EDUARDO D. ALDANA
Assistant Vice President
Chicago,IL
Summary
Professional Summary
Experienced finance professional with a robust background in commercial lending, spanning middle market companies in both commercial and industrial, as well as commercial real estate sectors. Demonstrated expertise in community development finance, serving as a key institutional investor targeting Low-Income Housing Tax Credit (LIHTC) projects and spearheading the organization's inaugural New Markets Tax Credit (NMTC) investments. Proven success in strategic investment decisions, including SBIC funds and Community Development Financial Institutions (CDFIs). Adept at leveraging LIHTC investments to create cross-selling opportunities, strategically securing construction loan and deposit opportunities for the organization.
Overview
5
5
years of professional experience
1
1
Language
Work History
Board of Directors
Bickerdike Redevelopment Corporation, Multicultural
03.2024 - Current
- Member of the board of directors and participant in the finance committee of a non-profit affordable housing developer focused on the northwest side of Chicago, IL
- Wintrust’s Business Resource Group
Chair
08.2023 - Current
- Serving as MPN’s
- Driving the leadership team into a more sophisticated structure with process and data in mind
- Established goals for each individual leader that aligns with the BRG’s mission and vision while continuing to expand membership and awareness.
Assistant Vice President
Wintrust
12.2022 - Current
- Managing a $400MM+ investment portfolio of Community Investments across multiple asset classes including, Low-Income Housing Tax Credits (LIHTCs), New Markets Tax Credits (NMTCs) Small Business Investment Companies (SBICs), Community Development Financial Institutions (CDFIs), and other community development investments
- Leveraged the Organization’s LIHTC equity to maximize CDL opportunities which resulted in over $71MM of construction loan growth in one year compared to no loans, all while also managing the underwriting and closing process for both the debt and equity
- Led the Organization’s first two New Markets Tax Credit investments in 2023 which resulted in the creation of over 200 permanent jobs in Hammond, IN, and a grocery store in a food desert in the Austin neighborhood of Chicago
- Expanded the CRA investment team by hiring its first permanent credit analyst
- Guided the analyst with assisting in the underwriting and presentation of new investments that include a detailed financial analysis and outline of investment opportunities for presentation and review by the CRA Investment Committee
- Collaborating with internal/external Legal and Compliance teams in the closing process of new investments to ensure proper documentation and CRA compliance is obtained.
01.2021 - Current
Chair
08.2022 - 08.2023
- Served in MPN’s leadership team as Vice
- Assisted with the strategic planning of the BRG and supported other chairs in achieving objectives.
CRA Investment Officer
Wintrust
03.2021 - 12.2022
- Managed existing relationships within the $250MM investment portfolio across the organization’s entire footprint (IL, WI, IN) as well as developing and cultivating new relationships with external clients including fund managers, syndicators, and developers
- Originated and presented new investments that include a detailed financial analysis and outline of investment opportunities for presentation and review by the CRA Investment Committee
- Monitoring the CRA Investment Portfolio to maintain compliance with policies and procedures, providing timely reporting to management, identifying risk, and ensure proper record keeping including the preparation of annual or quarterly reviews as needed.
Chair
08.2021 - 08.2022
- Served in MPN’s leadership team as Co-, of programming
- Led the program efforts to foster a more inclusive space and drive employee traffic back to the office post-COVID.
Commercial Lender Training Program
West Suburban Bank
02.2020 - 03.2021
- Attended prospect meetings with Loan Officers to develop understanding of prospect’s request to determine proper loan structure, prepare opportunity memo’s and complete approval packages
- Participated and led in the sales proposal process for C&I and Commercial Real Estate (including 504 deals) by accompanying the lenders on customer and prospect calls
- Gained market exposure with the local Hispanic community through various other sales/customer-oriented projects
- Prepared and reviewed commitment letters as well as underwrite new loans, renewals and modifications
- Supported in the onboarding of new SBA PPP clients while establishing and maintaining these relationships
- Leveraged client’s knowledge to proactively identify and recommend opportunities to cross-sell additional loan and non-credit products to clients
- Assisted in the loan closing process, including preparation, review, and documentation of loan documents.
Credit Analyst
West Suburban Bank
02.2019 - 02.2020
- Prepared credit presentations for C&I loans and/or commercial real estate loans including approval packages for renewals, modifications, and new requests
- Analyzed business reports, financial statements, and tax returns to make sound credit decisions within established guidelines
- Validated borrowing base certificates and testing of financial covenants for compliance as dictated by the client’s underlying loan documents
- Ensured financial statements are spread consistently and analyzed correctly, addressing industry and credit risks along with performing collateral analysis.
Education
Bachelor of Science - Finance
Aurora University
Aurora, ILSkills
Relationship Building
Timeline
Board of Directors
Bickerdike Redevelopment Corporation, Multicultural
03.2024 - Current
Chair
08.2023 - Current
Assistant Vice President
Wintrust
12.2022 - Current
Chair
08.2022 - 08.2023
Chair
08.2021 - 08.2022
CRA Investment Officer
Wintrust
03.2021 - 12.2022
01.2021 - Current
Commercial Lender Training Program
West Suburban Bank
02.2020 - 03.2021
Credit Analyst
West Suburban Bank
02.2019 - 02.2020
Bachelor of Science - Finance
Aurora University
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