Effective Problem-Solving</p><p>• VP Review o Does the VP believe on a scale of 0-10, as their business partner, you helped them identify and mitigate risk, fully understand their deals, and spent your time on things important to the loan decision?</p><p><br></p><p><br></p><p><strong><u>Behavioral Characteristics: </u></strong></p><p>- <strong>Self-Motivated: </strong>You take stuff on without waiting to be told what to do</p><p>- <strong>Positive Attitude: </strong>You approach situations with a proactive and positive attitude</p><p>- <strong>Determined: </strong>You stay on course even during difficult assignments and you crave opportunity for advancement</p><p>- <strong>Team Player: </strong>You believe that to be successful you need to leverage and trust your team. You lead by example.</p><p>- <strong>Openminded: </strong>Always seeks to find and develop creative solutions</p><p><br></p><p><br></p><p><em>Renovo Financial is an equal opportunity employer. Renovo Financial does not discriminate in any employment actions (including hiring decisions) with regard to race, color, religion, national origin, citizenship status, ancestry, age, sex (including sexual harassment), sexual orientation, gender identity and expression, marital status, disability, military status or unfavorable discharge from military service or any other characteristic protected by law.</em></p><p><br></p><p><em>Renovo offers full-time employees a 401k plan with employer matching, paid time off, observance of company paid holidays, medical, dental, vision benefits for employees and their dependents, voluntary benefit offerings (life insurance and short-term disability), pre-tax FSA, commuter and dependent care benefits, maternity/paternity, hybrid work schedule, and more.</em></p>

Back to blog

Common Interview Questions And Answers

1. HOW DO YOU PLAN YOUR DAY?

This is what this question poses: When do you focus and start working seriously? What are the hours you work optimally? Are you a night owl? A morning bird? Remote teams can be made up of people working on different shifts and around the world, so you won't necessarily be stuck in the 9-5 schedule if it's not for you...

2. HOW DO YOU USE THE DIFFERENT COMMUNICATION TOOLS IN DIFFERENT SITUATIONS?

When you're working on a remote team, there's no way to chat in the hallway between meetings or catch up on the latest project during an office carpool. Therefore, virtual communication will be absolutely essential to get your work done...

3. WHAT IS "WORKING REMOTE" REALLY FOR YOU?

Many people want to work remotely because of the flexibility it allows. You can work anywhere and at any time of the day...

4. WHAT DO YOU NEED IN YOUR PHYSICAL WORKSPACE TO SUCCEED IN YOUR WORK?

With this question, companies are looking to see what equipment they may need to provide you with and to verify how aware you are of what remote working could mean for you physically and logistically...

5. HOW DO YOU PROCESS INFORMATION?

Several years ago, I was working in a team to plan a big event. My supervisor made us all work as a team before the big day. One of our activities has been to find out how each of us processes information...

6. HOW DO YOU MANAGE THE CALENDAR AND THE PROGRAM? WHICH APPLICATIONS / SYSTEM DO YOU USE?

Or you may receive even more specific questions, such as: What's on your calendar? Do you plan blocks of time to do certain types of work? Do you have an open calendar that everyone can see?...

7. HOW DO YOU ORGANIZE FILES, LINKS, AND TABS ON YOUR COMPUTER?

Just like your schedule, how you track files and other information is very important. After all, everything is digital!...

8. HOW TO PRIORITIZE WORK?

The day I watched Marie Forleo's film separating the important from the urgent, my life changed. Not all remote jobs start fast, but most of them are...

9. HOW DO YOU PREPARE FOR A MEETING AND PREPARE A MEETING? WHAT DO YOU SEE HAPPENING DURING THE MEETING?

Just as communication is essential when working remotely, so is organization. Because you won't have those opportunities in the elevator or a casual conversation in the lunchroom, you should take advantage of the little time you have in a video or phone conference...

10. HOW DO YOU USE TECHNOLOGY ON A DAILY BASIS, IN YOUR WORK AND FOR YOUR PLEASURE?

This is a great question because it shows your comfort level with technology, which is very important for a remote worker because you will be working with technology over time...

Other Jobs To Apply

Remote Product Review Writer (Work from Anywhere) (Creative)

Customer Service Representative Remote | Full Time Or Part Time | No Experience Required

Executive Assistant to the CEO | Bookyourdata

Remote Amazon Reseller

Sr. TLE Auto Appraiser - Virtual

Southwest Airlines is hiring: SEO Consultant in Dallas

Associate Media Analyst (Part-Time, Weekend, Remote)

Disney Cruise Line is hiring: Remote On-Air Sports Graphics Coordinator in Hartf

Sales Representative (Remote) - Now Hiring

Engineering Manager, Agents

Weekend Job / Part-time Job - Online Tutor in Türkiye

[Remote-Position] Data Entry Clerk- Part Time - Remote

People Operations & Community Specialist

Administrative Assistant / Data Entry Clerk (Remote) - Typing

[Work From Home] (UPS Remote) – Data Entry Ope...

Remote Live Chat Support Specialist

Part-Time Copy Editor, West Coast

Weekend/Evening Remote Licensed Talk Therapist - Fee For Service

Starock Group - Remote Property Manager Assistant

Virtual Assistant (Part-Time / Work From Home)

Customer Service Representative Remote | Full Time Or Part Time | No Experience Required

Technical Writer (Remote | $90–$140/hr)

Remote Support Operations Night Role - No Calls, Messaging Only

Sr. TLE Auto Appraiser - Virtual

Executive Assistant to the CEO | Bookyourdata

New Releases Feature Writer | MovieWeb

Customer Service Representative Remote | Full Time Or Part Time | No Experience Required

Sr. TLE Auto Appraiser - Virtual

Remote Product Review Writer (Work from Anywhere) (Creative)

Google Search Quality Rater – No Experience, 100% Remote Usa

Executive Assistant to the CEO | Bookyourdata

Basic Data Entry Clerk Wanted - Typing / Work From Home 25 Words Per Minute Input

USA JOB Disney Careers, Remote Jobs For Disney Job ID- 753

Virtual Data Entry Assistant (100% Remote)

Teen Humor Content Evaluator - Remote Freelance Contractor

Google Search Quality Rater – No Experience, 100% Remote Usa

Part-Time Weekend Remote Customer Service Representative

Executive Assistant to the CEO | Bookyourdata

Senior Closing Specialist – Evening & Weekend Remote Position

Social Media Moderator at Virtual Vocations Inc United States

High-Priority Caregiving Weekend Shifts Available: Join a Top-Voted Team in Gallatin & Hendersonville!

-Entry-Level Remote Role With No Experience Required | Apply Today

Executive Assistant - Remote - Must have EA Exp

Janitor - Now Hiring

Assistant Manager Branch Office - Skibo Road Fayetteville

Remote Data Entry Associate — Flexible Evening/Part-Time

Amazon Customer Service Representative (Remote)

Remote Product Tester - Flexible Studies

iOS Engineer -Remote

Senior National Account Ops Leader — Remote