Senior Commercial Real Estate Analyst - Hybrid

Don’t let our name scare you, we are not your average bank.

With nearly a century of service, FHLBI is one of 11 independent regional cooperative banks across the U.S. Simply put, we’re a bank for banks, credit unions, community development financial institutions and insurers across Indiana and Michigan. As a cooperative, we are dedicated to strengthening communities throughout our region.

But enough about us, let’s talk about you.

Are you looking for a company that views their employees as their greatest asset?

A company that’s dedicated to making a difference in the community? So much so they pay their employees to volunteer?

Do you want to join a talented workforce that prioritizes diversity, equity and inclusion, and promotes learning and development, unique skills/ideas, and employee engagement?

If you’ve said yes to these questions, then we might be a match!

Here is what we offer:

• Flexible hybrid workforce model: Onsite three days a week and two days remote. We also offer five fully remote weeks per year!

• Fantastic, competitive pay and total rewards

• Industry-high 401(k) match: up to 6% PLUS…an additional 4% contribution!

• Tuition reimbursement assistance: To help you continue to develop personally and professionally.

• Student loan repayment assistance: That’s right, we will help you repay outstanding student loans!

• Awesome Benefits Package: Medical, dental, vision benefits and even pet (you read that right) insurance!

• Generous time off: Vacation, paid federal holidays, birthday month floating holiday, volunteer day and summer hours program

• “Dress for your day” dress code: You choose the appropriate work attire based on what your day looks like.

Statistics show that it is less likely for some candidates to submit their application if they don't meet all the criteria within the job description. If this is you, we encourage you to give yourself a chance and submit your application anyways, as you may be the perfect match for this role! 

Purpose:

Assist Collateral Risk Director by performing analysis of commercial real estate (CRE) and multifamily (MF) loans offered as collateral, providing loan collateral portfolio surveillance, reporting collateral portfolio stratification and concentration levels, and researching CRE/MF industry related trends.  Communicates with staff and members by discussing collateral procedures and eligibility requirements.

The following statements are intended to describe the general nature and level of work being performed by persons assigned to the job. They are not intended to be an exhaustive list of all responsibilities or abilities required of persons so classified. The Bank reserves the right to alter or amend this description at any time.

Specific Responsibilities:

• Specializes in analyzing CRE and multifamily loans.  Works to determine what CRE/MF loans may be eligible for pledge.  Communicates with staff and members by discussing collateral procedures and assisting with the securitization of Bank credit products. 

• Reviews members other real estate related collateral programs for approval to pledge collateral within that category – may include participations, seconds, and CRE loan collateral, etc. Makes recommendations to management for review.

• Performs detailed front-end and continued analysis of large CRE/MF loans offered as collateral prior to pledge and on a continual basis.  Assessments entail review of member’s provided analysis reports and other relevant available information.  Present loan features, key facts, and recommendation to management for review. 

• Research CRE markets and identifies market trends and developments.  Prepares regular reports for Collateral Risk management and recommends appropriate actions to mitigate risk as market changes warrant. 

• Maintains relevant tools and reports to track collateral trends, estimate impact of product changes, estimate impact of changes in CRE/MF market conditions (i.e. property valuations, credit environment, etc.), and for miscellaneous reports required by various parties including management, FHLBI Board of Directors, regulatory agencies, etc. 

• Assists with CRE loan portfolio exposure surveillance and monitoring at Bank level and at the member level. 

• Performs related duties to monitor CRE collateral such as reviewing appropriate collateral coverage, assisting to determine collateral liquidation values, and assisting with on-site audits of members’ CRE loan collateral. 

• Prepares detailed analysis of members seeking approval to pledge non-traditional collateral for management review. 

• Develops and maintains s