Jared Rickord Email & Phone Number

Springfield, Il, Us

Springfield, Illinois

• Recipient of the 2022 T. Edward McEvers GEM Award for outstanding customer service.• Selected by Bank Management to participate in Leadership Springfield, a 14-week series of half day programs during which participants gain leadership skills and in-depth exposure to critical issues affecting the Springfield area. Member of the 2023 graduating class.

Springfield, Illinois

• Perform credit analysis on Committee level deals and attend the weekly meetings in which they are presented.• Tasked with implementing formalized financial covenant testing and monitoring across the aggregate commercial credit portfolio. • Created a monthly borrowing base monitoring system utilized for all applicable customers, providing trend analysis on individual company’s outstanding RLOC balances in relation to the RLOC commitment and eligible borrowing base amounts.• Perform quantitative and qualitative analysis on businesses utilizing financial statements, tax returns, and industry research.• Perform financial analysis on guarantors utilizing personal tax returns, PFS’, and credit reports.• Assist lenders on Customer and Prospect calls and provide guidance on loan structuring.• Complete financial spreads and ad hoc analysis.• Provide ongoing training to new credit analysts on all functions of the job.

Rosemont, Illinois

• Selected as an inaugural member of a three person unit focused on Leveraged Lending underwriting and risk assessment.• Worked with Loan Officers and Credit Officers on the initial due diligence, risk assessment, and loan structuring of all prospective customers which would be categorized as either OCC Leveraged or FDIC Higher Risk, or include an under-secured aspect. • Evaluated the creditworthiness of over $500 million of prospective loan commitments.• Contributed creative credit structures for prospective customers in order to avoid leveraged loan classifications based on regulatory guidance and literature. • Underwrote complex credits involving acquisitions, recapitalizations, leveraged buyouts, and mezzanine/seller debt refinancing. • Assisted Loan Officers on prospect calls involving private equity firms and mezzanine loan providers. • Completed quarterly risk assessments of a $1.2 billion portfolio designated as OCC Leveraged or FDIC Higher Risk.• Monitored the quarterly movements of the aggregate under-secured exposure for relationships classified as OCC Leveraged or FDIC Higher Risk, providing commentary on noteworthy trends and movements.• Prepared Opportunity Memos and Credit Review Memorandums for Senior Credit Management and Credit Committee.• Selected by Management Committee to participate in the Bank’s Professional Leadership Series Program.

Rosemont, Illinois

• Provided support for a $500 million loan portfolio.• Supported a Commercial Banking Group through managing the existing loan portfolio, including maturing loan portfolio management, covenant verification and monitoring, financial spreading, as well as additional underwriting.• Worked with Loan Officers and Credit Officers on the initial due diligence and risk assessment of prospective customers, including loan structuring and relationship strategy. • Acted as the primary resource for Commercial Credit Analysts rotating through the group with regards to all functions of the job, including refining underwriting techniques and maintaining consistency with the Bank’s Credit Risk Policy.• Provided accurate and timely assessment of risk ratings through ongoing portfolio management, receiving satisfactory scores from Loan Review with zero proposed adjustments to risk ratings.• Responsible for organizing/attending quarterly meetings associated with commercial credits that possess substandard risk ratings for the Bank’s aggregate loan portfolio (C&I, CRE, ABL, Equipment Finance, Leasing, Business Banking, etc.) and completed the corresponding meeting minutes to ensure loans were accurately risk rated.• Nominated for the MB Top Performer Award by Senior Credit Management.

Rosemont, Illinois

• Provided support for a $250 million loan portfolio.• Supported a Commercial Banking Group through managing the existing loan portfolio, including maturing loan portfolio management, covenant verification and monitoring, financial spreading, as well as additional underwriting.• Worked with Loan Officers and Credit Officers on the initial due diligence and risk assessment of prospective customers, including loan structuring and relationship strategy. • Acted as the primary resource for Commercial Credit Analysts rotating through the group with regards to all functions of the job, including refining underwriting techniques and maintaining consistency with the Bank’s Credit Risk Policy.• Provided accurate and timely assessment of risk ratings through ongoing portfolio management.• Completed annual credit reviews for relationships with high credit quality and reaffirmed existing risk ratings. • Completed problem credit reports for relationships that possessed substandard risk ratings and attended the related quarterly meetings in which they were discussed amongst Group Presidents, Credit Officers, and Executive Management. • Evaluated the risk ratings for over $100 million of loan exposure following the acquisition of American Chartered Bank.

Rosemont, Illinois

• Graduate of MB Financial Bank’s 2-year Leadership Development Program which consisted of formal credit training and rotations through the Bank’s Commercial and Industrial Groups (C&I) and Commercial Real Estate Group.• Completed two rotations within the Bank’s C&I Group where I supported 5-divisions, receiving approval for over $115 million of loans consisting of renewals and new money.• Completed a rotation within the Bank’s Commercial Real Estate Group where I supported 5-divisions, receiving approval for over $85 million of loans consisting of renewals and new money. • Responsible for analyzing the financial performance of customers and prospects of the Bank and preparing Credit Review Memorandums to be presented to Senior Credit Management and Credit Committee.• Completed financial spreads, covenant calculations, ad hoc analysis, and monitored each division’s tracking report.• Selected to represent the Commercial Credit Analysts during a Pilot Program aimed at improving the efficiency of the underwriting process, approval process, and documentation process, which ultimately received Executive Management approval.• Directed the implementation of the new business model throughout the Bank and individually streamlined the approval to closing process for over $150 million of loans.