Loan Review Commercial Examiner II

Overview

Work Location: Mount Laurel, New Jersey, United States of America
Hours: 40
Line of Business: Risk Management

This role is for an experienced credit professional and individual contributor who independently conducts borrower file reviews as part of Examinations and continuous review testing activities across the organization’s commercial loan portfolios.

Responsibilities

• Conduct independent, high-quality, comprehensive reviews of borrowers across diverse commercial loan portfolios to assess:
  • underwriting adequacy
  • portfolio monitoring activities
  • documentation adequacy
  • collateral valuations
  • risk rating accuracy
  • problem loan administration
• Interpret and apply regulatory feedback and requirements, along with bank policies and credit standards; evaluate reviewed credits for adherence to policies, credit standards, risk limits, and regulatory guidance
• Analyze and interpret borrower-specific information, including an independent assessment of:
  • repayment capacity
  • management capability
  • covenant adherence
  • legal documentation
  • industry risk
• Use independent judgment and subject matter expertise to develop and provide management with a risk rating assessment for all borrowers reviewed, supporting the organization’s Expected Loss determination
• Participate in risk rating discussions internally and with Line of Business partners
• Use and apply subject matter expertise to develop job aids in support of examination activities
• Interact independently and professionally, verbally and in writing, with lending and credit management staff during loan reviews; resolve discrepancies and disputes by incorporating Line of Business feedback into final assessments where appropriate
• Maintain expert working knowledge of credit policies and procedures to measure adherence during loan reviews; pursue professional development to stay current on credit products and structures, industry trends, and regulatory changes
• Produce workpapers documenting review findings for internal presentation to Loan Review management and external presentation to Line of Business partners and Regulatory review
• Manage workflow in accordance with department standards
• Assist in the professional development of other Commercial Examiners as appropriate
• Maintain confidentiality of customer information at all times
• Perform other related duties as required

Requirements

• Bachelor’s Degree in business or related field required
  • Strong preference for Finance or Accounting major or concentration, but relevant work experience can offset a different degree type
• Minimum of 5 years of commercial credit experience in one or more of the following:
  • loan review
  • credit underwriting/analysis
  • credit management
  • credit risk management
  • commercial lending
  • regulatory examinations
• Strong knowledge of commercial lending and credit analysis, with demonstrated experience in corporate, syndicated and leveraged loans highly desired
• Excellent verbal and written communication skills
• Ability to compile review data and interpret it in narrative and analytical form to present findings to business management
• Ability to present well-formed, supported opinions of process, procedure, and credit risk condition to business management
• Ability to prioritize and organize assignments and meet strict deadlines
• Strong PC skills, including word processing and spreadsheets using Microsoft Office products as well as custom applications and systems
• Must be able to work in potentially contentious circumstances and effectively communicate potential credit risk up to Exam Management

Preferred Qualifications

• Highly competent in commercial credit analysis, credit risk assessment, and risk rating via regulatory definitions
• Able to work well with and influence others without direct management control
• Effective collaboration and coaching supported by strong spoken and written communication
• Highly organized and attentive to detail
• Able to make observations and connections that may highlight potential credit risk
• Able to determine, support, and advocate for a position based on available data and knowledge

Compensation & Benefits

• Base Pay Range: $100,000 - $150,000 USD
• Base pay actually offered may vary based on candidate skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

Total Rewards package may include:

• base salary and variable compensation/incentive awards (eligibility for cash and/or equity incentive awards generally through participation in an incentive plan)
• health and well-being benefits
• savings and retirement programs
• paid time off (including Vacation PTO, Flex PTO, and Holiday PTO)
• banking benefits and discounts
• career development
• reward and recognition

Location & Physical Requirements

Domestic Travel: Occasional
International Travel: Never

Physical demands (ADA):

• Performing sedentary work – Continuous
• Performing multiple tasks – Continuous
• Operating standard office equipment – Continuous
• Responding quickly to sounds – Occasional
• Sitting – Continuous
• Standing – Occasional
• Walking – Occasional
• Moving safely in confined spaces – Occasional
• Lifting/Carrying (under 25 lbs.) – Occasional
• Lifting/Carrying (over 25 lbs.) – Never
• Squatting – Occasional
• Bending – Occasional
• Kneeling – Never
• Crawling – Never
• Climbing – Never
• Reaching overhead – Never
• Reaching forward – Occasional
• Pushing – Never
• Pulling – Never
• Twisting – Never
• Concentrating for long periods of time – Continuous
• Applying common sense to deal with problems involving standardized situations – Continuous
• Reading, writing and comprehending instructions – Continuous
• Adding, subtracting, multiplying and dividing – Continuous

Accommodation & Equal Opportunity

The employer is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran, or any other characteristic protected under applicable federal, state, or local law.

If you are an applicant with a disability and need accommodations to complete the application process, accommodations are available through the organization’s workplace accommodations process.