WHO WE ARE:

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.

POSITION SUMMARY:

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.

• Assists VP of Lending in performing pre-qualification assessment and analysis of Borrower’s financial condition
• Compiles data from credit bureaus, tax returns, and statement of assets etc. for analysis
• Prepares clear and precise executive summaries for presentation of proposed loans
• Coordinates with VP of Lending to manage the existing portfolio in regards to loan extensions, modifications and covenant tracking
• Makes recommendations and works with VP of Lending to structure loans and mitigate risk.
• Oversees the vetting process for potential new appraisers
• Supports the VP of Lending during Credit Committee by demonstrating knowledge of the pertinent information for each deal.
• Responsible for maintaining the integrity of the existing Credit Policy and making updates to the policy as needed.
• Performs other duties and responsibilities as required.