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AVP, Portfolio Credit Home and Auto
1 week ago
Synchrony Financial Chicago, United StatesJob Description · Job Description: · Role Summary/Purpose: · As the AVP, Portfolio Credit Home and Auto you will assume ownership of full life cycle credit risk management for Core Electronics portfolios, with specific attention to a strategic client. You will be responsible to p ...
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AVP, Portfolio Credit Home and Auto
1 week ago
Synchrony Financial Chicago, United StatesJob Description: · Role Summary/Purpose: · As the AVP, Portfolio Credit Home and Auto you will assume ownership of full life cycle credit risk management for Core Electronics portfolios, with specific attention to a strategic client. You will be responsible to provide Credit Risk ...
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Avp, Portfolio Credit Home and Auto
3 weeks ago
Synchrony Chicago, United States**Job Description**: · **Role Summary/Purpose**: · As the AVP, Portfolio Credit Home and Auto you will assume ownership of full life cycle credit risk management for Core Electronics portfolios, with specific attention to a strategic client. You will be responsible to provide Cre ...
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Zurich Insurance Company Chicago, United States Full timeZurich North America is looking for a Commercial Surety Underwriting Officer (AVP or VP Level) to join our Commercial Surety team within the North Central region. · The Commercial Surety Underwriter is a uniquely technical role in the underwriting world. In this position you will ...
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Associate / AVP
3 weeks ago
MidCap Financial Chicago, United StatesJob Title: AVP - Healthcare Leveraged Finance & Financial Sponsors · Reports To: Director · Position Type: Full Time · Job Locations: Chicago, IL · Job Description: The candidate will join the Healthcare Leveraged Finance & Financial Sponsors underwriting team. He/she will focus ...
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AVP, Underwriting
2 weeks ago
Chubb Chicago, United StatesScopeContribute to the achievement of the Chubb Global Casualty Segment business plan. The AVP, Underwriting is responsible for production, underwriting and maintenance of new and renewal domestic casualty loss sensitive accounts accounts within a defined territory. In addition, ...
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Meetings Coordinator
5 days ago
American Property Casualty Insurance Association Chicago, United StatesJob Description · Job DescriptionPosition Summary: · The Meetings Coordinator provides critical administrative and events support to the meetings department. Through meticulous attention to detail, concise communication, strong organizational skills, and customer relations, the ...
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Zurich Insurance Company Ltd. Chicago, United StatesZurich North America is looking for a Commercial Surety Underwriting Officer (AVP or VP Level) to join our Commercial Surety team within the North Central region. · The Commercial Surety Underwriter is a uniquely technical role in the underwriting world. In this position you will ...
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Associate/ AVP/ VP, Direct Originations
1 week ago
Monroe Capital Corporation Chicago, United StatesMonroe Capital is seeking an Associate/ AVP/VP to join its Originations Group in Chicago, IL. This group is responsible for originating new investment/lending opportunities for the firm. Specifically, the candidate will be responsible for lead generation via a direct calling effo ...
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Associate/ AVP/ VP, Direct Originations
1 week ago
Monroe Capital Corporation Chicago, United States· Monroe Capital is seeking an Associate/ AVP/VP to join its Originations Group in Chicago, IL. This group is responsible for originating new investment/lending opportunities for the firm. Specifically, the candidate will be responsible for lead generation via a direct calling e ...
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Branch Manager
1 week ago
MSU (Michigan State University) Federal Credit Union Chicago, United StatesThe Branch Manager leads the branch staff to achieve the strategic initiatives set forth for the branch by the Credit Union. The position is responsible for recognizing areas of strength and leverage them, in addition to recognizing areas development and improving them as the bra ...
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Branch Manager
1 week ago
MSUFCU Chicago, United StatesPosition Summary: · The Branch Manager leads the branch staff to achieve the strategic initiatives set forth for the branch by the Credit Union. The position is responsible for recognizing areas of strength and leverage them, in addition to recognizing areas development and impr ...
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AVP, Underwriting Manager
1 week ago
Chubb Chicago, United StatesJob Description · AVP, CIS Manager - Chicago, Illinois · We are looking for a strategic and dynamic leader to partner with branch and distribution management to profitably grow the Chicago CIS book of business. · Responsibilities: · Responsible for growth and fostering of int ...
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SVP of Lending
1 week ago
RF RENOVO MANAGEMENT COMPANY LLC Chicago, United StatesJob Description · Job DescriptionPosition: SVP of Lending · Who We Are: · Renovo Financial is a rapidly-growing Chicago-based private lender serving real estate investors who acquire and renovate single and multi-family residential properties. We pride ourselves on supporting cl ...
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SVP of Lending
2 weeks ago
RF RENOVO MANAGEMENT COMPANY LLC Chicago, United StatesJob Description · Job Description · Position: SVP of Lending · Who We Are: · Renovo Financial is a rapidly-growing Chicago-based private lender serving real estate investors who acquire and renovate single and multi-family residential properties. We pride ourselves on supportin ...
