Loan Review Officer - Loan Review

Overview

This position is 100% remote within the Bank's footprint. Work is full-time remote outside of a workplace location, with occasional in-person meetings possible; primary responsibilities are performed remotely.

Under the direction of the Director of Loan Review, this role provides assistance for an independent and objective evaluation of the quality of the loan portfolio, the adequacy of loan documentation, and the effectiveness of loan administration functions. The position also supports effective communication of review results in verbal and written forms.

Responsibilities

• Assist with the assessment of credit risk and monitoring of compliance with loan policy, policies and procedures, and applicable laws and regulations.
• Identify and assess credit, legal, and strategic risks arising from lending activities.
• Assess collectability of extensions of credit by reviewing customer financial information, collateral information and documentation, and payment history.
• Assign appropriate risk grades to reflect relative risk of default or loss.
• Recommend corrective actions to assist with resolution or workout of problem situations.
• Evaluate the adequacy of loan and collateral documentation and the effectiveness of loan administration.
• Review commercial credits of all types and complexities.
• Lead exit meetings for unit reviews.
• Work under the supervision of the Loan Review Department Manager.

Requirements

• Thorough knowledge of commercial and consumer lending, banking laws, and regulations to support credit risk assessment and compliance monitoring.
• Banking industry knowledge with the expectation to acquire and maintain proficiency in the organization’s policies and procedures and adhere to applicable laws, rules, and regulations.
• Timely completion of assigned compliance training.
• Proficiency in Microsoft Word, Excel, and Outlook.
• Ability to use tools provided to perform job responsibilities.
• Ability to develop a working knowledge of commercial lending, including collateral documentation, generally accepted practices, and financial analysis skills.
• Ability to read, analyze, and interpret financial reports and legal documents.
• Ability to write reports for management that conform to prescribed style and format.
• Ability to define problems, collect data, establish facts, and draw valid conclusions.
• Ability to interpret technical and financial information and handle both subjective and concrete variables.
• Bachelor’s degree from an accredited college or university in a business related field required.
• A minimum of 3 years of experience as a Federal Bank Examiner, Loan Review, or Credit Analysis capacity required.

Preferred Qualifications

• Accounting or Finance major.
• BAI Loan Review Certification or RMA Credit Risk Certification.

Location

100% remote within the Bank's footprint; work is performed full time remote outside of a workplace location, with occasional in-person meetings possible.