Ullico

Sells insurance and manages union investments

Sr. Portfolio Analyst

Retail & Commercial BankingConfirmed live in the last 24 hours

Full-timeChicago, IL, USA$120k - $156.5k /yr

About the Job

Requirements

Bachelor's degree in Finance, Economics, or a related field.
3 to 5 years of experience in commercial real estate loan underwriting, including financial/credit analysis, discounted cash flow (DCF), and net present value (NPV) modeling
Intermediate to advanced proficiency in Excel and ARGUS financial modeling.
Strong analytical, communication, and presentation skills for interaction with internal senior management and external business leaders.
Must complete a financial modeling exercise.

Responsibilities

Maintain overall statistics and financial performance analysis for the mortgage portfolio. Summarize and analyze reports for mortgage loans to include, but not limited to: analyzing operating statements on properties, obtaining financial background on properties, annual reviews, and project variance reports.
Prepare quarterly portfolio statistics detailing geographic and product concentrations. Evaluate and recommend changes to reports to provide efficient and applicable information to management.
Perform various analyses related to financial performance to include: cash flow projections, cash flow variance analysis, business operations "driver" analysis (critical success factors) and analysis of comparative performance with other companies in industry.
Assist, coordinate and prepare financial projections for real estate and mortgage portfolio as required for internal reporting and external filing for both statutory and GAAP, as applicable.
Assist in oversight and follow-up on underwriting portions of loans to ensure all provisions are being adhered to.
Prepare, secure approval and maintain portfolio data including monthly reports such as the J and W1 Portfolio Valuation, Performance Comparison, Property Income and Expense analysis for House Accounts and quarterly reports such as Appraisal Status, Annual Reviews, Portfolio Characteristics and General Account Valuation.
Monitor individual asset reports due to VP from Regional Managers such as Construction Status reports, Multi-Family Sales Status reports and Watch List reports. Prepare and submit to SVP for review and approval the same reports, when applicable, for House Accounts.
Undertake ad hoc project and reports. Assist SVP/VP in the preparation of internal and external presentations.

Salary Range: 120000 to 156500 (Currency: USD) (Pay period: per-year-salary)

Ullico, Inc., one of the nation’s largest sources for real estate first mortgage financing, is actively recruiting a Senior Portfolio Analyst to join a group that manages a $4.4 billion portfolio. Ullico’s Real Estate Debt Group offers construction and permanent debt financing for commercial real estate. This position reports to the Regional Vice President and is located in our Chicago, IL office.

Job Duties:

Maintain overall statistics and financial performance analysis for the mortgage portfolio. Summarize and analyze reports for mortgage loans to include, but not limited to: analyzing operating statements on properties, obtaining financial background on properties, annual reviews, and project variance reports. Prepare quarterly portfolio statistics detailing geographic and product concentrations. Evaluate and recommend changes to reports to provide efficient and applicable information to management.

Perform various analyses related to financial performance to include: cash flow projections, cash flow variance analysis, business operations "driver" analysis (critical success factors) and analysis of comparative performance with other companies in industry.

Assist, coordinate and prepare financial projections for real estate and mortgage portfolio as required for internal reporting and external filing for both statutory and GAAP, as applicable.

Assist in oversight and follow-up on underwriting portions of loans to ensure all provisions are being adhered to.

Prepare, secure approval and maintain portfolio data including monthly reports such as the J and W1 Portfolio Valuation, Performance Comparison, Property Income and Expense analysis for House Accounts and quarterly reports such as Appraisal Status, Annual Reviews, Portfolio Characteristics and General Account Valuation.

Monitor individual asset reports due to VP from Regional Managers such as Construction Status reports, Multi-Family Sales Status reports and Watch List reports. Prepare and submit to SVP for review and approval the same reports, when applicable, for House Accounts.

Undertake ad hoc project and reports. Assist SVP/VP in the preparation of internal and external presentations.

Minimum Qualifications:

Bachelor's degree in Finance, Economics, or a related field.

3 to 5 years of experience in commercial real estate loan underwriting, including financial/credit analysis, discounted cash flow (DCF), and net present value (NPV) modeling

Intermediate to advanced proficiency in Excel and ARGUS financial modeling.

Strong analytical, communication, and presentation skills for interaction with internal senior management and external business leaders.

Must complete a financial modeling exercise.

For over 95 years, Ullico, the only labor-owned insurance and investment company, has been a proud partner of the labor movement. From insurance products for members, leaders and employers, to investments that have created thousands of union jobs, our customers continue to count on Ullico to protect them. The Ullico Inc. family of companies includes The Union Labor Life Insurance Company; Ullico Casualty Group, Inc.; Ullico Investment Company, Inc.; and Ullico Investment Advisors, Inc. Visit www.ullico.com.

We offer a competitive starting salary and an outstanding benefits package including:

Health/Dental/Vision
Pension
401K
Health Savings Account
Life Insurance
Paid Time Off

Ullico is an Equal Opportunity Employer. This organization participates in E-Verify.

Candidate Advisory: To protect applicants from recruitment fraud, all correspondence from our Human Resources department will originate from email addresses ending in @Ullico.com. We will never ask candidates to provide sensitive personal or financial information through any other email domain.

About the Company

Ullico

Sells insurance and manages union investments

Ullico sells insurance and manages investments for labor organizations, union members, employers and employee benefit plans. Its family of companies combines life and health coverage, liability insurance and investment services geared to the union workplace. Insurance policies cover risks such as death, disability, large medical claims and legal liability, while its investment teams manage commercial mortgages, infrastructure assets and fixed income portfolios. The group earns insurance premiums and fees for managing assets and related financial services. Its insurance operations began in 1927, and Ullico is headquartered in Bethesda, Maryland.

Company size: 201-500
Company stage: Not listed
Total funding: Not listed
Headquarters: Bethesda, MD
Founded: 1927

Recently Posted Jobs

Explore more opportunities at Ullico

See more jobs