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Mgr Extended Business Office
6 days ago
Rush Hospital Chicago, United StatesLocation: Chicago, IL · Hospital: RUSH University Medical Center · Department: Patient Financial Services · Work Type: Full Time (Total FTE between 0.9 and 1.0) · Shift: Shift 1 · Work Schedule: 8 Hr (8:00:00 AM - 5:00:00 PM) · Summary: · The Manager, Extended Business ...
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AVP, Account Sales Manager
6 hours ago
Synchrony Financial Chicago, United StatesJob Description: · Role Summary/Purpose: · The role of AVP, Account Sales Manager - Powersports & Trailer on the OUTDOOR Team (Powersports, Lawn & Garden, Sporting Goods) is critical to the success of this fast-growing LIFESTYLE Platform business. The key responsibilities of the ...
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Wealth Alternatives Product Manager
3 weeks ago
Nuveen Chicago, United StatesThe AVP, Wealth Alternatives Product Manager will be responsible for supporting Nuveen's alternatives wealth product platform (non-traded REITs, BDCs, Interval and Tender Offer funds). This role will be an integral member of the team assisting with fundraising and diligence initi ...
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Western Alliance Bancorporation Chicago, United States Regular, Full timeJob Title: · AVP- Portfolio Manager- Bridge Bank- Technology Lending · Location: · IL - Chicago LPO · What you'll do: · The AVP, Portfolio Manager position is responsible for analyzing, structuring, underwriting and coordinating the closing of major and complex Technology loans i ...
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Meetings Coordinator
2 weeks ago
American Property Casualty Insurance Association Chicago, United States**Position**: · **Title**: · Meetings Coordinator · **Type**: · Full Time · **Division**: · Public Affairs · **Position Summary**: · The Meetings Coordinator provides critical administrative and events support to the meetings department. Through meticulous attention to detail, co ...
AVP of Credit - Chicago, United States - Renovo Financial
Description
Position: AVP; Credit
Renovo Financial is a rapidly growing Chicago-based private lender serving 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. Come join us, it's a "win-win".
Position Summary:
Renovo is looking to add an energetic, assertive, enthusiastic, AVP of Credit ("AVP") to become a valuable part of the Company's credit team. The AVP will work closely with credit analysts to review loan opportunities. The AVP will further work to mitigate risk within the organization by identifying process improvements and escalate identified risks when needed.
Role Responsibilities
Review, approve, and escalate identified risks on loans submitted for approval by the credit analysts. Identify key risks and proactively work to mitigate them to ensure the continued successful performance of Renovo's loan book. Recommend re-structuring as needed
Thorough risk assessment to determine creditworthiness of borrowers will include, but is not limited to:
Reviewing construction budgets and coordinating with asset management
Evaluating project intensity relative to the borrower's experience
Evaluating appropriateness of loan-level leverage for the given borrower, project, and location
Understand borrower's historical performance and their ability to repay
Assessment of borrower's documented financial position
Fosters a collaborative credit culture with early interaction between Credit Approval and the POD to identify core issues and structuring concerns, escalating to senior leadership as needed
Be a resource for Credit Analysts and Loan Officers on Renovo's internal credit procedures and guidelines; ensuring adherence to policy when there are updates
Provides guidance for loan transactions to analysts and loan officers to improve/maintain structuring, understanding, consistency, customer service, and the overall credit approval process
Tackle market specific questions that arise during the underwrite, research solutions and form recommendations
Ensure data accuracy and that proper loan documentation has been provided to justify all credit decisions
Work cross-functionally with capital markets and other departments as it pertains to credit
Collaborates with Operations team to ensure process adherence and provide recommendations for improvements and to increase efficiencies as needed
Role Specifications:
Review and approve loans up to $500K for designated PODs
Pre-review loans >$500K and provide a recommendation for modification, rejection or approval to a VP or SVP of Credit
Ideal Candidate:
Bachelor's degree and/or related experience of at least 5 years
Role is required to be in the office 2 days per week
Specific days agreed upon with your manager
Technically strong in both commercial and residential real estate concepts, credit risk, and financial analysis
Strong attention to detail
Leadership experience
Entrepreneurial spirit, proactive and strong ability to anticipate needs
Ability to work independently and handle non-routine situations with solutions-based problem solving skills
Ability to work effectively under deadline pressures, and adjust quickly and effectively to changing priorities
Ability to foster and cultivate relationships / thoughtful and forward thinking
Strong organizational, critical thinking skills with impeccable multi-tasking abilities
Articulate, poised, with a sense of urgency
Excellent verbal and written communication skills
Has excellent record keeping and organizational skills
Advanced technical literacy in Microsoft Office Suite, particularly Microsoft Excel
Behavioral Characteristics:
Self-Motivated: You take challenges on without waiting to be told what to do
Positive Attitude: You approach situations with a proactive and positive attitude
Determined: You stay on course even during difficult assignments and you crave opportunity for advancement
Team Player: You believe that to be successful you need to leverage and trust your team. You lead by example.
Openminded: Always seeks to find and develop creative solutions
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.
Renovo offers a 401k plan with employer matching, paid time off, observance of company paid holidays, medical, dental, vision benefits for employees and their dependents, maternity benefits and more.
